Job Opportunity: Chief Manager (Legal) At Central Registry Of Securitisation Asset Reconstruction And Security Interest
Table of Contents
- About CERSAI and the role
- Key details at a glance
- Eligibility criteria
- Core responsibilities
- Selection and terms
- Application process
- Ideal candidate profile
- Why this role
- Quick reference table
- Application checklist
CERSAI is inviting applications for one Chief Manager (Legal) at E-3 level with a pay scale of ₹60,000–₹1,80,000, seeking LL.B. graduates with at least 8 years’ post-qualification experience in drafting/vetting, corporate law, compliance, and litigation/arbitration in banking, FIs, PSUs or CPSEs; the last date to apply online is 31 October 2025.
About CERSAI and the role
The Central Registry of Securitisation Asset Reconstruction and Security Interest of India is a Government of India company under the Companies Act, serving as the central registry for recording security interests to prevent frauds like multiple financing on the same asset under SARFAESI and related frameworks, with the post based primarily at New Delhi and transferable as required.
The Chief Manager (Legal) will anchor legal documentation, regulatory compliance, and contentious matters across DRTs, civil/criminal courts, and arbitration, with a premium on expertise in securitisation, security interest creation, and recovery-linked proceedings.
Key details at a glance
- Post: Chief Manager (Legal), E‑3.
- Vacancies: 01.
- Pay scale: ₹60,000–₹1,80,000 (IDA) with CPSE allowances as applicable.
- Age limit: Maximum 40 years (as per notification cut-off).
- Mode: Regular recruitment through online application on CERSAI’s portal.
- Last date: 31 October 2025.
Eligibility criteria
- Education: Regular full-time LL.B. (3 years) or 5‑year integrated law degree from a recognized university with first division/equivalent CGPA and at least 50% marks.
- Experience: Minimum 8 years PQE in drafting/vetting/execution of legal documents, corporate law, contract management, legal compliance, and litigation/arbitration; preference for candidates able to analyze legal/security packages and handle documentation independently.
- Sector experience: Banks/Financial Institutions/PSUs/CPSEs exposure preferred given CERSAI’s statutory mandate and financial sector interfaces.
Core responsibilities
- Draft and vet transactional documents and security creation instruments, ensuring alignment with SARFAESI, RDB Act, IBC, and allied regulations.
- Manage DRT/DRAT, civil/criminal court, and arbitration matters, coordinate with external counsel, and drive recovery/legal strategy outcomes.
- Oversee legal compliance and governance, prepare legal opinions, and support product/policy changes for registry operations and integrations with lenders.
- Review and strengthen documentation standards for collateral/security interest filings, resolve stakeholder queries, and support audit/regulatory inspections.
Selection and terms
- Selection is conducted as per CERSAI’s recruitment rules indicated in Advertisement No. 02/2025 covering 11 regular managerial posts including Chief Manager (Legal), with online application and subsequent evaluation stages.
- Compensation follows IDA pay scales with CPSE-linked allowances; indicative CTC approximations near ₹18 lakh per annum are referenced by third-party summaries for E‑3, subject to organization policy and location.
Application process
- Apply online through the official CERSAI recruitment portal within the window 1–31 October 2025; ensure accurate details and requisite document uploads per proforma.
- Shortlisted candidates will be contacted for further steps; maintain readiness with degree transcripts, experience certificates, and detailed matter lists evidencing PQE in banking/financial litigation and documentation.
Ideal candidate profile
- Demonstrated track record in securitisation, collateral documentation, and enforcement workflows across DRTs/arbitration, with the ability to independently lead documentation and dispute strategy end-to-end.
- Strong grasp of corporate/commercial statutes impacting lenders and registries, including SARFAESI, RDB Act, IBC, Companies Act, and allied rules, with crisp legal drafting and advisory skills.
Why this role
- The position offers high-impact work at the nexus of secured lending infrastructure and legal enforcement, influencing data integrity and deterrence of fraudulent encumbrances nationwide.
- It provides leadership scope in a Government of India company with structured CPSE compensation and a mandate central to India’s credit ecosystem modernization.
Quick reference table
| Item | Details |
|---|---|
| Organization | CERSAI (Govt. of India company) |
| Post | Chief Manager (Legal), E‑3 |
| Vacancies | 01 |
| Pay scale | ₹60,000–₹1,80,000 (IDA) |
| Age limit | 40 years max (as per notification) |
| Qualification | LL.B. or 5‑year integrated law; minimum 50% marks; first division/equivalent CGPA |
| Experience | 8 years PQE in drafting/vetting, corporate law, compliance, DRT/courts/arbitration; security package analysis preferred |
| Mode | Online application (regular post) |
| Last date | 31 October 2025 |
| Location | Head Office New Delhi; transferable |
Application checklist
- Map PQE to SARFAESI/DRT/IBC documentation and enforcement; prepare 2–3 concise case summaries showing recovery outcomes or documentation improvements.
- Collate transcripts, experience and relieving letters, and a matter‑wise litigation/transaction sheet; proofread the application for accuracy before submission.
- Submit before 31 October 2025 and monitor the portal/email for scheduling of next steps and document verification requests.
Official Notification: https://cersaireg.com/home
