Debt Recovery

Aylegum Advisory LLP

In case borrower does not deposit any money (within limited time), push the process further for seizing the mortgaged property (with police and magistrate' help) after obtaining DM's orders (legal process).Finding buyers for the property, assist the Bank in auctioning the same and recovering the banksRaising the bills to banks (from our Delhi office) and getting ourTo call the banker to know the status of each case and remove hurdle (if any) and move forward to push the cases towards finality.Thereby help in growing the business in the area allocated. Required Candidate profileMinimum 5-6 year of relevant experience.Must be having leadership qualities to handle team of 5-7 staff.Should have a vehicle to commuteExcellent communication in regional language.Should be willing to travel to different locations across state.IIBF Certified candidates are first preferable.Should have working experience in Email communication, MS Word/ MS Excel (basic working knowledge)Day to day case management of the High Risk & High-Value Commercial Portfolios. Working with individuals and third parties to manage stressed assets portfolios.Liaison with Banks, NBCs, and Financial Institutions for empanelment, allotment of Cases, Periodical reporting on resolution of allocated cases.Keeping track of portfolios by maintaining MIS on the basis of feedback from bankers, actual assessment of ground work, review of cases.Regular visits to the borrowers / Properties in all allocated accounts.Review and monitoring of applications filed with District Magistrate / Metropolitan Magistrate, police tie-up, to oversee arrangement for physical possession of mortgaged property, to participate in seizure operations in important / high value cases.Review of works of local staff / Associates, coordination with Back-end team of HO for documentation, reports, monitoring of security arrangements/ ensuring observance of SOPs by staff.To make efforts and to monitor efforts.

• Experience

  0 - 4 Years

• No. of Openings

  2

• Education

  B.A

• Role

  Debt Recovery Agent

• Industry Type

  Banking / Financial Services / Stock Broking

• Gender

  Male

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office