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Legal Executive - Recovery Common Cost Allocation - CV,CE & SA

2 - 6 years

11 - 14 Lacs

Posted:16 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Role : 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.

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Kotak Life Insurance
Kotak Life Insurance

Insurance

Jaipur

4000+ Employees

3033 Jobs

    Key People

  • Mahesh Balasubramanian

    Managing Director & CEO
  • Kavitha Kamath

    Executive Vice President

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