- Develop and implement asset disposal strategies to maximize recovery realization and minimize holding costs.
- Drive liquidation of repossessed assets within defined turnaround timelines to improve recovery efficiency.
- Identify and develop multiple disposal channels including auctions, direct sales, digital marketplaces, brokers, dealers, and aggregators.
- Monitor market trends, asset demand, and pricing benchmarks to optimize realization values.
- Support achievement of recovery and revenue targets through effective asset monetization initiatives.
- Develop regional and portfolio-specific disposal strategies based on asset categories and market conditions.

- Ensure adherence to Bank policies, RBI guidelines, legal requirements, and internal governance standards relating to repossession and asset disposal.
- Manage end-to-end disposal processes including asset takeover, valuation, yard management, auction, sale, and settlement.
- Ensure accurate maintenance of repossession, valuation, auction, and disposal records.
- Monitor compliance with approved valuation methodologies, reserve price mechanisms, and asset sale processes.
- Establish controls and review mechanisms to improve disposal efficiency and governance.
- Ensure timely closure of audit observations and compliance-related issues.

- Develop and maintain a network of auctioneers, dealers, brokers, aggregators, and buyers to improve participation and realization values.
- Identify current channels and partnerships for disposal of repossessed vehicles, equipment, mortgage properties, and other secured assets.
- Drive initiatives to improve auction participation, bidding competitiveness,



and asset realization rates.
- Recommend innovative recovery and disposal solutions to maximize value realization.

- Monitor disposal volumes, realization percentages, inventory aging, auction success rates, and recovery outcomes against defined targets.
- Track asset inventory across yards, storage locations, and disposal channels.

- Analyze recovery trends, realization efficiency, and market benchmarks to identify opportunities for improvement.
- Ensure timely reporting of key business metrics and exception cases to management.

- Build and maintain strong relationships with repossession agencies, auction houses, yard operators, valuers, brokers, dealers, and recovery partners.
- Collaborate with Collections, Recoveries, Legal, Operations, Credit, Finance, and Compliance teams to drive timely disposal and recovery realization.
- Manage vendor performance and ensure adherence to service standards and contractual obligations.
- Engage with external stakeholders to improve disposal effectiveness and maximize recovery outcomes.
- Support negotiations with buyers and strategic partners to facilitate asset monetization.

- Coordinate with borrowers and guarantors, where required, to facilitate settlement and recovery opportunities prior to disposal.
- nts.
- Maintain transparency and fairness in disposal and auction processes.

- Lead and manage Repo Asset Disposal teams and support functions, where applicable.
- Drive performance, productivity, and capability enhancement of team members.
- Conduct regular reviews with internal teams and external vendors to improve operational effectiveness.

📌 Asset Disposal Manager - Bank (Pune)
🏢 V-Konnect
📍 Pune