Experience in the following functional areas is highly desirable.
a. Legal & Framework Proficiency: Deep operational knowledge and practical experience dealing with the Insolvency and Bankruptcy Code (IBC), NCLT processes, SARFAESI Act, Debt Recovery Tribunals (DRT), and One-Time Settlements (OTS).
b. Restructuring & ARC Experience: Proven track record in structuring complex debt restructurings, sale of assets to Asset Reconstruction Companies (ARCs), and managing Joint Lenders' Forums (JLF) or Inter - Creditor Agreements (ICA).
c. Regulatory Compliance: Thorough understanding of central bank guidelines (e.g., RBI prudential frameworks) regarding asset classification, provisioning, and resolution of stressed assets.

Candidates superannuating in the next one year may also apply, subject to the willingness of the respective Bank permitting deputation, on offer of appointment.

Period of engagement: The appointment will be on a Contract basis for an initial period of 3 years, extendable for up to 3 years or till the age of 65 years, whichever is earlier.
Other information: The place of posting will be Mumbai. IBA will not be providing a Car facility. Considering that the role is of a specialised nature, the Chief Executive can approve deviations in the eligibility criterion depending on the availability/suitability of the candidates.