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About:
BANK OF MAHARASHTRA is one of the leading and top performing Bank in the Industry on several growth and profitability parameters. The Bank is now in expansion mode and requires motivated professionals to support its growth trajectory and strengthen governance, compliance and technology structure.
Role:
Manager – Legal- Scale II
Qualification:
Bachelor’s Degree in Law with a minimum of 60% (55% in case of SC/OBC) marks aggregate of all semesters / years from a University/ Institute recognized by Govt. of India or its Regulatory bodies and enrolled as an advocate with the Bar Council of India.
Desirable:
The candidates who possesses Master Degree in Law will be preferred
Age:
Maximum 35 years
Experience:
Minimum 5 years’ of post-qualification work experience as an Advocate independently or with any Law Firm of good repute before a District Court or High Court or DRT.
Desirable: Preference shall be given to the candidates having experience as a Law Officer in the Legal Department of a Nationalized Bank/ Financial Institution. Experience of cases under (I) Banking Laws, Company Laws, Labour Laws, Family Laws, Constitutional Law, Property and Revenue matters etc.
Experience in drafting and vetting of pleadings and documents;
Responsibilities:
The broad functions of law officers posted at Zonal Offices are as under, which are indicative and may be expanded depending upon the peculiarities and specific requirements of the Zone
1. Drafting, vetting and verification of documents for various credit facilities including consortium facilities and vetting and approval of formats of bank guarantees.
2. Drafting, vetting and counter vetting of documents/ notices etc. sent by various panel advocates for approval. Vetting and approval of lease deed of premises and various other property documents. Project approval, opinion on project approval for financing of individual flat buyers. Giving opinion and guidance to branches in matters involving complex legal issues and complications.
3. Advising estate officers in various cases of Public Premises Act. Guidance to branches in all legal matters that involves various facets of Banking. Attending to all legal cases before various courts like DRT, District courts, High court, Supreme Court, various Tribunals etc.,
4. Issuing legal notices on behalf of bank and replying legal notices received by the branches and Zonal Office. Assisting the Authorized officer while taking action under SARFAESI Act i.e. drafting and issuing of SARFAESI notices, reply to objection / representation made by the borrower / guarantor, taking possession, filing of application U/s 14 of SARFAESI Act and its follow-up and put the property on sale / e-auction. Assisting authorized officer in taking action under SARFAESI Act i.e. SARFAESI notices, possession notices, sale notices drafted and issued. Uploading the sale notices on various website.
5. Assisting Central Public Information Officer and Appellate Authority in dealing with applications and appeals received under Right to Information Act, 2005. Advising branches and Zonal office on premises matters such as drafting lease deeds, renewal of lease deeds and to defend eviction cases filed against Bank. Advising branches and Zonal office in defending cases against Bank under Consumer Protection Act.
6. Entrusting the cases to advocates in respect of suit filed by bank or defended by Bank, as per the guidelines issued by Head Office from time to time and brief the case. Reviewing the performance of Advocates and submit the review report to H.O. as advised from time to time.
7. Act as designated Nodal Officer for DRT, and undertake visit to DRT for monitoring the suit filed cases, Securitization Application (SA) and keeping liaison with Recovery Officer (RO) & Presiding officer (PO) for expediting the cases, more particularly suit filed cases of Rs. 1.00 Core and above are to be attended by the Law officer.
8. Following up of all suit filed and decreed accounts and assisting Recovery Officer at DRT for early recovery. Execution of decrees and liaison with Court Receiver /OL etc. Giving legal opinion to the branches /Zonal Offices in day to day banking and operational problems. Assisting branches and Zonal Offices in approving the draft of FIR / Criminal Complaint before Local Police / CBI etc. and advising in fraud cases.
9. Assisting in conducting Lok Adalats, Submitting the SARFAESI monthly & quarterly report, DRT monthly & quarterly report and RTI Quarterly Report to head office in time. Submitting monthly SARFAESI & DRT account wise details to HO. Punching data and updating of data in CR is Mac Legal Software. Maintaining data, updating and submission to HO account wise details of matters referred under IBC, 2016 to NCLT. Assisting Zonal Managers in empanelment of advocates and review of performance of advocate and submission of report to H O. Monitoring of suit filed and decreed accounts for effective recovery, briefing of cases to advocates, giving approval of panel valuer for SARFAESI action. Advising branches and Zonal Offices in defending cases against Bank under Consumer Protection Act.
How to apply:
Interested candidates can Apply here . Last date for submission of application is 26th July 2024
We have taken all measures to ensure that this opportunity, available in the corporate domain, is uploaded/provided/given on our social media platforms, including our website, and is credible, verified and sourced from authenticated/trustable sources.
