Department Collections Job posted on Aug 26, 2022 Employee Type Employee Experience range 5 years - 10 years
Follow the legal recovery strategy and assist the collections teams in maximizing the region's recovery.
Implement the approach and set a recovery objective for the actives.
Maintaining and updating the legal MIS on a regular basis.
Work with law enforcement and the courts to ensure that dues are paid in the region.
Ongoing use of legal mechanisms such as timely sec 138 notices, legal notices, Lok Adalat, and conciliation, among others.
Managing the region's lawsuit database successfully.
New legal tools and procedures are being implemented.
Initiate a project to reduce the region's legal costs.
All case files must be well documented.
Adherence to procedures and processes.
- Maintain positive relationships with the region's solicitors.- To account for the majority of non-performing assets (NPAs) and build bespoke solutions to maximise returns on investment.
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