Cluster Manager - Legal & Remedial - CFAB - Pune - Baner - JM

Cluster Manager - Legal & Remedial - CFAB - Pune - Baner - JM

Tata Mutual Fund
Not Specified
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Job Description

Job Description

Key Objective: Ensuring smooth and error free operations in legal matters for the designated area
Major Deliverables: 1. Providing expert advice & opinions in legal matters and guidance on speedy legal remedies available across locations 2. Sending notices / replies in assigned cases and filing complaints / replies in the designated courts 3. Ensuring fast proceeding of arbitration and obtaining decrees from local courts based on arbitrators awards 4. Ensuring amicable resolution in against cases filed in police stations and ensuring execution of summons / bailable or non bailable warrants / awards / orders received from the courts with police help 5. Manage the recovery litigation under arbitration and SARFAESI laws and provide proactive legal strategy for all sticky accounts. 6. Track all legal cases so as to ensure no slippages, visiting NPA accounts along with the collection team for faster recovery 7. Initiating appropriate legal actions in delinquent accounts against borrowers under Arbitration and Conciliation Act 1996 for recovery of dues including filing criminal complaints in qualified cases and take them to logical conclusion 8. Co-coordinate with & procure data from collections function for legal action as per remedial process ( for / against) 9. If required being Complainant in filing complaints / replies in the designated courts 10. Attending courts on the assigned dates and empanel lawyers across locations as per requirement 11. Lead and supervise the legal collections team for the implementation of a recovery agenda through appropriate training, motivation and deployment strategies 12. Keep abreast of all latest developments/trends in local law/best practices with respect to collections, security creation and loan documentation 13. Ensure 100% adherence to Legal, Audit and Compliance norms for the department as well as policies and procedures of the company
Educational Qualification: LLB & Above LLM

Job Details

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Tata Asset Management Limited (TAM) is the Investment Manager to Tata Mutual Fund. Our origin stems from a much respected and internationally acclaimed industrial house – the Tata Group – whose business philosophy has made our country and its people partners in the wealth creation process. Our heritage invokes 'trust' among consumers, employees, shareholders and the community alike. Though a great heritage is obviously something to cherish, we also seek to carry that legacy through a set of well defined and time tested globally accepted business practices. Being part of the Tata group, we are well known for our strong adherence to highest standards of ethics and fairness in all our business dealings.
TAM manages funds across the entire risk-return continuum. These include equity funds, balanced funds and debt & money market oriented funds. The company provides investment management, risk management and advisory services to institutional, intermediary and individual investors.

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