Organization:
IndusInd Bank is one of India’s leading private sector banks, established in 1994 and headquartered in Mumbai. The bank offers a comprehensive range of retail, corporate, and treasury banking services, including loans, credit cards, and investment banking solutions. With a strong nationwide presence, IndusInd Bank is known for innovation, customer-centric solutions, and responsible banking practices.
Location:
Madurai, Tamil Nadu (On-site)
Position Title:
Asset Recovery Executive
Eligibility Criteria:
- Bachelor’s degree in Law (LL.B.) — either a 5-year integrated course or a 3-year program from a reputed university.
- Strong communication and negotiation skills.
- Sound understanding of recovery procedures, litigation, and compliance preferred.
- Ability to coordinate effectively with advocates, clients, and internal departments.
Key Responsibilities:
- Achieve assigned collection targets across asset categories.
- Coordinate with advocates to handle all bank-filed cases and ensure timely inputs for effective representation.
- Conduct daily customer visits to build rapport, negotiate settlements, and recover dues.
- Prepare and forward settlement proposals to the SLC for review and necessary action.
- Share daily market updates and recovery progress with SLCs.
- Maintain accurate documentation of all recovery actions, communications, and visits.
- Keep track of relevant judgments and citations for ongoing matters.
- Respond to regulator/ombudsman and senior management complaints within prescribed timelines (TAT).
- Follow up on litigations and stock-related cases in courts and consumer forums for resolution.
- Manage allocation of cases and initiate advocate payments promptly.
Employment Type:
Full-time, On-site
Compensation:
As per company standards and experience.
Application Procedure:
Interested candidates may apply through the official application link: https://app1100.workline.hr/Candidate/SignInv1.aspx?PRFCode=e98ec34e-9c9c-4266-80f9-7d9a4a513aa4&Flag=C&DirectApply=1
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