Job Description

Responsible for preparing note on cases proposing strategic legal actions and referring cases to advocates for various legal actions. Drafting S.138 Notices.
Responsible to work along with collections team to prepare strategies for time-bound and cost-effective legal actions ensuring the reduction in gross non performing assets and identify customer details for recovery actions and ensure proper legal actions are initiated Responsible to conduct research work on cases and share regular updates with teams on the latest developments in the legal field and emerging trends and also keep a close watch on all matters filed by or against the organization in the Regional High Courts/District or Session Courts Responsible for drafting, vetting and approving demand-cum-termination notices, statement of claim, reply and rejoinders, winding up petitions or any other Petition/Reply along with recommending SARFAESI actions wherever applicable Responsible for attending arbitration hearings and court proceedings wherever applicable and interacting with advocates and have regular meetings with them to provide requisite instructions and further plan of actions
Responsible to keep track of legal matters and circulate within the department for updating record for the respective region and adhere to all legal compliances for recovery of dues Responsible to procure disclosure orders/ summons/ warrants/ attachment on property orders through execution proceeding under Order 21 of civil procedure code and ensuring execution of said orders in an effective way Responsible to reply to notices received from advocates and/or borrowers within predetermined timeline and eensure compliance with policies when contacting customers for loan recovery Responsible to escalate all critical matters to reporting authority for any deviations or discrepancies and ensure that all written correspondence complies with policies in terms of verbiage and frequency of contact Responsible to self-assess and plan learning needs required for development in the current role and reach out to Regional Collections Manager or HR
Responsible for ensuring performance records and MIS is prepared periodically and shared with regional collections manager
Responsible to ensure self-performance appraisals are submitted within timelines, complete periodic feedback discussion with regional collections manager on time and complete assigned learning programs within timelines