Field Executive-RELATIONSHIP BANKING GROUP-RA-Risk Control Unit
Kotak Mahindra Bank — Mumbai, MUMBAI
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Job Description
Job Description (JD) for Recovery Executive in the Relationship Banking Group - Recovery Function
Job Title: Recovery Executive – Relationship Banking Group (RBG) Recovery Function
Department: Commercial Banking
Reporting To: Recovery Manager / Relationship Manager
Job Purpose:
To manage and execute recovery strategies for delinquent and non-performing assets within the Relationship Banking Group portfolio, ensuring timely resolution, minimizing losses, and maintaining regulatory compliance.
Key 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.
Key Skills & Competencies:
- 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.
Qualifications & 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.
Frequently Asked Questions
What are the eligibility criteria for the Field Executive-RELATIONSHIP BANKING GROUP-RA-Risk Control Unit job at Kotak Mahindra Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Field Executive-RELATIONSHIP BANKING GROUP-RA-Risk Control Unit at Kotak Mahindra Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Field Executive-RELATIONSHIP BANKING GROUP-RA-Risk Control Unit at Kotak Mahindra Bank.
Is prior experience required for this position?
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Field Executive-RELATIONSHIP BANKING GROUP-RA-Risk Control Unit role at Kotak Mahindra Bank?
You can apply directly using the Apply Now button on this page, which will take you to Kotak Mahindra Bank's application process for this role.
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