Assistant Manager/ Manager Legal

Job Description

KEY SKILLS & COMPETENCIES: In-depth knowledge of RBI regulations applicable to NBFCs, including the RBI Master Direction for NBFCs, Digital Lending Guidelines, KYC norms, and Outsourcing Guidelines. Strong understanding of NBFC-LSP operating models, co-lending arrangements, and digital lending ecosystems. Experience in managing internal compliance controls for an NBFC and LSPs. Legal and contractual acumen to review lending and outsourcing agreements. Ability to interface with external partners. QUALIFICATIONS & EXPERIENCE: Bachelor s degree in law. Master s degree in law will be an additional advantage. Minimum 4 years of relevant experience in an NBFC, Bank or FinTechs operating in Digital Lending. Familiarity with NBFC regulatory matters, digital lending platforms is preferred. PRIMARY RESPONSIBILITIES : - Ensure provision of legal advice in framing/ review of policies and on all documents, contracts and agreements relating to the lending business to protect the organization against any legal exposure and minimize liability. Draft and review partnership agreements for NBFC and Banking partnerships and outsourcing arrangements with LSPs. Scan the regulatory environment, identify, interpret and analyze existing & new legislations/amendments & notifications that impact; bring to the notice of the appropriate functions about their implications and applicability. Advise and assist all stakeholders on both ongoing legal risks and anticipate on new legal risks, arising by virtue of new laws or regulations. Liaise and coordinate with partner NBFCs and Banks to structure new and existing products in compliance with applicable regulatory environments pertaining to lending and co-lending partnerships. Conduct regular internal diligence and risk assessments related to LSP operations and digital lending processes along with compliance function and partner lenders Coordinate with internal tech, product, and business teams to ensure compliant implementation of customer journeys and product features. Maintain documentation, SOPs, and MIS required for compliance, contractual requirements and internal/external regulatory audits.