Job Title

Area Manager-Mortgage and Liabilities

Department

Legal

Location

Regional Office (Bangalore, Noida, Kolkata and Pune)

Type of Position

Full time

Reports To

Regional Legal Head (South/North/East/West)

Role Purpose Objective

- 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 as well as secured and unsecured facilities.

- To represent bank before SRO while registration and cancellation of mortgage documents.

- Vetting of Title Scrutiny Reports (TSR) submitted by panel Advocates to confirm that the TSR satisfies the business requirements of the Bank.

- Assist the business/Credit in registering Mortgages wherever necessary.

- Managing legal issues pertaining to creation/registration of Mortgages, Hypothecation, Pledge etc.

- To prepare and vet underwriting documents for loan creation and security perfection.

- To empanel requisite number of panel advocates and ensure prompt handling of cases by panel Advocates.

- Liaise with Courts, Commercial Courts, Arbitration Tribunals, DRTs, Legal Services Authorities, panel Advocates, empaneled Recovery Agents, Consumer Fora etc. and ensure their good relationship with the Bank

- Track changes relating to Stamp duty payable for the different states in the Region and update the stake holders

- Track changes in State specific Laws relating to the Region and update the stake holders.

- Monitor and track cases filed against bank until closure.

- Furnish advisory to Branch Banking, Service Quality, Admin, Vigilance, HR and other departments.

- Drafting and vetting of Police complaints, reverts to notices received from Statutory Authorities, replies to be filed in Court of Law, Banking Ombudsman, etc.,





- To maintain Notice tracker and report them periodically.

- To conduct Legal Audit for eligible Accounts and report to the concerned stake Holders.

- To represent on behalf of bank before Court of Law, Statutory Authorities, etc.,

- To handle any specific issues specially assigned by the Regional Legal Manager.

Key Duties and Responsibilities of the Role

Business

- To ensure proper execution of loan and security documents at the time of lending by the business and credit teams.

- To ensure legal reports are furnished on time by external counsels.

- To co-ordinate with HUB officials and cluster managers on a regular basis.

- Taking proactive measures in all litigation matters, to ensure earliest closure as also to bring the opponents for negotiating table.

Customer

- Assist the respective regional legal teams in end to end management of advisory on lending related security creation and documentation as well as collection and other litigation.

- Communicate/interact with Regulators, Statutory Authorities, District Magistrates, First Class magistrates, consumer courts, Law enforcement Agencies, for resolution of legal issues/ensuring compliance.

- Support the secured lending departments during loan documentation and security creation.

- Co-ordinate with the Advocates and Enforcement Agencies in extending support to Authorised Officers/ Signatories under various provisions of law.

Role: Chief Legal Officer (CLO),

Industry Type: Banking,

Department: Legal & Regulatory,

Employment Type: Full Time, Permanent

Role Category: Legal Operations

Education

UG: Any Graduate

PG: Any Postgraduate

Key Skills

Skills highlighted with ‘‘ are preferred keyskills arbitration bankingbranch bankingbusiness requirementscommercial lawscomplianceconsumer protection actcorporate legalcredit documentationfinancefinancial institutioninsolvencylaw enforcementlegallegal auditlegal manager

📌 Area Manager-Legal (Mortgages) (Kolkata)
🏢 Ujjivan Small Finance Bank
📍 Kolkata