Fullerton India - Senior Manager/AVP - Legal - Collections Vertical

Purpose:

To manage the recovery litigation under Arbitration and SARFAESI laws and to manage against litigation. To actively engage in identifying and filing suitable legal actions against the defaulting customers.

KPI:

- To initiate legal proceedings in all NPA accounts qualified under SARFAESI and suggest any other suitable litigation for faster recovery to take the cases at logical conclusion.

- To Identify and initiate appropriate legal actions in delinquent accounts against borrowers under Arbitration and Conciliation Act 1996 for recovery of dues.

- Filing Criminal Complaints in qualified cases and take them to logical conclusion.

- To be integral part of collections to accelerate the collection process.

- To defend the cases filed against the company including cases under consumer law, labour laws, criminal litigation in different forums, courts tribunals etc.

- Identifying and on boarding of effective lawyer panel to support the litigation management.

- Vendor management (Enforcement agencies/Law firms).

- Managing cost to ensure the cost budget is not breached.

- Establishing the litigation processes in the company and ensure compliance of established processes.

- Proactive legal strategy for all sticky accounts.

- Tracking of all legal cases so as to ensure no slippages.

- Adhere to process flow prescribed in the collection manual.

- Visitation of NPA accounts along with the collection team for faster recovery.

- To be instrumental in litigations like, Sec 138, Arbitration, SARFAESI, sec 9/17 & other litigation proceedings.

Expertise required/ Domain Knowledge: Litigation in SARFAESI, ARBITRATION, Sec 138 and against litigation

No. of years of relevant experience: 5 to 10 years. At least 3 years of experience in SARFAESI law.

Any specific specialization/education; LLB/BALLB