Area Legal Manager - Bad Debts

Role & responsibilities

• Handle legal recovery matters pertaining to NPA, bad debt, and written-off loan accounts.
• Initiate and monitor recovery proceedings under applicable laws including Arbitration, DRT, Civil, Criminal, and Insolvency proceedings wherever applicable.
• Coordinate with advocates, recovery agencies, and enforcement authorities for legal recovery actions.
• Ensure timely filing and follow-up of legal cases for recovery of outstanding dues.
• Manage end-to-end litigation related to bad debts and recovery matters.
• Review legal notices, pleadings, petitions, affidavits, and recovery-related documentation.
• Track court cases and ensure timely representation and compliance.
• Maintain MIS of legal cases, recovery actions, and litigation status.

Preferred candidate profile

Educational Qualification

• LL.B. from a recognized university.
• LL.M. preferred.

Experience

• 1-2 years of experience in legal recovery, collections litigation, debt recovery, banking, NBFC, or financial services sector.
• Strong exposure to SARFAESI, DRT, Arbitration, Negotiable Instruments Act, Civil Recovery, and Insolvency matters.

Knowledge & Skills

• Strong understanding of debt recovery laws and legal processes.
• Experience in handling external advocates and litigation management.
• Good drafting and legal documentation skills.
• Strong analytical, negotiation, and stakeholder management capabilities.
• Proficiency in MS Office and legal MIS reporting.