Achieve assigned recovery & & reversal budgets by timely and effectively complying process guidelines.
1. Maximize recovery from assigned NPA & written off portfolio through closures, settlement and disposal of collateral.
2. Ensure timely initiation and execution of legal tool such as
a) Warrants execution under Section -138/ Section -25,
b) Timely execution Sarfaesi, Resolution of Fraud transaction by filing FIRs, Attachment of collateral/other properties through Sarfaesi & Arbitration and attachment of bank accounts through Arbitration and other available tools.
3. Ensure support and facilitate disposal of properties in coordination with Disposal team.
4. Ensure trail/feedback should be manage in M collect and delinquency file.
5. Take adequate steps to ensure collection of receipts (digital modes) and deposition of customer’s payment in respective accounts within timeline.
6. Timely liquidation of possessed properties; building investors network and utilization of digital platform for smooth and profitable disposal transactions.
7. Facilitation in liquidation of possessed properties; Connecting with local brokers and facilitating property visits to prospective buyers. Comply with complete auction terms ; Documents , Bids and sale amount deposition.
Coordination with respective legal managers to attend courts for early release of orders Possession coordination and Enforcement of Sarfaesi in collaboration with legal team.
8. Collaborate with Collaborate with X bucket team members and other functions for obtaining support in resolving written off accounts.
9. Coordinate and Management of Vendors / In-house team members in terms of driving maximum resolution from assigned portfolio.
10. Coordinate with Central Debt team for smooth Vendor bills clearance.
11. Utilization of available Data analytics to formulate strategy on treatment of assigned portfolio.
Qualification - Graduate
Tata Capital Limited is a subsidiary of Tata Sons Limited. The Company is registered with the Reserve Bank of India as a Core Investment Company and offers through itself and its subsidiaries fund and fee-based financial services to its customers, under the Tata Capital brand.
As a trusted and customer-centric, one-stop financial services provider, Tata Capital caters to the diverse needs of retail, corporate and institutional customers, across various areas of business namely the Commercial Finance, Infrastructure Finance, Cleantech Finance, Wealth Management, Consumer Loans and distribution and marketing of Tata Cards. Tata Capital has over 500+ branches spanning all critical markets in India.
