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Team Member Legal - Commercial Banking-SUPPORT SERVICES-Legal at Kotak Mahindra Bank

Bangalore, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

24 May, 26

Salary

0.0

Posted On

23 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Security Assessment, Documentation, Contract Drafting, Contract Vetting, Litigation Management, Negotiation, Property Laws, Stamp Acts, Companies Act, Contract Act, MIS Preparation, Legal Audit, Internal Audits, Ms Excel

Industry

Banking

Description

Department Legal – Commercial banking Location Mumbai Number of Position 1 Reporting to Vice President Position Grade Deputy Manager Job 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 – 5-8 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

Responsibilities

The role involves security assessment and documentation, focusing heavily on mortgages, alongside drafting, vetting, and negotiating various loan and security documents. Responsibilities also include closely following litigation cases, vetting case papers, and handling customer complaints.