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Urgent Opening For Legal Manager in leading Banking sector

2 - 6 Years

Hyderabad

INR 2,00,000 - 7,00,000 PA.

Posted: 23 days ago

Job Description

Hello,



Greetings from Forret India....!!!!


We are a placement firm based in India and we have the good exposure in international Market.

Kindly find the below job description for current openings:

Company Name: Leading Bank

Job Title : Legal Manager

Job Location : Hyderabad

Business Unit : Collections


PURPOSE OF THE JOB

Principle responsibility & the purpose of this job is to initiating legal proceedings against the eligible delinquent accounts as referred by collections/Policy and to attend the court by appearing on day to day basis. He/she is the POA holder & representative of the bank for legal initiations taken up for RAC-Legal. He/she will file replies & statements on behalf of the bank before Judiciary/ Quasi Judiciary & Law enforcement agencies.

The job also involves, attending day to day proceedings of the courts for the cases filed by bank. Appear & face cross examination & file affidavits.

Basis the Volumes & Location, Legal Manager is earmarked to handle either one or two products of the HUB or will be handling all products of the Spoke location and nearby locations.

Legal Manager will co ordinate with collection team & vendors on day to day basis for issuance of summons/warrants & to execute in result oriented manner.

The Job also involves maintaining & updating the MIS & reports of Legal initiatives.


KEY RESPONSIBILITIES

Initiating Necessary Legal Action

Download monthly reports for delinquent accounts.

Product wise Portfolio Analysis month on month

Timely filing and covering the exposure through legal by 100% as per policy and request received from Collections. Marking presence in all matters in the court and zero % dismissal of cases for default

Data Management and comprehensive capturing MIS and publishing the reports

Update the case status of cases filed by bank in MIS.

Maintaining the accurate MIS & reports on the activities taken-up on stage & date wise.

capturing recovery, cost and sharing the data before 10th of every month in the prescribed format

Defending the matters filed against bank in reducing the exposure

Effectively and timely managing all the cases filed against bank & staff in Judiciary, quasi judiciary and Law enforcement agencies.

Coordinating with internal staff in getting the necessary information to be furnished in the Court and defending the matter suitable in the courts and ensuring mattes are addressed appropriately and also keeping the function updated on latest developments for course corrections and suitable advising in reducing the Risk exposure

Legal Vendor management

Reviewing with legal vendors on monthly basis on cases handled

Updating on the developments, ensuring bills for the services rendered in previous month to be raised in the immediate month before 10th in the format with supporting docs & information.

Ensuring allocated cases are properly represented and leading the matters appropriately



REQUIRED PROFILE

Experience in hard core legal - collection in Banking companies or reputed NBFCs

Well versed with proceedings under Negotiable Instrument Act, Arbitration Act, SARFAESI Act, Drafting and Litigation

The candidate needs to be a law graduate


Revert me back with updated CV and following details, if interested.

Current Company:

Current Designation:

Total Experience :

Current CTC : Fixed:

Variable:

Expected CTC :

Notice Period :

Availability for interview :

Feel free to contact me on +91 7202000225, if you have any queries.



Salary: INR 2,00,000 - 7,00,000 PA.
Industry: Banking / Financial Services / Broking
Functional Area: Financial Services, Banking, Investments, Insurance
Role Category: Operations/Processes/Finance/Legal
Role: Legal Manager
Employment Type: Full Time, Permanent

Desired Candidate Profile


Education:UG -LLB - Law
PG - LLM - Law

Company Profile

Forret India Private Limited
Hello,



Greetings from Forret India....!!!!


We are a placement firm based in India and we have the good exposure in international Market.
View Contact Details+
Contact Details

Recruiter Name:Foram

Contact Company:Forret India Private Limited