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29/06 Prachi Acharya
Consultant at Avimukta

Views:240 Applications:76 Rec. Actions:Recruiter Actions:6

Cluster Legal Manager - Inhouse - BFSI (2-5 yrs)

Guwahati/Ahmedabad/Patna/Thane/Hubli/Mysore/Madurai/Coimbatore Job Code: 1117752

Our client, a leading small finance bank is looking to hire a Cluster Legal Manager with 2-4 years of PQE for their Thane, Ahmedabad, Patna, Guwahati, Hubli, Mysore, Coimbatore, and Madurai locations.

Job Description:

1. Proactively engage in reduction of NPA, lessening litigation, and enhancing recovery.

2. Coordinate with the Credit Collections Team in managing collections and recovery through legal means.

3. Assist in invoking the provisions under SARFAESI Act in time, including taking possession (symbolic/physical), sale of secured assets and monitoring the cases across the Region.

4. Drafting Legal Notice/Recall Notice, Notice under Section 138 of Negotiable Instruments Act, Reply Notices/Rejoinders, Versions/Objections, etc.

5. Apprise the Regional Legal Manager about the progress in recovery through litigation and management of the litigation portfolio of the Bank

6. Drafting/vetting/review of all kinds of credit documentation for MSE and Housing, including security documents and all transaction documents for various kinds of fund based and non- fund based as well as secured and unsecured facilities.

7. Vetting of Title Scrutiny Reports (TSR) submitted by panel Advocates to confirm that the TSR satisfies the business requirements of the Bank.

8. Assist the business/Credit in registering Mortgages wherever necessary.

9. Managing legal issues pertaining to creation/registration of Mortgages, Hypothecation, Pledge etc.

10. Ensure prompt handling of cases by panel Advocates.

11. Liaise with Courts, Commercial Courts, Arbitration Tribunals, DRTs, Legal Services Authorities, panel Advocates, empaneled Recovery Agents, Consumer Fora etc. and ensure their good relationship with the Bank

Women-friendly workplace:

Maternity and Paternity Benefits

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