Legal Resolution Manager

1 day ago

Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Team Member Legal - Recoveries & Resolutions-SUPPORT SERVICES-Legal

JOB POSTING: Legal Resolution Manager – Legal

Role details

Department : Legal

Role: Legal Resolution Manager

Designation: Senior Manager/AVP

Reporting to: VP

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
  • Drafting and issuance of legal notices, counter replies, filing of plaints, applications, petitions before various Courts for recovering Bank's dues ;
  • Regular enactment upon various provisions of Civil, Criminal, DRT, SARFAESI, IBC, 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 ;
  • Attending COC Meeting, NCLT/NCLAT hearing ;
  • 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 8-12 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 ;
  • Open for frequent travelling out of City for attending and managing the legal cases ;
  • Ability to respond immediately with a solution to a situation which is not ideal.
Experience LevelSenior Level

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