Job Description
The candidate must be from a Banking / NBFC / Lending background.
• The responsibility will include managing legal Litigation for Retail lending products :
• Ensuring SARFAESI legal action initiation in NPA accounts, compliance of SARFAESI process as per TAT
• Support to recovery team, guiding them or giving legal opinion in legal issues or processes, drafting of legal letters / notices
• Initiating legal action in cases where action cannot be taken under SARFAESI ACT
• Auction of current assets
• Supporting HO Legal in sharing branch inputs for arbitration, cheque bouncing proceedings and coordinating with lawyers for the execution of award / decree / orders
• Supporting in defending against cases filed against our legal action in courts & coordinating with enforcement agencies, marketing agents, publication houses and lawyers
• Resolution of high-value cases
• Team handling, supervision and HR policy compliance
• Maintaining legal MIS, updating compliance tracker and reply to audit queries
• Liaise with law firms, external counsel on preparation of court documents and hearings.
• 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
• The responsibility will include managing legal Litigation for Retail lending products :
• Ensuring SARFAESI legal action initiation in NPA accounts, compliance of SARFAESI process as per TAT
• Support to recovery team, guiding them or giving legal opinion in legal issues or processes, drafting of legal letters / notices
• Initiating legal action in cases where action cannot be taken under SARFAESI ACT
• Auction of current assets
• Supporting HO Legal in sharing branch inputs for arbitration, cheque bouncing proceedings and coordinating with lawyers for the execution of award / decree / orders
• Supporting in defending against cases filed against our legal action in courts & coordinating with enforcement agencies, marketing agents, publication houses and lawyers
• Resolution of high-value cases
• Team handling, supervision and HR policy compliance
• Maintaining legal MIS, updating compliance tracker and reply to audit queries
• Liaise with law firms, external counsel on preparation of court documents and hearings.
• 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
💡 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 Jaipur 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.
