Vetting Analyst (Legal)- CRM Division

Job Description

Title: Vetting Analyst (Legal)- CRM Division

Company Name: IDLC Finance PLC

Vacancy: 02

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 2 years
• The applicants should have experience in the following business area(s): Leasing, Investment/Merchant Banking, Share Brokerage/ Securities House

• Bachelor of Law (LLB)

• At least 2 years
• The applicants should have experience in the following business area(s): Leasing, Investment/Merchant Banking, Share Brokerage/ Securities House

Conversant with the laws and regulations of Land / Property, especially Transfer of Property Act, State Acquisition and Tenancy Act, Non-Agricultural Tenancy Act, Laws relating to Abandoned Property, Power of Attorney, Registration Act, Stamp Act, Aratha Rin Adalat Ain, Negotiable Instrument Act, Financial Institution Act, Banking Companies Act, Code of Civil Procedure, Code of Criminal Procedure, Penal Code etc.

Having excellent interpersonal and communication skills with fluency in English.

Basic knowledge in computer applications specially, MS Office and have good speed to type Bengali words.

Ability to work independently and in team and deliver assign tasks within deadline;

IDLC Finance PLC. is looking for dynamic and diligent professionals for the position of Vetting Analyst under its Legal Vetting function within Credit Risk Management (CRM). The selected individuals will be primarily responsible for examining and vetting land/property documents to ensure legal and regulatory compliance, while also supporting litigation processes and legal risk mitigation efforts. This role is crucial for safeguarding IDLC’s interests in property-backed transactions and legal proceedings.

• Examination of Land / Property documents;

• Preparing Vetting report on Land / Property documents;

• Providing opinion about the authenticity of ownership of Land / Property;

• Preparing different types of Deed / Agreement / Undertaking/ letter of indemnity to secure the interest of IDLC Finance PLC;

• To visit various Govt. offices to verify the genuineness of deed, documents, mutations, land development rent receipt, record of rights (Parcha) and other land documents;

• Time to time visit Sub-Registrar/A/C Land/Tahshil offices, to re-verify the already verified Land/Property documents and collect necessary information regarding the same.

• Must be proficient in registration of various types of deed like sale deed/mortgage deed/power deed/redemption deed before Sub-Register

• Must be proficient in extracting of various types of original deed like sale deed/mortgage deed/power deed/redemption deed from Sub-Registration office, when it will be matured;

• Maintain MIS of day to day/weekly/fortnightly/monthly activities and submit the same to Head of Legal;

• To represent IDLC Finance PLC before the Chief Judicial Magistrate Court, Artha Rin Adalat and Judge Court or any other courts;

• Filing suits and cases to recover the outstanding loan amount from the default customers and time to time monitoring the said cases with a view to dispose of the same as quickly as possible;

• To ensure the appearance (HAJIRA) in the court for pending suits/cases;

• Time to time maintain liaison with panel lawyers, collection of case status from the panel lawyers and forward it to Head of Legal;

• Before filing the cases and suits arrange to check the plaint, complainant petition, written statement or any other required petitions;

• Maintain proper database relating to pending suits & cases, Judgment & decree, total disposes of cases, payment of court fees, payment of lawyers professional fees status and arrange to send it head of Legal Team in every month;

• Time to time updated the management regarding changes Act/law, regulation of the Country  

• Festival Bonus: 2

Officer Grade- II (BDT 31,000/41,000)

Officer Grade- III (BDT 36,000/46,000)