Overview

State Bank of India invites online applications from Indian citizens for appointment to the following Specialist Cadre Officers posts. Candidates are requested to apply online.

Following is the Job Profile:

Deputy General Manager (Law) (Contractual)

Analysing, drawing and negotiating various kinds of agreements including Resolution Agreements/ Sale Agreements for Financial Assets/ Inter-Creditor agreements etc.

Drawing of Loan Restructure Documents/ Master Debt Recast and Restructuring Agreement etc.

Offering opinion on restructuring of Corporate/ Infrastructure projects under prevalent legal provisions.

Expertise in understanding and analyzing Sector Specific Concession Agreement with various Authorities and the impact/ repercussions thereof.

Familiarity with Insolvency Laws, Debt Recovery laws, SARFAESI Act and current trends, updates and issues in the field.

Guiding and advising sectoral teams, branches and other functionaries on queries regarding legal matters as and when required.

Verifying the legal correctness of Information Memorandum (IM) and other such documents and guiding the operational units whenever necessary.

Handling matters relating to Corporate Debt Restructuring/ Strategic Debt Restructuring/ Scheme for Strategic Structuring of Stressed Assets ( S for A) and other forms of restructuring.

Vetting a Resolution Plan particularly in the context of provisions of IBC related law/ judgments.

Knowledge in laws relating to Take-Over/ Merger/ Amalgamation of Corporates.

Following up all the Insolvency, Debt Recovery cases.

To assist in empanelment of lawyers, insolvency professionals etc.

Handling any other matter referred to for legal opinion/ advice.

Any other work/ responsibility that may be assigned, from time to time, by the Bank.

Deputy General Manager (Law) (Regular)

Providing analytical and comprehensive in-house legal service across a broad range of legal issues (including those involving the affiliates of organization)

Keeping oneself updated and also, wherever necessary, briefing the top management of the organization about the latest legal developments

Disseminating knowledge on relevant legal issues and developments to the operational functionaries and, if required, suggesting/ initiating necessary changes in the policy, procedure or functioning of the organization

Offering opinion on various legal issues including those related to recovery, restructuring, resolution etc.

Analysing, drafting, vetting and negotiating agreements, contracts, deeds or documents required in the course of business

Supporting the operational functionaries in understanding and mitigating the legal risk in contracts, negotiations, deals, projects etc.

Mapping out strategies, in coordination with the relevant operational functionaries, for effective litigation management

Coordinating with statutory authorities/ regulatory authorities/ self-governing bodies on issues involving legal aspects

Instructing and coordinating with advocates and other professionals wherever necessary

Supporting operational functionaries in conduct of litigations by and against the organization and attending the court or tribunal or any judicial/ quasi-judicial forum, whenever required.

Supporting and developing the in-house legal team

Any other work/ responsibility that may be assigned, from time to time, by the Bank.

Deputy Manager (Law) (Regular)

Scrutiny of property documents to ascertain devolution of title.

Conducting search of records at Registrar Office, Court and related offices as well as conducting online ROC searches.

Obtaining Certificate of Encumbrances from relevant offices.

Verification/ Vetting of documents in connection with Title Verification.

Ensuring availability / compliance of legal/ statutory clearances/ dues.

Submission/ Scrutiny of Title Verification Report as per Bank’s Format

Determining acceptability of the title to the immovable properties offered as security (primary OR Collateral OR both).

Co-ordinate with Bank’s empanelled Advocates and also the legal teams of Builders for quick disposal of proposals.

Provide legal opinion in respect of other related areas as and when sought, on an ongoing basis.

Offering opinion on various legal issues, drafting, vetting and negotiating agreements, contracts, deeds or documents.

Supporting the operational functionaries in understanding and mitigating the legal risk in contracts, negotiations, deals, projects etc. and in conduct of litigations including attending the judicial/ quasi-judicial forum, whenever required.

Keeping oneself updated about the latest legal developments and disseminating knowledge on the same to the operational functionaries.

Coordinating with the statutory authorities/ regulatory authorities/ self-governing bodies on issues involving legal aspects.

Instructing and coordinating with advocates and other professionals wherever necessary.

Title investigation of property and matter related thereto, if the individual is posted in specialised units identified for home loans or real-estate related advances/ loans.

Any other work/ responsibility that may be assigned, from time to time, by the Bank

Eligibility Criteria/ Skills Required:

Deputy General Manager (Law) - (Contractual) & (Regular)

Degree in Law (3 years/ 5 years) from a recognised University India. Post Graduate degree in Law will be preferable

Post Qualification Experience (As on 31.12.2017)

For Contractual

Enrolled as Advocate with Bar Council and having minimum 17 years of experience as Law Officer in the Legal Department of Scheduled Commercial Banks OR Financial Institutions OR Asset Reconstruction Company OR combined experience as Law Officer in the Legal Department of Scheduled Commercial Bank and Asset Reconstruction Company and having extensive experience in Recovery & Rehabilitation. The experience should be after enrolment as advocate with Bar Council.

For Regular

Enrolled as Advocates with Bar Council and having minimum 17 years of experience as Law Officer in Scheduled Commercial Banks and holding the post of Assistant General Manager (Law) or equivalent in the Legal Department of Scheduled Commercial Bank for at least 3 years. The experience should be after enrolment as an advocate with Bar Council. The equivalence of the post held by a candidate to that of Assistant General Manager (Law) at SBI will be decided by SBI. The Bank's decision in this regard will be final and binding on the applicants.

Deputy Manager (Law) (Regular)

Posting: Anywhere in India

Degree in Law (3 years/ 5 years) from a recognised University India.

Post Qualification Experience (As on 31.12.2017)

Enrolled as Advocates with Bar Council and having 4 years of experience as practicing Advocate OR Law Officer in the Legal Department of Scheduled Commercial Banks OR 4 years combined experience as practicing advocate and Law Officer in the Legal Department of Scheduled Commercial Banks. The experience should be after enrolment as advocate with Bar Council.

How to Apply?:

Apply Online through the links from 20.03.2018 to 07.04.2018:
https://bank.sbi/careers
or
https://www.sbi.co.in/careers

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