Role Profile
Role Title: State Legal Recovery Manager
Designation: State Legal Recovery Manager
Function: Legal
Administrative Reporting: National Legal recovery Manager
Functional Reporting: National Legal recovery Manager
Dec 2024
Job Purpose:
To ensure the recovery of dues from defaulting borrowers through legal means/ Minimize losses by taking timely and effective legal action against defaulting borrowers. Ensure compliance with regulatory requirements.
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ROLE SPECIFICATION
Role Title
State Legal Recovery Manager
Employee Interviewed
Sargunam K
Reports To
National Legal recovery Manager
Company
Muthoot FinCorp Limited
Function/Department
Secured & Unsecured Lending Business / Credit
Written By
Samyukt, Johnson & Parthasarathi
Approved By (Jobholder)
Approved By (Immediate Superior)
Date (Written On)
09th Dec’24
ROLE SUMMARY
Role will be responsible for developing and implementing effective legal recovery strategies. Empanelment of legal vendors and enforcement agencies .
ORGANIZATIONAL CHART
State Legal Recovery Manager
KEY RESPONSIBILITIES
Legal Recovery
Initiate and manage legal action against defaulting borrowers, including filing suits, executing decrees and warrants for recovering dues
Case & Litigation Management
Oversee the management of legal cases, including reviewing and analyzing case files, developing case strategies, and ensuring timely and effective case resolution. Manage litigation efforts, including working with external counsel, reviewing and responding to legal documents, and ensuring compliance with court procedures.
Recovery Operations
Oversee recovery, develop recovery strategies, and ensure effective recovery of dues through executing warrants.
Compliance
Ensure compliance with regulatory requirements