Job Description
Roles and Responsibilities
Minimum 7 years of experience in legal matters including 3 Years in Banking and Finance
Companies and two Years as an Advocate
Complete Knowledge of SERFAESI Process and DRT Proceedings – 13(2), 13(3A)13(4), Section 14 ,
Rule 8, Rule 9 ,CMM /DM application Etc
Graduate/Post graduate degree in Law.
Profound knowledge of Types of Mortgage, Process of Mortgage, Due Diligence of Mortgage, Lease,
Creation of charge over asset , title search, Registration Act, Transfer of Property Act, Contract
Act, Specific Relief Act, Civil Procedure Code and Arbitration and Conciliation Act.
Good and effective Drafting skills
Complete knowledge of 138 Negotiable instrument Act.
Proficiency in preparing drafts for legal cases, loan documents , briefs, giving opinions on various
issue
Capability of forming strategies & advising on Debt Recovery in Home Loan and Home Equity
Products,
Ability in handling High Court, District Court, DRT & Securitization Cases,NCL & GCL Recovery,
Consumer Forum, Criminal , Arbitration cases and HNI customer cases
Proficient in scrutinizing, inspecting and guiding in all legal matters with effective communication,
leadership & problem solving skills.
Willingness to travel 8-10 days in a month.
Ability to Handel MS office , Specially Excel
Job Role
Legal Planning
Handling all legal matter/ practices to secure the best interests of the organization in Debt
Recovery through SERFASEI Action
Advise for planning the strategies and procedures to be followed in Debt Recovery ,
Maintaining and preparing of Legal MIS for region, RBI MIS and providing quarterly reports
on Legal recovery.
Legal opinion / advice on debt Recovery, Arbitration, , Negotiable Instruments Act ,Civil
matters and Criminal matters, execution of warrants.
Drafting Section SERFASEI Notices , possession and sale notices, Section 9 application, Arbitration
Claim Petition, Suit for redemption of Mortgage
Attending Arbitration, Section 9, Execution, Court Receiver Meetings, Court Receiver Execution.
Brief Company’s Counsel on various cases & planning the strategies/ procedures to be followed.
Conducting / appearing in adjudication, Lok Adalat, Conciliation and inquiry proceedings before
various authorities.
Legal Documentation
Prepare documentation and handle correspondence & routine legal matters with internal &
external customers related to service issues.
Actively involved in drafting & scrutinizing numerous legal documents such as plaints, written
statements, affidavits, petitions, writ & original applications, deeds, agreements, contracts,
bonds, guarantees etc.
Trial preparation, Evidence filling, case development, Arbitration matters and other Alternate
dispute resolution matters like Lok- Adalat, Conciliation.
Handling Arbitration for PAN India from Mumbai
Deliverables:KRA
Filling cases in Court U/S138, Symbolic and Physical possesionSection 9 for appointment of receiver
for custody of assets and other interim measures in Home Loan
Filling of cases under Negotiable Instruments Act, Payments and Settlement act ,IPC against the
Delinquent customers
Representing before DM/CMMM,Consumer litigation, Criminal Cases, Police matters against the
Company in critical cases through Advocates.
Creating and Developing Legal infrastructure and on line legal system
Attending Legal matters before various authorities for HNI and individually managing Critical cases
Review delinquent accounts with Branch Managers and Collection Managers for effective collection
and resolution through Legal
Updating Seniors and Business with respect to recovery through Legal
NPA , Legal Recovery. Responsible for sale of asset/Properties which are taken into possesion
Legal training to team members and vendors
Loss on sale recovery.
MIS generation and preparation, cost analysis report for Superiors and Business Heads.
Drafting, vetting of Letters and replies to Customers. R.B.I Ombudsman, various statutory
authorities.
Managing and developing panel of Lawyers across the region
Drafting ,vetting and Preparation and maintenance Legal Documents/Contracts