Regional Manager – Legal

• This role is responsible to develop a framework for legal risk identification and assessment across various business activities of the Region in consultation with Regional Risk, Audit and compliance team; Rectification of Audit observations/queries in line with existing laws/guidelines; Assist various business teams of the Region while rolling out their products in adhering to various state laws and assist Product & Marketing team.

• The Regional Manager – Legal/Regional Legal Manager will manage all legal issues in all aspects of the Region with a view to mitigate and eliminate risks while enforcing adherence to all laws and regulations applicable to the concerned states.

• Ensure provision of legal advice in framing/ review of contracts and agreements relating to the business operations (especially for Admin & Operations Dept.) to protect the bank against any legal exposure and minimize liability.

• Keep a watch on the changes in states laws/Regulations especially relating state stamp act and assess the impact on the Bank and advise the business team accordingly.

• Attend and advise Business Unit’s queries/matters pertaining to the provisions of various state Acts including Shops and Establishment Act/Municipal Act/Stamp act/Minimum Wages Act and other banking related laws in day to day business transaction of the Bank;

• Facilitate in resolving legal issues pertaining to MSE and Housing verticals at Region while Manage legal issues pertaining to creation/registration of Mortgages, Hypothecation, Pledge etc. drafting/vetting/review of all kinds of credit documentation for MSE and Housing, including security documents and all transaction documents for various kinds of fund based and non-fund based facilities.

• Attend courts/Tribunals and other Forums for ensuring speedy disposal of cases filed by various customers against the Bank and or cases filed by the Bank. Prepare/vet plaint/Written statements and other replies/objections on behalf of the Bank.

• Assist Vigilance Dept. in lodging FIRs/complaints before various Authorities and giving legal support in fraud related matters and instances of staff assault.

• Manage database/MIS of all the ongoing proceedings across functions and regions; follow up with concerned business/regional heads for closure; provide advice in course corrections; escalate when required.

• Conduct Legal Audit of Advance accounts as per the guidelines formulates according to the directed of the Board/RBI

DESIRED CANDIDATE PROFILE

• Bachelor’s Degree in law (3 year or 5 year) from a recognized university

• 6 to 15 years of post-qualification experience, having experience in conducting cases before courts of laws.

• Should have in-depth understanding of matters related to Retail and wholesale banking, Loan/Credit documentation and Corporate/commercial laws etc.

-Experience in legal matters relating to

-Banking and Commercial Laws

-Shops and Establishments Act.

-Commercial Contracts

-Minimum Wages Act

-Property Laws

-Working knowledge on Labour enactments preferred

• Proficient in drafting and vetting of legal documents and commercial contracts.