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Legal & Recovery


Source:
TIMESJOBS.COM
Location:
DL
Date:
08-11-2016
Job Code:
58216614
Categories:
  • Banking & Finance
Applying for this job will take you to an external site
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Job Details

Legal Documentation, Policy & Guideline Formulation1. Drafting of all legal documents, formats and agreements etc pertaining to SME & RA business. Getting all these legal documents, formats & agreements vetted by external legal firm. The documents, formats & agreements should ensure that the interest of MMFSL is always best protected. The documents & agreements should cover all legal risks and also ensure that all legal documents are in line with law of land.2. Formulation of legal procedure and policy manual and ensure that there is a standard implementation of the same across all branches and locations.Legal Process (Compliance)1. Coordination with the Lawyers on legal matters related with Business , Collections & Recovery.2. Support & adopt national plan towards implementation of the aforesaid Directives & Policies3. Convergence of management directives & policies with regard to litigation & related processes4. Maintaining relations with the Court officials, Police Machineries & other Govt. authorities5. Standardize processes towards Filing , Drafts , Documents retrieval , their TAT , Quality with type of manpower & panel lawyers on board etcCost Management1. Monitoring legal expenses, MIS entry to that affect shall be maintained & recorded by the Back team through proper system.2. Providing training and valuable inputs to employee about effective management of legal tool which will help to control cost.Legal Guidelines (Recovery Unit)1. Provide guidance to recovery team about legal procedure for possession of Assets and recovery of monies using legal recourse2. Responsible for taking care of all appeal/revision/SC matters, cross appeal pending & to be filed within their domain locations3. In-charge of filing civil/criminal complaint against employees, customers, dealers, agencies, DSAs, DMAs etc in case of integrity issues with due consultation with Portfolio teamDesired Candidate Profile1. Must be a LLB2. Should have excellent legal knowledge with respect to lending, mortgage, real estate, Securitization, charge creation etc3. Should have atleast 10 years of domain and relevant experience.4. Should have thorough understanding of the various statutes and regulatory frame work both on legal and compliance related matters.5. Should have In depth Knowledge about legal compliance guidelines.6. Hands on experience on legal efforts pertaining to recovery & criminal charges.
Additional Degree: BL/LLB

Experience: 10-15

Requirements

Corporate | Tax
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