Legal Officer
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Position Title: Legal Officer, Remedial Department
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).
Specific Duties & Responsibilities
- Personally handles assigned accounts/cases involving foreclosure, collections, defensive suits, replevin & other cases and attends hearings and trials thereof. Acts as a witness on accounts where no witness is available.
- Monitors accounts/cases endorsed to, and coordinates with the bank’s retained counsels.
- Makes progress reports of cases and accounts being handled.
- Regularly attends NPAC (weekly) to report on latest status of accounts/cases assigned.
- Evaluates and reviews all documents of accounts being endorsed for legal actions.
- Recommends or decides the appropriate legal action to be taken on accounts endorsed for litigation.
- Prepares all pleadings for cases being personally handled including internal foreclosure.
- Coordinates with sheriffs & AAMDD and participates in the enforcement of writs of execution, possession or attachment.
- Drafts the necessary bank documents and agreements.
- Renders legal opinions on past due accounts and various institutional queries.
- 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 assigned from time to time.
- Performs other related functions that may be assigned from time to time
Other Details:
Rank: Junior Officer
Unit: Financial & Control Sector / Legal and Remedial Services Group / Remedial and Administrative Services Division / Remedial Department
Location: The Shops, BGC, Taguig City