RPMG:Cluster Manager - Legal

About Retail Portfolio Management Group
The Retail Lending department focuses on the lending business of the bank by offering various loan products like home loans, car loans, and personal loans among others. They also offer working capital loans and business loans for small businesses and is also responsible for the rural lending business of the bank.

About the Role
The Cluster Manager handles multiple portfolios for loans. The Cluster Legal Manager ensures NPA resolution and recoveries through Legal tools in delinquent buckets adhering to defined processes while using the appropriate legal tools at each level of legal action. The Area Legal Manager also ensures compliance with the audit procedures of the bank.

Key Responsibilities

•    Ensure appropriate legal initiation basis Product-wise cut-offs for eligible legal data.
•    Timely and appropriate legal initiation with respect to limitation Act.
•    Documentation & storage of files for legal action cases.
•    Timely updation of Gen-X Legal data.
•    Timely reconciliation and data cleanup with respect to resolution, Upgradation, & Settlements.
•    Withdrawal of Legal action and retrieval of files for future reference.
•    Lawyer Empanelment, Payment of Court fees and Professional fees
•    Legal Process/ MIS circulation and co-ordination.
•    Ensure filing of Appeal or exit from Legal case as required.
•    Liaison with various team like operations, Collections, empaneled agencies (internal or external) to ensure results.
•    Ensure contingency plan for all legal related activities
•    Ensure achievement of the monthly resolution targets
•    Ensure that all empanelled agencies are fully compliant with RBI guidelines and bank’s collections policy
•    Ensure adherence to the set process and audit requirements in place.
•    Ensure adequate training on the SOPs of the bank, processes and various policies of the bank
Qualifications
•    Law Graduate from a recognized institute.

Role Proficiencies:
For successful execution of the job, the candidate should possess the following:

•    Knowledge and understanding of prevailing Laws and market dynamics.
•    Knowledge of regulatory guidelines and norms
•    Good communication (both verbal and written) skill in both English and the local language
•    Ability to manage complex Legal suits.
•    Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment
•    Ability to handle pressure and meet deadlines.