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Sr. Manager Mortgage Legal (Non litigation)

Sr. Manager Mortgage Legal (Non litigation)

Skillventory

5 - 10 years

4 - 7 Lacs

delhi ncr india

Posted:2 days ago| Platform: Foundit logo

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Skills Required

title diligence construction finance title search report approval legal documentation loan and security documents

Work Mode

On-site

Job Type

Full Time

Job Description

Business Requirement:

Reviewing and finalizing title diligences for construction finance business.
Review and approve title search reports for properties offered as security, ensuring they comply with company policy and are legally enforceable.
Empanelling and liaising with external lawyers for finalizing TSIRs.
Drafting, reviewing, and standardizing loan, security documents, and all non-standard documents.
Drafting legal policies and processes for various classes of collateral accepted across market segments and regions.
Coordinating with the credit team and risk team on a case-by-case basis.
Identifying and highlighting enforcement risks to senior management regarding cases.
Clarifying legal queries from title search reports.
Providing documentation support including vetting, drafting, and modifying agreements, notices, petitions, etc.
Building strong relationships with advocates, regulatory/statutory authorities.
Building capability at branch level to improve productivity.
Improving TAT for TSIRs.

Preferred Candidate Profile:

Understanding of title diligence for collaterals in Delhi NCR and other North states for retail mortgage business with NBFCs and HFCs.
Excellent understanding of processes and regulations governing NBFCs and HFCs.
Excellent understanding of transfer of property and land laws.
Excellent understanding of RBI and SEBI regulations.
Individual contributor with the ability to work in a diversified team.
Ability to take responsibility for the profile being handled.

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Sr. Manager Mortgage Legal (Non litigation)