FAQs
What is the job title for this position?
The job title is Team Member Legal - Commercial Banking.
Where is the location for this job?
The location for this job is Mumbai.
What is the reporting structure for this position?
This position reports to the Vice President.
What is the required academic qualification for this role?
The required academic qualification is an LLB.
How much work experience is needed for this position?
A work experience of 5-8 years is needed for this position.
Is prior banking experience required?
Yes, prior experience working with Banks or NBFCs is required, but candidates from a recovery background are not preferred.
What are the key responsibilities of this role?
Key responsibilities include security assessment, drafting and vetting contracts, litigation management, and providing updates on Property Laws and Local Laws.
Are there specific legal areas of knowledge required for this position?
Yes, candidates should be conversant with Property laws, Stamp acts, Companies Act, and Contract Act.
What skills are essential for this job?
Essential skills include drafting/documentation skills, negotiation, communication skills, and proficiency in Ms Excel.
Are there any additional responsibilities associated with this role?
Yes, additional responsibilities include providing regular updates on legal enactments/orders and conducting internal audits.
Is this position considered a managerial role?
The position is graded as Deputy Manager, which indicates a managerial role.
What type of documents will the candidate be working with?
The candidate will be working with loan and security documents, vendor contracts, NDAs, and case papers.
Will the candidate be involved in litigation management?
Yes, the candidate will closely follow cases and manage litigations filed by or against the Bank.