Resolution Specialist Jobs in Delhi - Alchemist Asset Reconstruction Company
Resolution Specialist
Alchemist Asset Reconstruction Company
1 Years
20000 - 50000 Monthly
Certificate Course (ITI), Diploma, M Phil / Ph.D, B.Com, M.Com, MA, BBA/BBM, BCA, MBA/PGDM, BEd, BSc, MCA, MEd, MSc, PG Diploma, Vocational Training, BFA, BSW
Expired
Posted: 31 Aug 17
Job Description
- We are looking for a candidate with minimum 1 year of experience in resolution of Non-Performing Financial Assets or Corporate Distressed Debt acquired from Banks.
- This person would come from an Asset Reconstruction Company or stressed Asset Branch of an ARC or from the debt resolution agencies.
- Complete post acquisition formalities such as registration of assignment agreement, filing of modification of charge, CERSAI Registration, send intimation letters to borrower and file substitution application in any pending litigation.
- Formulate strategy for the resolution of asset i.e. determining whether to restructure the account or settle with the borrower or whether recoveries will come from sale of assets.
- Negotiate settlements and restructuring proposals with the borrower.
- Prepare resolution plan and presented it to the asset resolution committee.
- Coordinate legal proceedings and brief lawyers for arguments in the following forums; Debt Recovery Tribunal, Debt Recovery Appellate Tribunal, High Court and Supreme Court all around India.
- Conduct SARFAESI action/proceedings by sending demand notice and replying to any objections and thereafter applying to magistrate to take possession of properties.
- Publish sale notices and identify potential buyers for the properties.
Job Particulars
Role others
Education Certificate Course (ITI), Diploma, M Phil / Ph.D, B.Com, M.Com, MA, BBA/BBM, BCA, MBA/PGDM, BEd, BSc, MCA, MEd, MSc, PG Diploma, Vocational Training, BFA, BSW
Who can apply Experienced (1 Years)
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id337414
Job Category MBA , Diploma , BSc/BCA/BBM , Others
Locality Address
State Delhi
Country India
About Company
Alchemist Asset Reconstruction Company Limited (AARC) is engaged in acquisition of distressed financial assets from the banking system and unlocking the value from these assets by customized reconstruction and value enhancement of the underlying businesses / securities through an efficient resolution process. It is one of only 22 such companies in India, duly licensed by the RBI in 2007.
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