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Legal Executive - Common Collections-RELATIONSHIP BANKING GROUP-Recovery Common Cost Allocation - CV,CE & SA

Kotak Mahindra Bank

2 - 5 years

Pune

Posted: 11/08/2025

Job Description

1. **Debt Recovery**:

   - Review and manage debt recovery cases from initial contact to final resolution.

   - Prepare demand letters, legal notices, and other related correspondence to initiate the recovery process.

   - Monitor and track payment agreements, ensuring compliance from debtors.

 

2. **Legal Documentation**:

   - Draft and file necessary legal documents, including pleadings, affidavits, and motions.

   - Ensure all documents are compliant with current laws and regulations.

   - Prepare briefs and supporting documents for court proceedings.

 

3. **Case Management**:

   - Maintain and organize case files related to recovery matters.

   - Assist in drafting recovery strategies based on case evaluations.

   - Update databases and case management systems with case progress and recovery efforts.

 

4. **Court Proceedings**:

   - Assist in the preparation for legal hearings and trials related to debt recovery.

   - Coordinate with external counsel when necessary and attend court hearings.

   - Provide recommendations on settlements, legal options, and enforcement of judgments.

 

5. **Client Interaction**:

   - Liaise with clients, debtors, and other stakeholders to negotiate and resolve recovery matters amicably where possible.

   - Provide updates to clients on case progress and potential outcomes.

 

6. **Compliance**:

   - Ensure all recovery activities are in compliance with local and national laws and regulations.

   - Stay updated on changes in recovery laws and procedures.

 

7. **Reporting**:

   - Prepare regular reports on the status of recovery efforts, case outcomes, and collection rates.

   - Analyze trends and suggest improvements to the recovery process.

 

**Key Skills**:

- Strong knowledge of debt recovery laws and legal procedures.

- Excellent negotiation and communication skills.

- High attention to detail in document preparation.

- Ability to work under pressure and meet deadlines.

- Strong organizational and time management skills.

- Proficiency in legal case management software.

 

About Company

Kotak Mahindra Bank is one of India's leading private sector banks, offering a wide range of financial services including personal banking, corporate banking, investment banking, insurance, and asset management. Established in 1985 and headquartered in Mumbai, it is known for its innovative banking solutions, customer-centric approach, and strong focus on digital transformation. The bank caters to diverse customer segments, from individuals to large corporations, emphasizing trust, transparency, and growth.

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