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13/05 Ramkumar
HR Head at Minions Ventures Pvt Ltd

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KredX - Head - Legal (12-15 yrs)

Bangalore Job Code: 1094857

Job Description -Legal Head

Company- KredX

URL- www.kredx.com

Position- Legal Head

Experience- 10-15 yrs

Work Location- Bangalore

We are a digital-first, Fintech company specializing in Supply Chain Finance.

- First and biggest fully digital cash flow based financing company in India

- Work in a multi-cloud environment collaborating with partners and industry veterans to adhere to best practices and ensure security and compliance

- Leveraging the latest technologies - whether at the backend, frontend, servers, DevOps, SaaS or open source - to grow in the competitive market

- Deep focus on user experience, system robustness and security

- Team from many different backgrounds and experiences across different geographies, sectors and tech stacks

- Close collaboration between product, engineering and data science to come up with the best in class products Founding Team Financials

- Founded in the year 2015 in Bangalore by IIT and Stanford alumni.

- Management backed up with more than 2 decades of experience in Technology, Banking and Finance

- Backed by multiple series of funding by Prime Venture Partners, Sequoia Capital and Tiger Global Management

What you can expect apart from attractive compensation at KredX, apart from monetary benefits ?

- Bi-annual appraisal cycle

- Need a break? We've got your back for 15 days in a year. We know that some of the best ideas come when you're on vacation

- Feeling blue? No problem! You get 12 days in a year to deal with this & rejuvenate your mind and body And a lot more.....We can discuss!

Job role:-

- This is a senior and a critical position and the incumbent of this position shall develop, create, and maintain policies and processes for an overall legal, secretarial, compliance and regulatory affairs program.

- The incumbent will be a part of the Executive Committee & will be responsible for working cross-functionally and proactively to plan, direct, and drive operations to accomplish short and long term goals.

- A successful candidate will lead the people of the organization to excel as both individuals and groups.

- He/She must be a leader who is able to help the organization move towards its growth agenda while creating a value-based organization.

Job Purpose :

- Provide comprehensive support to the business on legal & compliance issues and fulfill legal & secretarial requirements for corporate governance.

- Manage relationships with JV partners, build in-house legal capability. Institutionalize - compliance awareness & need for adherence.

- Manage relationships with regulators and government agencies with the objective to build & lead the regulatory & compliance function within statutory and legal guidelines.

Key Responsibilities:-

The key responsibilities shall focus on the following:

- Articulate the Legal & Compliance strategy that supports business strategy and incorporates leading practices

- Update & advise on corporate law impacting the business

- Recommend necessary actions and plans to the Management Committee in order to ensure sustainable business performance and shareholder value

- Be updated on the changing legal landscape regarding banking, financial and payment systems.

- Establish contact and relationship with regulators so as to be able to position the company in a correct fashion and able to articulate the company's position in front of the regulators.

- Provide overall support to Business on legal and compliance issues

- Devise systems and processes to ensure speedy response and resolution to in-house queries/ cases

- Responsible for drafting and negotiating all transactional agreements to ensure that the interest of the Company is protected and legal risks are mitigated

- Oversee the development of manuals and checklists to guide different functions on compliance issues

- Proactive management of litigation and advise/help internal stakeholders on the same

- Familiarize the management team on compliance issues and facilitate legal due diligence and provide the executive summary to the in house team

- Monitor compliance and recommend corrective action where necessary & ensure 100% filings

- Efficient management of the legal documents and ensure that critical documents are always in the company's custody and available for reference in an efficient manner

- Liaise with external counsels when required

- Fulfill legal, secretarial requirements for corporate governance

- Update and advise on corporate law impacting the business

- Call Board and shareholders meetings

- Ensure proper documentation that helps pre-empt/ prevent litigation by representing the company in court hearings and liaising with external counsel when required

- Support HR in employee motivation, competence building & retention initiatives

- Guide & motivate team & set objectives in line with employee capabilities & organizational requirements

- Enhance & strengthen governance including board committees, charters, and transparency in disclosures

- Develop and adapt systems and manage relationships with regulators, government agencies, Ministries and other regulatory authorities:

- Enhance organization's credibility and reputation with the regulatory authorities

- Establish an open and transparent relationship with the authorities to influence favorable outcomes and changes

- Participate in Councils/ Committees and other industry forums

Requirements:

Education- UG:LLB - Law (Tier 1 Colleges)

PG: Preferably MA- LLB

- 8 - 13 years post-qualification relevant experience post LLB/LLM

- Preferably a member of the Institute of Company Secretaries of India

- Experience in Banking and Financial Services will be preferred

- The candidate should be an LLB/LLM, preferably from a premier law institute in India

- The candidates should have strong legal domain expertise. He / She should have exposure to litigations & overall judicial environment

- The candidate should be a multi-faceted, talented Individual who can contribute to the success of the company

- The candidate should have a good understanding of managing & strategizing corporate actions

- Should have a high comfort level working in a cross-cultural & young environment

- The candidate should possess the tact and ability to negotiate with various stakeholders

- He/She should have the ability to operate across levels and geographical boundaries

- Expertise in Banking and Financial Services Law, Loan and Security Documentation, Recovery, Litigation, Arbitration, Payment and Settlement Act, SARFAESI, Company Act, Contract Laws

Key Performance Indicators :

The key measurable indicators will be :

- To make sure that the company's values are protected and adhered to all the time.

- Percentage and seriousness of non-compliance cases

- TAT for delivery of consults, documents and contracts and in house legal queries

- Adherence to legal & statutory compliances

- Adherence to defined Corporate Governance standards

- Timely and effective legal advise

- Strengthening team and retaining talent

- Human Capital Management

- Support HR in employee motivation, competence building & retention initiatives

- Identify career developmental needs & take appropriate actions to build an engaged and skilled workforce to deliver quality work

- Identify career developmental needs & take appropriate actions to build an engaged and skilled workforce to deliver quality work

Women-friendly workplace:

Maternity and Paternity Benefits

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