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Posted:3 weeks ago| Platform: Naukri logo

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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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