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.