Legal Executive

3 days ago


Chennai, Tamil Nadu, India Kotak Mahindra Bank Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Legal Executive-RELATIONSHIP BANKING GROUP-Recovery Common Cost Allocation - CV,CE & SA

Role- Legal executive

Job Role :

The candidate must be from a Banking / NBFC / Lending background. · The responsibility will include managing legal Litigation for Retail lending products: · Ensuring SARFAESI legal action initiation in NPA accounts, compliance of SARFAESI process as per TAT · Support to recovery team, guiding them or giving legal opinion in legal issues or processes, drafting of legal letters/notices · Initiating legal action in cases where action cannot be taken under SARFAESI ACT · Auction of current assets · Supporting HO Legal in sharing branch inputs for arbitration, cheque bouncing proceedings and coordinating with lawyers for the execution of award/decree/orders · Supporting in defending against cases filed against our legal action in courts & coordinating with enforcement agencies, marketing agents, publication houses and lawyers · Resolution of high-value cases · Team handling, supervision and HR policy compliance · Maintaining legal MIS, updating compliance tracker and reply to audit queries · Liaise with law firms, external counsel on preparation of court documents and hearings. · Handling end to end of all CERSAI matters on CERSAI portal which involves uploading, ID generation, preparation of master file, removal from portal on loan closure Desired Candidate Profile: Good exposure in Legal Collections - in the local market with good networking skills and substantial knowledge toward mortgage and real estate industry.

Experience LevelExecutive Level
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