Manager - DSMG - Motor Finance - Collections - Legal & Remedial - Karnal - Sco No. - 223 - (M1-M3)

Job Description

Key Responsibilities Legal & Compliance

• Ensure all collection activities comply with local laws, regulations, and internal policies.
• Monitor changes in debt recovery, consumer protection, and insolvency laws and advise management accordingly.
• Draft, review, and update legal notices, demand letters, settlement agreements, and recovery-related documentation.

Litigation & Recovery Management

• Manage and oversee legal recovery cases, including civil suits, arbitration, insolvency proceedings, and execution matters.
• Coordinate with external lawyers, law firms, and court representatives to ensure timely case progress.
• Review case strategies, pleadings, and court filings to maximize recovery and minimize legal risk.

Collections Strategy Support

• Work closely with collections, credit, and risk teams to design legally compliant recovery strategies.
• Provide legal guidance on difficult, high-value, or escalated collection cases.
• Approve write-offs, settlements, and restructuring proposals from a legal perspective.

Team & Stakeholder Management

• Lead and mentor junior legal officers or legal executives handling collection matters.
• Act as a key point of contact between internal teams, external counsel, regulators, and courts.
• Prepare legal MIS, recovery reports, and case status updates for senior management.

Risk Management

• Identify legal risks in collection practices and recommend corrective actions.
• Handle customer complaints, regulatory notices, and legal escalations related to collections.

Qualifications & Experience

• Bachelor's degree in Law (LLB) Master's degree preferred.
• Licensed to practice law in [country/region].
• 6-10+ years of experience in collections, debt recovery, banking, NBFC, or financial services legal roles.
• Strong experience in litigation management, insolvency laws, and enforcement proceedings.

Key Skills & Competencies

• Strong knowledge of debt recovery and financial laws
• Litigation and negotiation skills
• Stakeholder and vendor management
• Analytical and problem-solving abilities
• Excellent written and verbal communication
• Ability to work under pressure and manage multiple cases

Preferred Industry Experience

• Banking, Financial Services, NBFCs, FinTech, Telecom, or Utilities