Sr. Manager Mortgage Legal

4 weeks ago

Mumbai, India Skillventory Full time

Role & responsibilities

Business Requirement:

  • Reviewing and finalizing title diligences for construction finance business.
  • Review and approve title search reports for only such properties offered as security which is acceptable as per company policy and which is legally enforceable;
  • Empanelling and liasoning with external lawyers for finalizing TSIRs;
  • Drafting, reviewing and standardizing loan, security documents and all non-standard document;
  • Drafting legal policies and processes pertaining to various classes of collateral accepted in various market segments and regions;
  • Coordinating with the credit team and risk team on a case to case basis;
  • Identify and highlight relevant enforcement risks to the senior management with respect to all cases;
  • Clarifying legal queries raised in title search reports;
  • Provide documentation support i.e. vetting, drafting, modifications of the agreements, notices, petitions, etc;
  • Build strong relationship with advocates, regulatory/statutory authorities;
  • Build capability at branch level to improve productivity;
  • Improve TAT for TSIRs;

Preferred candidate profile

Should have understanding of title diligence for collaterals in Delhi NCR amongst other states in North for retail mortgage business with NBFCs and HFCs;

  • Should have excellent understanding of process and regulations governing NBFCs and HFCs;

  • Should have excellent understanding of transfer of property and land laws;

  • Should have excellent understanding of RBI and SEBI regulations;

  • Should be an individual contributor;

  • Should be able to work in a diversified team and take responsibility of the profile being handled.

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