Job Description
The candidate must be from a Banking / NBFC / Lending background.
\xc2\xb7 The responsibility will include managing legal Litigation for Retail lending products:
\xc2\xb7 Ensuring SARFAESI legal action initiation in NPA accounts, compliance of SARFAESI process as per TAT
\xc2\xb7 Support to recovery team, guiding them or giving legal opinion in legal issues or processes, drafting of legal letters/notices
\xc2\xb7 Initiating legal action in cases where action cannot be taken under SARFAESI ACT
\xc2\xb7 Auction of current assets
\xc2\xb7 Supporting HO Legal in sharing branch inputs for arbitration, cheque bouncing proceedings and coordinating with lawyers for the execution of award/decree/orders
\xc2\xb7 Supporting in defending against cases filed against our legal action in courts & coordinating with enforcement agencies, marketing agents, publication houses and lawyers
\xc2\xb7 Resolution of high-value cases
\xc2\xb7 Team handling, supervision and HR policy compliance
\xc2\xb7 Maintaining legal MIS, updating compliance tracker and reply to audit queries
\xc2\xb7 Liaise with law firms, external counsel on preparation of court documents and hearings.
\xc2\xb7 Handling end to end of all CERSAI matters on CERSAI portal which involves uploading, ID generation, preparation of master file, removal from portal on loan closure
Desired Candidate Profile:
Good exposure in Legal Collections - in the local market with good networking skills and substantial knowledge toward mortgage and real estate industry.
Kotak Mahindra Bank
\xc2\xb7 The responsibility will include managing legal Litigation for Retail lending products:
\xc2\xb7 Ensuring SARFAESI legal action initiation in NPA accounts, compliance of SARFAESI process as per TAT
\xc2\xb7 Support to recovery team, guiding them or giving legal opinion in legal issues or processes, drafting of legal letters/notices
\xc2\xb7 Initiating legal action in cases where action cannot be taken under SARFAESI ACT
\xc2\xb7 Auction of current assets
\xc2\xb7 Supporting HO Legal in sharing branch inputs for arbitration, cheque bouncing proceedings and coordinating with lawyers for the execution of award/decree/orders
\xc2\xb7 Supporting in defending against cases filed against our legal action in courts & coordinating with enforcement agencies, marketing agents, publication houses and lawyers
\xc2\xb7 Resolution of high-value cases
\xc2\xb7 Team handling, supervision and HR policy compliance
\xc2\xb7 Maintaining legal MIS, updating compliance tracker and reply to audit queries
\xc2\xb7 Liaise with law firms, external counsel on preparation of court documents and hearings.
\xc2\xb7 Handling end to end of all CERSAI matters on CERSAI portal which involves uploading, ID generation, preparation of master file, removal from portal on loan closure
Desired Candidate Profile:
Good exposure in Legal Collections - in the local market with good networking skills and substantial knowledge toward mortgage and real estate industry.
Kotak Mahindra Bank
💡 Quick Summary
Seeking a career-building opportunity? The Legal Manager Hf Loan Against Property |lap| Recovery Branch position is now open for candidates interested in the Bank Jobs sector. This role in Chennai 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.
