11 Aug
|
Pennydrop Technologies
|
New Delhi
11 Aug
Pennydrop Technologies
New Delhi
Job Summary
We are looking for an experienced Legal Recovery Manager to oversee legal recovery processes for delinquent loan accounts. The ideal candidate should have a solid background in NBFC legal recovery, debt resolution, and legal coordination. The role requires managing recovery through legal channels while ensuring compliance with applicable laws and company policies.
Key Responsibilities
Manage legal recovery cases for overdue and default loan accounts.
Coordinate with external advocates, law firms, and recovery agencies.
Draft, review, and issue legal notices to defaulting borrowers.
Monitor court cases and legal proceedings related to loan recovery.
Ensure timely filing and follow-up of legal cases.
Develop legal recovery strategies to maximize recoveries.
Maintain recovery MIS and provide regular reports to management.
Liaise with internal departments such as Collections, Credit, Risk, and Compliance.
Ensure adherence to RBI guidelines, company policies, and applicable legal regulations.
Handle escalated recovery matters and negotiate settlements where appropriate.
Eligibility
Bachelor's Degree in Law (LLB) is preferred. Graduates with relevant legal recovery experience may also be considered.
Minimum 3 To 5 years of experience in Legal Recovery within an NBFC, Banking, or Financial Services.
Experience in handling legal recovery for unsecured loans, personal loans, payday loans, or digital lending will be an added advantage.
Knowledge of recovery laws, legal documentation, and court procedures.
Solid negotiation, communication, and stakeholder management skills.
Required Skills
Legal Recovery
Debt Recovery
Legal Notice Drafting
Court Case Coordination
Recovery Strategy
MIS Reporting
Negotiation
Compliance
Team Coordination
MS Excel
Employment Type Full time
Salary
Best in the Industry
Immediate Joiners
Preferred
📌 Legal Manager New Delhi
🏢 Pennydrop Technologies
📍 New Delhi