Website Kotak Mahindra Bank
The candidate must be from a Banking / NBFC / Lending background.
· The responsibility will include managing legal Litigation for Retail lending products:
· Ensuring SARFAESI legal action initiation in NPA accounts, compliance of SARFAESI process as per TAT
· Support to recovery team, guiding them or giving legal opinion in legal issues or processes, drafting of legal letters/notices
· Initiating legal action in cases where action cannot be taken under SARFAESI ACT
· Auction of current assets
· Supporting HO Legal in sharing branch inputs for arbitration, cheque bouncing proceedings and coordinating with lawyers for the execution of award/decree/orders
· Supporting in defending against cases filed against our legal action in courts & coordinating with enforcement agencies, marketing agents, publication houses and lawyers
· Resolution of high-value cases
· Team handling, supervision and HR policy compliance
· Maintaining legal MIS, updating compliance tracker and reply to audit queries
· Liaise with law firms, external counsel on preparation of court documents and hearings.
· Handling end to end of all CERSAI matters on CERSAI portal which involves uploading, ID generation, preparation of master file, removal from portal on loan closure
Desired Candidate Profile:
Good exposure in Legal Collections – in the local market with good networking skills and substantial knowledge toward mortgage and real estate industry.
To apply for this job please visit hcbt.fa.em2.oraclecloud.com.