RPMG:Legal Manager

No of VacanciesReports toSVP IIs a Team leaderY/NTeam SizeGradeVPBusinessRetail BankingDepartmentRPMGSub-DepartmentLegalLocationAbout Retail Portfolio Management GroupThe RPMG department focuses on the lending business of the bank by offering various loan products like home loans, car loans, and personal loans among others They also offer working capital loans and business loans for small businesses and is also responsible for receivables/collections business of the bankAbouttheRoleEnsure appropriate legal initiation basis Product-wise cut-offs for eligible legal dataTimely and appropriate legal initiation with respect to limitation ActDocumentation & storage of files for legal action casesTimely updation of Gen-X Legal dataTimely reconciliation and data cleanup with respect to resolution, Upgradation, & SettlementsWithdrawal of Legal action and retrieval of files for future referenceLawyer Empanelment, Payment of Court fees and Professional feesLegal Process/ MIS circulation and co-ordinationEnsure filing of Appeal or exit from Legal case as requiredLiaison with various team like operations, Collections, empaneled agencies (internal or external) to ensure resultsEnsure contingency plan for all legal related activitiesEnsure achievement of the monthly resolution targetsEnsure that all empanelled agencies are fully compliant with RBI guidelines and bank s collections policyEnsure adherence to the set process and audit requirements in placeEnsure adequate training on the SOPs of the bank, processes and various policies of the bankQualificationsLaw Graduate from a recognized instituteRole ProficienciesKnowledge and understanding of prevailing Laws and market dynamicsKnowledge of regulatory guidelines and normsGood communication (both verbal and written) skill in both English and the local languageAbility to manage complex Legal suitsAbility to manage risk and uncertainty for self and team within a dynamic priority-setting environmentAbility to handle pressure and meet deadlines