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Cluster Legal Manager @ Gap Up Consultants

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 Cluster Legal Manager

Job Description

Greeting from Gap Up Consultants !

We Have Job opportunity with Housing Finance Company.

Designation: Cluster Legal Manager

Location: Meerut,Ranchi,Vijayawada,Ghaziabad,Indore,Vasai,Kalyan,Chennai,Hyderabad,Patna,Gandhidham

TITLE VERIFICATION:

  • Review the Legal Report and Approve the LSR in system
  • Monitoring the compliance of all the Legal Conditions as stated in the LSR.
  • Ensuring all the title documents are mentioned in the List of documents to be collected as OTC and PDD in ERP correctly.
  • Ensure the Vetting Reports are obtained for all the Original Title Documents.

COLLATERAL MANAGEMENT:

  • Receipt of all the Original and Copy documents as stated in the LSR.
  • Updating the receipt of all the Original and Copy documents as stated in the LSR in the File Forwarding System.
  • Tracking and confirming the receipt of all the Legal OTC and PDD documents.
  • Representing the HHF for completion of Registry process in SRO/Registry and collection of Registered Documents promptly for Purchase Cases.
  • Collection of all the Title Documents and others in Balance Transfer cases.
  • Receipt of all the Original Title Documents from Cluster Business Managers and updation of the OTD in the File Forwarding System.
  • Forwarding all the OTD documents to Regional Legal Manager within T+2 days.
  • Confirming that all the Title Documents are safely deposited with the RMC.
  • Initiate and Coordinate with RMC for collection of Original or Copy of the Title Documents and other documents and submit back the documents safely to RMC.

 DELINQUENCY CONTROL:

  • Reviewing the Non Performing Accounts (NPA) in the Cluster periodically.
  • Ensure Demand Notices, Legal Notices are sent to all the delinquent customers as per the Compliance Calendar.
  • Making personal visit to all the 90+ customers residence and mortgaged property.
  • Initiate appropriate Legal Actions against the delinquent accounts/NPAs

 VENDOR MANAGEMENT:

  • Selection, Review, Verify and Appoint Legal Vendors for the Region.
  • Train and update the existing/revised internal legal policy to Legal Vendors periodically as per the compliance calendar.
  • Ensure that the LSRs are submitted within TAT and without compromising the quality.
  • Verifying and certifying all the Legal Vendor Bill for the Cluster and ensure timely clearance.
  • Periodical audit on Random basis on LSRs.

 LITIGATION MANAGEMENT:

  • Filing complaints with Police, statutory authorities against the fraudulent customers and ensure prompt measure are taken against them.
  • Based on the facts of the each and every case, suggesting best possible legal solution for the recovery of NPAs.
  • Ensure cheque bounce cases and Arbitration Cases are initiated against all the 90+ cases and 120+ cases respectively and ensure the submission of all the documents/details thus ensuring Judgements/Awards are passed in the shortest period possible.
  • Reply to Legal Notices either by self or through Legal Vendors/Advocates promptly and accurately.
  • Updation of amendments in existing law, new enactment, Judgements, circulars, notifications of Statutory Authorities impacting the business to the management.
  • Timely submission of MIS on Litigation to the Management.

Education: LLB

Age: Max 32 Years

Employement Category:

Employement Type: Full time
Industry: Banking / Financial Services
Role Category: Legal Support Services
Functional Area: Not Applicable
Role/Responsibilies: Cluster Legal Manager

Contact Details:

Company: Gap Up Consultants
Location(s): Multi-City, India

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₹ 4.0 - 7 Lakh/Yr

Gap Up Consultants

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