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Head Distress Asset Resolution

10.00 to 0.00 Years   Mumbai City   08 Nov, 2019
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryRecruitment Services
Functional AreaLegal Support Services
EmploymentTypeFull-time

Job Description

1. Handling of the provisional NPA and declared NPA accounts, covering the entire SME portfolio.2. Minimising slippage of Performing assets to NPA status3. Ensuring restructuring of viable stressed accounts [including Corporate Debt Restructuring (CDR) cases]4. Working out One Time Settlements/ transferring stressed cases to Asset Reconstruction companies5. Negotiations with Assets Reconstruction Companies for Assignment of Debts6. Extensive negotiation with clients on interest rates, minimisation of sacrifices in restructuring / One Time Settlement proposals, etc.7. Resolution of NPAs through various mode i.e. initiation of SARFAESI Action, other proceedings8. Conducting meeting with advocates and council, decide the path of recovery and accordingly initiate the course of action.9. Coordination with various departments for RBI Audit and Statutory Audit related issue.10. Coordination with branches/ office spread across the country for management/monitoring of probable NPAs.Desired Candidate Profile10+ years of experienc ein Corporate Debt resolutionSalary:40 Lac - 50 Lac,

Keyskills :
sme marketing management cases sbumanagement quality businessdevelopment audit negotiation accounts focus banking acquisition sales action tatut yaudit

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