Health insurance

Job/Soft skill training

Cafeteria

Office gym

Child care facility

Office cab/shuttle

Dmi Finance Reviews by Employees

Manager

Senior Manager

Software Engineer

Agency Collection Manager

Assistant Manager

Collections Manager

Senior Software Engineer

Job Purpose: - The Vice President - Litigation will lead the organization's litigation strategy across its diversified financial services businesses including NBFC operations, housing finance, real estate lending, and payment wallet services. - This senior role is responsible for managing complex litigation matters, mitigating legal risks, and protecting the company's interests while ensuring regulatory compliance across all business verticals. - This key leadership position requires a litigation specialist who can navigate complex legal challenges across multiple financial services verticals while supporting the organization's growth and risk management objectives. Reporting: Group Litigation & Enforcement Head Key Responsibilities: A. Litigation Management - Develop and implement comprehensive litigation strategies for all business verticals including NBFC, housing finance, real estate, and payment services. - Oversee a diverse portfolio of cases including recovery proceedings, consumer disputes, regulatory actions, and commercial litigation. - Manage specialized proceedings under SARFAESI Act, DRT/DRAT filings, section 138 cases, arbitration proceedings, and insolvency matters. - Direct and supervise external counsel while managing litigation budgets effectively. - Represent the company in high-stakes litigation and settlement negotiations B. Recovery & Enforcement: - Design and implement effective recovery strategies for delinquent loans across business segments. - Oversee legal proceedings for mortgage enforcement, property possession, and auction processes. - Develop specialized approaches for different asset classes including residential properties, commercial real estate, and MSME assets. - Monitor and improve recovery timelines and success rates through process optimization. - Coordinate with business and collection teams to prioritize enforcement actions based on portfolio needs. C. Regulatory & Compliance - Provide litigation perspective to compliance initiatives across RBI, NHB, SEBI, and other relevant regulatory frameworks. - Manage responses to regulatory notices, inquiries, and show-cause proceedings. - Develop litigation avoidance strategies through proactive compliance measures. - Keep management informed about litigation-related regulatory developments and their business impact. - Represent the company before regulatory authorities during hearings and proceedings. D. External Counsel Management - Select, engage, and manage relationships with external law firms and litigation counsel. - Negotiate fee arrangements and billing structures to optimize legal spend. - Evaluate and monitor performance of outside counsel to ensure quality representation. - Collaborate with external counsel to develop case strategies and litigation approaches. E. Internal Consultation & Leadership - Provide expert legal advice to executive leadership on litigation matters and dispute resolution - Partner with business leaders to align litigation strategy with overall business objectives. - Lead and mentor litigation team members, providing professional development opportunities. - Collaborate cross-functionally with other legal teams (regulatory, compliance, etc.) F. Case Assessment & Resolution - Assess merits, risks, and potential outcomes of pending and threatened litigation. - Determine appropriate dispute resolution approaches (litigation, arbitration, mediation). - Develop settlement strategies and participate in settlement negotiations. - Make recommendations regarding when to litigate versus when to settle. G. Risk Management - Identify emerging litigation risks across the financial services ecosystem. - Develop risk mitigation strategies and early warning systems. - Provide litigation risk assessments for new products, business initiatives, and market expansions. - Conduct periodic litigation portfolio reviews to identify trends and systemic issues. - Advise senior management on significant litigation exposures and their potential business impact. H. Reporting Systems & Documentation - Develop standardized approaches for common dispute categories. - Collaborate with business teams to refine documentation and practices that minimize litigation risk. - Contribute litigation insights to overall legal strategy and departmental planning I. Reporting & Communication - Provide regular reporting on litigation matters to senior management and board of directors. - Develop litigation budgets and monitor expenses against forecasts. - Create and maintain litigation reporting systems and metrics. - Communicate potential material litigation risks to appropriate stakeholders. Education & Experience: - Law degree from a recognized university; additional qualifications in banking/finance law preferred. - 15+ years of litigation experience with at least 8 years specializing in financial services litigation. - Significant experience managing SARFAESI proceedings, DRT/DRAT matters etc, and recovery cases. - Strong track record in handling complex commercial litigation and regulatory proceedings. - Experience in managing legal teams and external counsel relationships. Knowledge & Skills: - In-depth knowledge of laws and regulations governing NBFCs, HFCs, real estate lending, and payment systems. - Expertise in recovery laws, debt enforcement, and security realization. - Strong understanding of RBI, NHB, and payment-related regulatory frameworks. - Familiarity with court procedures, arbitration processes, and alternative dispute resolution. Professional Attributes: - Strategic thinking with ability to balance legal considerations with business objectives. - Excellent negotiation and dispute resolution skills. - Superior analytical abilities and judgment in complex legal scenarios. - Outstanding written and verbal communication skills. - Ability to manage high-pressure situations and competing priorities.

Delhi

DMI Finance - Vice President - Litigation 

Job Description for DMI Finance - Vice President - Litigation  in DMI Finance Private Limited in  Delhi for (15-18) years of experience. Apply Now!

DMI Finance - Vice President - Litigation  | iimjobs.com