Legal Manager Hf Loan Against Property (lap) Recovery Branch

Year    Indore, Madhya Pradesh, India

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.

Kotak Mahindra Bank

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Job Detail

  • Job Id
    JD3079787
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Indore, Madhya Pradesh, India
  • Education
    Not mentioned
  • Experience
    Year