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Manager - Retail Legal & Remedial - Housing

8 - 10 years

11 - 15 Lacs

Posted:2 days ago| Platform: Naukri logo

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Full Time

Job Description


We are looking for a skilled legal professional with 8 to 10 years of experience to join our team as a Manager - Retail Legal & Remedial in Bengaluru. Roles and Responsibility
  • Provide expert advice and opinions on legal matters, including guidance on speedy legal remedies.
  • Send notices, replies, and file complaints/replies in designated courts.
  • Ensure fast proceeding of arbitration and obtain decrees from local courts based on arbitrators'' awards.
  • Manage recovery litigation under arbitration and SARFAESI laws, providing proactive legal strategy for sticky accounts.
  • Track all legal cases to ensure no slippages and visit NPA accounts with the collection team for faster recovery.
  • Initiate appropriate legal actions in delinquent accounts against borrowers under Arbitration and Conciliation Act 1996 for recovery of dues, including filing criminal complaints and taking them to logical conclusion.
  • Coordinate with collections for legal action as per remedial process (for or against) and attend court dates, empanelming lawyers across locations as needed.
  • Lead and supervise the legal collections team through training, motivation, and deployment strategies.
  • Stay updated on latest developments/trends in local law/best practices related to collections, security creation, and loan documentation.

  •  Job
  • Minimum 8 to 10 years of experience in the field.
  • A graduate degree is required; a postgraduate degree is preferred.
  • Possess strong knowledge of banking and financial services laws, including broking regulations.
  • Demonstrate excellent communication and leadership skills, with the ability to motivate and deploy teams.
  • Exhibit strong analytical and problem-solving skills, enabling sound legal decisions.
  • Be able to work effectively in a fast-paced environment and meet deadlines.
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