JOB POST: Manager – Legal & Remedial at Tata Capital, Mumbai: Apply by Feb 28

Tata Capital, Mumbai is looking for a full time Legal & Remedial Manager for its Lower Parel Branch.

Core Responsibilities

• Ensure the Compliance of Remedial Legal Process
  • Represent the company in front of statutory authorities and other institutions
  • Identify cases for filing legal cases and initiate Legal tools within timelines
  • Dunning, Loan Recall Notice
  • Filing of complaint under section 138/section 25, Filing of civil suit; Filing of arbitration and section 9/Section 17 (Orders through court for repossession of assets wherever required)
  • Execution of the award passed and section 9/section 17 order
  • Review of all the above cases on a periodic basis
  • Audit compliance
• Recovery and Auction
  • Manage and support asset repossession as per policy and process
  • Manage Auction of repossessed assets and drive recovery on loss on sale
  • Coordinate with vendors for recovery and auction
• Reduce NPA through Legal tools and compliance within timeline
  • Ensure that the NPA’s are kept at minimum trigger levels
  • Manage portfolio movement and control loss for the product
  • Achieve Budget target, increase fee income / revenue and reduce vendor payouts
• Functional Coordination and Liaison with the collection team for Legal
  • Coordinate with the collection department for adherence to the stipulated laws during repossession, collections etc.
  • Provide regular MIS and updates to the collections department
  • Ensure effective interdepartmental communication with operations, Credit and sales to improve processes
  • Support the CRM team in drafting replies to customer complaints, RBI complaints, complaints and letters received from Statutory Bodies or Government Authorities.
  • Provide support to  all teams in resolving legal and compliance  issues  as guided by the Corporate Legal Team
• Customer Interaction
  • Visit customers and manage the swift recovery in critical cases
  • Ensure quick resolution of customer issues and complaints
• Vendor Management
  • Follow up and manage  the advocates after filing of cases
  • Ensure that all the advocates/law firms  in the location perform as per the defined policy
  • Reduce cost incurred through vendors

Supplementary Responsibilities

• Conduct revised/refresher policy & process training of collection and legal team at regular intervals.
• Give feedback to the business on the any new judicial trend and amendment required in the policy and process

Records/Trackers/Reports maintained by role:

• Publish legal MIS
• Report High priority cases to Senior Management
• RBI MIS and NHB MIS
• Maintain files (Deviations and approvals, customer complaints etc.)

How to Apply?

Interested applicants can apply for the post through this link.

Application Deadline

Feb 28, 2021

Location

Mumbai

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