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