Legal Manager Hf Loan Against Property (lap) Recovery Branch
Year Delhi, Delhi, India
Job Description
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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.
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Job Detail
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Job IdJD3324367
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDelhi, Delhi, India
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EducationNot mentioned
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ExperienceYear