Job Description
Skill Ventory
Credit Manager with Leading Bank
Skill Ventory • Mumbai, Maharashtra • via BeBee
15 hours ago
Full–time
No Degree Mentioned
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Job description
Roles and Responsibilities
• Develop innovative ideas for cost savings and process enhancements.
• Lead projects focused on optimizing costs and improving processes.
• Conduct thorough testing and collaborate with the IT/BSG team to ensure project completion.
• Perform quality checks on underwriting and DIP team work.
• Monitor TAT for CRM SR closure.
• Maintain accurate MIS reports and prepare re...
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Yes Bank Limited
15h Left: Legal Counsel- Stressed Asset Management
Yes Bank Limited • Mumbai, Maharashtra • via Jobs Trabajo.org
20 hours ago
Full–time
Apply on Jobs Trabajo.org
Job description
Job Description
Job Description Litigation
Role:
- Handle Litigation of cases filed by and against the Bank.
- Provide legal support for resolution of stressed assets.
Specifications:
- Minimum LLB degree, LLM will be an added advantage.
- Work Experience of 5-12 years in Pvt/ PSU Banks/Law Firms.
- Should have experience of handling legal assignments of Banking and Finance Sector.
- Ideal candidate working in a law firm or reputed bank.
Objective:
- To provide legal advice in connection with all litigations, both filed by or against the Bank, at various forums including but not limited to DRT, DRAT, Civil/Criminal Court, High Court, Supreme Court, and Consumer Courts.
- To provide assistance in recovery of financial assistance granted by the Bank to various borrowers.
Responsibilities:
- Handling litigation, both filed by or against the Bank, at various forums including but not limited to DRT, DRAT, Civil/Criminal Court, High Court, Supreme Court, Consumer Fora.
- Preparing strategy for recovery/restructuring of stressed loans.
- Management of stressed loan assets with average ticket size of minimum Rs.50 Crore and above.
- Drafting and vetting of plaints, written statements, affidavits, interim applications, petitions in respect of cases filed by and against the Bank.
- Ensuring timely reply to all Legal notices and Show Cause notices received from various regulatory/statutory authorities.
- Drafting and issuing various legal notices and replies thereto including notices under SARFAESI Act, loan recall, pledge/guarantee invocation, willful/chronic defaulter, threat notices etc.
- Preparing/updating litigation manual/SARFAESI manual related processes etc. of the Bank.
- Coordinating with external lawyers for filing and preparation of plaints, complaints, written statements, affidavits, etc.
- Drafting and review of loan, security, and related transaction documents pertaining to stressed loans.
- Undertake research and study of legal problems arising in connection with the restructuring transaction, advice on the restructuring and regulatory implications of the transaction.
- Liaising with regulatory/statutory authority, officers of banks/FIs.
💡 Quick Summary
Seeking a career-building opportunity? The 15h Left: Legal Counsel- Stressed Asset Management position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
