Jr Legal Counsel

TRBank, Inc. (A Rural Bank); Rizal; On-site; PHP 334,800 - 558,000; Full time

Job summary

TRBank, Inc. (A Rural Bank) is seeking a legal specialist to handle foreclosures and delinquent accounts in Nueva Ecija, Philippines. The role involves preparing legal documents, managing the bank's assets, and representing the bank in court. Ideal candidates should be equipped to advise on compliance and legal risks, ensuring swift asset turnover. Responsibilities include reviewing contracts, resolving legal issues, and liaising with public prosecutors. The position offers an excellent opportunity to contribute to the bank's legal operations.

Responsibilities

• Prepare endorsed foreclosed accounts for legal proceedings.
• Handle legal processes for bank-acquired assets.
• Provide administrative assistance in legal matters.
• Represent the bank in criminal cases.
• Manage delinquent accounts to minimize losses.
• Send demand letters to defaulting customers.
• Assist in resolving legal impediments to property sales.
• Advise on legal risks and compliance in asset management.

Job description

Job Description

• Generally tasked to ensure that endorsed foreclosed and dacion accounts are prepared timely for pleadings and motions preparation, assessment, filing and related documentation.
• Handles legal processes involving writ of possession (WOP) and related property proceedings for bank acquired assets.
• Responsible for providing administrative assistance to the team, reviewing contracts and other legal documents.
• Appears as bank authorized representative / complaining witness for and on behalf of the Bank in the prosecution of criminal cases in the Office of the Prosecutor and before the courts of justice having jurisdiction over the claims under the direct control and supervision of Public Prosecutor.
• Manages the delinquent/defaulted account's portfolio to minimize losses and maximize recovery.
• Initiates demand and reminder letters to all defaulting customers and reviews all Sales Contract Receivables (SCR) files for proper documentation and monitoring.
• Assists in the expeditious turnover and sale of foreclosed properties by resolving legal impediments.
• Advises the Asset Management Team on legal risks, compliance requirements and best practices in property disposition.