– Legal & Compliance Officer (NBFC)

Company: Velusha Private Limited

Department: Legal & Compliance

Designation: Legal & Compliance Officer

Experience: 2–3 Years

Qualification: LL.B.

Employment Type: Full-Time

About the Role

We are looking for a qualified and experienced Legal & Compliance Officer to manage the company's legal affairs, loan recovery matters, regulatory compliance and legal documentation. The candidate will be responsible for ensuring that the organization's business operations are conducted in accordance with applicable laws, RBI regulations and other statutory requirements.

Key Responsibilities

1. Legal Affairs & Documentation

- Handle day-to-day legal matters of the organization.
- Draft, review and maintain legal agreements, contracts, notices, undertakings and other legal documents.
- Review loan agreements and other financial documentation.
- Handle legal notices, customer disputes and responses to legal communications.
- Advise management on legal risks and business-related legal matters.

2. Loan Recovery & Litigation

- Handle legal proceedings related to loan defaults and recovery.
- Prepare and issue legal notices to defaulting borrowers.
- Handle cheque bounce cases under Section 138 of the Negotiable Instruments Act.
- Coordinate with external advocates for court cases and recovery proceedings.
- Maintain records of pending cases, court hearings and legal notices.
- Ensure recovery practices comply with applicable laws and RBI guidelines.

3. RBI & Regulatory Compliance

- Monitor applicable RBI guidelines, circulars and regulatory updates for NBFCs.
- Assist in implementing RBI compliance requirements.
- Maintain compliance records, registers and legal documentation.
- Coordinate with internal departments for regulatory audits and inspections.
- Support compliance related to KYC,



AML and PMLA requirements.
- Ensure timely completion of assigned compliance activities and reporting.

4. Corporate & Employment Legal Matters

- Review employment agreements, confidentiality agreements and NDAs.
- Handle employee-related legal documentation and disputes.
- Review vendor agreements and business contracts.
- Assist management in resolving contractual and other legal issues.

5. General Responsibilities

- Maintain a proper database of all legal cases and documentation.
- Coordinate with external legal consultants, advocates and regulatory authorities.
- Prepare periodic legal and compliance status reports for management.
- Identify potential legal risks and recommend preventive measures.

Required Qualifications & Skills
- LL.B. degree from a recognized university.
- 2–3 years of relevant experience in NBFC, Banking, Fintech or Financial Services.
- Practical knowledge of RBI regulations applicable to NBFCs.
- Knowledge of the Negotiable Instruments Act, Companies Act, applicable recovery laws and PMLA.
- Strong drafting, research and legal documentation skills.
- Experience in loan recovery and litigation coordination.
- Valuable communication, negotiation and problem-solving skills.
- Ability to independently manage day-to-day legal responsibilities.

Preferred Candidate
- Candidates currently working with NBFCs, banks, fintech companies or financial institutions will be preferred.
- Candidates with experience in loan recovery, legal notices, cheque bounce cases and RBI compliance will be given preference.
- Advocate enrollment and court-handling experience will be an added advantage.

Interested candidates can share their updated resumes for consideration. Pay: ₹30,000.00 - ₹55,000.00 per month

Benefits

- Cell phone reimbursement
- Paid time off
- Provident Fund

Work Location: In person

📌 Legal and Compliance Officer (Saket)
🏢 VELUSHA PRIVATE
📍 Saket