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26/05 Priti
Head - Financial Services at ABC Consultants

Views:671 Applications:132 Rec. Actions:Recruiter Actions:9

Vice President/Head - Legal - Bank - LLM (13-18 yrs)

Mumbai Job Code: 1101358

Vice President & Head Legal

Requirements & Qualifications :

- Masters degree in law

- Minimum 13 to 18 years of relevant work experience in a lending environment

Roles & Responsibilities :

- Head of the Central Legal Unit

The detailed role and responsibilities are highlighted here under :

- Involved in advising the Collection and Recovery teams

- Drafting and vetting of Agreements, Deeds, Settlements and consent terms

- Sanctioning of legal expense and professional fees of lawyers

- Monitoring of the litigation portfolio and maintaining good rate of recovery

- Liaison with Banking Regulatory Authorities like Office of Banking Ombudsman and Department of Banking Supervision, Reserve Bank of India.

- Identifying and suggesting process changes for effective legal recourse and recovery

Documentation :

- Providing opinion/inputs to the Credit Underwriting Team / Management on the acceptability of the documents or deficiencies/ risks in the documents

- Coordinating with various clients for collection of legal documents from them (Title documents, Plan approvals, Government approvals, SRA documents, Joint Development Agreements, Tenant Settlement Agreements, Lease Agreements, Search Reports etc.) required to be studied to get an understanding on the legality / sufficiency of approvals for the project (s) under consideration for lending opportunities.

- Drafting / Modification of various loan agreements / undertakings to secure various lending transactions

Women-friendly workplace:

Maternity and Paternity Benefits

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