Mortgage Legal

3 hours ago

Mumbai Maharashtra India, Maharashtra Protium Full time

Job Description:


  • Reviewing title search report and providing the Legal opinion on acceptability of the property as security.
  • Giving an approvals/rejections on the Legal Deviations.
  • Scrutiny of title documents and providing opinion to business and credit team on mortgage loans etc.
  • Discussion and Negotiation with credit and sales for resolution of bottlenecks.
  • Preparing Affidavit, Declaration, indemnity as per the Credit and/or Legal conditions.
  • Reviewing and vetting of the Mortgage deed, MODT.
  • Meeting with Advocate(s) to abreast about the current dynamic of local market on legal front and to improve the quality of the title report with TAT.
  • Discussion with Local team for inclusion of property matrix considering competition an suggest change in collateral policy/process of stakeholders and business units.
  • visiting Branches periodically to provide functional training on the policy procedure and document execution and also to improve synergy within the teams.
  • Legal Audit as and when required for the Branches.
  • Maintenance of MIS and reminders for the conditions and compliance.


Requirements:

  • 7-10 years of experience in NBFC
  • Able to handle regional team
  • Must have business loan product experience

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