Legal Role - Collections Vertical - Bank

Job Role & descriptions :

The candidate will be responsible for using appropriate cost effective legal tools which will enable collections team to recover the dues from defaulting customer.

The job will involve in initiation of various legal actions depending on case to case basis and customer profile which will support collections team in early resolution of the delinquent case. It will involve in interaction/liaising with different departments, law firms, judicial and quasi-judicial departments as and when required as per the situation.

Key components of the job :

a) Initiating various legal action on delinquent customers as per process/policy

b) Tracking of cases which are eligible for filing and how many are filed

c) Tracking and monitoring cases which are filed

d) Empanelment of legal vendors as and when required

e) Attending court cases and other regulatory offices as and when required

f) To Attend the Court proceeding as a representative of the bank under POA.

g) To file the complaints / plaints and other necessary suits in all types of Courts civil or criminal of whatsoever nature.

h) To depose evidence in respect of the aforementioned cases filed in various courts from time to time.

i) To serve summons / BW / NBW to the respective police stations as directed by the courts on case to case basis.

j) To accompany bailiff in executing the order of the Courts or taking possession of the assets etc on case to case basis.

k) To co-ordinate with the advocates / agencies in respect of the matters allocated to them and to update its regular progress.

l) To publish timely reports /MIS, month on month basis with the development of cases filed and pending therewith in the Courts.

m) To report/inform details of any adverse orders passed against the Bank and or any cases filed against the Senior Management of the Bank

n) Maintaining billing details of lawyer