About the Company:

We are a new NBFC focused on empowering Small and Medium Enterprises (SME) through tailored financing solutions, including supply chain and working capital financing solutions. As a startup, we are building agile processes and tech-driven operations to scale rapidly while ensuring compliance and customer satisfaction.

Role Overview:

We are seeking a legal head to lead legal and risk vertical, handle all documentation relating to digital bill discounting facilities, compliance of regulatory guidelines and coordination with legal vendors.

Key Responsibilities:

Legal Documentation :

- Develop and continuously refine loan documents, contracts, and agreements pertaining to digital bill discounting loans to ensure compliance and effectiveness.

- Establish and maintain productive relationships with external legal counsel to facilitate comprehensive legal support.

- Draft, revise, and finalize all legal correspondence with customers, including term sheets, loan sanction documents, notices, and other essential loan-related documents.

- Review and finalize contracts with technical and outsourcing vendors, ensuring alignment with RBI guidelines and organizational policies.

- Provide consistent and strategic legal support to credit, sales, and operations teams, addressing queries related to bill discounting and other lending practices.

- Collaborate with business teams to deliver timely legal opinions that aid in risk identification and mitigation, thereby enabling informed decision-making.

- Develop guidelines and standard operating procedures (SOPs) to streamline legal processes and enhance operational efficiency.

- Conduct legal audits to identify potential compliance gaps and recommend actionable solutions to mitigate legal risks.

- Train, mentor, and provide guidance to legal officers on legal considerations specific to SME lending and digital bill discounting practices.

Compliance & Risk Management :

- Ensure compliance with RBI, NBFC, and local lending regulations.

- Implement strong KYC/AML processes to prevent fraud.

- Partner with internal audit & compliance teams for periodic checks and ensure error free documentation.

- Maintain accurate and audit-ready loan operation records.

Customer Experience :

- Ensure a seamless loan disbursement experience.

- Act as an escalation point for operational issues.

- Drive initiatives to reduce customer complaints and TAT delays.

Key Skills & Qualifications:

- LLB/LLM qualification mandatory.

- 5-10 years' experience in NBFC/BFSI preferably in Invoice discounting and Supply chain financing

- Strong knowledge of laws related to bill discounting

- Hands on knowledge of digital lending

- Good drafting, communication & negotiation skills.

- Ability to handle multiple cases & provide quick solutions.