State Head - Legal - Loan Against Property - Delhi - Dashmesh Niwas - JM

 Responsibilities
Core Responsibilities:
•    Must have experience in scrutiny and approval for title search reports, revenue records and online verification of records of land owing agencies.
•    Providing advice to business on an acceptance of title search report/ property for creation of mortgage/ security.
•    Advising team regarding of stamp duty requirements on each of the documents as per legal policy/ circular.
•    Ensuring quality of report/ valuations by doing random check monthly as a part of legal review. 
•    Approval of legal deviations by analysing the risk involved vis a vis business requirement. 
•    Highlight the Risk while acceptation of collateral security and creation of mortgage over the property.
•    Co-ordination and interaction with the external Lawyers for investigation of the title of the property and discuss the issues of the title and remedies before creation of security for faster TAT as and when raised.
•    Drafting and vetting of non-standard drafts including, declaration and undertakings, NOCs, Affidavits etc. relating to the mortgage for security creation etc.
•    Customizing the requirements of all different states for legal documentation, institutionalization and make branches aware and follow the same.
•    Giving feedback and raising risk alerts in Updating/ modification of legal policies/ Operating guidelines.
•    Appraisal of Project Files, a comprehensive due diligence about the project i.e. appraisal of title along with licenses and litigation etc.   
•    Advising on Enforcement of Securities Interest and to help in the litigation matters by giving necessary instructions,            documents, etc as may be required by external advocates/solicitors from time to time.
•    Drafting and structuring of various lending arrangements with builders.
•    Experience in drafting of replies of legal notices, criminal complaints & handling of service-related customer issues.
•    Providing training to credit, OPS and sales team about nuances of mortgage legal.
•    Maintaining MIS/ keeping records of all the cases including legal deviation approvals and list of empanelled advocates etc.
•    Experience in handling retail litigations including RERA, Consumer and disputes contained in criminal complaints etc.

Qualification; Graduate/ Masters Postgraduate