Zonal Legal Manager

1 month ago

Noida, India iimjobs Full time

Zonal Legal Manager - Due Diligence


Roles & Responsibility:


Extending transactional support/Title due-diligence:


- Evaluation and legal/title diligence of high ticket cases


- Drafting of customised documentation

- Identification of Legal Risks and their control Measures/Mitigation.

- Well versed with title due-diligence of all types of properties & regional local legal nuances.

- Monitoring & close coordination with Zonal & HUBs/Branches, CPC & External legal agencies

- Work closely with Credit & Business Teams.

Implementation of Legal Policy and Procedures North Zone:

- Standardization of loan agreement, drafts, procedures and their updation.

- Procedure and draft updation (P&D)

- Procedure and practice for security creation

- Stamp duty requirement and updation.

- Legal MIS management. Lawyer billing process management.

Updation on law, policy and regulatory requirements impacting retail mortgage business:

- Supervision & approval of regional legal policy draft.


Legal PDD, Collections and Monitoring:

- PDD Management across Zone specifically for BT and resale cases.

- Formulating policies for reduction of PDD's.

Vendor Management:

- Vendor selection- vendor background, qualification, industry reference and reputation

- Adherence of and improvement on the empanelment process

- Defining scope of work and effecting requisite timely modifications

Rationale of case allocation:

- Vendor Quality management and Audit

- Payment management - timely and accurate payment

- Vendor management leveraging technology.

APF Project Approvals:

- Managing APFs & builder relation.

- Vetting of TPA & builder documentation.

- Supervision of Subvention.

- APF Legal report management.

- Team Management

Management of regional legal resources:

- Formulation of approval matrix among internal legal counsels.

- Market Intelligence

- Market Intelligence on Real Estate Market

- Educating with property prices & trends, infrastructure news, policy & guideline changes.

- Updating senior management on important real estate matters.

Concurrent Docket Audit:

- Selection of in-house/external team

- Quality control/Sample Audit

- Cost control and management.

- Publishing Monthly audit dashboard.

Trainings:

- CSMs - on Docket executions and Audits Security Creation

- Credit and Business team - Legal aspects of Retail Underwriting business

- Zonal and regional resources - through industry experts.

Litigation Management:

- Managing Non-collection cases.

- Finalising Legal recourse & legal strategy in defending cases arises against company & filed by company.

- Appointment of litigation vendors across Zones.

- Supervision & management of legal notices received against company.

- Timely issuance of Notices & replies.

- Litigation MIS.

- Managing customer services legal issues with Customer support teams.

- Appointment of Senior Advocates and briefing senior counsel in important matters.

- Attending customer service request which are related to legal.

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