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Team Member Legal - Commercial Banking-SUPPORT SERVICES-Legal

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  • Posted 3 months ago

Job Description

DepartmentLegal - Commercial banking
LocationMumbai
Number of Position1
Reporting toVice President
RoleSenior 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

About Company

Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management.

Job ID: 124829955