Cluster Manager

5 days ago


Bengaluru, Karnataka, India Triangulas HR Solutions LLP Full time
Cluster Manager Job Description

We are seeking a highly skilled Cluster Manager to join our team at Triangulas HR Solutions LLP. As a key member of our organization, you will be responsible for coordinating the efforts of our credit collections team and ensuring that our clients receive the best possible service.

Key Responsibilities:

  • Recovery and Collections: Proactively engage in the reduction of non-performing assets (NPAs), lessening litigation and enhancing recovery. Coordinate with the credit collections team in managing collections and recovery through legal means.
  • Legal Documentation: Assist in invoking the provisions under the SARFAESI Act in a timely manner, including taking possession (symbolic/physical), sale of secured assets, and monitoring cases across regions. Draft legal notices, recall notices, and reply notices/rejoinders, as well as versions/objections.
  • Collaboration and Communication: Apprise the Regional Legal Manager about the progress in recovery through litigation and management of the litigation portfolio of the Bank. Communicate and interact with regulators, statutory authorities, district magistrates, first-class magistrates, consumer courts, law enforcement agencies, and other relevant stakeholders for resolution of legal issues and ensuring compliance.
  • Documentation and Reporting: Ensure prompt handling of cases by panel advocates. Monitor timelines of submission of reports/statements to government authorities and regulators on time. Maintain a database on applicable laws and conduct training on relevant laws/acts to stakeholders on a periodic basis.

Requirements:

  • Graduate in Law (5-year/3-year) as a regular scholar (full-time) from a recognized university.
  • 3-8 years of experience in a legal department of a bank/financial institution, with a preference for those who have practiced in courts/fora/tribunals as an advocate for at least one year.
  • In-depth understanding of matters related to recovery of loans through courts, SARFAESI actions, bankruptcy proceedings, Lok Adalat, and proceedings under Section 138 of the NI Act.
  • Proficiency in drafting legal notices, plaints, written statements, versions, replies, rejoinders, and criminal complaints.

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