Team Member Legal- Commercial Banking

Department

Legal Commercial banking

Location

Mumbai

Number of Position

1

Reporting to

Senior Vice President

Position Grade

Associate VP

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

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• 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 – 10 to 12 years.
• Prior experience working with Banks or NBFCs . Not keen to take from recovery or real estate background pls.
• Drafting/Documentation skills, Knowledge of Property Laws, Local Laws
• Good Negotiation and Communication skills
• Working on Ms Excel