Legal Officer

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Position Title: Legal Officer

 

Job Summary:

  • Responsible for providing legal service and support to Special Accounts Management Group (SAMG), to Consumer Lending Group (CLG), to Acquired Asset Management Disposition Division (AAMDD), IBS, Branches and Credit Investigation & Appraisal Division (CRIAD).


Role Exposure:

  • Monitors assigned past due accounts/cases/ROPA matters involving foreclosure, collections, rehabilitation and/or liquidation proceedings, petitions for issuance of writs of possession, defensive suits, replevin and other cases, and when necessary, attends hearings and trials thereof.
  • Monitors accounts/cases endorsed to, reviews the pleadings drafted by, and coordinates with the Bank’s retained counsels.
  • Makes progress reports of cases and accounts being handled.
  • Conducts legal due diligence, evaluates and reviews all documents of accounts being endorsed for legal actions and/or those referred/transferred/for booking to SAMG for the latter’s handling.
  • Recommends or decides the appropriate remedial strategy or legal action to be taken on past due accounts and on accounts endorsed for litigation.
  • Prepares/reviews all pleadings for cases being personally handled/monitored, including internal foreclosure.
  • Coordinates with sheriffs & AAMDD and participates in the enforcement of writs of execution, possession or attachment.
  • Drafts/reviews the necessary bank documents and agreements.
  • Renders legal opinions on queries and makes recommendations on actions to be taken on past due accounts and on various institutional queries.
  • Evaluates facts and evidence and researches on laws and jurisprudence to provide legal advice that shall support the Bank's claims and defenses
  • Addresses all legal risk-related matters which are potential litigation issues.
  • Provides legal service and support to the Bank’s different departments, particularly to SAMG, CLG, IBS, Credit, Branches and AAMDD.
  • Renders other appropriate legal service/s as the need arises, or as may be especially assigned from time to time.
  • Performs other related functions that may be assigned from time to time

Qualifications:

  • Registered Lawyer
  • Minimum of 2 years as a lawyer; substantial experience in litigation is required
  • Banking experience is an advantage but not required

 

Other Details:

Rank: Junior Officer

Unit: Financial and Control Sector / Legal and Remedial Services Group / Remedial and Administrative Services Division / Remedial Department
Location: The Shops BGC, Taguig City