Legal Officer (AO-Officer): Law Division (Vetting, Documentation & Litigation)

Job Description

Title: Legal Officer (AO-Officer): Law Division (Vetting, Documentation & Litigation)

Company Name: National Credit and Commerce Bank PLC

Vacancy: --

Age: At least 20 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 1 year

• Bachelor/Honors

• Bachelor of Laws (LL.B) from UGC-approved university with no 3rd class/division in academic records.      

• Candidate having minimum 16 years of schooling will be eligible.

• At least 1 year

• Age At least 20 years

• Minimum 1 year of ongoing experience in the Legal Department/Legal Team of a bank or financial institution.

• For position above Assistant Officer (AO), candidates must have a minimum 2 years of relevant work experience.       

• Enrollment as an Advocate with the Bangladesh Bar Council.

• Provide legal opinions independently on banking matters and property documents upon vetting the same.

• Review and vet agreements, undertakings, and security documents.

• Identify document deficiencies and communicate queries to concerned stakeholders.

• Advise on waiver or deferral of documents where permissible.

• Arrange Title Search and RJSC Search reports.

• Prepare and process legal and security documents, including mortgage, guarantee, hypothecation, and charge documents, based on sanction advice.

• Coordinate the creation of Fixed and/or Floating, Specific, and Mortgage Charges with RJSC.

• Issue Lawyers’ Satisfaction Certificates (LSC) after completion of documentation.

• File and contest suits or cases against defaulted clients and others as plaintiff, complainant, or petitioner through Bank’s Legal Advisors (BLA) in Lower Courts and the Supreme Court.

• Issue legal notices and initiate recovery proceedings under applicable laws in Bangladesh.

• Initiate the filing, withdrawal, and disposal of suits or cases upon obtaining related approvals from the Special Assets Management Division (SAMD) of the Bank.

• Ensure the availability of all required documents from SAMD of the Bank before filing suits or cases.

• Collect summons, warrants, and certified copies of judgments and decrees from courts.

• Execute court orders and warrants in coordination with concerned units under LD.

• Attend court hearings, provide witness testimony, and maintain liaison with BLA.

• Monitor suits and cases physically in different courts and coordinate with BLA for timely progress and disposal.

• Maintain proper custody for stamp-in-hand and original legal documents, including handover-takeover procedures.

• Manage correspondence with BLA as well as related stakeholders of the Bank regarding litigation matters.

• Maintain error-free and updated MIS relating to legal opinions, vetting, documentation, execution of warrants, and litigation activities.

• Update suit and case positions from the Litigation Management Unit (LMU) or BLA’s Chamber directly.

• Provide required reports and statements to Bangladesh Bank, regulatory authorities, and internal stakeholders on time without fail.

• Perform any other duties assigned by Management for smooth banking operations.

Attractive compensation package will be offered to the deserving candidates selected for the positions based on the experience and competency.