Legal Executive-RELATIONSHIP BANKING GROUP-Recovery Common Cost Allocation - CV,CE & SA

 

Role- Legal executive

Job Role :

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.