Recovery Officer

Managing the day to day working of the recovery department / attending to routine duties etc

Experience Range : 2 to 5 Years

Qualifications :
Graduate (Any Specialisation)

NPA follow up with branches / offices and borrowers.
Attending to / replying to branch mails seeking advise / clarifications.
Processing and submitting Compromise / OTS proposals to the appropriate sanctioning authority / communicating sanctions / collect submit data relating to OTS by way of office notes periodically to various authorities.
Processing and submitting write of proposals to appropriate sanctioning authority.
Administrative functions with respect to Revenue Recovery proceedings for recovery.
Processing suit sanction proposals communicating approvals to branches.
Empanelment of Recovery Agent / annual renewal.
NPA - data processing / updation / attending to quarterly statutory audit work.
Reporting of default to Credit Information Companies.
Submission of data / replies to RBS - Risk Based Supervision.
Preparation of various office notes including wilfuld default / non-cooperative borrowers identification and submission of the notes to board / other committees / authorities.
Collection of various data / information regarding NPA borrowers from branches / offices for reporting / providing MIS to the management.