Details of the Organization

Established in 1985, the Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank – Kotak Mahindra Bank Limited. The consolidated balance sheet of Kotak Mahindra Group is over 1 lakh crore and the consolidated net worth of the Group stands at 13,943 crore (approx US$ 2.6 billion) as on September 30, 2012. The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore.

Details of the Job/Internship

Kotak Mahindra Bank is hiring for the position of Assistant Vice President Legal with 5-6 years of experience to join their office in Delhi/Bengaluru.

Role and Responsibilities

• To handle Recovery related cases pertaining to Bangalore and surrounding region and to initiate legal action for all such cases.
• Should have ability to lead and coordinate with Advocates and Recovery Team
• Drafting and issuance of legal notices, counter replies, filing of plaints, applications, petitions before various Courts for recovering Bank’s dues.
• Regular enactment upon various provisions of Civil, Criminal, DRT, SARFAESI, IBC, etc.
• Coordination with all Panel Lawyers to ensure Timely Filing of Legal Cases against Borrower and Guarantors and timely follow up and attending on each hearing.
• Execution and Service of Different Types of Warrants and Liaison with Law. Enforcement agencies like Police /Administration and Judiciary for representation of Bank.
• Perusing formalities for taking Possession and to Auction it under the SARFAESI Act ;
• Attending COC Meeting, NCLT/NCLAT hearing.
• To represent bank before various courts in conducting legal cases and to save the interest of the bank in all respects.
• To defend criminal complaints before Police station and all consumer cases if filed against the bank.
• To follow up customers for early resolution of the accounts and achieve given collection targets.
• Maintenance and periodic updating of different types of MIS reporting in close follow up of Team Members.
• Provides Legal opinions to various departments in order to guide them for smooth functioning.
• Highlighting the legal risk which the Bank will have to face in any decision involving day to day functioning or taking any stand in a particular case relating to the company.
• Getting updated with the latest legal developments in the securities law and other laws which are related to the field.

Eligibility

• Law graduate having more than 5-6 years’ experience.
• Experience in handling legal matters and Sound in-depth Knowledge of Laws of the Country.
• Good communication skills – verbal / written.
• Team working, coaching, guiding and mentoring skills.
• Open for frequent travelling out of City for attending and managing the legal cases.
• Ability to respond immediately with a solution to a situation which is not ideal.

Salary/Stipend

Salary details will be finalized during the interview process with the selected candidate.

Type of Opportunity

Fulltime

Country

India

Address

Delhi/Banglore

Application and Registration Details

After you apply, you will receive the next steps of the application process via email. 

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For any questions or concerns, please contact us via email at: [email protected]