Kotak Mahindra Bank Hiring for Team Member Legal Recoveries & Resolutions Support Services Legal at Chennai, Tamil Nadu, India Full Time

Job Description

:JOB POSTING: Legal Resolution Manager – LegalRole details
Department : LegalRole: Legal Resolution ManagerDesignation: Senior Manager/AVPReporting to: VPNumber of Positions: 1Location: ChennaiJOB ROLE

• To handle Recovery related cases pertaining to Chennai and surrounding region and to initiate legal action for all such cases ;
• Should have ability to lead and coordinate with Advocates and Recovery Team
• Drafting and issuance of legal notices, counter replies, filing of plaints, applications, petitions before various Courts for recovering Bank’s dues ;
• Regular enactment upon various provisions of Civil, Criminal, DRT, SARFAESI, IBC, 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 ;
• Attending COC Meeting, NCLT/NCLAT hearing ;
• 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 8-12 years’ experience ;
• Experience in handling legal matters and Sound in-depth Knowledge of Laws of the Country ;
• Good communication skills – verbal / written ;
• Team working, coaching, guiding and mentoring skills ;
• Open for frequent travelling out of City for attending and managing the legal cases ;
• Ability to respond immediately with a solution to a situation which is not ideal.

Kotak Mahindra Bank