Key Responsibilities:
1. Legal Documentation & Transaction Management:
• Draft, vet, and manage legal documentation including Loan Agreements, Term Sheets,
Sanction Letters, Security Documents (Mortgages, Guarantees, Hypothecation, Pledge,
Declarations, etc.)
• Ensure accuracy, completeness, and enforceability of all legal documents.
• Standardize documentation templates in line with regulatory and business
requirements.
2. Client Due Diligence & Credit Support:
• Draft and continuously formulate processes for KYC and related Borrower due
diligences in line with the Regulatory/internal requirements.
• Support credit team by providing legal insights on borrower risk, collateral
enforceability, and structuring transactions.
• Guide Credit Analysts on legal implications related to lending proposals.
3. Property & Asset Due Diligence:
• Perform title verification and legal due diligence for property-backed transactions.
• Validate ownership, encumbrances, and legal clearances.
• Oversee mortgage creation and ensure proper documentation of security interests.
4. Regulatory Compliance & Reporting :
• Ensure compliance with applicable laws, including:
o RBI Act, Rules, Regulations, and Circulars
o Companies Act, 2013
o NBFC-specific regulatory frameworks
• Monitor regulatory updates and ensure timely implementation across the
organization.
• Draft and respond to communications from RBI and other statutory/regulatory
authorities.
• Maintain compliance trackers and ensure adherence to timelines.
5. Statutory Registrations & Filings:
• Handle registration and compliance requirements including:
o Charge registration with ROC
o Security interest registration with CERSAI
o LEI (Legal Entity Identifier) registration and renewals
o CKYC compliance
• Ensure timely filings and renewals to avoid regulatory penalties.
6. Litigation & Recovery Management:
• Manage litigation portfolio including:
o Coordination with external legal counsel
o Tracking case progress and maintaining legal MIS
• Draft and issue legal notices (demand notices, recall notices, etc.)
• Support recovery proceedings and enforcement actions under applicable laws.
7. Stakeholder Management:
• Liaise with:
o Internal teams (Credit, Operations, Risk, Secretarial)
o External stakeholders (law firms, regulatory authorities, clients)
• Provide timely legal advice and support for business decisions.
Qualifications & Experience:
LLB / LLM from a recognized university Certification in Banking & Finance Laws / Financial Regulations / Compliance Management will be preferred. 5 - 8 years of experience in Legal & Compliance within NBFC / Banking / Financial Services Experience in lending transactions, documentation, and regulatory compliance is essential
Key Performance Indicators (KPIs)
• Zero regulatory penalties or compliance lapses
• Turnaround time for legal documentation within stipulated days
• Timely closure of litigation/recovery cases
• Accuracy rate in due diligence and documentation
• Propose legal documentation structures within defined thresholds
• Recommend risk mitigation strategies for lending transactions
• Escalate high-risk cases to senior management
Key Competencies:
• Strong knowledge of NBFC regulations and RBI guidelines
• Expertise in legal drafting and contract management
• Understanding of secured lending, collateral structures, and recovery laws
• Analytical thinking and risk assessment ability
• Strong stakeholder management and communication skills
• Attention to detail and compliance orientation
Preferred Industry Exposure
• Non-Banking Financial Companies (NBFCs)
• Banking and Financial Services
• Real Estate and Mortgage Financing
• Corporate Legal & Compliance Function
