Consultant at Kairos Consulting
Views:2238 Applications:63 Rec. Actions:Recruiter Actions:5
AVP - Legal & Recovery - NBFC (8-12 yrs)
Company : Non Banking Financial Company
Role : Legal and Recovery
Function : Legal Head
Product / Sub Function : SME
Location : Delhi
Group : SME and Retail Assets
Purpose of Job:
- To handle end to end Legal, Compliance and Recovery aspects of SME & Retail Assets business
Responsibility:
Legal Documentation, Policy & Guideline - Formulation:
- Drafting of all legal documents, formats and agreements etc pertaining to SME & RA business. Getting all these legal documents, formats & agreements vetted by external legal firm. The documents, formats & agreements should ensure that the interest of MMFSL is always best protected. The documents & agreements should cover all legal risks and also ensure that all legal documents are in line with law of land.
- Formulation of legal procedure and policy manual and ensure that there is a standard implementation of the same across all branches and locations.
Legal Process (Compliance):
- Coordination with the Lawyers on legal matters related with Business, Collections & Recovery. Support & adopt national plan towards implementation of the aforesaid - Directives & Policies
- Convergence of management directives & policies with regard to litigation & related processes
- Maintaining relations with the Court officials, Police Machineries & other Govt. authorities
- Standardize processes towards - Filing, Drafts, Documents retrieval, their TAT, Quality with type of manpower & panel lawyers on board etc
Cost Management:
- Monitoring legal expenses, MIS entry to that affect shall be maintained & recorded by the Back team through proper system.
- Providing training and valuable inputs to employee about effective management of legal tool which will help to control cost.
Legal Guidelines (Recovery Unit):
- Provide guidance to recovery team about legal procedure for possession of Assets and recovery of monies using legal recourse
- Responsible for taking care of all appeal/revision/SC matters, cross appeal pending & to be filed within their domain locations
- In-charge of filing civil/criminal complaint against employees, customers, dealers, agencies, DSAs, DMAs etc in case of integrity issues with due consultation with Portfolio team
Knowledge & Skills Required:
- Should have excellent legal knowledge with respect to lending, mortgage, real estate, Securitization, charge creation etc
- Should have atleast 10 years of domain and relevant experience.
- Should have thorough understanding of the various statutes and regulatory frame work both on legal and compliance related matters.
- Should have In depth Knowledge about legal compliance guidelines.
- Hands on experience on legal efforts pertaining to recovery & criminal charges.
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.