Team Member Legal - Commercial Banking-SUPPORT SERVICES-Legal
Kotak Mahindra Bank
5 - 8 years
Chennai
Posted: 4/15/2025
Job Description
Department | Legal – Commercial banking |
Location | Mumbai |
Number of Position | 1 |
Reporting to | Vice President |
Position Grade | Deputy Manager |
Job Role:
- Security assessment and documentation
- Drafting and vetting of contracts
- Litigation Management.
Responsibilities:
- Security assessment and creation, with key focus on Mortgages.
- Drafting, vetting and negotiating loan and security documents.
- Closely following cases/litigations filed by/against the Bank.
- Vetting of case papers
- Replying to customer or BO complaints.
- Drafting and negotiating vendor contracts, NDA, agreements etc
- Experience in Portfolio due diligence, buyout of stressed and standard assets and its documentation
- Being conversant with Property laws, Stamp acts, Companies Act, Contract Act etc
- To give updates on Property Laws, Local Laws and Notifications to the Department ;
- Prepare and maintain MIS;
- Legal Audit - its reporting, resolution and closure of audit queries
Additional Responsibilities :
- To give regular updates on latest enactments / orders concerning the Legal processes;
- Conducting internal audits
Job Requirements:
- Academic Qualification – LLB
- Work Experience – 5-8 years.
- Prior experience working with Banks or NBFCs . Not keen to take from recovery background pls.
- Drafting/Documentation skills, Knowledge of Property Laws, Local Laws
- Good Negotiation and Communication skills
Working on Ms Excel
About Company
Kotak Mahindra Bank is one of India's leading private sector banks, offering a wide range of financial services including personal banking, corporate banking, investment banking, insurance, and asset management. Established in 1985 and headquartered in Mumbai, it is known for its innovative banking solutions, customer-centric approach, and strong focus on digital transformation. The bank caters to diverse customer segments, from individuals to large corporations, emphasizing trust, transparency, and growth.
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