Law Officer - Recovery| Thane

Reposted One Month Ago
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Thāne, Thane, Mahārāshtra, IND
In-Office
Senior level
Fintech • Software • Financial Services
The Role
The Law Officer - Recovery will manage asset recovery processes, including monitoring legal cases and engaging with borrowers, advocates, and branches. Responsibilities include preparing legal documents, managing court situations, and ensuring compliance with regulations.
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

  • BA LLB or LLB
  • 5 to 10 years experience in legal recovery
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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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