
Senior Banking and Mortgage Litigation Specialist
1 day ago
The role involves managing legal litigation for retail lending products, ensuring SARFAESI legal action initiation in NPA accounts, and complying with the SARFAESI process as per TAT.
Key Responsibilities:- Supporting the recovery team by providing legal guidance and opinions on legal issues or processes.
- Drafting legal letters and notices.
- Initiating legal action in cases where action cannot be taken under the SARFAESI ACT.
- Auctioning current assets.
- Coordinating with lawyers for the execution of award decree orders.
- Supporting HO Legal in sharing branch inputs for arbitration, cheque bouncing proceedings, and coordinating with lawyers.
- Defending against cases filed against our legal actions in courts, coordinating with enforcement agencies, marketing agents, publication houses, and lawyers.
- Resolving high-value cases.
- Team handling, supervision, and HR policy compliance.
- Maintaining legal MIS, updating compliance trackers, and replying to audit queries.
- Liaising with law firms and external counsel on preparation of court documents and hearings.
- Handling end-to-end CERSAI matters on the CERSAI portal, including uploading, ID generation, preparation of master files, and removal from the portal on loan closure.
The ideal candidate profile includes good exposure in legal collections, excellent networking skills, and substantial knowledge towards the mortgage and real estate industry.
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