15 Oct
|
Mahindra Finance
|
Wayanad
15 Oct
Mahindra Finance
Wayanad
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Role Purpose: To manage legal recovery activities for vehicle loan accounts, coordinate with advocates and recovery agencies, ensure compliance with legal procedures, and support the recovery of overdue and written-off loan accounts.
Key Responsibilities
- Handle legal recovery cases related to vehicle loans (CV, Auto, Used Car, Tractor, etc.).
- Coordinate with panel advocates, courts, police authorities, and recovery agencies.
- Initiate and monitor legal actions against default borrowers.
- Prepare and maintain legal documentation, notices, petitions, and case records.
- Follow up on seizure, repossession, and auction processes as per company policy and legal guidelines.
- Track court cases and provide regular status updates to management.
- Verify legal documents related to loan agreements and recovery proceedings.
- Ensure compliance with RBI guidelines, company policies, and applicable laws.
- Support settlement negotiations and resolution of delinquent accounts.
- Maintain MIS reports and recovery dashboards.
Eligibility Criteria
- Qualification: LLB (Bachelor of Laws) preferred. Any Degree with relevant legal recovery experience may also be considered.
- Experience: 1-5 years in legal recovery, collections, NBFC, banking, or vehicle finance sector.
- Knowledge of SARFAESI Act, Arbitration Proceedings, Negotiable Instruments Act, and recovery laws is an advantage.
- Positive communication and negotiation skills.
- Proficiency in MS Office and reporting.
Role: Collection / Recovery Manager, Industry Type: NBFC (Micro Finance), Department: BFSI, Investments & Trading, Employment Type: Full Time, Permanent Role Category: Lending Education UG: LLB - Bachelor of Laws in Any Specialization Key Skills Skills highlighted with ‘‘ are preferred keyskills Recovery Matters Legal DocumentationLegal NoticesLegal ComplianceAgreementsLegal Drafting
📌 Legal Executive (Wayanad)
🏢 Mahindra Finance
📍 Wayanad