Vice President Legal Recovery
MumbaiFull-time15–27 yrs40 L–₹60 L a yearPosted 1 week ago
Leadership legal role at Weekday AI in Mumbai. Needs 15+ years and an LLB or LLM. Pays ₹40–60 LPA.
About the role
We are looking for an experienced Vice President – Legal Recovery to lead the Pan-India legal recovery function for a secured lending portfolio, primarily covering Home Loans, Mortgage Business Loans (MBL), and Loan Against Property (LAP). The role will be responsible for developing and executing legal recovery strategies, managing litigation and enforcement proceedings, driving NPA resolution, and facilitating the recovery of secured assets.
What you'll do
- Legal Recovery Strategy and Execution
- Lead the end-to-end legal recovery function for secured loan portfolios, primarily Home Loans, MBL, and LAP
- Develop and implement legal recovery strategies for delinquent, stressed, and Non-Performing Asset (NPA) accounts
- Drive recovery through appropriate legal and enforcement mechanisms for secured assets
- Manage the complete legal recovery lifecycle, including pre-litigation notices, demand notices, possession proceedings, litigation, execution, and closure
What you need
- Litigation
- Compliance
- Arbitration
- Credit risk
- Documentation
- MIS reporting
Good to have
- SOP writing