Location - Andhra Pradesh, Gujarat

Job Title/Grade: Regional Manager- Legal

Department: Legal

Grade: HHF-2A

Age group: 30- 35 yrs

Reporting To: National Head- Legal

Principal Accountabilities:

Strategic:

COLLATERAL MANAGEMENT:

- Monitoring the receipt of all the Original and Copy documents as stated in the LSR.

- Updating the receipt of all the Original and Copy documents as stated in the LSR in the File Forwarding System.

- Tracking and confirming the receipt of all the Legal OTC and PDD documents.

- Ensuring the completion of Registry process in SRO/Registry and collection of Registered Documents promptly for Purchase Cases.

- Tracking and collection of all the Title Documents and others in Balance Transfer cases.

- Receipt of all the Original Title Documents from Cluster Business Managers/Cluster Legal Managers and updation of the OTD in the File Forwarding System.

- Forwarding all the OTD documents to Corporate Office within T+2 days.

- Confirming that all the Title Documents are safely deposited with the RMC.

- Coordinate with RMC for collection of Original or Copy of the Title Documents and other documents and submit back the documents safely to RMC.

DELINQUENCY CONTROL:

- Reviewing the Non-Performing Accounts (NPA) in the Region periodically.

- Ensure Demand Notices, Legal Notices are sent to all the delinquent customers as per the Compliance Calendar.

- Ensure appropriate Legal Actions are initiated against the delinquent accounts/NPAs HLF - LOAN AGAINST PROPERTY

- Implementing effective Delinquency Control and Litigation Management, as stated above, for HLF-LAP.

- Initiating SARFAESI proceedings against the NPA customer of LAP Product (HLF) and timely follow.

- Providing Solutions/Suggestions for legal queries raised by various departments of LAP Product (HLF)

Tactical:

TITLE VERIFICATION:

- Review the Legal Report and Approve the LSR in system

- Monitoring the compliance of all the Legal Conditions as stated in the LSR.

- Ensuring all the title documents are mentioned in the - List of documents to be collected- as OTC and PDD in ERP correctly.

- Ensure the Vetting Reports are obtained for all the Original Title Documents.

LITIGATION MANAGEMENT:

- Filing complaints with Police, statutory authorities against the fraudulent customers and ensure prompt measure are taken against them.

- Based on the facts of the each and every case, suggesting best possible legal solution for the recovery of NPAs.

- Ensure cheque bounce cases and Arbitration Cases are initiated against all the 90+ cases and 120+ cases respectively and ensure the submission of all the documents/details thus ensuring Judgements/Awards are passed in the shortest period possible.

- Reply to Legal Notices either by self or through Legal Vendors/Advocates promptly and accurately

- Updating of amendments in existing law, new enactment, Judgements, circulars, notifications of Statutory Authorities impacting the business to the management.

- Timely submission of MIS on Litigation to the Management.

Supervisory:

VENDOR MANAGEMENT:

- Selection, Review, Verify and Appoint Legal Vendors for the Region.

- Train and update the existing/revised internal legal policy to Legal Vendors periodically as per the compliance calendar.

- Ensure that the LSRs are submitted within TAT without compromising the quality.

- Verifying and certifying all the Legal Vendor Bill for the Region and ensure timely clearance.

- Periodical audit on Random basis on LSRs.

MANPOWER MANAGEMENT:

- Recruit and on boarding of Cluster Legal Managers for all clusters in the region.

- Training Cluster Legal Managers about Company's Internal Policy/Guidance Notes and ensure complete compliance of the Internal Policy/Guidance Notes implemented effectively by Cluster Legal Managers.

Person Profile:

Educational Qualification: LLB - Law/ Post Graduate

Experience:

- Candidate should have done LLB degree from a reputed college, having 10-15 years- experience with at least 6-7 years with a reputed Banking & NBFC industry or a reputed Law Firm.

- Preference will be given to Banking & NBFC industry candidates.

Specific Skills:

- Post qualification hands on experience, preferably working with reputed Legal Firms thorough knowledge of Corporate laws and Banking & NBFC industry related Laws such as Land laws would be an added advantage.

- Expert in legal drafting & litigation.

- Excellent verbal & written communication skills (English).

- Good Team Player

- Work experience on buying/ selling distressed assets from another jurisdiction and in general and commercial disputes will be a bonus.

- Critical Skills required: Contract Negotiation, Due diligence. Litigation skills and experience with arbitration and mediation in local and national courts will be a plus.

- Possess a high level of maturity and tact to manage and collaborate with key stakeholder.

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