概要

•Initiate the memos for appointments of lawyers as well as memo for releasing the collateral/ possession of moveable/ immoveable assets after getting dealing lawyer’s opinion.
•Arrange the documents from the custodians that are required for filing the recovery suits against the borrowers which are under charge off category.
•Liaison with the police stations/ FIA on the matters where required.
•Meet with the borrowers in courts for encouraging them for settlement and maximizing bank’s recovery.
•To assist recovery managers/unit heads recovery and provide fully support to them in those matters that are pending adjudication in different courts/LEA’s.
•Manage the record of approvals as well as take initiatives for releasing professional fee of lawyers.
•Keep record of professional fee of lawyers as well as all expenses incurred in assigned cases.
•To initiate the asset tracing after consent with the line management where whereabouts/ Assets of the borrowers are not available with the bank.
•To appear before the court on evidence stage being POA holder of bank as well as visit court on daily basis to watch the proceedings.
•Arrange the opinions of lawyers upon the direction of authorities