Bangalore | 5+ Years | NBFC / Financial Services

About the Role

Looking for candidates with experience in NBFC legal and compliance functions. Should have knowledge of RBI regulations, legal documentation, and litigation handling. Experience in recovery matters, vendor agreements, and regulatory compliance is preferred. Robust drafting and stakeholder management skills are required.

Key Responsibilities

- Ensure compliance with RBI Master Directions applicable to NBFCs
- Track and implement regulatory updates, circulars, and notifications
- Assist in handling RBI inspections, regulatory correspondence, and supervisory observations
- Support implementation of Fair Practices Code and customer protection guidelines
- Draft, review, and update loan agreements, sanction letters, KFS, hypothecation agreements, guarantees, and related documents
- Provide legal advisory on product structuring, new loan offerings, and credit policies
- Vet customer communication templates such as demand notices and recall notices
- Manage litigation portfolio including civil suits, arbitration, consumer disputes, cheque bounce matters, and recovery proceedings
- Coordinate with litigation firms and monitor case progress
- Provide strategic legal inputs on high-value default cases
- Ensure compliance with recovery and collection-related regulatory guidelines




- Draft and review vendor agreements, outsourcing contracts, NDAs, service agreements, and technology contracts
- Ensure alignment with RBI Outsourcing Guidelines and data protection requirements
- Conduct legal due diligence of service providers
- Advise on indemnity, liability, confidentiality, and dispute resolution clauses
- Ensure compliance with applicable data protection laws, including the Digital Personal Data Protection Act
- Advise on lawful handling of customer data, especially in outsourced operations
- Identify legal risks and recommend mitigation measures
- Support Board and Committee matters relating to legal issues
- Assist in drafting and reviewing internal policies
- Coordinate with Compliance and Secretarial teams for statutory matters

Qualifications

- Bachelor s Degree in Law (LLB) Mandatory

Experience

- 5 years or more of post-qualification experience
- Minimum 2 years in NBFC / Banking / Financial Services sector
- Experience in handling lending documentation preferred

Disclaimer : This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

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