Team Member Legal - Hyderabad, India - Kotak Mahindra

Kotak Mahindra

Verified Company

Hyderabad, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

JOB POSTING:

**Team Member Legal - Recoveries & Resolutions - Mumbai

Role details

Department:
Corporate Legal
Role: Team Member Legal - Recoveries & Resolutions
Designation: M1 (Assistant Manager) / M2 (Deputy Manager)
Reporting to: Vice President

Number of Positions:1

Location:
Mumbai

**JOB ROLE

To handle Recovery related cases pertaining to Maharashtra and surrounding region and to initiate legal action for all such cases ;
Should have ability to lead and coordinate with Advocates and Recovery Team ;
Regular enactment upon various provisions of Civil, Criminal, DRT, SARFAESI, IBC, Sec 138, etc. ;
Coordination with all Panel Lawyers to ensure Timely Filing of Legal Cases against Borrower and Guarantors and timely follow up and attending on each hearing ;
Execution and Service of Different Types of Warrants and Liaison with Law Enforcement agencies like Police /Administration and Judiciary for representation of Bank ;
Perusing formalities for taking Possession and to Auction it under the SARFAESI Act ;
To represent bank before various courts in conducting legal cases and to save the interest of the bank in all respects ;
To defend criminal complaints before Police station and all consumer cases if filed against the bank ;
To follow up customers for early resolution of the accounts and achieve given collection targets ;
Maintenance and periodic updating of different types of MIS reporting in close follow up of Team Members ;
Provides Legal opinions to various departments in order to guide them for smooth functioning ;
Highlighting the legal risk which the Bank will have to face in any decision involving day to day functioning or taking any stand in a particular case relating to the company ;
Getting updated with the latest legal developments in the securities law and other laws which are related to the field.

REQUIREMENTS

Law graduate having more than 23 years' experience.
Experience in handling legal matters and Sound indepth Knowledge of Laws of the Country.
Good communication skills verbal / written.
Team working, coaching, guiding and mentoring skills.
Ability to respond immediately with a solution to a situation which is ideal.