Vice President Legal Recovery

Added
2 hours ago
Type
Full time
Salary
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Related skills

litigation management legal recovery secured loans npa resolution sarfaesi act

๐Ÿ“‹ Description

  • Lead the end-to-end legal recovery function for secured loan portfolios (Home Loans, MBL, LAP)
  • Develop and implement legal recovery strategies for delinquent, stressed, and NPA accounts
  • Drive recovery through legal and enforcement mechanisms for secured assets
  • Manage the complete legal recovery lifecycle including pre-litigation notices, litigation
  • Drive timely NPA resolution and collaborate with Collections and Credit teams
  • Handle legal proceedings under SARFAESI Act, DRT/DRAT, civil proceedings, arbitration, Section 138

๐ŸŽฏ Requirements

  • 15+ years of experience in Legal Recovery, Collections Legal, or Litigation
  • Prior experience with a Bank, NBFC, or Housing Finance Company preferred
  • Strong experience in secured lending (Home Loans, MBL, LAP)
  • Hands-on experience in NPA resolution, recovery litigation, and enforcement
  • Strong understanding of SARFAESI Act, DRT/DRAT, Section 138 NI Act, Civil/Criminal/Consumer Laws
  • Experience handling possession, auction, and enforcement matters
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