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Stressed Asset Manager (3 Days Left)

Stressed Asset Manager (3 Days Left)

Vivriti CapitalIndia
8 hours ago
Job description

About Vivriti Group

Vivriti Group is a trailblazer in the mid-market lending space, offering customized debt solutions to mid-sized enterprises. The group operates through two core businesses :

1. Vivriti Capital Limited : A systematically important Non-Banking Financial Company (NBFC ND-SI) regulated by the Reserve Bank of India (RBI). Vivriti Capital has disbursed over USD 3 billion to 300+ enterprise borrowers and holds a CRISIL rating of A+.

2. Vivriti Asset Management : A fixed-income fund manager, managing multiple Alternative Investment Funds (AIFs). With over USD 550 million in commitments from 900+ institutional and private contributors, Vivriti AMC has invested more than USD 600 million across 90+ entities.

https : / / www.youtube.com / watch?v=5rGfHVlRX0A

Role Overview :

The Stressed Assets Manager will manage a portfolio of non-performing and stressed accounts and be responsible for strategizing, initiating, and executing recovery actions, including legal and out-of-court settlements. The role demands in-depth knowledge of recovery frameworks like IBC / NCLT, SARFAESI, and DRT.

Key Responsibilities :

Account Management & Resolution Strategy :

  • Handle resolution of stressed accounts through :
  • Discussion & closure with the borrower
  • IBC (Insolvency & Bankruptcy Code) and NCLT processes
  • One-Time Settlements (OTS) and direct negotiations
  • Enforcement actions under SARFAESI and DRT proceedings
  • Assess financial viability of borrowers and structure recovery plans accordingly.

Legal Proceedings & Documentation :

  • Collaborate with legal counsel to initiate and monitor recovery proceedings.
  • Draft and review legal notices, settlement documents, and affidavits for recovery cases.
  • Represent the organization in NCLT / DRT hearings and manage coordination with external lawyers.

    • Stakeholder Management :

  • Liaise with internal stakeholders (credit, legal, risk, finance) for a coordinated recovery approach.
  • Maintain strong relationships with external legal firms, insolvency professionals, resolution agents, etc.

    • MIS & Governance :

  • Maintain updated trackers and dashboards for all stressed cases and their progress.
  • Ensure compliance with RBI guidelines, internal governance, and audit standards.

    • Key Competencies :

  • Expertise in legal frameworks for recovery : IBC, NCLT, SARFAESI, DRT, Civil / Criminal Recovery
  • Strong negotiation and conflict resolution skills
  • High emotional intelligence to handle sensitive and high-stake situations
  • Proficient in drafting legal documentation and recovery notices
  • Analytical thinking and ability to manage multiple high-pressure accounts

    • Location : Chennai / Mumbai

    Experience Required : 5–10 years

    Educational Qualification :

  • Graduate in Law / Commerce / Finance (mandatory)
  • MBA (Finance) or LLB / LLM preferred or CA

    • Reports To : Head – Collections & Stressed Assets

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