Deadline
Open Deadline
Location
Ernakulam, Kerala, India.
Salary
Compensation details will be finalized during the interview process with the selected candidate.
Details of the Organization
South Indian Bank, one of the earliest banks in South India, was founded during the Swadeshi movement. It emerged from the vision of a group of enterprising individuals who sought to offer safe, efficient, and service-oriented financial solutions. The bank was established in Thrissur, Kerala, with a goal to help the community save efficiently and protect businesses from the exploitation of money lenders, while providing accessible credit at reasonable interest rates.
Details of the Job/Internship
South Indian Bank is hiring Legal Officers in two key roles: Legal Officer - General and Legal Officer - Recovery. The positions are open for qualified individuals to work across any of the bank’s locations in India.
Role and Responsibilities
Legal Officer - General:
- In-depth knowledge of Mortgage, Pledge, Hypothecation, Lien, and Security Perfection.
- Expertise in Labour Laws/Code, Industrial Disputes Act, PF laws, ESI regulations, Gratuity Laws, etc.
- Experience in clearing titles for mortgage-backed loans.
- Drafting, vetting, and preparation of new product documentation for Corporate, Retail, MSME, and Agri sectors.
- Liaison with external counsels engaged in title clearances for mortgage-backed loans.
- Knowledge in funded and non-funded documentation and trade-related documentation.
- Provide general legal advisory to internal clients.
- Conduct internal training and learning & development (L&D) for stakeholders.
- Ability to work effectively in teams.
Legal Officer - Recovery:
- Knowledge of Mortgage, Pledge, Hypothecation, Lien, and Charge.
- Expertise in recovery-related laws such as DRT Act, SARFAESI Act, IBC, Arbitration and Conciliation laws, and the Negotiable Instruments Act.
- Follow-up with delinquent clients for early recovery through legal means, including asset sales and negotiated settlements.
- Draft and vet notices/replies relating to SARFAESI and other legal notices.
- Liaise with counsels involved in recovery-related litigation across various courts and tribunals.
- Coordinate and manage cases efficiently.
- Liaison with other stakeholder departments.
- Provide training and L&D to internal stakeholders.
Eligibility
- Work Experience: A minimum of 1 year of relevant experience in scheduled banks, NBFCs, other financial institutions, or reputed law firms.
- Educational Qualification: LLB (Bachelor of Laws) under a regular course from a recognized university with at least 60% marks.
- Probation Period: 1 Year.
Salary/Stipend
Compensation details will be finalized during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
State
Kerala
Address
Ernakulam, Kerala, India.
Application and Registration Details
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After you submit your application, you will receive the next steps in the process via email. Please follow the instructions provided to complete your application.
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