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09/06 Dimple Rathod
Senior Consultant at ABC Consultants

Views:405 Applications:96 Rec. Actions:Recruiter Actions:41

Head - Legal - NBFC - LLM (13-18 yrs)

Mumbai Job Code: 1108383

About the company:

The client is a Non-Banking Finance Company The client's primary business activities are into Asset Financing and Lending business (retail and wholesale)

Requirements and Qualifications:

- Masters degree in law

- Minimum 13- 18 years of relevant work experience in a lending environment

Roles & Responsibilities:

Main area of work would involve Litigation and drafting of legal documents for extending loans (Corporate & SME both as well as Retail )

The detailed role and responsibilities are highlighted here under:

- Involved in advising the Collection and Recovery teams

- Part of the Central Legal Unit

- Drafting and vetting of Agreements, Deeds, Settlements and consent terms

- Sanctioning of legal expense and professional fees of lawyers

- Monitoring of the litigation portfolio and maintaining good rate of recovery

- 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

Documentation:

- Providing opinion/inputs to the Credit Underwriting Team / Management on the acceptability of the documents or deficiencies/ risks in the documents

- 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

Women-friendly workplace:

Maternity and Paternity Benefits

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