Kotak Mahindra Bank Limited invites online application for the post of Recovery Executive in the Relationship Banking Group - Recovery Function.
Name of the Post: Recovery Executive
Location: Moradabad, Uttar Pradesh
Essential Qualification and Experience
- Graduate/Postgraduate in Commerce, Finance, Law, or related field.
- 2–5 years of experience in credit recovery, collections, or commercial banking operations.
- Experience in handling legal recovery cases is preferred.
- Strong knowledge of commercial banking products and credit processes.
- Understanding of legal recovery procedures and applicable banking laws (e.g., SARFAESI, IBC).
- Negotiation and persuasion skills to deal with defaulting clients.
- Analytical ability to assess repayment capacity and financial restructuring options.
- Good communication and interpersonal skills.
- Proficiency in MS Office and banking systems.
Roles & Responsibilities
- Track and manage overdue accounts and initiate recovery action for delinquent commercial banking customers.
- Liaise with relationship managers and legal teams to plan and execute recovery strategies for stressed assets.
- Conduct follow-ups with borrowers for repayment through calls, visits, and formal communication.
- Negotiate and structure repayment plans, settlements, or restructuring in line with bank policies.
- Initiate and monitor legal recovery proceedings (e.g., SARFAESI, DRT, civil suits) where necessary.
- Maintain detailed documentation and MIS related to recovery efforts, court proceedings, and repayment schedules.
- Monitor and report progress of recovery cases to senior management with recommendations for further action.
- Ensure compliance with all internal policies and external regulatory requirements related to loan recovery.
How to apply?
- To apply online, click here
To Access Official Notification, click here