- Prudent is a Composite Insurance Broker regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and headquartered in Mumbai, India.

- Prudent is one of the leading insurance brokers in the country. We specialize in building long-term relationships and instilling confidence in our partners.

- As a partner-focused organization, we are committed to delivering best-in-class insurance solutions and services tailored to meet the diverse needs of our clients.

- Recognition: Great Place to Work 2024 and 2025 This achievement reflects our unwavering commitment to fostering a workplace where innovation, collaboration, and success go hand in hand. We thank each Prudent family member for being the driving force behind our success.

Role Overview:

The Head of Legal will serve as the principal legal advisor to the management and the Board, overseeing all legal aspects of business operations. The primary objective of this role is to ensure the company operates within the legal and regulatory framework, mitigates legal risks, and provides strategic legal guidance aligned with business objectives in the dynamic BFSI landscape.

Required Qualifications and Skills:

Education:

- Bachelors degree in Law (LLB) is mandatory

- Masters degree in Law (LLM) is preferred

Experience:

- Minimum of 15-18 years of post-qualification legal experience

- Significant experience in a legal or compliance leadership role within the BFSI sector (Banking, NBFC, Fintech, Housing Finance, Insurance Broking) is essential

- Proven track record in handling complex legal negotiations, documentation, and managing high-stakes litigation

- Prior cross-border exposure/experience

Knowledge:

- In-depth knowledge of relevant laws, including the IRDA Act, SARFAESI Act, IBC, Company Law, and RBI/SEBI/IRDAI guidelines

- Strong understanding of banking operations, lending laws, credit structuring, and recovery processes

Skills:

- Exceptional leadership, communication, and interpersonal skills

- Strong analytical, problem-solving, and decision-making abilities

- High ethical standards and professional integrity

- Ability to work under pressure in a fast-paced, highly regulated environment

Key Responsibilities:

Strategic Legal Counsel:

- Provide expert, strategic, and timely legal advice to senior management and business units on complex legal matters, including investments, transactions, and risk management strategies

Regulatory Compliance Oversight

- Ensure adherence to all regulatory requirements and guidelines issued by IRDA, RBI, SEBI, IRDAI, and other applicable authorities

- Monitor changes in legislation and implement necessary internal policy updates

Litigation and Dispute Management:

- Oversee and manage all legal disputes, litigation, arbitration, and recovery proceedings (including matters under SARFAESI Act, IBC, and N.I. Act) filed by or against the company

- Manage empanelment and performance of external legal counsel

Contract Management and Documentation:

- Lead drafting, review, and negotiation of complex contracts, agreements, loan documents, MoUs, service contracts, and other legal instruments to safeguard the companys interests

Risk Management

- Identify potential legal and regulatory risks and develop proactive mitigation strategies

- Implement robust compliance programs

Team Leadership and Development:

- Build, lead, and mentor a high-performing in-house legal team

- Foster a culture of compliance and ethical conduct

Corporate Governance:

- Advise on corporate governance matters and ensure alignment with applicable legal standards

Liaison with Stakeholders

- Act as the primary liaison with regulatory bodies for filings and responses to notices

- Collaborate with internal stakeholders (Credit, Recovery, HR, Finance) to ensure alignment with legal policies

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