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Work Level: Individual
Core: Result Driven
Leadership: Decisive
Industry Type: Banking
Function: BFSI, Investments & Trading - O
Key Skills: Legal Manager,SARFAESI Act,Vendor Management,Fraud Prevention Strategy,Legal Risk Management
Education: Other
Education Other: LLB
Note: This is a requirement for one of the Workassist Hiring Partner.
Role & Responsibilities
o Assess and appoint new legal vendors as per bank policy
o Renew existing legal vendors basis internal review on performance
o Track blacklisted legal firms to ensure that the partners / individuals are not engaged with without explicit approval from Internal legal team.
o Maintain MIS for total of empaneled vendors and track dormant vendors, if any; further steps like de-empaneling to be done in suitable cases of dormant vendors.
o Track changes in vendor firm composition and initiate necessary actions.
o Feedback to vendors regarding end to end TAT management from legal verification initiation to final signed legal report submission.
o Invoice processing of legal vendors within agreed time lines.
o Check and update existing ultimate borrower documentation for various mortgage products
o Circulate standard document set to business team and to procurement team for printing
o Drafting and circulating appendix or addendum in cases of regulatory requirements till exising document sets are updated. Title search and ownership verification on sample basis for each branch, basis legal vendor reports on below parameters
o Clear and marketable title for ultimate borrower(s)
o SARFAESI applicability
Company Description
Workassist is an online recruitment and employment platform based in India, connecting employers with the right talent across diverse industries. By leveraging technology in e-recruitment, Workassist delivers curated profiles to employers and job opportunities to seekers of all experience levels. With a commitment to enhancing the hiring process, Workassist serves industries such as Banking & Finance, Consulting, Sales & Marketing, Healthcare, IT, Operations, and Legal. Our global reach and adaptability ensure the best matches for both job seekers and recruiters.
(Note: There are many more opportunities apart from this on the portal. Depending on the skills, you can apply for them as well).
So, if you are ready for a new challenge, a great work environment, and an opportunity to take your career to the next level, don't hesitate to apply today. We are waiting for you!
Job ID: 136596689