Assistant Manager Legal

6 - 10 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The Assistant Legal Manager will support the legal function of the company with a focus on auto loan documentation, litigation handling, recovery support, vendor contracts, and regulatory compliance. You must have strong knowledge of NBFC operations, SARFAESI, arbitration laws, civil/criminal procedures, and recovery litigation processes. Manage litigation matters related to auto loan defaults, including Demand Notice, Arbitration Process, Section 138, Section 9&17, and Loan Recovery Notice. Coordinate with external law firms and advocates for filing and defending cases. Assist business and collections teams in handling delinquency recovery and legal notices. Track and manage recovery legal matters end-to-end. Review and vet loan agreements, hypothecation agreements, and other customer-facing legal documents. Ensure compliance with RBI guidelines and internal policies in all legal documentation. Draft, review, and negotiate vendor agreements, empanelment contracts, lease agreements, and service-level agreements (SLAs). Maintain a repository of all contracts and track renewals and obligations. Stay updated with applicable laws (RBI, NBFC, Motor Vehicles Act, Consumer Protection, etc.) and ensure internal processes adhere to regulations. Liaise with compliance team on audits, inspections, and regulatory filings. Advise internal stakeholders on potential legal risks and mitigation strategies. Participate in internal policy and process reviews from a legal lens. Qualifications: LLB (mandatory), LLM (preferred). 6-8 years of legal experience, preferably in NBFC / Banking / Auto Finance / Law firm handling financial sector clients. Skills Required: Strong knowledge of auto loan processes, recovery laws, and NBFC regulations. Excellent drafting, negotiation, and communication skills. Ability to manage multiple legal matters and work with cross-functional teams. Proficiency in MS Office, legal MIS reporting, and documentation systems. Preferred Background: Prior experience working in or for an NBFC or Banks auto loan/legal recovery division. Experience handling litigation portfolios across multiple states/courts.,

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