Company Profile :   NeoGrowth Credit Private Limited is a non-deposit taking and non-systemically important NBFC registered with RBI. We have found a niche in the lending business targeting small and medium sized retailers who find it difficult to get financed by traditional financial institutions. The loan offering is quite unique in terms of its parameters such as monetisation of future cash flows from payment cards swiped on Point-of-Sale terminal, flexibility in repayment, and partnership spirit.  It is a one-of-the-kind offering and will create a separate industry in the country. We have developed a specialised technology platform to cater to our special product. We also have a CIBIL membership and access to consumer as well as commercial credit data. NeoGrowth is driven by innovation, technology and entrepreneurial spirit in each sphere. NeoGrowth has launched its business operations in Mumbai with plans to establish presence all across India over the next three years.  By then, we should have an asset base of Rs 1,000 Cr and 500 employees.  Neo Growth intends to develop a business framework which would not only encompass traditional lending segment but also have a strong customer relationship program. The development of this framework will lead to engagement programs which would be customised for merchants and hence have a relation which would be independent of the loan. This is expected to be a unique feature in the product bouquet and lead to opportunities in having a very strong fee based presence in the financials.  The company operates out of its head office in Mumbai. NeoGrowth has been set up by Mr Dhruv Khaitan and Mr Piyush Khaitan, who had earlier set up Venture Infotek, a transaction processing Infrastructure Company for card-based payments that grew into the market leader. They sold it to Atos of France, the biggest IT company in France, in the mid of 2010.  Qualification: LLB + CS mandatory  Experience: 10 + years  Industries preferred: NBFC/ Banking  Roles & Responsibilities :   Main area of work would involve Litigation and drafting of legal documents for extending loans. S/he will be assisted by a team of four to five persons (From Corporate Legal, Secretarial and Retail Litigation).   The detailed role and responsibilities are highlighted here under :   Litigation :  - National role, handling litigation for the NBFC throughout India.   - Drafting and vetting of Agreements, Deeds, Settlements and consent terms   - Advising the team on the strategy to be adopted for litigation in crucial cases   - Involved in advising the Collection and Recovery teams spread over multiple locations in India   - Discussions with the legal retainers and evaluation of retainers   - Appointment and Empanelment of advocates   - Sanctioning of legal expense and professional fees of lawyers   - Monitoring of the litigation portfolio and maintaining good rate of recovery   - Crisis management in the event of arrest and adverse media campaigns against the NBFC on legal issues.   - Imparting legal training to the entire Collection / Legal team throughout India, for creating basic legal awareness.   - Liaison with Banking Regulatory Authorities like Office of Banking Ombudsman and Department of Banking Supervision, Reserve Bank of India.   - Identifying and suggesting process changes for effective legal recourse and recovery   - Management of the litigation portfolio (for and against cases) throughout India.   Secretarial and Documentation :  - Overall legal compliance   - Ensure effective and smooth organisation of secretarial function, filing of all necessary documents with respective government authorities.   - Sustained success in defending legal suits at optimum legal costs.  - Providing opinion/inputs to the Credit Underwriting Team / Management on the acceptability of the documents or deficiencies/ risks in the documents   - Providing opinion to the Credit Underwriting Team / Management on the mortgage ability of the land / property in question and the nature of mortgage to be created to secure the proposed lending   - Coordinating with various clients for collection of legal documents from them (Title documents, Plan approvals, Government approvals, SRA documents, Joint Development Agreements, Tenant Settlement Agreements, Lease Agreements, Search Reports etc.) required to be studied to get an understanding on the legality / sufficiency of approvals for the project (s) under consideration for lending opportunities.   - Drafting / Modification of various loan agreements / undertakings to secure various lending transactions   - Providing list of documents required to create valid security   - Effecting security / charge creation and execution of various loan documents  Qualification & Experience :   - Bachelors/Masters degree in law   - Minimum 15+ years of relevant work experience in a lending environment in a Bank or NBFC  Reports To : CFO  Place of posting : Mumbai  Salary will be commensurate with experience and skill sets and will be matching the best in the industry. Salary package will have the fixed and variable component as per industry norms.

Mumbai

NeoGrowth - Assistant Vice President - Legal - LLB + CS 

NeoGrowth - Assistant Vice President - Legal - LLB + CS  ,Job Description for NeoGrowth - Assistant Vice President - Legal - LLB + CS  in Confidential in  Mumbai for (15-20) years of experience. Apply Now!

Job Description for NeoGrowth - Assistant Vice President - Legal - LLB + CS  in Confidential in  Mumbai for (15-20) years of experience. Apply Now!