Logo of Huzzle

Team Member Legal - Recoveries & Resolutions-SUPPORT SERVICES-Legal

  • Job
    Full-time
    Senior & Expert Level
  • Legal
  • Chennai

AI generated summary

  • You must be a law graduate with 8-12 years of experience, strong legal knowledge, excellent communication skills, and the ability to travel frequently for case management.
  • You will handle recovery cases, coordinate with advocates, draft legal documents, represent the bank in court, manage MIS reporting, and provide legal opinions to ensure compliance and mitigate risks.

Requirements

  • Law graduate having more than 8-12 years’ experience
  • Experience in handling legal matters and Sound in-depth Knowledge of Laws of the Country
  • Good communication skills – verbal / written
  • Team working, coaching, guiding and mentoring skills
  • Open for frequent travelling out of City for attending and managing the legal cases
  • Ability to respond immediately with a solution to a situation which is not ideal.

Responsibilities

  • To handle Recovery related cases pertaining to Chennai and surrounding region and to initiate legal action for all such cases
  • Should have ability to lead and coordinate with Advocates and Recovery Team
  • Drafting and issuance of legal notices, counter replies, filing of plaints, applications, petitions before various Courts for recovering Bank’s dues
  • Regular enactment upon various provisions of Civil, Criminal, DRT, SARFAESI, IBC, etc.
  • Coordination with all Panel Lawyers to ensure Timely Filing of Legal Cases against Borrower and Guarantors and timely follow up and attending on each hearing
  • Execution and Service of Different Types of Warrants and Liaison with Law Enforcement agencies like Police /Administration and Judiciary for representation of Bank
  • Perusing formalities for taking Possession and to Auction it under the SARFAESI Act
  • Attending COC Meeting, NCLT/NCLAT hearing
  • To represent bank before various courts in conducting legal cases and to save the interest of the bank in all respects
  • To defend criminal complaints before Police station and all consumer cases if filed against the bank
  • To follow up customers for early resolution of the accounts and achieve given collection targets
  • Maintenance and periodic updating of different types of MIS reporting in close follow up of Team Members
  • Provides Legal opinions to various departments in order to guide them for smooth functioning
  • Highlighting the legal risk which the Bank will have to face in any decision involving day to day functioning or taking any stand in a particular case relating to the company
  • Getting updated with the latest legal developments in the securities law and other laws which are related to the field

FAQs

What is the job title for this position?

The job title is Legal Resolution Manager.

What department is this position under?

This position is under the Legal department.

What is the designation for this role?

The designation is Senior Manager/AVP.

Who will this position report to?

This position will report to the VP.

How many positions are available for this role?

There is 1 position available for this role.

Where is the job location?

The job location is in Chennai.

What are the primary responsibilities of the Legal Resolution Manager?

The primary responsibilities include handling recovery cases, initiating legal actions, drafting legal documents, coordinating with advocates and recovery teams, and representing the bank in various courts.

What qualifications are required for this role?

A law graduate with more than 8-12 years of experience in handling legal matters and a sound in-depth knowledge of the laws of the country is required.

What skills are necessary for this position?

Good communication skills, team working abilities, coaching and mentoring skills, and the ability to respond quickly to challenging situations are necessary.

Is frequent travel required for this position?

Yes, the candidate must be open to frequent traveling out of the city for attending and managing legal cases.

What types of legal matters will the Legal Resolution Manager handle?

The Legal Resolution Manager will handle recovery-related cases, criminal complaints, consumer cases, and liaise with law enforcement and judicial agencies.

Will the Legal Resolution Manager be responsible for maintaining reports?

Yes, the manager will maintain and periodically update different types of MIS reporting closely with team members.

How does the Legal Resolution Manager contribute to risk management?

The manager will highlight legal risks that the bank may face in everyday functioning and provide legal opinions to guide other departments.

Finance
Industry
10,001+
Employees

Mission & Purpose

Kotak Mahindra Bank is a leading Indian financial services conglomerate that offers a wide range of banking and financial products, including personal, corporate, and investment banking services. They provide solutions such as loans, savings accounts, insurance, asset management, and wealth management. Kotak Mahindra Bank’s ultimate mission is to drive growth by delivering innovative and customer-centric financial services while maintaining the highest standards of integrity and professionalism. Their purpose is to empower individuals, businesses, and institutions by offering tailored financial solutions that enhance their financial well-being and support economic progress.