Assistant Manager Legal

Location: Bengaluru (On-site)

Experience: 4-6 years

Role Overview

We are looking for an Assistant Manager Legal to support the legal, regulatory, commercial and financing requirements of a growing NBFC engaged in digital lending.

The role will provide end-to-end legal support across the NBFC's lending business, including digital lending and product advisory, regulatory compliance, lending documentation, technology and vendor arrangements, corporate matters and fundraising / borrowing transactions.

The candidate will work closely with Business, Credit, Risk, Compliance, Finance, Treasury, Product and Technology teams and will have exposure to both the operating and financing sides of an NBFC.

Key Responsibilities

1. NBFC Regulatory & Digital Lending Advisory

- Advise business and product teams on RBI regulations applicable to NBFCs and digital lending.
- Support compliance with RBI's digital lending framework, including customer protection, KFS, disclosures, pricing, grievance redressal, LSP arrangements, data governance and outsourcing requirements.
- Advise on new lending products, customer journeys, underwriting models, pricing structures, collection processes and product changes.
- Track RBI and other regulatory developments and assess their impact on the business.
- Support regulatory gap assessments and implementation of regulatory changes across business functions.

2. Lending & Product Documentation

- Draft, review and update loan agreements, sanction letters, KFS, T&Cs;, undertakings, declarations and other customer-facing documentation.
- Advise on lending structures, repayment, foreclosure, security, default, recovery and collection processes.
- Ensure lending documentation and customer journeys are aligned with applicable regulatory requirements.
- Work closely with Product, Credit, Operations and Collections teams on legal aspects of the lending lifecycle.

3. LSP, Fintech & Commercial Arrangements

- Draft and negotiate LSP agreements, sourcing arrangements, technology agreements, vendor contracts, MSAs, NDAs and other commercial arrangements.
- Advise on arrangements with fintech platforms, technology providers, collection agencies, KYC vendors, payment providers and other service providers.




- Review outsourcing and third-party arrangements from regulatory, contractual and risk perspectives.
- Ensure appropriate audit, inspection, confidentiality, data protection, business continuity and termination protections are incorporated into contracts.

4. Fundraising, Borrowings & Financing Transactions

- Provide legal support for the NBFC's borrowing and fundraising activities.
- Assist with transactions involving banks, financial institutions, investors and other funding partners.
- Review, draft and negotiate financing documentation, including facility agreements, sanction letters, term sheets, security documents, undertakings and related transaction documents.
- Support legal due diligence and preparation of information / documentation required by lenders and investors.
- Coordinate with external counsel, Finance and Treasury teams for transaction execution and closing.
- Support creation, perfection, modification and release of security and related filings, where applicable.
- Maintain transaction documentation and ensure compliance with post-closing legal and contractual obligations.
- Support legal review of debt capital market / debt issuance transactions, including NCD or other debt fundraising structures, as applicable to the business.

5. Corporate & Governance Matters

- Support corporate legal matters under applicable company law and NBFC regulatory requirements.
- Assist with Board and shareholder documentation, resolutions, approvals and corporate records.
- Support legal review of corporate actions, investments, borrowings and other material transactions.
- Coordinate with Company Secretarial and Compliance teams on regulatory and governance requirements.

6. Data Protection & Technology Governance

- Advise on applicable data protection and privacy requirements, including the Digital Personal Data Protection Act, 2023.
- Review privacy notices, consent mechanisms, data-sharing arrangements and data-processing clauses.




- Support legal review of cybersecurity, data protection and technology arrangements.
- Work with Technology, Information Security and Compliance teams on data governance requirements.

7. Disputes, Recovery & Regulatory Matters

- Manage legal notices, disputes, consumer matters and regulatory queries in coordination with external counsel.
- Support legal requirements relating to collections, recovery, settlements and enforcement.
- Assist in responding to regulatory inspections, audits and information requests.
- Identify emerging legal and regulatory risks and recommend mitigation measures.

8. Legal Risk & Contract Governance

- Identify legal and regulatory risks across lending, operations, technology and financing activities.
- Develop standard templates, clause libraries, contracting playbooks and legal processes.
- Maintain appropriate records of material contracts and financing documentation.
- Provide commercially practical and solution-oriented legal advice to business and leadership teams.

Basic Requirements

- LL.B. degree from a recognized university; enrolment with the Bar Council preferred.
- 4-6 years of post-qualification experience.
- Experience in an NBFC, bank, fintech, financial institution or financial services organization.
- Strong experience in commercial contracts and legal drafting.
- Working knowledge of RBI regulations applicable to NBFCs and digital lending.
- Understanding of lending documentation and financial services transactions.
- Strong analytical, drafting, negotiation and communication skills.
- Ability to independently manage matters and work with multiple cross-functional stakeholders.

Preferred / Positive to Have

- Hands-on experience with digital lending and NBFC regulatory frameworks.
- Exposure to NBFC borrowings, debt fundraising, lender documentation or financial transactions.
- Experience with LSP, co-lending, sourcing, outsourcing or fintech arrangements.
- Exposure to security creation, due diligence and financing transaction documentation.
- Experience working with Finance, Treasury, Risk, Compliance and Product teams.
- Interest in emerging areas including fintech, financial regulation, data protection and technology law.

📌 Assistant Legal Manager (Bengaluru)
🏢 Viva Money Solutions
📍 Bengaluru