Job Description:- Reviewing title search report and providing the Legal opinion on acceptability of the property as security. - Giving an approvals/rejections on the Legal Deviations. - Scrutiny of title documents and providing opinion to business and credit team on mortgage loans etc. - Discussion and Negotiation with credit and sales for resolution of bottlenecks. - Preparing Affidavit, Declaration, indemnity as per the Credit and/or Legal conditions. - Reviewing and vetting of the Mortgage deed, MODT. - Meeting with Advocate(s) to abreast about the current dynamic of local market on legal front and to improve the quality of the title report with TAT. - Discussion with Local team for inclusion of property matrix considering competition an suggest change in collateral policy/process of stakeholders and business units. - visiting Branches periodically to provide functional training on the policy procedure and document execution and also to improve synergy within the teams. - Legal Audit as and when required for the Branches. - Maintenance of MIS and reminders for the conditions and compliance.Requirements:- 7-10 years of experience in NBFC - Able to handle regional team - Must have business loan product experience
Job Title
Mortgage Legal - Chief Manager