Area Manager - Legal Receivable

Equitas Small Finance Bank; Pune District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Equitas Small Finance Bank invites applications for an Area Manager - Legal Receivable in Pune, Maharashtra. The role focuses on leading recovery operations for legal portfolios and ensuring compliance with regulations while meeting targets.

The successful candidate will manage Legal Recovery Officers and coordinating with advocates, monitor litigation progress, and drive settlements to optimize recoveries across the affordable housing segment.

Qualifications

• Handle legal receivable portfolios involving overdue and default accounts.
• Develop and implement recovery strategies for chronic delinquent and write-off cases.
• Monitor legal notices, arbitration, litigation, SARFAESI proceedings, and execution activities.

Responsibilities

• Lead Legal Recovery Officers and field recovery teams.
• Set recovery targets and track team performance.
• Coordinate with advocates and recovery agencies, negotiate settlements.
• Prepare MIS reports and recovery dashboards for management review.
• Ensure compliance with laws and company policies in all recovery actions.

Skills

Customer Focus

Team Working

Strategic Orientation

Customer Orientation

General Awareness

Communication Skills

Education

LLB

Job description

Required Experience 1 - 9 years

Basic Section

No. Of Openings 1

External Title Area Manager - Legal Receivable

Employment Type Permanent

Employment Category Field

Organisational

Entity Equitas Small Finance Bank

Business Unit Assets

Division/Function (SBU) Affordable Housing

Department Housing Loan

Sub-Department Legal Receivables

Generic Role Area Legal Manager

External Title (Job Role) Area Manager - Legal Receivable

Division Affordable Housing

Zone West

State Maharashtra

Region Maharashtra

Area Pune

PT Location Maharashtra

Branch Code 9032

Branch Name KOTHRUD

Skills

Skill

Customer Focus Team Working Strategic orientation Customer orientation General Awareness Communication Skills Decision Making Skills

LLB

Working Language

Job Description

Legal Recovery Management

• Handle legal receivable portfolios involving overdue and default accounts.
• Develop and implement recovery strategies for chronic delinquent and write-off cases.
• Monitor legal notices, arbitration, litigation, SARFAESI proceedings, and execution activities.
• Ensure timely filing and follow-up of recovery cases through advocates and legal agencies.

Team Management

• Lead and supervise Legal Recovery Officers and field recovery teams.
• Set recovery targets and track team performance.
• Conduct regular reviews and provide guidance on complex recovery matters.

Advocate & Agency Coordination

• Manage relationships with panel advocates, recovery agencies, and legal service providers.
• Review recovery progress and ensure effective case handling.
• Negotiate settlements and recovery plans where appropriate.
• Analyze overdue and legal portfolio performance.
• Track recovery efficiency, legal case status, and aging buckets.
• Prepare MIS reports and recovery dashboards for management review.

Compliance & Risk Management

• Ensure all recovery actions comply with applicable laws and company policies.
• Maintain proper documentation and legal records.
• Identify and mitigate legal and operational risks in recovery processes.

Customer Resolution & Settlement

• Handle escalated customer cases and disputes.
• Facilitate settlements, restructurings, and one-time settlement (OTS) proposals.
• Balance customer satisfaction with recovery objectives.