Legal Collection Executive with FashionTV India (Mumbai)

Deadline Open Deadline

Location Mumbai, India

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

Fashion TV is the world’s largest fashion brand and a leading luxury fashion and lifestyle media house. Founded in 1997 by Mr. Michel Adam Lisowski in France, Fashion TV operates a widely distributed satellite channel with over 31 satellites and 2,000 cable systems, reaching more than 2 billion viewers across 193 countries. With a commitment to excellence in fashion and lifestyle broadcasting, Fashion TV continues to set the highest standards in the industry.

Details of the Job/Internship

FashionTV India is hiring a Legal Collection Executive with experience of 3 to 5 years to join their office in Mumbai.

Role and Responsibilities

Legal Collection Management:

Oversee the full lifecycle of legal collections for outstanding debts owed by retail outlets, ensuring timely recovery.
Manage legal correspondence, including drafting demand letters, notices, and settlement offers.
Coordinate with external legal counsel and collection agencies to pursue delinquent accounts through litigation or alternative legal avenues.

Account Monitoring & Analysis:

Monitor and track outstanding balances across retail outlets, identifying high-risk accounts.
Review and assess overdue accounts and make recommendations for further action.
Analyze payment trends and provide reports on collection status to senior management.
Legal Documentation & Filing:
Prepare legal documents necessary for collection efforts, including court filings, claims, and other relevant paperwork.
Ensure compliance with all legal regulations regarding debt collection, including consumer protection laws and retail-specific regulations.
Maintain accurate and organized records of all legal actions taken and resolutions achieved.

Negotiation & Settlement:

Negotiate settlements and payment plans with retail outlets while adhering to company policies and legal requirements.
Work with internal departments (e.g., finance, sales, operations) to resolve disputes or facilitate payment arrangements.
Compliance & Risk Mitigation:
Ensure all collection practices comply with legal and regulatory standards, including data protection and privacy laws.
Stay updated on industry best practices, legal trends, and any changes to debt recovery laws that may impact retail collections.
Recommend improvements to internal policies and procedures related to legal collection activities.

Customer Relationship Management:

Maintain a professional and constructive relationship with retail outlet contacts to facilitate amicable resolutions and maintain business partnerships.
Handle escalated matters with diplomacy, ensuring a balance between strong recovery efforts and preserving business relationships.
Reporting & Documentation:
Prepare regular reports on collection progress, legal cases, payment status, and any potential write-offs for senior management review.
Keep detailed records of all communications, negotiations, and outcomes related to the recovery process.

Eligibility

Education: Bachelor’s degree in Law, Business, Finance, or a related field. A law degree (LLB or equivalent) is preferred.
Experience: Minimum 3–5 years of experience in legal collections, focusing on retail debt recovery or similar sectors.
Skills:
Strong knowledge of debt collection laws and legal processes.
Excellent negotiation and communication skills, both written and verbal.
Proficient in Microsoft Office Suite and legal documentation software.
Ability to work independently and manage multiple cases simultaneously.
Detail-oriented with a strong sense of accountability and integrity.
Knowledge of retail business operations and challenges in debt recovery.