31 Aug
|
Muthoot Fincorp
|
Vijayawada
31 Aug
Muthoot Fincorp
Vijayawada
Job DescriptionAJob Specification1Company Name:Muthoot Fincorp Limited2Position / Designation:Legal Manager Secured & Unsecured Lending Business3Grade:4Employment Type:All Employment Type5Reporting to Designation & Grade:National Legal Head Secured & Unsecured Lending Business6No. of Reportees,Designation & Grade:7Main Tasks & Areas of Responsibility:Drafting and vetting of transaction documentsFinalizing the documents in connection with the acquisition of financial assets by ARC from other banks /financial institutions.Devising all the documents for issuance for security receipts by ARC to qualified institutional buyers.Overseeing all documents, process and compliance for additional investments into the ARC (e.g., additional equity or NCDs) and all agreements the ARC is a party tooTo oversee external counsel/subject matter experts in connection with documentationSet up and administer efficient systems and processes towards legal risk management To anticipate and guard against legal and regulatory risks facing ARCs businessTo set up, implement and periodically update Legal SOP comprising of standard procedure for administering/ managing legal functions involving corporate legal issues, dispute resolution, due diligence, DMS, empanelment etc.To efficiently manage/ support other legal process initiatives including security release/ replacement, MIS, DMS, empanelment etc.To keep informed of industry-specific regulations to ensure that appropriate risk management strategies are in placeTo analyze legal and regulatory issues for their impact on specific investments, investment strategies and relevant regulatory implicationsDispute Resolution To set-up productive dispute resolution strategy.Handling SARFAESI/ IBC and other legal matters before legal fora and with with external counsel.To closely co-ordinate with lawyers on various forms of dispute resolutionTo efficiently manage litigation data and documents including details of orders, awards, claims, counter-claims,
litigation etc.General Support To provide support towards drafting and vetting of non-lending contracts, e.g., service provider agreement, non-disclosure agreements, I.T Contracts, H.R Contracts etc.To provide opinion/ advise on any day to day/ legal issue.To focus on skill enhancement & team developmentPeriodically conduct sessions/ seminars on concerned legal and regulatory subjects.Arrange for training of the Legal Team, Compliance Team and Corporate Secretarial Team from time to time to keep the team updated with changing laws and precedentsTo share legal updates with the relevant ABC and Varde representatives on legal and regulatory issues pertaining to AB ARC business.Compliance To develop and maintain strong knowledge of laws, regulations and industry best practices for ARCs, stressed and distressed asset acquisitions and restructurings.To monitor and report on developments in compliance and regulatory arena.To oversee the planning and execution of compliance programs, including monitoring, testing, identifying opportunities for improvement and communicating value added recommendationsTo be responsible for ensuring compliance with applicable laws and regulations, regulatory and compliance filing activities, detecting any compliance issues and executing correction actions to correct compliance issues.Oversee regulatory examinations, inquiries and other data requests.8Skills and Exposure:9Special Requirements (If any):Must have experience in Secured lending / unsecured lending business10Job Location / State:Any where in India11Compensation Band:As per policy12Entitlements:As per policy13Stake Holders:Should be able to manage multiple stakeholders and collaborate with business heads14Career Progression:B15Educational Qualification / Technical Certification:LLB in Any Specialization16Skill Sets:Experience in SULB business17Communication Skills:Good oral, written and presentation skills18Experience:4years of overall experience19Behavioral Competencies:Uncompromising ethical standards and discipline expected20Other Requirements (If any):- .
📌 State Legal Recovery Manager (Vijayawada)
🏢 Muthoot Fincorp
📍 Vijayawada