Area Legal Manager

To Monitor end to end SARFAESI process and do Symbolic and Physical Possession, Auction and Sale and co-ordinate with outsourced Agencies and the Collection Team wherever applicable to comply all steps in SARFAESI issues.

2. Drafting, review and Reply to various Letters and Notices received at Branch level from customers, lawyers, courts and authorities in close co-ordination with HO Legal Team.

3. To review and vet Loan Agreements, declarations, undertaking, letters and connected legal documents and other contracts with regard to Home Finance, all products of Retail Banking loans, Micro Loans, Group Loans in close coordination with HO Legal Team.

4. Co-ordinate filing of Police Complaints and coordinate with Fraud Control Unit.

5. Coordinate between Branch and HO Legal Team in Empanelment of lawyers.

6. Coordinate between Branch and HO Legal Team in obtaining PoA in name of concerned officers at Branch level to act as an Authorized Officer under SARFAESI and/or to represent the Bank in Courts and before various authorities.

7. Monitoring Vendor Management by coordinating between Branch and HO Legal /MIS Team for obtaining Bills from Lawyers from Branch and provide to HO Legal Team.

8. Follow-up with lawyers for getting NoC of bill payment and Review performance of Lawyers.

9. Coordinating with HO Legal Team in cross-checking of Title Search Report and ownership of property at pre-disbursement and pre-mortgage stage stage, as and when required and report any discrepancies and error to the Reporting Manager and Zonal Head.

10. To coordinate with Sales and Credit Team at Branch level for Registration of Mortgage and related work as and when instructed by the Reporting Manager and/or Zonal head.

11. Attend all Court matters and co-ordinate with lawyers under instructions from HO Legal team in Civil cases, DRT, Consumer cases, Lok Adalat and Conciliation matters, Criminal matters and any litigation matters and update status and next date to Reporting Manager.

12. Do proper Record- keeping and maintain files of SARFAESI Notices and other documents and notices of Legal Department.

13. Maintain respective MIS of all above work and send to the MIS Team at HO Legal Department.

14. Attend monthly meeting with HO Legal Team and highlight any critical or important issues to the Reporting Manager.

15. Do Legal Research and keep Team members updated of landmark Judgements and RBI Circulars related to above mentioned work.

16. Do all work within the ambit of SoP and legal policies.