Senior Legal Collection Executive (Muzaffarpur location)

Company Description

Khushbu Auto Finance Limited (KAFL) is a leading Non-Banking Financial Company (NBFC), registered with the Reserve Bank of India since 1999 and currently operating as an Asset Finance Company. The organization is promoted by Atul Auto Limited, a public listed company, along with Dr.

Vijay

Kedia of Kedia Securities. KAFL holds an A+ rating with a Stable Outlook from CARE Ratings, reflecting strong financial health and sound business practices. The company focuses on providing reliable and compliant financial solutions, offering growth-oriented career opportunities in a professionally managed environment.

Role Description

This is a full-time, on-site role for a Senior Legal Collection Executive based in Muzaffarpur. The role involves managing and overseeing legal collections for retail finance accounts, ensuring timely recovery through appropriate legal processes and negotiations.

Responsibilities include coordinating with external legal counsel, preparing and reviewing legal notices and documentation, and maintaining accurate records of cases and collections.

The Senior Legal Collection

Executive will regularly follow up with customers on overdue accounts, conduct field visits when required, and recommend appropriate legal action in line with company policies and regulatory requirements. The role also includes reporting collection performance, supporting internal audits and compliance reviews, and collaborating with branch and regional teams to optimize recovery and minimize delinquency.

Qualifications

Strong knowledge of legal procedures related to collection, recovery, and asset finance, including drafting and reviewing legal notices and documentation.

Experience in collections, recovery operations, and customer negotiation within NBFCs, banks, or other financial services organizations.

Ability to maintain accurate case records, prepare reports, and use basic MS Office tools and collection management systems effectively.

Solid understanding of RBI guidelines, compliance requirements, and ethical collection practices.

Excellent communication and interpersonal skills, with the ability to conduct field visits and interact professionally with customers, legal counsel, and internal teams.

Proven ability to work independently, manage multiple cases, and meet recovery targets under time constraints.

Bachelors degree in Law, Commerce, Business Administration, or a related field; a law qualification or specialization in banking/finance law is an advantage.

Prior experience in legal collections or recovery for asset finance products (e.g., vehicle or equipment finance) will be highly beneficial. .