Vice President Legal Recovery

• Lead the end-to-end legal recovery function for secured loan portfolios, primarily Home Loans, MBL, and LAP.

• Lead the end-to-end legal recovery function for secured loan portfolios, primarily Home Loans, MBL, and LAP.
• Develop and implement legal recovery strategies for delinquent, stressed, and Non-Performing Asset (NPA) accounts.
• Drive recovery through appropriate legal and enforcement mechanisms for secured assets.
• Manage the complete legal recovery lifecycle, including pre-litigation notices, demand notices, possession proceedings, litigation, execution, and closure.
• Drive timely NPA resolution through legal intervention, settlements, enforcement, and the sale of secured assets.
• Work closely with Collections and Credit teams to identify and prioritize high-value and legally recoverable accounts.

• Handle legal proceedings under applicable laws, including:
• SARFAESI Act
• DRT/DRAT proceedings
• Civil proceedings
• Arbitration
• Section 138 of the Negotiable Instruments (NI) Act
• Consumer-related matters

• Manage and monitor SARFAESI proceedings, including notice issuance, possession, assistance from authorities, and subsequent recovery actions.

• Manage and monitor SARFAESI proceedings, including notice issuance, possession, assistance from authorities, and subsequent recovery actions.
• Oversee DRT, DRAT, and other court proceedings relating to secured loan recovery.
• Handle possession, auction, enforcement, and execution-related matters.
• Review and oversee legal notices, summons, warrants, possession proceedings, execution petitions, and recovery documentation.
• Monitor litigation and enforcement cases to ensure timely progress and resolution.
• Handle customer disputes, consumer complaints, and litigation arising from recovery and enforcement activities.

• Manage law firms, panel advocates, legal vendors, and external recovery partners across India.

• Manage law firms, panel advocates, legal vendors, and external recovery partners across India.
• Review and vet legal documents, pleadings, notices, agreements, affidavits, and recovery-related documentation.
• Conduct regular performance reviews and legal audits of external law firms and recovery partners.
• Coordinate with courts, DRTs, DRATs, government authorities, police authorities, and other statutory bodies wherever required.
• Collaborate with Business, Collections, Credit, Risk, Compliance, and Operations teams on high-risk and chronic delinquency accounts.

• Drive NPA resolution and recovery targets through effective legal recovery strategies.

• Drive NPA resolution and recovery targets through effective legal recovery strategies.
• Prepare and monitor MIS reports and dashboards covering litigation status, recovery performance, ageing, case movement, possession status, and legal recovery outcomes.
• Conduct regular reviews with senior management and provide updates on legal recovery, NPA resolution, and litigation performance.
• Ensure compliance with RBI guidelines, regulatory requirements, internal policies, and applicable legal standards.
• Identify process gaps and implement SOPs, controls, and process improvements to enhance legal recovery efficiency.
• Ensure appropriate monitoring and governance of legal recovery activities across all regions.

• Lead, mentor, and develop the legal recovery team.

• Lead, mentor, and develop the legal recovery team.
• Establish performance metrics and ensure achievement of defined recovery and litigation KPIs.
• Drive accountability, operational efficiency, and consistent execution of legal recovery strategies across India.

• 15+ years of experience in Legal Recovery, Collections Legal, or Litigation.

• 15+ years of experience in Legal Recovery, Collections Legal, or Litigation.
• Prior experience with a Bank, NBFC, or Housing Finance Company is preferred.
• Strong experience in secured lending, particularly Home Loans, Mortgage Business Loans (MBL), and Loan Against Property (LAP).
• Extensive hands-on experience in NPA resolution, recovery litigation, and enforcement of secured assets.
• Strong understanding of the SARFAESI Act, DRT/DRAT proceedings, Section 138 of the NI Act, Civil and Criminal Laws, and Consumer Laws.
• Experience handling possession, auction, and enforcement-related matters.
• Proven experience managing large-scale litigation portfolios and external law firms/panel advocates.
• Experience managing Pan-India legal recovery operations.
• Demonstrated ability to lead and manage legal recovery teams.

• Legal Recovery

• Legal Recovery
• Litigation Management
• Secured Loans
• NPA Resolution
• SARFAESI Act
• DRT/DRAT Proceedings
• Legal Enforcement

• Enforcement Proceedings

• Enforcement Proceedings
• Secured Asset Recovery
• Possession and Auction
• Stakeholder Management
• Law Firm Management
• Regulatory Compliance
• Team Leadership

• LL.B. / LL.M. from a recognized university.

• LL.B. / LL.M. from a recognized university.

• Designation: Vice President – Legal Recovery
• Function: Legal & Collections / Recovery