Team Member Legal
7 hours ago
Department
Legal – Commercial banking
Location
Mumbai
Number of Position
1
Reporting to
Vice President
Role
Senior Manager/AVP
Job Role:
- Security assessment and documentation
- Drafting and vetting of contracts
- Litigation Management.
Responsibilities:
- Security assessment and creation, with key focus on Mortgages.
- Drafting, vetting and negotiating loan and security documents.
- Closely following cases/litigations filed by/against the Bank.
- Vetting of case papers
- Replying to customer or BO complaints.
- Drafting and negotiating vendor contracts, NDA, agreements etc
- Experience in Portfolio due diligence, buyout of stressed and standard assets and its documentation
- Being conversant with Property laws, Stamp acts, Companies Act, Contract Act etc
- To give updates on Property Laws, Local Laws and Notifications to the Department ;
- Prepare and maintain MIS;
- Legal Audit - its reporting, resolution and closure of audit queries
Additional Responsibilities :
- To give regular updates on latest enactments / orders concerning the Legal processes;
- Conducting internal audits
Job Requirements:
- Academic Qualification – LLB
- Work Experience – 7-10 years.
- Prior experience working with Banks or NBFCs . Not keen to take from recovery background pls.
- Drafting/Documentation skills, Knowledge of Property Laws, Local Laws
- Good Negotiation and Communication skills
Working on Ms Excel
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