Assistant Vice President - Legal - Billing & Collections

Assistant Vice President - Legal - Billing & Collections

Meet all Financial Commitments:

- Support to Collections

- To Improve Legal Process in order to recover the dues from the borrowers.

- To develop Legal Strategy for all products.

- Reduction of the cases by resolving them through different legal tools.

- Timely facilitating with the required details for filing and pursuing of cases to the law firms.

- To conduct periodic visit/ review of law firms/ advocate/ lawyers.

- Cost effectiveness legal tools.

- Empanelment & Management of Lawyers/ Law Firm/ advocates.

- Maintaining legal MIS.

Strive for Operational Excellence:

- Effectively tracking and closing of all litigations.

- MIS of all Litigation cases

- Vetting of process/ policies for products

- Providing feedback and support to Collections for effective recovery.

- Coordinating with various law firms / and concern team of respective locations for initiation of prompt legal action.

- Standard Operating Processes for activities of legal departments

- Internal Audit & Statutory Audit

Strengthen capabilities - Leadership & People:

- Cordial relationship with the lawyers, Law Firm and Collection Managers

- Actively build relationships and constantly seek to improve both own and colleagues' performance

Establish the Brand:

- RBI complaints, Standard letters, notices, reply letters

- Continue strong focus on appropriateness and suitability process to minimize reputational risk.

- Handling & resolving all Customer Grievance/ Service Issues like PDC Replenishment/ Swapping of Instruments, Settlement/ Foreclosure, Settlement, Issuance of Loan Reschedulement, etc.

Engage Regulators & Communities:

- Advising team on proper Compliance with laws & regulations

- Compliance Management - To adhere to the COC as specified.

- Ensure through ongoing reviews and by facilitating self-audits.

- Strength relationship with the local regulators.

- Raise the bar on control and compliance.

- KYC/ AML compliance as per company policies.

Education Qualification(s):

- LLB, LLM

- Graduates from reputed colleges

- Any Post Graduation like MBA will be an added advantage

Relevant Experience:

- Strong Legal and drafting skills.

- Business acumen and hiring skills

- Strong ability to multi-task and work on multiple assignments simultaneously.

- Excellent communication and interpersonal skills.

- Strong ability for Relationship Management.

- Ability to work in a fast-paced, dynamic environment.

- Ability to work and thrive with a focus on deliverables & aggressive deadlines.

- 15+ years of experience in Banks / NBFC with exposure to HL, LAP and SME sector.

- Must have exposure to All India lending or working knowledge of property transactions in diverse geographies.

Must have significant experience/ exposure to:

- "Sarfaesi" legal tool - hands on experience required

- Exclusive experience required in - "legal billings & collections"

- All India lending or working knowledge of property transactions in diverse geographies.