Legal Collections Manager

Job Summary

We are seeking an experienced Legal Collections Manager with a strong legal background and extensive expertise in collections, recovery, arbitration, and litigation management within the Banking and NBFC sector.

The ideal candidate should possess 15-20 years of experience in handling delinquent portfolios, legal recoveries, arbitration proceedings, and regulatory compliance, while driving effective resolution strategies to maximize recoveries.

Key Responsibilities:

• Lead legal collections and recovery operations across secured and unsecured portfolios.
• Develop recovery strategies to reduce NPAs and maximize recoveries.
• Manage end-to-end arbitration proceedings and recovery-related litigation.
• Draft and review legal notices, arbitration petitions, claims, and settlement agreements.
• Liaise with advocates, law firms, arbitrators, and recovery agencies.
• Ensure compliance with RBI regulations, SARFAESI Act, DRT proceedings, and other legal requirements.
• Provide legal advisory support on recovery and enforcement matters.
• Prepare recovery, litigation, and arbitration MIS reports for management.

Required Qualifications

• Bachelor of Laws (LLB) from a recognized university.
• LLM or certifications in Banking/Financial Laws preferred.
• Bar Council membership desirable.

Experience

• 15-20 years of experience in the Banking and NBFC sectors.
• Mandatory experience in Collections and Recovery Management.
• Strong experience in Arbitration and Litigation Management.
• Experience handling high-value delinquent portfolios and legal recoveries.

Required Skills & Competencies

• Collections and Recovery Management
• Arbitration and Dispute Resolution
• Knowledge of SARFAESI, DRT, Arbitration & Conciliation Act, and RBI Regulations
• Legal Drafting and Negotiation Skills
• Leadership, Stakeholder Management, and Analytical Abilities

Mandatory Requirements

• Law Graduate (LLB)
• 1520 years of experience in the Banking/NBFC domain.
• Hands-on experience in Collections and Recovery.
• Strong Arbitration and Litigation Management experience.
• Knowledge of Recovery Laws and Regulatory Framework.