Legal Manager

Muthoot Fincorp Limited

Khandwa

Not disclosed

Work from Office

Full Time

Min. 6 Years

Job Details

Job Description

Legal Manager

Job Description

 

A

  Job Specification

1

Company Name

:

Muthoot Fincorp Limited

2

Position / Designation

:

     Legal Manager  – Secured & Unsecured Lending Business

3

Grade

:

E1

4

Employment Type

:

All Employment Type

5

Reporting to – 

Designation & Grade

:

Zonal Credit Head – Secured & Unsecured Lending Business 

6

No. of Reportees,

Designation & Grade

:

 

 

7

 

Main Tasks & Areas of Responsibility

:

Drafting and vetting of transaction documents

  • Finalizing the documents in connection with the acquisition of financial assets by ARC from other banks /financial institutions.
  • Devising all the documents for issuance for security receipts by ARC to qualified institutional buyers.
  • Overseeing all documents, process and compliance for additional investments into the ARC (e.g., additional equity or NCDs) and all agreements the ARC is a party too
  • To oversee external counsel/subject matter experts in connection with documentation

Set up and administer efficient systems and processes towards legal risk management

  • To anticipate and guard against legal and regulatory risks facing ARCs business
  • To set up, implement and periodically update Legal SOP comprising of standard procedure for administering/ managing legal functions involving corporate legal issues, dispute resolution, due diligence, DMS, empanelment etc.
  • To efficiently manage/ support other legal process initiatives including security release/ replacement, MIS, DMS, empanelment etc.
  • To keep informed of industry-specific regulations to ensure that appropriate risk management strategies are in place
  • To analyze legal and regulatory issues for their impact on specific investments, investment strategies and relevant regulatory implications

Dispute Resolution

  • To set-up efficient dispute resolution strategy.
  • Handling SARFAESI/ IBC and other legal matters before legal fora and with with external counsel.
  • To closely co-ordinate with lawyers on various forms of dispute resolution
  • To efficiently manage litigation data and documents including details of orders, awards, claims, counter-claims, litigation etc.

General Support

  • To provide support towards drafting and vetting of non-lending contracts, e.g., service provider agreement, non-disclosure agreements, I.T Contracts, H.R Contracts etc.
  • To provide opinion/ advise on any day to day/ legal issue.

To focus on skill enhancement & team development

  • Periodically conduct sessions/ seminars on concerned legal and regulatory subjects.
  • Arrange for training of the Legal Team, Compliance Team and Corporate Secretarial Team from time to time to keep the team updated with changing laws and precedents
  • To share legal updates with the relevant ABC and Varde representatives on legal and regulatory issues pertaining to AB ARC business.

Compliance

  • To develop and maintain strong knowledge of laws, regulations and industry best practices for ARCs, stressed and distressed asset acquisitions and restructurings.
  • To monitor and report on developments in compliance and regulatory arena.
  • To oversee the planning and execution of compliance programs, including monitoring, testing, identifying opportunities for improvement and communicating value added recommendations
  • To be responsible for ensuring compliance with applicable laws and regulations, regulatory and compliance filing activities, detecting any compliance issues and executing correction actions to correct compliance issues.
  • Oversee regulatory examinations, inquiries and other data requests.

 

 

8

Skills and Exposure

:

 

9

Special Requirements (If any)

:

Must have experience in Secured lending / unsecured lending business

10

Job Location / State

:

Any where in India

11

Compensation Band

:

As per policy

12

Entitlements

:

As per policy

13

Stake Holders

:

Should be able to manage multiple stakeholders and collaborate with business heads

14

Career Progression

:

 

B

 

15

Educational Qualification / Technical Certification

:

LLB in Any Specialization

16

Skill Sets

:

Experience in SULB business

17

Communication Skills

:

Good oral, written and presentation skills

18

Experience

:

 4+years of overall experience 

19

Behavioral Competencies

:

Uncompromising ethical standards and discipline expected

20

Other Requirements (If any)

:

-

   

Job role

Work location

KHANDWA

Department

Legal & Regulatory

Role / Category

Legal Operations

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Min. 6 years

About company

Name

Muthoot Fincorp Limited

Job posted by Muthoot Fincorp Limited

This job has expired

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