Regional Manager

Regional Head-Legal - Job Description

Business :

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. Interact with Microfinance team and liability team in resolving issues impacting business development. 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 processing/sanctioning of Loan. Vetting of Title Scrutiny Reports submitted by panel Advocates to ensure that the business necessities of the Bank are accomplished without compromising the statutory requirements. 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.

Customer :

Assist the Service Quality cell of the Region in resolving customer complaints. 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 Identify Advocates as per Bank’s policy and recommend them for empanelment to support various business functions such as MSME/Housing/Vigilance etc. Assist Vigilance Dept. in lodging FIRs/complaints before various Authorities and giving legal support in fraud related matters and instances of staff assault.

Internal process :

Assist Branches in resolving legal issues associated with customer on- boarding and loan processing. Adhere to timelines in reviewing and vetting all official communications & documentations such as contracts, agreements and settlements. Monitor the timelines of submission of reports/statements to Head Office, Government Authorities etc. in a timely manner. 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 Review and advise management on legal implications of internal policies and procedures.

Learning & Performance Conduct training/modules for business teams for Loan Documentation/Recovery process and other changes in local/state laws. Ensure goal-setting, midyear -review and annual appraisal process happens within specified timelines for self. Keeping a track on the latest laws and banking related Acts and proactively advise the management and business about such amendments and its implication on business and to suggest changes in process/procedure in line with the amendments through circulars/guidelines. Actively coordinate with respective stake holders in case of any big misses/lapses