JOB SUMMARY :

1. Manage all legal issues in all aspects of the Region with a view to mitigate and eliminate risks while enforcing adherence to all laws and regulations applicable to the concerned states.

2. To attend and advise Business Unit's queries/matters pertaining to the provisions of various state Acts including Shops and Establishment Act/Municipal Act/Stamp act/Minimum Wages Act and other banking related laws in day to day business transaction of the Bank.

3. To act as a facilitator in resolving legal issues pertaining to MSE and Housing verticals at Region while processing/sanctioning of Loan. Vetting of Title Scrutiny Reports submitted by panel Advocates to ensure that the business necessities of the Bank are accomplished without compromising the statutory requirements.

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

4. 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 facilities.

5. Initiation and pursuing measures under the provisions of SARFAESI Act.

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

7. Monitoring all cases filed against the Bank and cases filed by the Bank, including cases filed under section 138 of Negotiable Instruments Act and criminal cases.

8. Filing Appeals/Revision/Review, wherever required.

9. Proactively involve in reduction of NPA and enhancing recovery by suggesting and following up legal measures including conducting lok Adalat, initiating procedure under sarfaesi Act and filing suits.

10. Supporting Credit Collections Team in managing collections and recovery through legal means.

11. Vetting of Lease Deed/Leave and License agreements for Branches and ATMs and assist in execution of the same. Support in renewal of lease deed pertaining to premises/ATMs.

12. Replying to complaints received from stakeholders or notices received from authorities like Tahsildar, District Collector, Enforcement Authorities, Police Dept. etc.

13. Advising on settlement of death claims.

14. Attending/resolving issues pertaining to Banking Ombudsman.

15. Monitoring performance of panel Advocates and act as a facilitator between business verticals and panel Advocates.

16. Attend to labour related matters and assist HR in conducting disciplinary proceeding.

17. Support the HR Department in all Disciplinary Proceedings, including in drafting of Show Cause Notices, Charge Sheets, Termination Orders etc.

18. Appraising Head of Legal/Head Office Legal Department in time bound manner, the changes and developments in local laws affecting functioning of Banks and which will have impact on business.

PRIMARY RESPONSIBILITIES :

Business :

- Develop a framework for legal risk identification and assessment across various business activities of the Region in consultation with Regional Risk, Audit and compliance team.

- Rectification of Audit observations/queries in line with existing laws/guidelines.

- Assist various business teams of the Region while rolling out their products in adhering to

various state laws and assist Product & Marketing team.

- Ensure provision of legal advice in framing/ review of contracts and agreements relating to the business operations (especially for Admn & Operations Dept.) to protect the bank against any legal exposure and minimize liability.

- Keep a watch on the changes in states laws/Regulations especially relating state stamp act and assess the impact on the Bank and advise the business team accordingly.

- Interact with Microfinance team and liability team in resolving issues impacting business development.

Customer :

- Assist the Service Quality cell of the Region in resolving customer complaints.

- Attend courts/Tribunals and other Forums for ensuring speedy disposal of cases filed by various customers against the Bank and or cases filed by the Bank. Prepare/vet plaint/Written statements and other replies/objections on behalf of the Bank

- Identify Advocates as per Bank's policy and recommend them for empanelment to support various business functions such as MSE/Housing/Vigilance etc and Assist Vigilance Dept. in lodging FIRs/complaints before various Authorities and giving legal support in fraud related matters and instances of staff assault.

Internal process :

- Assist Branches in resolving legal issues associated with customer on- boarding and loan processing. Adhere to timelines in reviewing and vetting all official communications & documentations such as contracts, agreements and settlements.

- Monitor the timelines of submission of reports/statements to Head Office, Government Authorities etc. in a timely manner.

- Manage database/MIS of all the ongoing proceedings across functions and regions; follow up with concerned business/regional heads for closure; provide advice in course corrections; escalate when required.

- Conduct Legal Audit of Advance accounts as per the guidelines formulates according to the directed of the Board/RBI

- Review and advise management on legal implications of internal policies and procedures. 

- Conduct training/modules for business teams for Loan Documentation/Recovery process and other changes in local/state laws.

- Ensure goal-setting, midyear -review and annual appraisal process happens within specified timelines for self.

- Keeping a track on the latest laws and banking related Acts and proactively advise the management and business about such amendments and its implication on business and to suggest changes in process/procedure in line with the amendments through circulars/guidelines.

- Actively coordinate with respective stake holders in case of any big misses/lapses.

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