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:

Mortgage Legal - Chief Manager