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01/02 Vinod
HR Recruiter at Live Connections

Views:1932 Applications:46 Rec. Actions:Recruiter Actions:5

Vice President - Corporate Legal - Real Estate (15-23 yrs)

Bangalore Job Code: 537216

Applicant should have current 5 years of work exp in to Real Estate.

Reporting to GEB, CEO Location Bangalore

Job Objective - To lead and direct the legal function in order to ensure effective management of legal, contractual and compliance matters. Support identification and mitigation of legal risks for the firm and operations

- To secure litigation free properties with clear titles through effective management of all legal and compliance matters and ensure its smooth handover to the customer

Perspectives Key Responsibilities :

Strategic :

- Play the role of a key influencer in industry interest group thereby enabling company to have a say in shaping of Government policies with respect to Real Estate

- Provide legal support to leadership in policy formulation for the company

- Develop guidelines to manage contracts effectively so as to minimize exposure of company to claims and litigation

- Build rapport and develop sustainable relationships with the land owners which would aid in further property acquisition from or through them

- Build and maintain relationships with recognized external advocates from a long-term perspective to ensure cost effective and preferential services for company

- Survey the environment to keep abreast of changes in the regulatory framework, legal formalities and compliances pertaining to the Real Estate industry; provide inputs to the Top Management to capitalize on emerging opportunities and trends

- Provide functional guidance to ensure standardization of Legal practices; act as the final authority on all decisions with respect to the Legal matters across the organization

Operational :

- Coordinate with the Government & Regulatory Authorities for obtaining sanctions & licenses

- Keep track of existing laws and changes to laws governing urban and rural land development. Help the leadership in capitalizing on any emerging opportunities for the benefit of the organization

- Guide the Leadership in interpretation of local by-laws and rules while entering into any land deal

- Review, negotiate and finalize documents (MOU, Joint Development Agreement, Lease Deed, Sales Deed, Space Sharing Agreement, Agreement to Sell, Agreement to Build etc.) from a legal perspective, ensuring minimal / no risk to company

- Resolve any contractual issues developed while working with clients, JV partners, sub-contractors, contract employees, vendors, service providers etc.

- Drive timely Brand registration and renewals to shield the company Brand from risk (fraud, piracy etc.) under Trade Marks, Patents Acts

- Work closely with Bankers to obtain project approvals by providing required documentation support; coordinate with Marketing Department for additional documentation (if required)

- Identify and empanel external legal counsels and consultants for various jobs as and when required

- Work closely with external advocates to finalize pleadings to be filed before the relevant courts; provide necessary guidance to Managers to present the evidence before the court

- Evaluate land records and conduct a thorough due diligence for all deals and transactions; highlight concern areas / gaps and recommend risk mitigation strategies / options

- Work closely with the Liaison Department to ensure timely completion of the conversion process / land usage and Khatha transfer / clubbing / bifurcation related activities

- Drive circulation of information / legal updates (latest amendments, gazette notifications, government orders etc.) to all concerned departments / employees in company to ensure that everybody is well informed

- Lead the development of a mechanism to check and counter-check adherence to legal/ statutory compliances across all the departments and regions

- Lead the development of a database of Land owners, Advocates and Project specific details (residential, commercial and retail); continuously update the same

- Track and foresee impending legal risks across and develop timely interventions to prevent business loss

- Ensure timely and efficient coordination with business partners for gaining clarity on all issues of disputes and policy interpretation

- Provide timely support to Internal Departments on all legal related matters; standardize the protocols for legal support and control processes across company

Financial - Minimize penalties due to oversight / errors in legal and compliance matters pertaining to land acquisition

- Minimize monetary losses due to project delays due to pending litigation

- Prepare Annual Budget for the department and obtain management approval

- Monitor the budget utilization; study and analyse any deviation from budget and take corrective action, as required

People :

- Actively participate in recruitment of senior roles within the Department

- Undertake performance management for Departmental staff / personnel

- Assess and fulfil training and career development requirements

- Foster an environment of learning, excellence and innovation within all aspects of team work

- Mentor and coach subordinates to develop the team's capabilities

- Play an active role in ensuring role clarity and establishing value orientation in employees

Perspective / Key Focus Areas Key Result Areas (KRAs) Key Performance Indicators (KPIs)

Execution Excellence Financials :

- % reduction in cost escalations due to legal liabilities/cost due to inaccuracy of in legal validations/legal non-compliance etc.

Delivery :

- % adherence to timelines for:

- Completing legal due diligence/registration for new land acquisition

- Vetting of various documents/ agreements shared with external parties

Quality :

- Number of out of court settlements as a percentage of total litigation cases

Innovation New Ideas

- Number of new ideas generated from the team

Benefits Realization

- Benefits realized from implementation of initiatives in the legal department

People Management Engaged Workforce

- Employee engagement index for team

- % adherence to timelines for completion of performance management related processes for self and team

Employee Capability Building - Target vs. Actual no. of Training man-days for team

Qualification - Masters in Law / Business Law

Experience - 10 - 15 years of experience with at least 5 years experience in the Legal Function within the Real Estate industry


Contact Vinod : 8296896864

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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