ARD Team Member-ARD WHOLESALE-ARD Resolutions Division Job Vacancy in Kotak Mahindra Mumbai, Maharashtra – Latest Jobs in Mumbai, Maharashtra

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Full Details :
Company Name : Kotak Mahindra
Location : Mumbai, Maharashtra
Position : ARD Team Member-ARD WHOLESALE-ARD Resolutions Division

Job Description : POSITION : M3 level
Key Responsibilities:
NPA/Bad Debts Recovery /Resolution
Chalking out various possible strategies and action plan for recovery /resolution
Exploring the various legal alternatives available for achieving desired results
Drafting /vetting of legal documents and pleadings and assisting advocates to finalise and filing legal proceedings
Representing the bank in various courts including but not limited to DRTs, High Courts, NCLT, City Civil Courts etc.
Appearing on behalf of the Bank in the Chief Metropolitan Court, Metropolitan Court, etc.
Consistently and effectively coordinating and follow up with advocates on a day to day basis to obtain updates and ensuring filings/court compliances are done on time
Coordinating with various Statutory bodies/legal departments of Banks for achieving desired results
Handling all process compliances related to recovery /resolution
Maintaining MIS and records
Basic requirements:
LLB graduate (Preferably passed out from a Tier 1 or 2 law college)
Preferably 2-3 years experience in Bank/NBFC/ARC of NPA resolution
Interest in litigation and having basic knowledge of court procedures
Sound commercial knowledge
Good command over English. Additional knowledge of Marathi/Gujarati
Willing to travel
Updated in the banking and recovery laws

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