Team Member Legal - Commercial Banking-SUPPORT SERVICES-Legal
Kotak Mahindra Bank
Full-time
On-site
Mumbai, Maharashtra, India
Description
| Department | Legal – Commercial banking |
| Location | Mumbai |
| Number of Position | 1 |
| Reporting to | Vice President |
| Role | Senior Manager/AVP |
Job Role:
- Security assessment and documentation
- Drafting and vetting of contracts
- Litigation Management.
Responsibilities:
- Security assessment and creation, with key focus on Mortgages.
- Drafting, vetting and negotiating loan and security documents.
- Closely following cases/litigations filed by/against the Bank.
- Vetting of case papers
- Replying to customer or BO complaints.
- Drafting and negotiating vendor contracts, NDA, agreements etc
- Experience in Portfolio due diligence, buyout of stressed and standard assets and its documentation
- Being conversant with Property laws, Stamp acts, Companies Act, Contract Act etc
- To give updates on Property Laws, Local Laws and Notifications to the Department ;
- Prepare and maintain MIS;
- Legal Audit - its reporting, resolution and closure of audit queries
Additional Responsibilities :
- To give regular updates on latest enactments / orders concerning the Legal processes;
- Conducting internal audits
Job Requirements:
- Academic Qualification – LLB
- Work Experience – 7-10 years.
- Prior experience working with Banks or NBFCs . Not keen to take from recovery background pls.
- Drafting/Documentation skills, Knowledge of Property Laws, Local Laws
- Good Negotiation and Communication skills
Working on Ms Excel