Bangalore
Posted 2 weeks ago
About the Company:
A leading MFI in India.
Job Summary:
Legal Officer is responsible for monitoring all legal affairs within Retail Finance. There are various processes and formalities for the smooth and successful conduct of RF business, which also requires framing and drafting of various policies and documents. This position is responsible for ensuring scrutiny of title flow/ tracing of title for high ticket business loan product.
Reporting To: Regional Credit Manager
Broad Roles and Responsibilities:
- Legal Officer should continuously research legal resources such as articles, codes, statutes, judicial decisions and modify documents/ policies in line with changing law and regulations.
- Conduct title scrutiny/ search of property documents for all clients.
- Conducting Property/ Location visits to the customer house/ projects.
- Imparting training to the branch staff on the Legal aspects.
- To file complaint under Section of 138 N.I Act wherever required by Branch and to act according to the direction of the Court.
- To provide support to the Recovery team Repossession/ Seizure activities
- Legal drafting and vetting including loan agreement, formats, lease deeds, mortgage deeds etc.
- Sending of Arrear Notices, Demand notices and giving the reply to the customer/ Advocate notices wherever necessary.
- To maintain of all records & Books as per the requirement.
- Co-ordinating with the Central Credit Team and branches for any queries.
- Reporting of daily events to Regional Credit Manager.
Requirements:
- Graduate with a degree in Law or a Law Graduate who has passed 5 years integrated Law course from a recognized University.
- Excellent written and oral communication skills.
- High level of personal energy and enthusiasm.
- 2 years experience of practice at Bar/ Judicial service or as Law Officer in the Legal Dept. of a reputed Financial Institution.