Law Officer - Recovery| Mumbai

Posted 10 Hours Ago
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Mumbai, Maharashtra, IND
In-Office
Senior level
Fintech • Software • Financial Services
The Role
The Law Officer - Recovery interacts with branches and advocates, focusing on asset recovery through borrower meetings, monitoring legal cases, and supporting branches with legal documentation.
Summary Generated by Built In

Interact with branches / offices / panel advocates with regard to the files handled by them.
While posted in ARBs / Zonal Offices, these officers need to adopt the role of a Branch Head and undertake duties relating to asset recovery like meeting / interacting with borrowers, field / security visits, taking symbolic / physical possession of secured assets / support branches in these areas etc.
Achieving the set goals for NPA recovery.

Responsibilities

Follow up & Monitoring of suit filed and decreed accounts.
Follow up & monitoring of accounts pending before NCLTs.
Follow up & monitoring of SARFAESI initiated cases.
Preparation and updation of MIS regarding suit posting in DRT.
Processing of Advocate Bills.
Processing various notes in connection with suit filed/decreed cases, SARFAESI, NCLT and put up for approval of higher authorities.
Timely submission of returns to regulators / committees of board.
Entrustment of cases to advocates, maintenance of court diary / processing and sanctioning of legal expenses.
Monitoring and follow up of cases filed against the bank challenging SARFAESI action / other recovery steps.
Meeting borrowers, advocates, visiting branches, securities etc while the officers are posted at ARB or Zonal Offices.
Taking symbolic / physical possesion of secured assets / provide all legal support to the branches / offices.

Qualifications

Experience Range : 5 to 10 Years

Qualifications : 
BA LLB
LLB



Skills Required

  • Experience of 5 to 10 years in legal recovery
  • BA LLB or LLB degree
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The Company
HQ: Thrissur, Kerala
5,753 Employees
Year Founded: 1920

What We Do

CSB is a full service bank established in 1920 and headquartered in Thrissur, Kerala. CSB has over 703 branches covering not just the district headquarters and large towns but also semi-urban and rural centers. Thanks to its unique origin and history, CSB is considered a household banking brand in Kerala. CSB offers Retail, Wholesale and SME Banking services through its footprint of over 703 branches across the country serving over 2 million customers.

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