Legal Manager - Recovery

Capitalnow; Hyderabad; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Comprehensive health insurance

Opportunities for professional growth

Inclusive work environment

Job summary

Capital Now, a trusted app-based digital lending platform in India, is seeking an experienced Legal Manager - Recovery. This role involves analyzing delinquent loan accounts, leading legal proceedings, and implementing strategies to enhance collection success rates.

The ideal candidate will have a Bachelor's degree in Law and 2-3 years of experience in legal recovery or debt collection. Join us for a dynamic work environment and opportunities for professional growth.

Qualifications

• Minimum 2-3 years of experience in legal recovery, debt collection, or a similar field.
• Strong understanding of debt collection laws and regulations.
• Excellent written and verbal communication skills.

Responsibilities

• Analyze and review delinquent loan accounts for legal action.
• Draft demand letters and legal notices to debtors.
• Negotiate repayment plans with debtors.
• Prepare and file legal documents for lawsuits.
• Attend court hearings and represent the company in legal matters.

Skills

Legal research

Negotiation

Debt collection law knowledge

Communication skills

Education

Bachelor's degree in Law (LLB)

Job description

Capital Now is India's trusted app-based digital lending platform catering to personal credit facilities. We leverage technology and big data analytics to deliver innovative credit products to salaried individuals. We are completely digitally driven, and the entire loan application process can be carried out online. We provide unsecured loans for up to Rs 1,50,000/- with easy and affordable installment options.

We are looking for an experienced Legal Manager - Recovery to analyze delinquent loan accounts, lead legal proceedings, and implement strategies to improve collection success rates within a fast-paced fintech environment.

Key Responsibilities:

• Analyze and review delinquent loan accounts to determine appropriate legal action.
• Draft and send demand letters and other legal notices to debtors.
• Negotiate repayment plans with debtors and their representatives.
• Prepare and file legal documents for lawsuits, repossessions, and other court proceedings.
• Attend court hearings and represent the company in legal matters.
• Conduct legal research and stay updated on relevant debt collection laws and regulations.
• Maintain detailed records of all case-related activities and communications.
• Liaise with internal departments, such as Collections and Operations.
• Identify and implement strategies to improve collection success rates.

Requirements

• Bachelor's degree in Law (LLB) or a related field preferred.
• Minimum 2-3 years of experience in legal recovery, debt collection, or a similar field within Banking, NBFC, or Fintech.
• Strong understanding of debt collection laws and regulations.
• Excellent written and verbal communication skills, with the ability to negotiate effectively.
• Thriving work culture.
• Training & Development.

Why Join Us

• CapitalNow is a growth company that looks for team members to grow with it. We offer a generous total rewards package, dynamic work environment, a diverse and inclusive culture, and an energizing atmosphere for professional development.
• No matter the location or the role, every CapitalNow employee shares one galvanizing mission: To democratize access to credit and make financial services simple, transparent, and accessible to every Indian.

What Can You Expect From Us

• Comprehensive health insurance for you and your family.
• Opportunities for professional growth and career advancement.
• A collaborative and inclusive work environment that values diversity.

Capital Now is committed to fostering a diverse and inclusive workplace. We encourage applicants of all backgrounds and identities to apply, and we strive to create an environment where everyone can thrive.