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4.0

based on 4.2k Reviews

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30 Cholamandalam Investment & Finance Jobs

Area Legal Manager

5-10 years

Bilaspur

1 vacancy

Area Legal Manager

Cholamandalam Investment & Finance

posted 5hr ago

Job Role Insights

Flexible timing

Job Description

Need Skill:

  • LLB with minimum of 6 years of experience in litigation and legal collection in Home loan or Mortgage or LAP I & similar industries in commercial arbitration shall be an added advantage.
  • Excellent working knowledge of 138 NI Act, Sec 25 Settlement Act, arbitration, conciliation, Lok Adalat, CPC, CrPc, IPC etc.
  • Excellent Knowledge of local jurisdiction and good connection with authorities.
  • Excellent drafting skills for complains, FIR, written submission, application, petition, legal notices etc.
  • Procedural and working knowledge of courts, appellate forums, judicial framework, arbitrary tribunals, Lok Adalat etc.
  • The ability to perform task proactively, thoroughly, orderly and independently
  • Excellent command of Hindi and English language, both written and Spoken.

Job Description or Role and Responsibility:

  • Manage the portfolio of debt collection from legal perspective for assigned geography.
  • Follow up with delinquent cases personally, along with the collection manager, along the collection team in support of local police.
  • Support in recovery on high value NPA write off cases. Also support the collection team to collect and resolve the current bounce,
  • Responsible for setting the target of field legal work for collection making sure that weekly/ monthly target for self and team is achieved on time.
  • ensure the settlement process gets followed up as per the laid down process.
  • Guide, train, strategic and roll out approved SOP to the Law firms/ Advocate in person or by conference calls to ensure the entire information of management reaches the entire team.
  • implementing legal collection strategies at the regional and area level for efficient collection and recovery of outstating loans.
  • Controlling the cost of legal collection as per organizational thought and industry standards.
  • Prepare writes, defence, submission and other pleadings in cases filed against the company in consumer forums and commission.
  • Prepare, file, and plead cases in commercial court in pursuit of amounts owed to the company
  • Ensure Sec 138 of the NI Act, Sec 25 of the settlement Act, Arbitration and summary suit get filed as per laid down the timeline.
  • Innovate the current legal collection process in line with the best market practices.



Employment Type: Full Time, Permanent

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People are getting interviews at Cholamandalam Investment & Finance through

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Company Website
Campus Placement
43%
15%
14%
8%
5%
15% candidates got the interview through other sources.
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What people at Cholamandalam Investment & Finance are saying

3.3
 Rating based on 18 Area Legal Manager reviews

Likes

Nothing.

Dislikes

There is so much pressure that both your mental health and physical health will deteriorate.

Read 18 reviews

Area Legal Manager salary at Cholamandalam Investment & Finance

reported by 88 employees with 1-11 years exp.
₹3.3 L/yr - ₹10.4 L/yr
19% less than the average Area Legal Manager Salary in India
View more details

What Cholamandalam Investment & Finance employees are saying about work life

based on 4.2k employees
52%
80%
57%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Cholamandalam Investment & Finance Benefits

Health Insurance
Job Training
Soft Skill Training
Team Outings
Work From Home
Free Transport +6 more
View more benefits

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