Job Description

/ Requirements

• Vendor management

• Assess and appoint new legal vendors as per bank policy
• Renew existing legal vendors basis internal review on performance
• Track blacklisted legal firms to ensure that the partners / individuals are not engaged with DBS without explicit approval from DBS Internal legal team.
• Maintain MIS for total of empaneled vendors and track dormant vendors, if any; further steps like de-empanelling to be done in suitable cases of dormant vendors.
• Track changes in vendor firm composition and initiate necessary actions.
• Feedback to vendors regarding end to end TAT management from legal verification initiation to final signed legal report submission.
• Documentation
• Hidnsight function - Title search and ownership verification on sample basis for each branch, basis legal vendor reports on below parameters
• Advisory function
• Risk and compliance - identify, assess and mitigate legal risks; ensure adherence to location specific regulatory requirements
• Collections
• Fraud prevention
• Invoice processing of legal vendors within agreed time lines.

Skills Required