Legal Foreclosure Specialist

2 days ago


Karachi, Sindh, Pakistan Allied Bank Limited Full time

Job Description

Allied Bank Limited is seeking an experienced Associate Director Litigation to manage and monitor assigned litigation cases. The ideal candidate will have a strong background in the banking industry and regulatory framework.

  • The successful candidate will have at least four years of experience in a relevant field, preferably in the financial services industry.
  • Excellent communication and interpersonal skills are essential for effective collaboration with internal stakeholders and external advocates.
  • You will be responsible for ensuring all legal suits related to our portfolio are duly attended, proactively pursued, and properly represented by our counsels.

Key Responsibilities:

  • Manage, follow up, and monitor assigned litigation cases to achieve favorable outcomes.
  • Liaise with advocates for initiation of litigation against borrowers/guarantors/mortgagors upon instructions from the regional head.
  • Ensure all litigation progress and recovery follow-up efforts/meetings/advices are properly recorded in files and LMS.
  • Handle, follow up, and manage legal notices, summons/notices received in the bank, and timely arrange related records/court files with relevant information of proceedings.
  • Collect, compile, and manage data on litigation-related non-performing loans (NPLs) parked in the SAM branch, ensuring their accurate maintenance and onward reporting.
  • Attend courts as required to monitor bank cases and ensure the presence of bank counsels and proper representation of bank narrative.
  • Evaluate and feedback on the performance of dealing lawyers.

Qualifications:

  • A master's or bachelor's degree from a reputable university is preferred.

Seniority Level: Mid-Senior level

Employment Type: Full-time

Job Function: Legal

Industries: Banking



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