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Law Officer - Recovery| Mumbai

Iaamcp · Mumbai, Maharashtra, India

External listingfull-time5 days ago

About The Role

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.

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.

Experience Range : 5 to 10 Years

Qualifications

BA LLB

LLB

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