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About:
Established in 1985, the Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank – Kotak Mahindra Bank Limited.
The consolidated balance sheet of Kotak Mahindra Group is over 1 lakh crore and the consolidated net worth of the Group stands at 13,943 crore (approx US$ 2.6 billion) as on September 30, 2012.
The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore.
Role:
Legal Resolution & Recovery Managers
Location:
NewDelhi, Coimbatore and Vijaywada
Experience:
2-5 years PQE can share
Responsibilities:
- To handle Recovery related cases pertaining to the location and surrounding region and to initiate legal action for all such cases.
- Should have ability to lead and coordinate with Advocates and Recovery Team
- Drafting and issuance of legal notices, counter replies, filing of plaints, applications,
- petitions before various Courts for recovering Bank’s dues
- Regular enactment upon various provisions of Civil, Criminal, DRT, SARFAESI, IBC, etc.
- Execution and Service of Different Types of Varrants and Liaison with Law Enforcement agencies like Police /Administration and Judiciary for representation of Bank
- Perusing formalities for taking Possession and to Auction it under the SARFAESI Act
- Attending COC Meeting, NCLT/NCLAT hearing
- To defend criminal complaints before Police station and all consumer cases if filed against the bank
- To follow up customers for early resolution of the accounts and achieve given collection targets
How to apply:
Interested candidates can send their resume on ritesh.shah@kotak.com
We have taken all measures to ensure that this opportunity, available in the corporate domain, is uploaded/provided/given on our social media platforms, including our website, and is credible, verified and sourced from authenticated/trustable sources.
