
Legal Foreclosure Specialist
2 days ago
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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