Location: Gurgaon
Department: Legal
Function: Litigation (Unsecured Portfolio)
The incumbent will be responsible for handling litigation and recovery-related legal matters for unsecured loan portfolios Business Loans. The role involves managing legal cases, coordinating with external counsels, supporting recovery teams, and ensuring compliance with applicable laws.
- Handle end-to-end litigation for unsecured portfolios including civil, criminal, and arbitration matters.
- Draft and review legal notices, replies, complaints, affidavits, petitions, and written statements.
- Represent the company in court proceedings as required (along with empaneled advocates).
- Provide legal support to collections/recovery teams for delinquent accounts.
- Execute legal recovery strategies including filing of cases under relevant laws.
- Drive pre-litigation actions such as demand notices and settlement documentation.
- Manage and coordinate with external legal counsels, law firms, and recovery agencies.
- Monitor performance, case timelines, and ensure quality of legal representation.
- Validate legal bills and maintain cost efficiencies.
- Ensure all litigation and recovery actions comply with regulatory and statutory guidelines.
- Identify legal risks and suggest mitigation strategies proactively.
- Stay updated on changes in legal/regulatory frameworks impacting unsecured lending.
- Maintain litigation tracker and case status updates.
- Prepare periodic reports for management on case progress, recovery trends, and legal exposure.
- Provide insights to improve recovery effectiveness.
- LLB / LLM from a recognized university.
- 5+ years of experience in litigation, preferably in NBFC/BFSI handling unsecured portfolios.
- Strong exposure to recovery litigation, cheque bounce cases (NI Act), and arbitration.
- Strong drafting and documentation skills.
- Good understanding of legal procedures and court processes.
- Stakeholder management (internal teams & external counsels).
- Analytical thinking and problem-solving ability.
- Ability to handle high volumes of cases efficiently.
- Experience in handling Section 138 (NI Act) cases.
- Exposure to digital lending or fintech ecosystem is an added advantage.
- Internal: Collections, Credit, Risk, Compliance
- External: Law firms, advocates, recovery agencies, courts
