Area Manager - Underwriting/Senior Area Manager - Underwriting
Bajaj Finserv
Date: 1 week ago
City: Tiruchirappalli, Tamil Nadu
Contract type: Full time
Job Purpose
“This position is open with Bajaj Finance ltd.”
Legal Manager will be responsible to Monitor the day to day Legal reports of sanctioned cases across State , review the Legal process/report and Vendor management.
Duties And Responsibilities
TAT Should be Maintained without compromising in quality of report by vendors
Required Qualifications And Experience
“This position is open with Bajaj Finance ltd.”
Legal Manager will be responsible to Monitor the day to day Legal reports of sanctioned cases across State , review the Legal process/report and Vendor management.
Duties And Responsibilities
- Work along with Business teams to ensure proper formulation, fitment, structuring, pricing and execution of transactions based on specific requirements, Policy framework.
- Review the Legal process periodically and define process as per Market Standard, available resources and branch requirements
- Identify fraudulent practices and mitigate risk through changes in policy and process and formulate and manage the legal evaluation process in the Hub region.
- Empaneling Approved Lawyers in all the secured business operative locations. Check and Facilitate / Provide reports regarding Legal aspects of the property & Quality framework. Check legal vendor rates as per industry standards.
- Review of vendor rates periodically
- Addressing the queries raised by lawyers (Full Legal and Vetting) / Coordinate with the BFL team for providing reports (TSR and Fast Track - with the help of EC {Either online or manual EC})by seeking additional documents, if any.
- Coordinating and facilitate for monthly bills payments for all Legal vendors
- Ensuring compliance of the Collateral Policy and processes within TAT and closely monitoring the Location vendors.
- Mandatory pre disbursal checks to be done for smoothen the disbursement process. Getting corrections in vendor legal reports wherever applicable. To co-ordinate with Central Ops to clear any discrepancy.
- Post disbursement PDD Management by early resolution by collecting required documents, Drafting RMODT documents - coordinating for RMODT at SROs and End to monitoring of BT process and closing the open PDDs in the system.
- Travel periodically to the operative locations, interact with vendors, PDAV (Post disbursement Asset verification) of prescribed % of sample size, providing market feedback to all the stake holders for changing / modifying existing policies and processes.
- Ensuring market updates on regular basis. Training and guiding Credit Managers as well as Business team regarding Legal updates in market.
- Decisioning Legal deviations within their authority
- Conducting legal audit as per defined Audit framework which is around 10% of disbursed cases
- Legal Deviation as per policy & as per Mortgage Legal standard
TAT Should be Maintained without compromising in quality of report by vendors
Required Qualifications And Experience
- Qualifications
- Minimum Qualification: Graduation+ LLB with Finance Industry Experience
- Knowledge of Mortgage Legal as per law standards
- Work Experience
- Minimum 3-4 years of experience, Should ideally come from a Legal background.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Sales Manager(Commercial Vehicles)
REACH TALENT SOLUTIONS,
Tiruchirappalli, Tamil Nadu
2 weeks ago
Greetings From REACH TALENT SOLUTIONS Position: Sales Manager Location: Trichy Gender: Male (Two Wheeler Must) Exp: 4-5 years (Sales andcommercial vehicle industry)Job OverviewThe Sales Manager will lead and manage the sales operations for Mahindra Heavy Commercial Vehicles (HCV) within Trichy and the surrounding districts. The role requires a deep understanding of the commercial vehicle market, a strong track record in...
Accountant
Kukulkan Mangement Services,
Tiruchirappalli, Tamil Nadu
₹20,000
-
₹30,000
per month
4 weeks ago
This is a full-time position based in Tiruchirappalli, suitable for mid-level professionals with 4 to 6 years of experience. The Accountant will be responsible for a wide range of financial tasks, ensuring accuracy and compliance with financial regulations.Qualifications And SkillsTax Preparation (Mandatory skill)Account Reconciliation (Mandatory skill)Financial Analysis (Mandatory skill)Financial Reporting: Ability to prepare accurate financial statements and reports.Auditing: Experience with...
Architect Trichy
Kaarlo Training & HR Solutions Pvt. Ltd.,
Tiruchirappalli, Tamil Nadu
₹30,000
-
₹40,000
per month
4 weeks ago
Qualifications And SkillsArchitectural DesignProject ManagementConstruction Materials KnowledgeAutoCAD ProficiencySite AnalysisClient CommunicationDocument Management (Project Files)Site Visit and Decision-Making AbilitiesRoles And ResponsibilitiesDevelop architectural designs for projects.Manage project timelines and budgets.Utilize knowledge of construction materials in design.Create and modify drawings using AutoCAD.Conduct site analysis and evaluate site constraints.Communicate effectively with clients and stakeholders.Organize and maintain project documentation.Visit project sites as needed and make informed...
