Job Description

Description for Internal Candidates 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. Same Posting Description for Internal and External Candidates

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