L4 - Legal - MH - Akurdi - BACL
Bajaj Auto · Akurdi (BACL)
Key Responsibilities
1. Management of:
- Loan Recall Notices
- Pre-Sale Notices
- Post-Sale Notices
- Legal Hold Accounts, including placement, monitoring, review, and release of legal hold instructions.
- BKT 0 and BKT 1 repossession cases marked as "No"
- Repo-eligible account tracker and monitoring of eligible accounts for timely action
2. Operational Compliance
- Ensure that all the above activities are carried out on a daily basis in accordance with approved internal SOPs, policies, and regulatory requirements.
3. Vendor and Invoice Management
- Manage the bill clearance process and ensure timely processing, approval, and closure of vendor/service provider invoices.
4. Repossession Order Management
- Manage repossession orders received from Courts and Arbitral Tribunals and ensure timely execution and compliance.
- Maintain and monitor the repo-eligible account tracker and provide periodic updates to stakeholders.
5. Legal Tool Administration
- Manage end-to-end process adherence for Legal Tools and Applications.
- Coordinate with business, IT, and DPM teams for issue resolution, system enhancements, and process improvements.
6. Reporting and Governance
- Prepare and present monthly management presentations, MIS reports, dashboards, and status updates relating to legal operations, notices, repossession activities, legal hold accounts, and key performance metrics.
- Maintain trackers, records, and documentation to support audits, reviews, and management reporting.
7. Additional Responsibilities
In addition to the above core responsibilities, the incumbent shall also be responsible for:
- Managing Business Requirement Documents (BRDs) and coordinating their implementation.
- Handling billing and payment management relating to SMS, WhatsApp, ATS, Missed Call Services, and other allied applications.
- Managing Loss on Sale (LOS) accounts, including:
- Issuance of offer letters;
- Issuance of No Due Certificates (NDCs);
- Collection follow-up;
- Allocation and reconciliation of receipts.
- Managing legal tools and applications and coordinating with the DPM, IT, and BACL teams for issue resolution and system enhancements.
- Providing operational support and ensuring adherence to internal controls, approved processes, audit requirements, and applicable regulatory guidelines.
- Coordinating with internal and external stakeholders for effective implementation of legal and operational initiatives.