Job Title Legal Manager (Recovery & Resolution)

Department Legal Collections

 Recovery & Resolution is responsible for managing and executing

legal recovery actions for delinquent, non-performing asset (NPA),

and written-off loan accounts of the Housing Finance Company.

The role focuses on maximizing recovery through legal remedies,

enforcement actions, settlement negotiations, litigation

management, and coordination with internal stakeholders, external

advocates, recovery agencies, and regulatory authorities.

 The incumbent shall ensure compliance with applicable laws

including SARFAESI Act, DRT proceedings, Insolvency laws,

Civil and Criminal remedies, and RBI/NHB regulatory guidelines

while driving effective recovery strategies.

1. Key Responsibilities

 Recovery Management of NPA & Written-Off Accounts

 Handle recovery of defaulted housing loan, LAP (Loan Against

Property), and other secured loan accounts classified as NPAs or

written off.

 Formulate account-wise recovery strategies based on borrower

profile, security value, litigation status,



and recovery feasibility.

 Monitor overdue and delinquent accounts to initiate timely legal

action.

 Ensure recovery targets are achieved through legal interventions

and negotiated settlements.

 Conduct periodic review of high-value stressed accounts and

recommend appropriate legal recovery mechanisms.

2. SARFAESI Proceedings

 Initiate and manage proceedings under the SARFAESI Act.

 Draft, vet, and issue:

 Demand Notices under Section 13(2)

 Possession Notices under Section 13(4)

 Sale Notices and Auction Notices

 Coordinate and obtain symbolic and physical possession of secured

assets.

 Liaise with advocates/agencies for obtaining Sec. 14 orders for

possession from the District Magistrate/Chief Metropolitan

Magistrate.

 Supervise property auctions and ensure compliance with statutory

timelines and procedures.

 Resolve objections/representations submitted by borrowers

📌 Legal Manager (Pune)
🏢 Alliance Recruitment Agency
📍 Pune