Head - Legal - BFSI

1. JOB PURPOSE

(Briefly describe the general purpose of the position or its significance from the organisation's point of view and how it contributes to the overall mission/objective of the organization).

To lead the legal team of the organization in discharge of its role for advising , documentation and litigation with respect to Infrastructure Project Finance, Corporate Finance, Retail Finance , Mutual Fund and other products across the Financial Services Business.

This position is responsible for addressing all legal issues of the organization and Leading a team of 10 to 12 on roll legal professionals with an objective to act as a business enabler.

2.Key Responsibilities:

(List the responsibilities/duties associated with the job and the major activities associated with each responsibility. For each responsibility/duty listed, give the factors on which an individuals performance is judged).

1. Head Legal : As Head Legal, this position is responsible for addressing all legal issue of the organization, either through in house resources or through external resources.

2. Advising : This position is responsible for advising business and support functions on legal issues touching their day to day work, business of the Company, new developments in the field of law, Regulatory and statutory updates, Latest case laws, advising on Structured transactions and Review of Documents from time to time etc. This position is also responsible for conducting due diligence on the Borrower companies whenever called upon to do so, on case to case basis.

3. Strategizing the legal actions : This position is responsible for strategizing the Corporate/ litigation actions on behalf of the Company. For that, he has to engage in continuous discussions with the Project Finance Team and other Business Groups to understand their requirements.

4. Documentation : This position is responsible for Attending the Credit Committee Meetings, Management Committee Meetings , Review Meeting with business teams and clients, Drafting and negotiation of documents in order to maintain turn around time and Successful Closure of transactions.

5. Leading a Team : This position is responsible for leading a team of 10 to 12 on roll legal professionals working in different capacities.

6. Development of Systems and Processes : This position is responsible for development of systems and processes and their effective working in order to ensure smooth functioning of the department as well as achievement of the Organizational, Department and individual goals in terms of KPIs / KRAs. This position is also responsible for maintenance, updating and timely circulation of MIS w.r.t. legal cases ( sec 138 matters) to all concerned.

7. Team Development : This position is responsible for training & development and growth of the team members by conducting Continuous Learning Process, Training Programmes, Team building exercises, Team Outings and overall Career development of the team members

8. HR Related issues : This position is responsible for manpower planning of the department, preparing budget of the department, recruitment and performance appraisal of the team members.

9. Networking: This position is responsible for the establishing and developing network with Law Firms, Advocates, Senior Counsels, RBI / SEBI legal officials, police authorities, various offices attached to the court, legal professionals working in other companies, etc. This positions is also responsible for empanelment of Law Firms and Lawyers and other service providers pan India.

Direct Reports -10 to 12

3. SKILLS AND KNOWLEDGE

(State the minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent).

Educational Qualifications

LLB

Post graduate diploma in law subject ( preferable )

Functional Skills

In depth understanding of all aspects of financial services business especially from legal prospective Excellent network with Law Firms, legal professionals from other banks and NBFCs .

Excellent communication skills

Relevant and total years of Experience

Litigation and Corporate experience of more than 12 years.

Thorough knowledge of General and Commercial Laws, Laws relating to Banking and NBFCs, Corporate Laws, Criminal Laws, RBI and SEBI regulations etc.

Practical knowledge of court processes and actual court working;