Job Summary

This role is responsible for initiation and pursuing measures under the provisions of SARFAESI Act

- Drafting Legal Notice/Recall Notice, Notice under Section 138 of Negotiable Instruments Act, Reply Notices/Rejoinders, etc.
- Drafting/vetting/review of all kinds of credit documentation for MSE and Housing, including security documents and all transaction documents for various kinds of fund based and non-fund based facilities
- Monitoring all cases filed against the Bank and cases filed by the Bank, including cases filed under Section 138 of Negotiable Instruments Act and criminal cases
- Filing Appeals/Revision/Review, wherever required
- Proactively involve in reduction of NPA and enhancing recovery by suggesting and following up legal measures including conducting Lok Adalat, initiating procedure under SARFAESI Act and filing suits
- Supporting Credit and Collections Team in managing collections and recovery through legal means.

Reports To

Regional Manager- Legal; Regional Head-Legal; Area Manager-Legal; Lead Legal Counsel

Location

RO/HO

Type of Position

Full time

Key Duties Responsibilities of the Role

Business

- Assist various business teams of the Region while rolling out their products in adhering to various state laws and assist Product Marketing team.
- Ensure provision of legal advice in framing/ review of contracts and agreements relating to the business operations (especially for Admin Operations Dept.) to protect the bank against any legal exposure and minimize liability.




- Keep a watch on the changes in states laws/Regulations especially relating state stamp act and assess the impact on the Bank and advise the business team accordingly.
- Vetting of Lease Deed/Leave and License agreements for Branches and ATMs and assist in execution of the same. Support in renewal of lease deed pertaining to premises/ATMs.
- Replying to complaints received from stakeholders or notices received from authorities like Tahsildar, District Collector, Enforcement Authorities, Police Dept. etc.
- Advising on settlement of death claims.
- Attending/resolving issues pertaining to Banking Ombudsman.
- Monitoring performance of panel Advocates and act as a facilitator between business verticals and panel Advocates.
- Attend to labor related matters and assist HR in conducting disciplinary proceeding.
- Support the HR Department in all Disciplinary Proceedings, including in drafting of Show Cause Notices, Charge Sheets, Termination Orders etc.
- Appraising Regional Manager - Legal in time bound manner, the changes and developments in local laws affecting functioning of Banks and which will have impact on business.
- Vetting of Title Scrutiny Reports submitted by panel Advocates to ensure that the business necessities of the Bank are accomplished without compromising the statutory requirements. Managing legal issues pertaining to creation/registration of Mortgages, Hypothecation, Pledge etc.

Customer

- Assist the Service Quality cell of the Region in resolving customer complaints.
- Attend courts/Tribunals and other Forums for ensuring speedy disposal of cases filed by various customers against the Bank and or cases filed by the Bank. Prepare/vet plaint/Written statements and other replies/objections on behalf of the Bank

📌 Legal Counsel (Kolkata)
🏢 Ujjivan Small Finance Bank
📍 Kolkata