YES BANK, India’s fourth-largest private sector bank is a high quality, customer-centric and service-driven Bank is looking to hire a Legal Manager for their Delhi Office.
Job Responsibilities:
Complete Lawyer vendor management including identification, empanelment, monitoring, and performance management thereof, etc.
Recommending policy-level changes for managing property-related risks in local markets.
Review, examine and peruse Title Search Report (TSR) submitted by empanelled lawyers
Coordinating with Lawyer for errors/gaps/improvements in TSR
Vetting of original property documents submitted for the creation of security
Respond within defined TAT to any legal queries from Business teams, other internal stakeholders, branches related to TSR, original property documents and creation of mortgage, security structuring, execution of documents, etc
Maintaining checks for quality & audit purposes.
Remain updated with market intelligence.
Adherence to policy / regulatory guidelines.
TAT rationalization, monitoring, and reduction as an ongoing activity
Conduct training for various stakeholders
Random sampling & deep diving of TSRs on monthly basis and taking appropriate action on critical observations arising out of this activity
Detect and analyze gaps in case of any frauds related to property documents and implement controls to improve fraud control measures
Ensure that learnings from delay/encumbrances, while disposing any property under SARFAESI due to faulty/incomplete title documents, is implemented in future deals.
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About the Company:
YES BANK, India’s fourth-largest private sector bank is a high quality, customer-centric and service-driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full-Service Commercial Bank’ providing a complete range of products, services, and technology-driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly-owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 9 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.