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Law Officer - Recovery| Mumbai
Job description
Interact with branches / offices / panel advocates with regard to the files handled by them. While posted in ARBs / Zonal Offices, these officers need to adopt the role of a Branch Head and undertake duties relating to asset recovery like meeting / interacting with borrowers, field / security visits, taking symbolic / physical possession of secured assets / support branches in these areas etc.
Achieving the set goals for NPA recovery. Follow up & Monitoring of suit filed and decreed accounts. Follow up & monitoring of accounts pending before NCLTs. Follow up & monitoring of SARFAESI initiated cases. Preparation and updation of MIS regarding suit posting in DRT. Processing of Advocate Bills. Processing various notes in connection with suit filed/decreed cases, SARFAESI, NCLT and put up for approval of higher authorities.
Timely submission of returns to regulators / committees of board. Entrustment of cases to advocates, maintenance of court diary / processing and sanctioning of legal expenses. Monitoring and follow up of cases filed against the bank challenging SARFAESI action / other recovery steps. Meeting borrowers, advocates, visiting branches, securities etc while the officers are posted at ARB or Zonal Offices.
Taking symbolic / physical possesion of secured assets / provide all legal support to the branches / offices. Experience Range : 5 to 10 Years Qualifications : BA LLB LLB
Description copied from CSB Bank's careers page. Read the full posting before you apply.
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