NATIONAL LITIGATION MANAGER - UNSECURED

Muthoot Fincorp Ltd.; Tamil Nadu; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Muthoot FinCorp Limited in India seeks a National Litigation Manager to lead legal recovery operations and enforce recovery through Section 138 NI Act, arbitration, and EP.

You will oversee litigation, vendor management, and coordination with collections teams to maximize recoveries from NPA and overdue accounts across the country. The role requires strong leadership and governance in unsecured lending/ legal functions.

Qualifications

• Minimum Qualification: Law Graduate.
• 10-15 years of experience in legal recovery, litigation, or related field, focusing on LAP or mortgage finance.

Responsibilities

• Classify NPA accounts for legal recovery via Arbitration, Section 138 proceedings, Civil/Criminal actions, or Execution Petitions based on exposure and case profile.
• Develop and implement legal recovery strategies aligned with collection and resolution objectives.
• Drive faster legal closures and cost-effective recovery outcomes across portfolios.
• Manage Unsecured portfolio worth approximately ₹465-470 Crore and Arbitration/Section 25 portfolio worth approximately ₹195 Crore.
• Oversee litigation management with external counsel, reviewing case files and ensuring timely resolution.
• Coordinate with collections teams to maximize recovery from NPA and overdue accounts.

Skills

Legal knowledge

Arbitration

Civil & Criminal procedures

Section 138 NI Act

Stakeholder management

Leadership

Litigation management

Education

Law Graduate

10-15 years experience in legal recovery

Job description

Designation: National Litigation Manager

Administrative Reporting: National Collection Head

Functional Reporting: CBO

Job Purpose:

To ensure the recovery of dues from defaulting borrowers through legal means/ Minimize losses by taking timely and effective legal action against defaulting borrowers. Ensure compliance with regulatory requirements.

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ROLE SPECIFICATION

Role Title

National Litigation Manager

Employee Interviewed

Reports To

National Litigation Manager

Company

Muthoot FinCorp Limited

Function/Department

Unsecured Lending Business / Legal

Samyukt

Approved By (Immediate Superior)

ROLE SUMMARY

The National Litigation Manager will lead legal recovery operations across India and drive end-to-end recovery actions under Section 138 of the Negotiable Instruments Act, Arbitration proceedings, and Execution Petitions (EP) for decree enforcement. The role requires strong litigation oversight, legal vendor management, and close coordination with collections teams to maximize recovery from NPA and overdue accounts.

Role will be responsible for developing and implementing effective legal recovery strategies. Empanelment of legal vendors and enforcement agencies.

ORGANIZATIONAL CHART

KEY RESPONSIBILITIES

Legal Recovery & Enforcement Strategy

• Classify NPA accounts for legal recovery through Arbitration, Section 138 proceedings, Civil/Criminal actions, or Execution Petitions based on exposure and case profile.
• Develop and implement legal recovery strategies aligned with collection and resolution objectives.
• Drive faster legal closures and cost-effective recovery outcomes across portfolios.
• Manage and monitor Unsecured portfolio worth approximately ?465-470 Crore and Arbitration/Section 25 portfolio worth approximately ?195 Crore.

Team Management

Managing the Zonal & State legal recovery Managers. Providing guidance, training, and development opportunities to ensure effective legal recovery operations.

Case & Litigation Management

Oversee the management of legal cases, including reviewing and analysing case files, developing case strategies, and ensuring timely and effective case resolution. Manage litigation efforts, including working with external counsel, reviewing and responding to legal documents, and ensuring compliance with court procedures.

Manage litigation matters across:

• Criminal Courts
• Fraud-related cases
• Arbitration proceedings
• Execution Petitions (Post-Award Enforcement)

Oversee arbitration filings, interim applications, awards, and subsequent enforcement actions.

Monitor case milestones, interim orders, legal risks, and closure timelines.

Ensure effective representation through legal counsel across forums.

Recovery Operations

Oversee recovery, develop recovery strategies, and ensure effective recovery of dues through executing warrants.

Compliance & Governance

Ensure compliance with regulatory requirements

• Negotiable Instruments Act
• RBI and NHB guidelines

Handle audit observations, regulatory reviews, and legal compliance requirements.

Maintain legal governance and portfolio hygiene across all regions.

SARFAESI Management

• Coordinate with Authorized Officers, field teams, valuers, and empanelled advocates for effective execution.
• Ensure compliance and timely progress of all SARFAESI actions.
• Empanel, monitor, and evaluate advocates, legal firms, and recovery agencies across India.
• Establish performance benchmarks and compliance standards.
• Standardize legal notices, recovery documentation, and litigation processes.
• Ensure adherence to agreed service-level standards and recovery objectives.

MIS & Reporting

• Prepare and maintain comprehensive MIS covering:
  • Section 138 cases
  • Arbitration matters
  • Execution Petitions
  • Legal expenses and recovery performance
• Present periodic dashboards and recovery updates to senior management.
• Identify bottlenecks and recommend corrective action plans.

KEY CHALLENGES

Technology support for Case Management

KEY DECISIONS TAKEN

NA

KEY INTERACTIONS

Internal Stakeholders

External Stakeholders

KEY ROLE DIMENSIONS

Geographical Coverage-PAN INDIA

No of Direct Reportees- 6-10

Total Team Size - 10

The incumbent will be responsible for managing a high-value legal recovery portfolio, including:

• Unsecured loans worth approximately ?465-470 Crore

Arbitration and Section 25 accounts worth approximately ?195 Crore

KEY SKILLS & BEHAVIOURAL ATTRIBUTES

• Legal Knowledge in Arbitration, Civil and Criminal case updation and Sec.138 of NI Act, Sec.25 of Payment and Settlement Acts with latest updates.
• Having court practice knowledge
• Strong expertise in:
  • Section 138 of NI Act
  • Arbitration & Conciliation Act
  • Section 25 Proceedings
  • Execution Petitions
  • DRT, Civil & Criminal Court Procedures
• Sound understanding of unsecured lending, and NPA recovery.
• Strong litigation management and legal recovery capabilities.
• Proven experience in handling high-value recovery portfolios.
• Excellent stakeholder management and leadership skills.
• Strong network management capabilities across advocates, legal firms, and recovery agencies.
• Proactive approach to litigation tracking, resolution, and recovery enhancement.

EDUCATION / EXPERIENCE

Minimum Qualification: Law Graduate

Nature of Experience: 10-15 of experience in legal recovery, litigation, or a related field, with a focus on LAP or mortgage finance.