Account Handling
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.
NPA Acquisition
Identify and evaluate NPA prospects 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.
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.
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.
Due Diligence
Support financial, legal, technical and commercial due diligence.