Team Member Legal - Commercial Banking-SUPPORT SERVICES-Legal

Kotak Mahindra Bank

  • Chandigarh
  • Permanent
  • Full-time
  • 9 days ago
Job Category: KMBLDegree Level: Bachelor's DegreeJob Description:Department Legal - Commercial banking
Location Mumbai
Number of Position 1
Reporting to Vice President
Role Senior Manager/AVPJob Role:
  • Security assessment and documentation
  • Drafting and vetting of contracts
  • Litigation Management.
Responsibilities:
  • Security assessment and creation, with key focus on Mortgages.
  • Drafting, vetting and negotiating loan and security documents.
  • Closely following cases/litigations filed by/against the Bank.
  • Vetting of case papers
  • Replying to customer or BO complaints.
  • Drafting and negotiating vendor contracts, NDA, agreements etc
  • Experience in Portfolio due diligence, buyout of stressed and standard assets and its documentation
  • Being conversant with Property laws, Stamp acts, Companies Act, Contract Act etc
  • To give updates on Property Laws, Local Laws and Notifications to the Department ;
  • Prepare and maintain MIS;
  • Legal Audit - its reporting, resolution and closure of audit queries
Additional Responsibilities :
  • To give regular updates on latest enactments / orders concerning the Legal processes;
  • Conducting internal audits
Job Requirements:
  • Academic Qualification - LLB
  • Work Experience - 7-10 years.
  • Prior experience working with Banks or NBFCs . Not keen to take from recovery background pls.
  • Drafting/Documentation skills, Knowledge of Property Laws, Local Laws
  • Good Negotiation and Communication skills
Working on Ms Excel

Kotak Mahindra Bank

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