Assistant Manager - Legal Collections (821)

Requisition ID 821 - Posted  - Prime & Emerging - Collections - Collections - RH_Bangalore-Jayanagar

Function

Legal Collections

Objective

To support and execute legal recovery actions for delinquent and NPA accounts, ensuring timely initiation and follow-up of legal proceedings in coordination with external advocates and internal recovery teams, in line with applicable laws and company policy.

Key Responsibilities

• Initiate and monitor legal proceedings under SARFAESI Act, NI Act (138 cases), Arbitration, DRT, Civil Suits, and Criminal Complaints.
• Coordinate with recovery and business teams to identify cases requiring legal action.
• Draft and review legal notices, pleadings, and petitions in coordination with external counsel.
• Liaise with empaneled advocates, follow up on case status, and ensure timely filings and appearances.
• Track hearing dates, adjournments, interim orders, and final judgments.
• Maintain effective working relationships with law firms and court officials.
• Ensure complete documentation is available before initiating legal action (loan agreements, sanction letters, account statements, notices, etc.).
• Ensure adherence to legal and regulatory requirements in all legal recovery activities.
• Maintain accurate MIS and reports on legal cases, recovery progress, and legal expenses.
• Coordinate for enforcement of decrees or SARFAESI actions like possession, auction, and police assistance.
• Support field recovery teams in conducting joint recovery/legal efforts.
• Work closely with Recovery, Credit, Operations, and Legal departments to ensure legal actions are aligned with business priorities.
• Provide legal advice and updates to internal teams on ongoing cases and potential risks.

Qualifications, Experience and Skills

• LLB or equivalent law degree from a recognized university; additional qualifications (LLM, CS) are an advantage
• 2–4 years of experience in legal collections, litigation, or legal recovery in NBFC/HFC/banking sector
• Familiarity with SARFAESI, NI Act, CPC, DRT Act, and other relevant recovery laws
• Strong understanding of legal recovery frameworks
• Drafting and legal documentation expertise
• Ability to manage multiple legal cases across jurisdictions
• Good communication and coordination skills
• Detail-oriented with strong organizational skills
• Proficiency in MS Office and legal MIS tools

Personal Attributes

• High level of integrity, ethics, and professionalism.
• Strong organizational and time-management skills.
• Ability to work independently, cross functional and manage multiple tasks simultaneously.
• Detail-oriented with a focus on accuracy and quality of work.
• Proactive in identifying and addressing issues before they become larger problems.

Competencies

Result Orientation

Process Orientation

Customer Orientation

Leading and Developing People

Adaptability

Effective Communication & Ability to influence

Effective Team Work

Decision Making

Analytical Thinking