Job Purpose
Help build and run Dvara's new legal recovery practice, which supports partner lenders with legally assisted collections on hard-bucket and delinquent portfolios across multiple states. Handle recovery litigation and pre-litigation action, build and manage a network of local advocates, and support the group's broader legal function. Reports to the General Counsel.
Key Accountabilities and Deliverables
- Manage end-to-end legal recovery action on delinquent and hard-bucket accounts for partner lenders, from pre-litigation notices to filing, prosecution, settlement and execution
- Handle and supervise civil recovery suits, Lok Adalat and pre-litigation settlements, and arbitration proceedings and enforcement of awards
- Handle cheque dishonour proceedings under Section 138 of the NI Act and NACH/mandate dishonour proceedings under Section 25 of the PSS Act
- Draft, review and issue legal notices, replies, pleadings, applications and settlement documents
- Track hearings, orders and case status across forums, and keep case records and MIS accurate
- Appear before courts, tribunals, Lok Adalats and other forums where required, and coordinate with counsel on matters they handle
- Identify, empanel and onboard local advocates across target locations on a cost-efficient basis
- Allocate matters, monitor turnaround and quality, and review the work of empanelled advocates
- Coordinate documentation, invoicing and periodic reporting with the advocate network
- Travel to field locations across states, including semi-urban and remote areas, to support recovery efforts, working with local advocates, collections teams, lender representatives and, where appropriate, borrowers
- Work closely with partner lenders and internal collections, operations and business teams to identify accounts for legal action and agree on recovery strategy
- Support the group’s broader legal function, including contracts, group transactions and regulatory matters
Educational Qualifications:
- B.L. / LL.B. from a recognized university; enrolled with a State Bar Council
Experience:
- 3-6 years' post-qualification experience in litigation; experience in bank or NBFC recovery, debt recovery litigation or arbitration is preferred
Knowledge/Skills required:
- Working knowledge of the NI Act, the PSS Act, the Arbitration and Conciliation Act and the CPC
- Understanding of recovery procedures and financial services regulation
- Familiarity with SARFAESI and DRT proceedings (a plus)
- Strong drafting, negotiation and coordination skills
- Fluency in spoken and written Hindi (mandatory); other regional languages an added advantage
- Comfortable with MS Excel, case-tracking tools and digital workflows
Competencies required:
- Ownership and an enterprising, self-driven approach
- Ability to manage a high volume of matters across jurisdictions
- Willingness to travel frequently, mainly across Maharashtra, Odisha and Rajasthan
- High integrity and sound judgement in borrower-facing situations