RBL Bank - Regional Legal Manager

Job Description of Regional Legal Manager

1. Assisting to Zonal Heads to prepare :-

a. guidelines on properties w.r.t. location/state specific nuances; transaction specific nuances like POA, WILL, Relinquishment deeds, lease deeds, PTM (permission to mortgage from development authority like CIDCO, MHADA, AUDA, PUDA etc.)

b. fixing parameters for investigation of title and risk associated with properties taken as security in LAP, WCF and other retail secured loans

2. Vetting of legal reports pertaining to properties to be taken as collateral in retail loans

3. Advising on legal issues faces by retail asset team (business, operations and risk) on real time

4. Advising on issues related to stamp duties; registration of documents etc. in retail assets

5. Roll out best market practices followed in the market on retail assets space from time to time

6. Setting guidelines for empanelment of vendors etc. and ensuring quality report, measuring TAT and maintaining TAT for each of the legal vendors for retail assets.

7. business volumes for retail asset after justification of CBA (Cost benefit Analysis)

8. Resolution of customer complaints/claims from third party regarding any legal dispute on collateral, loan agreements and other legal documents executed for lending retail loans. Also, drafting formats required by retail customer service team like NOC for additional construction, NOC for mutation/transfer of title from one borrower to another

9. Fraud cases :-

a. Helping FCU team to prepare a framework for detection of property frauds

b. Communicating various frauds in real estate markets to the retail asset team to increase the awareness on collateral related due-diligence required to prevent fraud

10. Support Litigation

a. Preparing standard notice formats

b. Setting process for recall of loans and filling of suits

Priyanka Amin
RBL Bank
HR