About the Role:
We, at Fibe are seeking a dynamic and self-driven Junior Legal Associate to join our Legal Department, with a
focus on collections. The ideal candidate will assist in managing the legal aspects of debt recovery and collections
processes.
Core Responsibilities:
- Assist in drafting and reviewing legal documents related to debt recovery, including demand letters, notices, and settlement agreements etc.
- Attend Courts hearings, presenting oral and documentary evidence on any legal related matter as a representative of Fibe.
- Conduct legal research on relevant laws, regulations, and precedents pertaining to debt collection practices.
- Collaborate with internal stakeholders, including collections teams and external legal counsel, to develop effective strategies for debt recovery.
- Assist in monitoring and managing litigation cases, including tracking case progress, preparing documentation, and attending court hearings when necessary.
- Prepare legal drafts for notices and replies and assist in Arbitration proceeding and execution of arbitration orders & awards.
- Maintain accurate and organized records of all collection-related activities and correspondence.
- Stay up to date on changes in relevant laws and regulations governing debt collection practices and ensure compliance with internal policies and procedures.
- Facilitate communication and coordination with advocates for effective legal representation.
- Provide support to senior legal staff as needed on other legal matters within the department.
Preference and Experience:
- Bachelors degree in law from a recognized institution. (LLB or equivalent)
- 1-2 years of experience in a legal role, preferably with exposure to debt recovery and collections.
- Strong understanding of relevant laws and regulations governing debt collection practices, including but not limited to the [insert relevant regulations in your jurisdiction].
- Excellent research, analytical, and problem-solving skills.
- Effective communication skills, both written and verbal.
- Ability to work independently and collaboratively in a fast-paced environment.
- Attention to detail and ability to manage multiple tasks simultaneously.
- Proficiency in MS Office suite and legal research tools.
- Experience working in the financial services industry, particularly within an NBFC or banking institution.
- Familiarity with case management software and legal databases.
- Certification or additional training in debt collection practices or related legal areas..