Ujjivan Small Finance Bank Limited is a mass-market focused small finance bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country is looking to hire a Manager – Legal – Litigation for their Bangalore Office.
Proactively engage in reduction of NPA, lessening litigation and enhancing recovery.
Advise the Head of Legal about changes in recovery laws in the Country or in any specific State.
Liaise with Courts, Commercial Courts, Arbitration Tribunals, DRTs, Legal Services Authorities, panel Advocates, empanelled Recovery Agents etc. and ensure their good relationship with the Bank.
Educate the personnel of the concerned stakeholders on the stage wise proceedings in Courts, Commercial Courts, Arbitration Tribunal, DRTs and Legal Services Authorities. Train them about dos and don’ts.
Device suitable strategy on case to case basis, for bringing the litigations (filed by the Bank as well as filed against the Bank) to a logical conclusion.
Prepare, maintain and periodically update MIS pertaining to litigation portfolio of the Bank.
Apprise the Board/Management about the progress in recovery through litigation and management of litigation portfolio of the Bank.
Coordinate for Risk Based Supervision of the Legal Department by Reserve Bank of India and rectification of observations made by Reserve Bank of India.
Maintain the list of litigations, monitor the progress effectively and advise the panel Advocates/stakeholders regarding further steps to be taken in each matter on the immediate next hearing dates.
Ensure prompt handling of cases by panel Advocates.
Ensure that cases filed by the Bank and cases filed against the Bank are not getting adjourned without sufficient cause.
Managing on-boarding of Advocates in the panel of Advocates of the Bank, monitor performance of the panel Advocates and advise the Head of Legal promptly the instances of non-adherence terms and conditions of empanelment by the Advocates.
Drafting Legal Notice/Recall Notice, Notice under Section 138 of Negotiable Instruments Act, Reply Notices/Rejoinders, Versions/Objections etc.
Monitoring all cases filed against the Bank and cases filed by the Bank, including cases filed under section 138 of Negotiable Instruments Act and criminal cases.
Obtaining copies of Judgments in a timely manner, after disposal of the case, and advise ensure filing Appeals/Revision/Review, wherever required. Also ensuring timely execution of all Decrees.
Supporting and coordinating with Credit Collections Team in managing collections and recovery through legal means.
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About the Company:
Ujjivan Small Finance Bank Limited is a mass-market focused small finance bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. Our Promoter, Ujjivan Financial Services Limited (UFSL) commenced operations as an NBFC in 2005 with the mission to provide a full range of financial services to the ‘economically active poor’ who were not adequately served by financial institutions. On October 7, 2015, UFSL received RBI In-Principle Approval to set up a Small Finance Bank(SFB), following which it incorporated Ujjivan Small Finance Bank Limited as a wholly-owned subsidiary. UFSL, subsequent to obtaining RBI Final Approval on November 11, 2016 to establish and carry on business as an SFB, transferred its business undertaking comprising of its lending and financing business to our Bank, which commenced its operations from February 1, 2017. We are a ‘scheduled bank’ included in the Second Schedule to the Reserve Bank of India Act, 1934 Ujjivan Small Finance Bank has a diversified portfolio with branches spread across 24 states and union territories and a customer base of 4.72 million as of June 30, 2019. Apart from the network of branches, ATMs and Automated Cash Recyclers, we have a phone banking unit that services customers in eleven languages, a mobile banking application that is accessible in five languages as well as internet banking facility for individual and corporate customers. Our focus is to use technology as an enabler for our customers that allows us to customize and deliver products and services to suit their needs.