24 Oct
|
IIFL Home Loans
|
Hyderabad
24 Oct
IIFL Home Loans
Hyderabad
Key Responsibilities:
· Contract Vetting & Drafting: Review, vet, and approve contracts and agreements, including loan documents, vendor/service agreements, NDAs, and MOUs; identify legal risks and provide practical mitigation strategies; draft standard and customized agreements. Identify potential legal exposures in contracts and recommend changes to minimize litigation and financial risks.
· Legal Compliance: Ensure all contracts comply with applicable laws, housing finance regulations, and Reserve Bank of India / National Housing Bank guidelines; stay updated on regulatory changes impacting housing finance.
· Digital Transformation & Automation: Lead initiatives in workflow automation, LMS and LOS optimization to improve TAT, efficiency, and reduce manual intervention.
· Documentation Support to Collection and Recovery Team: Draft and vet documents to ensure effective recovery in delinquent cases, including the issuance of show cause notices in wilful defaulter and fraud cases.
· Documentation Management: Maintain a repository ofstandardize templates and ensure version control.
· Coordination: Liaise with external counsel as needed; collaborate with compliance and audit teams for legal reviews and assessments.
Skills Required:
- Solid knowledge of contract law and property law
- Familiarity with housing finance regulations and compliance frameworks
- Excellent drafting and negotiation skills
- Attention to detail and analytical thinking
- Ability to manage multiple contracts simultaneously
- Strong communication and stakeholder management
Educational Qualifications and Experience:
- Education: LLB / LLM from a recognized university
- Experience: 2–6 years in legal roles, preferably in:
- Housing finance companies (HFCs)
- NBFCs / Banks
- Law firms handling financial services
📌 ALM-Hyderabad
🏢 IIFL Home Loans
📍 Hyderabad