Financial Restructuring & Reconstruction (stressed Corporate Accounts)for Bank In Delhi-mumbai
- One March India
- 4 - 12 Years
- Mumbai
- 5 years ago
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Job Description
The Code- -NPA Financial Restructuring and ReconstructionLocation Mumbai and DELHI
Present Salary/CTC (Fixed+ Variables)
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To- [HIDDEN TEXT] - attn -NPA Financial Restructuring and Reconstruction
Financial Restructuring & Reconstruction profile for a bank in Mumbai and Delhi
Job TitleCorporate Account Recovery Manager
Reports ToHead Corporate Account Resolution
FunctionFinancial Restructuring & Reconstruction Group (FRRG)
LocationsMumbai /Delhi
Financial Restructuring
Resolution/Restructuring of Large Corporate Account.
Stressed Assets-Formulating & implementing various strategies to maximize recovery
Handle recovery from Non-Performing Accounts of Corporate Segment, including other stressed accounts, as may be assigned.
Coordinate with related business teams and develop and implement account specific recovery strategy for corporate NPAs.
Initiate and monitor the process of litigation, in tune with strategies developed.
Support and maintain close association with business for specific stressed accounts with chances of restructuring or strategic exit or dealing.
Attend DRT/HC and other important legal matters with Bank appointed advocates to have firsthand information of the ongoing process and thereby expedite resolution. Maintain relations with Advocates, DRT and other related departments, including other Banks in consortium or other lenders.
Maintain an up-to-date legal database, so as to ease monitoring of cases at CO.
Assist in developing a forecast for recovery and to ensure achievement of respective targets/KRA.
Attend Committee of Creditors/Consortium/Lenders meeting, if needed, jointly with business or individually.
Access and categorize accounts as Non-Cooperative Borrowers/Red Flag Accounts/Willful defaulters and handle related approval / reporting process.
Educational QualificationCA/MBA
Technical KnowledgeShould have experience in handling corporate loan accounts
Must have comprehensive credit knowledge, &
Should be conversant with respect to Non-Performing Assets (NPA)/Restructuring and other aspects of recoveries from stressed assets, etc.
Work Experience (in Yrs)Minimum 5 8 years of experience.
Employement Category:
Employement Type: Full timeIndustry: Banking
Functional Area: Banking
Role Category: Collections
Role/Responsibilies: Financial Restructuring & Reconstruction (stressed Corporate Accounts)for Bank In Delhi-mumbai
Contact Details:
Company: One March IndiaLocation(s): Mumbai
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Keyskills: distressed deb non performing loans Financial Restructuring Group Stressed Assets Resolution Corporate Finance insolvency Bank Credi Financial resolutions ibcRecovery Of Loans
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One March India
• Academic Qualification – LLB/LLM • Work Experience – 5/10years -LLB/ LLM, from a recognized University Manager level
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