• Legal ManagerCollection_Retail Assets Ludhiana Jobs in Delhi,India

  • Skill Ventory
  • Save Job
  • 3 - 3 Years
  • Posted : above 1 month

Job Description:

Unit Retail Legal-
Retail Legal is a support function to Business and collections team who will strategize and form legal process and polices safeguarding the interest of the Bank as well as implementing cost and time effective legal tools for collection of dues from defaulting customers The legal team has to have a better understanding and coordination with the Business/ Branch Banking and collections team and have to deliver their best in terms of implementing the Legal remedies adopted by the bank in safeguarding the Banks interest
Job Role & descriptions
The candidate will be responsible for drafting of various agreements and documents (litigation and non-litigation), Reviewing and standardizing existing Agreements and documents Should have ability to do legal research on various laws, rules, regulations governing Banking industry and other applicable laws Preparing newsletters, circulars related to latest amendments in rules and regulations Should be well versed with Banking and Corporate Laws
The job will also involve in initiation of various legal actions depending on case to case basis and customer profile which will support Business/collections team in early resolution of the delinquent case It will involve in interaction/liaising with different departments, law firms, judicial and quasi-judicial departments as and when required as per the situation
Key components of the job
To provide advise/opinion on various aspects of Banking Law/Operational issues
Drafting & Reviewing various Business transactions documents, Agreements, MOU, Contracts, undertakings, indemnities, documents, pleadings including Notices, Complaints, Plaints, Affidavits, etc
Initiating various legal action on delinquent customers as per process/policy
To Maintain MIS and keep records, tracking and monitoring cases which are filed
Legal vendor Management, empanelment, billing and reviewing them
Attending court cases, Police Stations, Law firms, and other regulatory offices as and when required
To depose evidence in respect of the cases filed in various courts from time to time
To co-ordinate with the advocates / agencies in respect of the matters allocated to them and to update its regular progress

Profile Summary:

Employment Type : Full Time
Industry : Banking / Financial Services
Salary : Not Disclosed
Deadline : 23rd Jan 2020

Key Skills:

Company Profile:

Skill Ventory
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