Team Member Legal

2 weeks ago

Chennai, India Kotak Mahindra Full time

**JOB POSTING**:
**Team Member Legal - Recoveries & Resolutions - Chennai
**Role details**

**Department**: Corporate Legal**Role**: Team Member Legal - Recoveries & Resolutions**Designation**: M5 (Chief Manager)**Reporting to**: Vice President

**Number of Positions**:1

**Location**:Chennai

**JOB ROLE
- To handle Recovery related cases pertaining to Chennai and surrounding region and to initiate legal action for all such cases ;
- Should have ability to lead and coordinate with Advocates and Recovery Team ;
- Regular enactment upon various provisions of Civil, Criminal, DRT, SARFAESI, IBC, Sec 138, etc. ;
- Coordination with all Panel Lawyers to ensure Timely Filing of Legal Cases against Borrower and Guarantors and timely follow up and attending on each hearing ;
- Execution and Service of Different Types of Warrants and Liaison with Law Enforcement agencies like Police /Administration and Judiciary for representation of Bank ;
- Perusing formalities for taking Possession and to Auction it under the SARFAESI Act ;
- To represent bank before various courts in conducting legal cases and to save the interest of the bank in all respects ;
- To defend criminal complaints before Police station and all consumer cases if filed against the bank ;
- To follow up customers for early resolution of the accounts and achieve given collection targets ;
- Maintenance and periodic updating of different types of MIS reporting in close follow up of Team Members ;
- Provides Legal opinions to various departments in order to guide them for smooth functioning ;
- Highlighting the legal risk which the Bank will have to face in any decision involving day to day functioning or taking any stand in a particular case relating to the company ; Getting updated with the latest legal developments in the securities law and other laws which are related to the field.**REQUIREMENTS**
- Law graduate having more than 8-10 years’ experience.
- Experience in handling legal matters and Sound in-depth Knowledge of Laws of the Country.
- Good communication skills - verbal / written.
- Team working, coaching, guiding and mentoring skills.
- Ability to respond immediately with a solution to a situation which is ideal.

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