• Head - Legal & Foreclosure - Debt Management Firm Jobs in Mumbai,India - 23828285

  • Unnati

Job Description:

Head Legal & Foreclosure | Top Rung Debt management Co

- Our client is a debt management company offering an end to end integrated set of services in the areas of debt resolution & acquisition They are one of the largest Indian debt management companies serving its clients to manage the entire delinquency lifecycle of their customers They provide tele-collections, debt management, skip tracing, field collection, legal services and work with the leading banks in India to provide debt collection services

- Headquartered in Mumbai, our client employs over 300 professionals and operates out of 6 locations in West & South India They are one of the leading players and trusted name in the chosen markets for over 18 years with diverse promoter experience in Banking and FMCG with 40+ years of cumulative Banking / Risk management experience and assuring legality with the process in place

As Head Legal & Foreclosure, you will be responsible for managing the complete SARFAESI process right from sending out of S13(2) notice to the auction of the property a unique service proposition offered by none in the financial services industry

What you will do

- Managing legal and foreclosure vertical litigation & non-litigation

- Managing internal and external relationships and forge new partnerships both within and outside the organization to build business depth & scalability

- Working closely with clients (Banks/NBFC/FIs) and legal channel partners (Law Firms) to ensure deliverables as per defined SLAs

- Understanding of financing/lending set of documents in Secured and Unsecured Finance and then initiating litigation for recovery of dues with adept understanding in Commercial Laws

- Litigating the work - invoking Arbitration/DRT/S138/Summary Suit/IBC OR initiating enforcement of security under SARFAESI

- Issuing demand notices under SARFAESI replies notices and issuing miscellaneous notices as per Security Interest Rules as advised by the client / legal channel partners

- Adopting with Insolvency and Bankruptcy Code and all its Regulations for procedures to be followed before Resolution Professional and NCLT including the filing of relevant applications

- Attending COC meetings and briefing the concerned stakeholders accordingly

- Ground-level understanding of the enforcement process to aid faster resolution under SARFAESI

- Handling of Criminal matters before Magistrate/Sessions/High Court including the filing of FIR/Complaint before Police/Magistrate respectively

- Overseeing inward & outward invoice and billing timelines

- Understanding all Legal aspects related to lending business to SMEs / MMEs / Large Corporates

Candidate Profile

What you need to have

- Min exp of 8 yrs in litigation & commercial law

- Working and Practical Knowledge of SARFAESI from the issue of 13(2) notice till final Auction of property

- Well versed in banking, financial and corporate laws like RBI Guidelines with respect to the organizations business, Companies Act, Contract Act, Arbitration Act, Regulatory Laws

- Adept in handling any other nature of litigation as the situation arises

- Broad understanding of Insolvency & Bankruptcy Code

- Should have adequate knowledge of the Sarfaesi Act, DRT Proceedings, Legal Operations & Litigation

- Updated on new policies, laws and judgments and preparing notes and circulating for the benefit of stakeholders

Experience 7 to 10 years

Profile Summary:

Employment Type : Full Time
Functional Area : Legal
Salary : Not Mentioned
Deadline : 15th Apr 2020

Key Skills:

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