Renovo Assets
Website:
renovoassets.com
Job details:
Company Description Renovo Assets provides comprehensive asset management solutions across multiple industries, with a strong focus on managing non-performing assets (NPAs) and bad debt challenges. The organization offers cost-effective, professional services that help businesses, banks, and financial institutions reduce NPAs and improve liquidity. By applying effective and efficient NPA management techniques, Renovo Assets supports growth opportunities and strengthens overall financial health. The company partners with financial institutions to convert freed liquidity into earning assets, enabling them to maintain their focus on economic development. Renovo Assets positions itself as a one-stop solution for organizations seeking specialized expertise in debt recovery and asset management.
Role Description The Debt Recovery Manager is a full-time, on-site role based in New Delhi. The individual in this role will oversee end-to-end debt recovery processes, including monitoring overdue accounts, prioritizing recovery actions, and implementing strategies to reduce NPAs. Daily responsibilities include engaging with borrowers, negotiating repayment plans, coordinating with legal and compliance teams where necessary, and maintaining accurate documentation and recovery reports. The Debt Recovery Manager will analyze portfolio performance, identify risk patterns, and recommend process improvements to enhance recovery efficiency. This role also involves collaborating with internal stakeholders and clients to ensure ethical, transparent, and regulation-compliant recovery practices.
Qualifications
- Strong skills in debt recovery, credit control, and NPA management, with a proven ability to handle complex portfolios and high-volume cases.
- Proficiency in financial analysis, risk assessment, and data interpretation to evaluate default patterns and recommend effective recovery strategies.
- Excellent communication, negotiation, and conflict resolution abilities to engage professionally with borrowers and stakeholders.
- Experience with documentation, reporting, and use of debt management or CRM systems for accurate tracking of recovery activities.
- Knowledge of relevant banking regulations, legal processes related to recovery, and compliance standards in the financial services sector.
- Bachelor’s degree in Finance, Business, Economics, Law, or a related field; advanced certifications in credit management or debt recovery are an advantage.
- Prior experience in banks, NBFCs, or asset management and recovery firms, particularly in NPA or distressed asset management.
- Ability to work on-site in New Delhi, manage multiple priorities, and maintain high ethical standards and confidentiality.
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