Debt Recovery

  • icon job experience 0 - 5 Years
  • icon job opening 5 Openings
  • icon salary 1.8-3.5 Lac/Yr
  • icon job location Ludhiana
  • Face-to-Face interview Face-to-Face interview
Key Skills

Debt Recovery Debt Manager Recovery Agent Recovery Cases Accounts Recovery Solvent Recovery

Job Description

• Liaison with Banks, NBFCs, 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.

• Periodical Reporting and updating to Bank / Branch Authority about progress.

• Regular visits to the borrowers / Properties in all allocated accounts.

• Coordinate with Back Office Controller for necessary requirements

• Responsible for getting DM/CMM order application and making all the arrangements related to that.

• Arrange everything for Symbolic Possession and Physical Possession liaison with Police and Duty Magistrate/Court Commissioner.

• Assess the market value/status of the property mortgaged.

• Arrange the buyers for the sale of the property

• Training for the applicable law (SARFAESI Act), procedure, documentation, Standard Operating procedures (SOPs) and practical knowledge would be provided at the beginning of the job besides day to day instruction & guidance at each step.
  • Experience

    0 - 5 Years

  • No. of Openings

    5

  • Education

    Any Bachelor Degree

  • 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

About Renovo Assets Pvt. Ltd.

Renovo Assets is conceived to provide a comprehensive Asset Management solution over a broad spectrum of key industries. Taking cognizance of the ever increasing bad debt (NPA) management faced by a majority of businesses in various fields, Renovo Assets intends to provide a one stop solution in this area.
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