Legal Manager- Immediate Joiner

Role & responsibilities

Job description:

1. SARFAESI Act Compliance:

• Assist in the preparation and review of legal notices, applications, and documents related to the enforcement of security interests under the SARFAESI Act.
• Draft and file necessary documents for initiating and progressing recovery proceedings, including but not limited to notices under Section 13(2), Section 13(4), and Section 14 of the SARFAESI Act.
• Support the legal team in compliance matters related to the enforcement of security interest, ensuring adherence to all regulatory requirements.

2. Documentation & Drafting:

• Assist in drafting and reviewing legal documents, including agreements, pleadings, petitions, affidavits, and other correspondence related to loan recoveries and mortgage enforcement.

3. Case Management:

• Maintain accurate records of case files, legal proceedings, and documentation related to recovery cases.
• Assist in tracking progress of legal actions, including court hearings, DRT (Debt Recovery Tribunal) cases, and proceedings under the SARFAESI Act.
• Prepare summaries and reports on the status of cases and legal actions for senior management.

4. Research and Legal Analysis:

• Conduct legal research on SARFAESI laws, housing finance regulations, recovery procedures, and relevant case laws.
• Stay updated with changes in financial, banking, and housing finance laws, particularly as they relate to asset recovery and NPA management.

5. Coordination and Liaison:

• Coordinate with external counsel, government authorities, and other stakeholders involved in legal proceedings.

6. Support in Litigation and Arbitration:

• Assist in litigation-related matters, including drafting petitions, filings, and preparing case briefs.

Preferred candidate profile

Key Skills & Competencies

• A strong understanding of the SARFAESI Act and asset recovery processes in the financial sector.

• Familiarity with the Debt Recovery Tribunal (DRT) and legal proceedings related to loan defaults and NPAs.

• Proficient in legal research, drafting legal documents, and preparing case summaries.

• Strong analytical skills and attention to detail.

• Excellent written and verbal communication skills.

Qualifications & Experience

• A law degree (LLB) from a recognized institution