Senior Legal Manager

5 - 10 years

8 - 12 Lacs

Indore, Lucknow, Ahmedabad

Posted:1 day ago| Platform: Naukri logo

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Skills Required

Hfc Banking Sector Title Search Mortgage NBFC Drafting Deeds Title Verification Legal Non Litigation Property Laws Drafting Agreements Legal Opinions Tsr Vendor Evaluation Legal Documentation Vetting Contracts Vetting Due Diligence

Work Mode

Work from Office

Job Type

Full Time

Job Description

Key Responsibilities Title Search - Preparation, vetting of TSR. To ensure right title to signifies the rights linked to lawful property ownership, crucial for conclusive proof of ownership. To ensure that during transactions, a meticulous title search is imperative to ensure a clear and marketable title, preventing potential legal and financial complications. Ownership Verification- Examination of property documents to determine legal ownership and identify any title defects. To yields an Abstract of Title or Title Search Report. Legal Advise- Provide legal advice to business teams of Banks/NBFCs regarding mortgage products and compliance regulations. Risk Management- Identify, assess, and mitigate legal risks associated with mortgage lending. Regulatory Compliance- Stay updated on legal and regulatory requirements related to mortgage lending and ensure compliance. Handling Escalations of Clients- Manage relationships with legal officials of Banks/NBFCs. Ensuring adequate representation with clients. Helping clients in getting reports with in TAT. Ensuring quality, TAT and handling escalations. Internal Collaboration- Ensuring smooth functioning, work with various departments, such as field executive, SRO team, accounts etc, to ensure seamless operations. Legal Documentation- Draft, review, and negotiate legal documents related to mortgage lending, such as loan agreements, security deeds, and assignments. Fraud Prevention- Monitor for and report potential fraud cases related to mortgage lending. Relationship Management & Business Development- Build and maintain relationships with clients. Retention of existing business and acquisition of new business Team Management- May include overseeing legal staff and ensuring their compliance and performance. To ensure optimum utilisation of manpower and productivity of each individual. To lead cohesive team of professionals Role & responsibilities Preferred candidate profile Legal Knowledge: Strong understanding of mortgage lending laws and regulations. Analytical Skills: Ability to analyze legal documents, identify risks, and provide effective advice. Communication Skills: Excellent written and verbal communication skills for interacting with internal and external stakeholders. Negotiation Skills: Ability to negotiate legal terms and conditions. Problem-Solving Skills: Ability to identify and resolve legal issues. Experience: Experience in mortgage lending, banking, NBFC, HFC or a related field. Education: Law degree or relevant legal certification.

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