Details of the Organization
DBS Bank is a leading financial services group in Asia, recognized for its commitment to innovation and excellence in digital banking. The bank operates with a strong focus on risk management and regulatory compliance to ensure financial stability across its global network. DBS fosters a professional and collaborative environment, empowering its employees to manage complex legal and operational challenges.
Details of the Job/Internship
DBS Bank is hiring an Associate, Legal Manager with experience of 7–10 years to join their office in Chennai.
Role and Responsibilities
- Manage the lifecycle of legal vendors, including assessment, appointment, and performance-based renewals.
- Oversee mortgage product documentation, ensuring ultimate borrower sets are updated and compliant.
- Conduct hindsight title searches and ownership verifications on a sample basis for each branch.
- Assess clear and marketable titles, SARFAESI applicability, and continuity of property ownership.
- Advise business, product, and credit teams on legal deviations and case-specific remarks from external vendors.
- Coordinate with collection teams to initiate legal proceedings (Sec 138 / SARFAESI / Arbitration) on defaulting customers.
- Track "Next Date of Action" (NDOA) for litigation cases and maintain a centralized summary for monthly reviews.
Eligibility
- Law degree or equivalent professional legal certifications.
- 7 to 10 years of relevant experience in a similar role within a bank or NBFC.
- Strong expertise in vendor management and legal risk mitigation.
- Comprehensive knowledge of SARFAESI, Section 138, and Arbitration laws.
- Proficiency in legal drafting and the ability to interpret complex property titles.
- Willingness to travel across the region as required for operational oversight.
- Demonstrated ability to work in a regular, full-time risk management schedule.
Salary/Stipend
Salary details will be finalised during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
Address
Chennai, Tamil Nadu, India
Application and Registration Details
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