Auction Manager

Job description

Role & responsibilities • Plan and execute property auctions under applicable recovery laws (SARFAESI, where applicable). • Coordinate with Legal, Collections, Developers, Operations, Valuers, and Auction Agencies for auction readiness. • Ensure timely publication of auction notices and completion of documentation. • Achieve recovery targets through successful sale of secured assets. • Monitor auction pipeline, bidder participation, realization value, and inventory aging. • Ensure compliance with regulatory, legal, and audit requirements. • Prepare MIS and management reports on auction performance and recovery outcomes. Preferred candidate profile • Graduate in Commerce, Finance, Business Administration, Law, or related field; MBA preferred. • 5-8 years of experience in Collections, Recovery, Auctions, or Asset Management. • Experience in Home Finance, Banking, NBFC, or Housing Finance industry preferred. • Good understanding of mortgage recovery processes, property valuation, and auction management.