Law Officer - Recovery

Interact with branches / offices / panel advocates with regard to the files handled by them.
While posted in ARBs / Zonal Offices, these officers need to adopt the role of a Branch Head and undertake duties relating to asset recovery like meeting / interacting with borrowers, field / security visits, taking symbolic / physical possession of secured assets / support branches in these areas etc.
Achieving the set goals for NPA recovery.

Experience Range : 5 to 10 Years

Qualifications :
BA LLB
LLB

Follow up Monitoring of suit filed and decreed accounts.
Follow up monitoring of accounts pending before NCLTs.
Follow up monitoring of SARFAESI initiated cases.
Preparation and updation of MIS regarding suit posting in DRT.
Processing of Advocate Bills.
Processing various notes in connection with suit filed/decreed cases, SARFAESI, NCLT and put up for approval of higher authorities.
Timely submission of returns to regulators / committees of board.
Entrustment of cases to advocates, maintenance of court diary / processing and sanctioning of legal expenses.
Monitoring and follow up of cases filed against the bank challenging SARFAESI action / other recovery steps.
Meeting borrowers, advocates, visiting branches, securities etc while the officers are posted at ARB or Zonal Offices.
Taking symbolic / physical possesion of secured assets / provide all legal support to the branches / offices.