Regional Legal Manager (Ajmer)

Regional Legal Manager (Ajmer)

06 Nov
|
Aditya Birla Insulators
|
Ajmer

06 Nov

Aditya Birla Insulators

Ajmer

Job highlights

- The education experience required to fulfil this profile are an LLB/ Masters in Law with minimum 4-6 years of experience in the legal function (HFC) of a bank or an NBFC with good drafting skills,good knowledge of the law and a good command over the English language

Job Summary

Job Purpose

Job Purpose Description

Job Context

Organizational Context: Part of the Aditya Birla Capital Limited, Aditya Birla Housing Fice Limited (ABHFL) is registered with the National Housing Bank as a housing fice company under the National Housing Bank Act, 1987. The company offers a complete range of housing fice solutions such as home loans, home improvement and home construction loans, balance transfer and top-up loans, loans against property and construction fice. The company acquired its license and has aggressive growth plans.

ABHFL has grown at a steady rate while reporting valuable asset quality despite challenges in the operating environment. While the industry is dominated by five large groups, there has been an emergence of segments like Affordable and self-employed borrowers, given the high potential in these segments. Despite increased focus by banks, HFCs have been able to maintain their share in the mortgage market, and ABHFL is poised for rapid growth and plans to grow 5X (40,000 Cr) in the next 5 years.

This shall take ABHFL within the top 5 percentile of HFCs in the country.

The ABHFL Sales organization works broadly with 3 customer segments retail (individual) customers, institutional customers (for retail and institutional loan consumers) and builders (for both retail tie-ups and construction fice), with a major share of the business coming from retail customers.



Client segments can also be divided into Salaried and Self-employed, with both having very different preferences and needs.

Job Context The Legal department would validate the regulatory compliance requirements for the new business initiatives and product launches, conclude the litigations raised by or against the company, establish a sound corporate goverce framework, execute legal agreements and provide transactional support in the investment processes.

The Counsel-Litigation is responsible for providing assistance for all legal requirements of the organization pertaining to the litigation aspect. He/ she would provide complete assistance to the Team Leader Litigation. This would include coordination with counsels for litigation, assisting in legal/statutory audits and maintaining detailed MIS and coverage reports of the proceedings.

Key Challenges The major challenges in this role are keeping abreast of the latest legal/statutory amendments, knowledge about various legal documents liaising with multiple regulators.

Enabling Skill Sets Qualifications The critical skill sets required to meet these challenges are a strong negotiation and arbitration skills, knowledge of agreement formulation statutory regulations, detail process orientation solid network.

- strong negotiation and arbitration skills




- knowledge of agreement formulation
- statutory regulations
- detail process orientation
- strong network

Qualifications The education experience required to fulfil this profile are an LLB/ Masters in Law with minimum 4-6 years of experience in the legal function (HFC) of a bank or an NBFC with good drafting skills, good knowledge of the law and a good command over the English language. Key Result Areas (KRA) Accountabilities

KRA 1

- To assist in legal department in liaising for filing of cases - HFC
- To maintain records / files of cases filed by against the company
- To prepare periodic MIS/CGR of outstanding litigations coordinate for their follow-up closure.
- To update the legal team and relevant stake holders the status and strategies used for cases filed/defended and take appropriate approvals.

KRA 2

- To coordinate with external counsels law firms assist in formulating the pleadings of the lawsuits
- To coordinate with advocates on record for updating legal status of cases filed by against the company
- To assist in formulating the claims counter claims, arguments evidences for the cases
- To keep a track of payment made to the advocates / law firms / counsels on record
- Updating status of cases filed against directors and against the company
- Draft/respond to notices sent by customers/counter parties/statutory authorities.

Disclaimer: This job and Location 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.

📌 Regional Legal Manager (Ajmer)
🏢 Aditya Birla Insulators
📍 Ajmer

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: regional legal manager (ajmer) / ajmer

Subscribe to this job alert:

Get the latest job offers by email for: regional legal manager (ajmer) / ajmer