Recovery Executive at Kotak Mahindra Bank Limited: Apply Now!

Kotak Mahindra Bank Limited is inviting applications for the position of Recovery Executive in its Relationship Banking Group – Recovery Function at Moradabad, offering professionals the opportunity to manage recovery operations, legal proceedings, and stressed asset resolution.

About Kotak Mahindra Bank

Kotak Mahindra Bank is one of India’s leading private sector banks, offering a wide range of banking and financial services across retail, corporate, and commercial banking segments.

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About the Job

Kotak Mahindra Bank is hiring a Recovery Executive for its Relationship Banking Group – Recovery Function. The role involves managing delinquent accounts, coordinating recovery efforts, handling legal recovery proceedings, and ensuring compliance with banking regulations and internal policies.

Position

Recovery Executive

Eligibility

• Graduate or Postgraduate in:
  • Commerce
  • Finance
  • Law
  • Related Discipline
• Strong understanding of commercial banking products and credit processes.
• Knowledge of legal recovery procedures and banking laws.
• Good negotiation, communication, and interpersonal skills.
• Proficiency in MS Office and banking systems.

Experience

2–5 Years

Preferred Experience

• Credit recovery and collections.
• Commercial banking operations.
• Handling legal recovery matters.

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 Required

• Credit Recovery and Collections
• Negotiation and Persuasion
• Commercial Banking Operations
• Legal Recovery Management
• Documentation and MIS Reporting
• Stakeholder Coordination
• Analytical and Problem-Solving Skills

Legal and Regulatory Exposure

Candidates should have an understanding of:

• SARFAESI Act
• Insolvency and Bankruptcy Code
• Debt Recovery Procedures
• Commercial Banking Regulations

Location

Moradabad, Uttar Pradesh

Application Procedure

Click Here To Apply.

The Official Notification is here.