Job Description

Responsibilities:

Key Responsibilities:

Loss Recovery & Settlements:

Handle recovery of written-off, terminated, and loss cases. Negotiate one-time settlements (OTS) with customers, guarantors, or third parties. Recover dues from post-asset-sale shortfalls and unsecured balances.

Repossession & Asset Disposal:

Coordinate with repossession vendors and field collection teams for asset seizure. Assist in physical possession of vehicles, ensuring all procedures are legally compliant. Follow up on auction, valuation, and disposal of repossessed assets.

Legal & Enforcement Coordination:

Work closely with the legal team for filing Sec.138, Sec 420, arbitration, or legal notices. Attend Lok Adalats, court hearings, or police station visits as required. Support post-litigation follow-ups to expedite recovery.

Skip Tracing & Field Work:

Locate skip customers through field tracing and local intelligence. Investigate customer background and asset availability for recovery action.

Documentation & Reporting:

Maintain proper documentation for settlements, repossessions, and recoveries. Update recovery systems and MIS reports regularly. Ensure accurate recording of recovered amounts and closure details.
Job Type: Full-time

Pay: From ?40,000.00 per month

Benefits:

Health insurance Leave encashment Life insurance Provident Fund
Schedule:

Day shift
Work Location: In person