Officer - Legal Department

Job Description

Title: Officer - Legal Department

Company Name: Peoples Leasing and Financial Services Limited

Vacancy: 2

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• 2 to 4 years
• The applicants should have experience in the following business area(s): Leasing

• LLM with LLB from any reputed University.

• BAR Council Membership is preferable.

• 2 to 4 years
• The applicants should have experience in the following business area(s): Leasing

• At least 02-04 years practical experiences in Bank/NBFI in Legal department is preferable.

• Excellent communication, negotiation, and Leadership skills.

• Able to excel in high-pressure situations.

People’s Leasing and Financial Services Limited (PLFS) referred to as “Company” is a Finance Company under The Finance Companies Act 2023 is regulated by Bangladesh Bank. To meet the company’s present need we are looking for experienced, energetic, result oriented and self motivated candidate to serve the company.

Job Description / Responsibility

• Having excellent skill on serving legal notice to the defaulted borrowers,   termination of defaulted accounts, filling in the respective Courts.

• Conducting the cases for quick disposal, assisting Lawyers in conducting Court cases and relevant legal matters and maintaining communications with the Court officials.

• Assisting and coordinating with the company’s panel Lawyers over several legal issues.

• Obtaining legal opinion from panel Lawyers on different legal issues and assisting them in connection with the vetting of proposed mortgage property.

• Preparing quarterly /half yearly/yearly Writ case report for DFIM, CIB department, Audit team of Bangladesh Bank, Legal division of Bangladesh Bank and Finance Ministry.

• Taking necessary steps for auction and summon publications in the newspaper.

• Taking necessary steps for complying vehicle recovery process.

• Ensuring proper legal action in applicable cases against the defaulted clients.  

• Executing arrest warrants issued by the Court against defaulter clients as when required.

• Cross checking the Borrower’s account with the F&A department and preparing settlement memo with relevant documents.

• Checking, verifying and complying the proposed and re-scheduled mortgage document (Lang/Flat/Building).

• Verifying the authenticity of proper documents in different land office and Tohshil office and obtaining certified deeds from respective sub-registry office.

• Preparing case status and case activities report.

• Proven track record for repossess of Lease assets and sound knowledge on Negotiable Instrument Act (NI Act) and Artha Rin Adalat.

• Any other job assigned from time to time by the Management.

• Mobile bill, Insurance, LFA

• Salary Review: Yearly

• Festival Bonus: 2

• Boishakhi Bonus: 1