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Senior Associate, Legal Manager, Risk Management Group

Job Description / Requirements* Vendor management* Assess and appoint new legal vendors as per bank policy* Renew existing legal vendors basis internal review on performance* Track blacklisted legal firms to ensure that the partners / individuals are not engaged with DBS without explicit approval from DBS Internal legal team.* Maintain MIS for total of empaneled vendors and track dormant vendors, if any; further steps like de-empanelling to be done in suitable cases of dormant vendors.* Track changes in vendor firm composition and initiate necessary actions.* Feedback to vendors regarding end to end TAT management from legal verification initiation to final signed legal report submission.* Documentation* Hidnsight function - Title search and ownership verification on sample basis for each branch, basis legal vendor reports on below parameters* Advisory function* Risk and compliance – identify, assess and mitigate legal risks; ensure adherence to location specific regulatory requirements* Collections* Fraud prevention* * Invoice processing of legal vendors within agreed time lines.

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