Senior Principal Consultant at Sokkai Services
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Chief Manager - Legal - Bank (6-17 yrs)
Leading bank in India is looking for Chief Manager Legal, (Lending-Corporate). Experience in the banking industry is mandatory.
- Advising client groups on documentation, security creation and enforcement.
- Formulating strategy along with client groups for timely measures to contain NPAs, adopting early resolution and monitoring measures
- Push completion of security creation and timely execution of transaction documents.
- Ensuring adherence by the team to agreed timelines for advice/ solution
- Perception of quality of control, facilitation and effectiveness of advice.
- Depending upon the proposal,guiding the team on advising/ devising legally effective/ cost efficient structures/ documents including advising Business Groups on proposals at the initial stages prior to formulating the term sheet.
- Guide on negotiations with counsel/external attorneys for better fee structures and ensuring that the external attorneys effectively and efficiently deliver for the organisation;
- Maintaining data base of opinions which can be relied upon for common issues rather than obtaining an opinion from external counsel on each repititive issue separately.
- Promoting a reduction of dependence on external Counsel and confining engagement of Counsel only for complicated transactions
- Reduce administrative costs + have control and monitoring measures in place to ensure adherence to the budgeted cost;
- Ensuring effective handling of transaction documents. Effective resolution of queries made by the business teams on amendments to laws and regulations. Appointment of counsels with proper instructions wherever required.
- Improvement in efficiency and quality of advice as also uniformity of opinion by synchornizing intra and inter-departmental efforts.
- Undertaking joint projects/efforts utilizing resources with domain expertise to drive identification and execution of process/policy change.
- Conducting Training sessions for team and client groups;
- Encourage the teams in preparing ready reckoners/manuals as a guide for new talent. Ensuring rigor of legal control exercised, while -facilitating business objectives without compromising compliance requirements;
- Improvements in process/ efficiency of the team without impacting quality of service or the required development of reportees.
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