- Handle assigned NPA/distressed accounts from initiation to closure.
- Collect and maintain complete account information.
- Maintain account-wise files, trackers and transaction records.
- Coordinate with banks, NBFCs, ARCs and other lenders.
- Follow up regularly for pending documents and approvals.
2. NPA Acquisition
- Identify and evaluate NPA opportunities received from banks/NBFCs/ARCs.
- Collect:
- Outstanding amount
- Security/collateral details
- Valuation reports
- Loan documents
- NPA date
- Recovery status
- Litigation details
- DRT/NCLT/IBC status
- Prepare preliminary account summaries.
- Support the senior team in acquisition evaluation and transaction structuring.
3. Resolution & Recovery
- Track settlement/OTS discussions.
- Coordinate with promoters, borrowers and lenders.
- Monitor recovery and resolution milestones.
- Assist in restructuring, settlement, ARC transfer, investor funding and other resolution strategies.
- Maintain action plans for each account.
4. Legal & IBC Coordination
- Coordinate with advocates and legal teams regarding:
- DRT matters
- SARFAESI proceedings
- NCLT/CIRP
- Liquidation
- Recovery proceedings
- Other litigation
- Maintain case-wise status reports, hearing dates and orders.
- Collect and organize legal documents.
5. Due Diligence Support financial, legal, technical and commercial due diligence.