Zonal Manager – Bank Auction & Asset Recovery

At Auction Avenue Pvt Ltd, a leader in financial asset recovery and bank auction services, we are expanding our team in Mumbai, Maharashtra. We're looking for a dedicated Zonal Manager – Bank Auction & Asset Recovery to lead our regional operations. This full-time, on-site role offers a unique opportunity to drive impactful asset recovery initiatives while ensuring strict compliance with SARFAESI regulations. Join us to advance your career in a dynamic, growth-oriented environment that values leadership, strategic thinking, and client satisfaction. Key Responsibilities Manage all bank auction and asset recovery operations within the Mumbai zone, ensuring efficient and compliant processes. Conduct detailed field assessments of properties and assets to maximize recovery value in line with SARFAESI Act guidelines. Establish and nurture strong client relationships by providing expert advice and tailored asset recovery solutions. Lead and mentor a high-performing team, fostering collaboration and continuous professional development. Ensure full compliance with legal, regulatory, and ethical standards throughout all auction and recovery activities. Analyze market trends and asset valuations to inform strategic decisions and optimize recovery outcomes. Prepare comprehensive reports and documentation detailing recovery processes, results, and recommendations for senior management. Collaborate cross-functionally with legal, compliance, and finance departments to enhance operational effectiveness. What We're Looking For Required: Bachelor’s Degree in Finance, Business, or a related field. 3-5 years of proven experience in bank auction processes or asset recovery operations. Strong knowledge of SARFAESI regulations and compliance requirements. Excellent client relationship management and team leadership skills. Analytical mindset with keen attention to detail and problem-solving abilities. Preferred: Experience in financial services compliance and documentation. Familiarity with local Mumbai real estate market and asset valuation techniques. Demonstrated ability to work collaboratively across departments. Commitment to continuous learning and professional growth. What We Offer Competitive compensation aligned with industry standards in Mumbai. Health insurance coverage for you and your family. Paid time off to support work-life balance and personal well-being. Retirement plan options to secure your financial future. Professional development programs and career advancement opportunities. A collaborative and supportive work environment fostering innovation and teamwork. Frequently Asked Questions What are the main challenges in this role? Managing compliance with SARFAESI regulations while maximizing asset recovery value requires strong analytical and leadership skills. Is this position remote or on-site? This role is on-site in Mumbai, Maharashtra, to facilitate fieldwork and team management. What growth opportunities does this role offer? You will have clear pathways for career advancement within Auction Avenue’s expanding asset recovery division. What kind of team will I lead? A skilled team of professionals focused on bank auctions and asset recovery, with opportunities for mentorship and development. Are there opportunities for cross-department collaboration? Yes, you will work closely with legal, compliance, and finance teams to ensure smooth operations. What qualifications are essential? A bachelor’s degree in finance or business, 3-5 years of relevant experience, and familiarity with SARFAESI regulations are essential. Ready to take the next step in your career? Apply today to join Auction Avenue Pvt Ltd and make a significant impact in Mumbai’s financial asset recovery sector.