Principal Legal Counsel - Litigation - Bank

One of the reputed Banks is looking to hire a Principal Legal Counsel - Litigation with 10-15 years of experience for their Bangalore office

Responsibilites

- Review of Policies of Bank relating to litigation and submission before the appropriate committee for renewal. Drafting and vetting of Notices, Objections, Responses to be issued in the cases.

- Proactively engage in reduction of NPA, lessening litigation and enhancing recovery.

- Advise the Regions about changes in recovery laws in the concerned area of operation of the resource in consultation with corporate Manager Legal Litigation & Head of Legal.

- Liaise with AML, ALM & RLM on the legal actionable.

- Coordinate with AML, RLM & RLM and device suitable strategy on case to case basis, for bringing the litigations (filed by the Bank as well as filed against the Bank) to a logical conclusion.

- Maintain the list of litigations, monitor the progress effectively and advise the Regions regarding further steps to be taken in each matter on the immediate next hearing dates.

- Review the Litigation MIS and follow up with regions for updating the details.

- Ensure prompt handling of cases by panel Advocates through Regions.

- Review the Trackers on Empanelment of Advocates and also in monitoring performance of the panel Advocates.

- Review the performance of Legal vendors, tracking and renewal of service agreements of such vendors.

- Monitoring and maintaining trackers of Advocate and vendor bills and submission of the same to finance for clearance.

- Monitoring the NPA cases and taking steps for filing the alternative recovery measures

- Assisting the regional legal teams in timely invoking the measures under SARFAESI Act, such has tracking of issuance and service of 13-2 notice,tracking of action under section 13(4), Section -14, including taking possession (symbolic/physical) and sale of the secured assets.