Job
Description
Job Title: Legal Head Department: Legal & Compliance Reports To: Managing Director Job Summary: The Legal Head will oversee and manage all legal, regulatory, and compliance aspects of the NBFC’s operations. The role involves advising management on legal matters, ensuring compliance with RBI and other regulatory guidelines, managing litigation, and minimizing legal risks. The Legal Head will play a strategic role in safeguarding the legal interests of the company and maintaining strong governance standards. Key Responsibilities:1. Legal Advisory: · Provide strategic legal guidance to the Board and management on business operations, new initiatives, and transactions. · Draft, review, and negotiate loan agreements, vendor contracts, partnership MOUs, and service-level agreements. · Ensure enforceability of loan documentation and legal soundness of recovery processes. 2. Regulatory Compliance: · Ensure compliance with all relevant laws, rules, and regulations issued by RBI, SEBI, MCA, and other regulators. · Monitor changes in laws affecting NBFCs and ensure timely implementation of required changes. · Handle RBI inspections, audits, and correspondence efficiently. 3. Litigation & Dispute Resolution: · Manage all legal proceedings including SARFAESI actions, arbitration, recovery suits, and consumer complaints. · Coordinate with external legal counsels for case strategy and representation. · Maintain a tracker of ongoing and closed litigation cases. 4. Risk Management: · Identify and mitigate legal and regulatory risks in lending, recovery, collections, and customer interactions. · Implement internal controls and ensure adherence to policies and procedures. 5. Team Leadership & Coordination: · Lead and manage the in-house legal and compliance team. · Provide training and legal awareness to departments like Credit, Collection, Recovery, and Operations. 6. Governance Support: · Oversee the drafting and maintenance of statutory documents and registers. · Support Board and shareholder meetings with legally compliant documentation. Qualifications: · Bachelor's degree in Law (LLB) from a recognized university; LLM preferred. · Minimum 10–15 years of legal experience, with at least 5 years in a leadership role within an NBFC or BFSI sector. · Strong understanding of NBFC regulations, Companies Act, Contract Act, SARFAESI Act, and Arbitration laws. Key Skills: · In-depth knowledge of financial regulations and legal documentation · Excellent drafting, negotiation, and litigation management skills · Leadership and team management ability · Strong interpersonal and communication skills · Ethical, proactive, and business-oriented legal thinking Job Type: Full-time Pay: ₹20,000.00 - ₹25,000.00 per month Benefits: Provident Fund Schedule: Day shift Supplemental Pay: Yearly bonus Work Location: In person
