Manager - Retail Legal & Remedial

• • Providing expert advice & opinions in legal matters and guidance on speedy legal remedies available across locations
• Sending notices / replies in assigned cases and filing complaints / replies in the designated courts
• Ensuring fast proceeding of arbitration and obtaining decrees from local courts based on arbitrators awards
• Ensuring amicable resolution in against cases filed in police stations and ensuring execution of summons / bailable or non bailable warrants / awards / orders received from the courts with police help
• Manage the recovery litigation under arbitration and SARFAESI laws and provide proactive legal strategy for all sticky accounts.
• Track all legal cases so as to ensure no slippages, visiting NPA accounts along with the collection team for faster recovery
• Initiating appropriate legal actions in delinquent accounts against borrowers under Arbitration and Conciliation Act
• for recovery of dues including filing criminal complaints in qualified cases and take them to logical conclusion
• Co-coordinate with & procure data from collections function for legal action as per remedial process ( for / against)
• If required being Complainant in filing complaints / replies in the designated courts
• Attending courts on the assigned dates and empanel lawyers across locations as per requirement
• Lead and supervise the legal collections team for the implementation of a recovery agenda through appropriate training, motivation and deployment strategies
• Keep abreast of all latest developments/trends in local law/best practices with respect to collections, security creation and loan documentation.

Ensure compliance to all Audit / NHB /IRB regulations as well as policies and procedures of the company.

Desired Experience: Minimum