Job Summary

As Legal Counsel, Distressed Assets India, the job holder is responsible for supporting and developing the identification, management and mitigation of legal risk associated with stressed situations across in India. This includes the provision of legal expertise that is holistic, proactive, timely and commercial to support (i) stressed accounts from Early Alert to exit across geographies and products and segments (excluding retail) (ii) Principal Finance; and (iii) other teams across the Bank requiring specialist Restructuring and Insolvency (R&I;) input for eg Treasury and SC Ventures.

Key Responsibilities

Strategy

Support the development of the vision, strategy, direction and leadership of the Distressed Assets Legal team as directed by Head, Legal, Distressed Assets.
Position as a trusted and “go to” adviser and as a senior point of contact for distressed assets-related advice and expertise within India
Work closely with country and regional Legal teams to ensure appropriate collaboration on distressed assets matters.




Ensure and improve the technical quality and effectiveness of legal support in the management of distressed assets and to the relationship team, Stressed Asset Group/Stressed Asset Risk function, at a country and, as directed, regional level.
Support and advise the Stressed Asset Group/Stressed Asset Risk function and deal team in country on recovery strategies and restructuring proposals from early alert (EA) to exit, from a legal perspective including effective cost benefit analysis of legal options.
Advise and develop legal support for distressed asset disposals and other portfolio initiatives including product and cross border advice as required.
Advise on specific accounts where requested by Regional/Country Head, Stressed Asset Group/Stressed Asset Risk.
Provide legal support in country for restructuring and collaborate and co-ordinate with country and regional legal teams in ensuring the optimal use of legal’s internal and exte

📌 Legal Counsel, Distressed Assets Legal (Mumbai)
🏢 Standard Chartered India
📍 Mumbai