ALM expert

IIFL Home Finance; Hyderabad; On-site; INR 2,000,000 - 3,200,000; Full time

Job summary

IIFL Home Finance Ltd. seeks an experienced legal professional to lead contract vetting, drafting, and regulatory compliance for housing finance. You will identify risks in loan documents, NDAs, and MOUs, ensuring alignment with RBI/NHB guidelines.

The role also drives workflow automation and supports the collections team with compliant documentation. Candidate should have extensive experience in housing finance or financial services law, strong negotiation skills, and the ability to manage

Qualifications

• Law degree (LLB/LLM) from a recognized university.
• 26 years in legal roles, preferably in housing finance, NBFCs/Banks, or law firms in financial services.

Responsibilities

• Review, vet, and approve contracts and agreements including loan documents, vendor/service agreements, NDAs, and MOUs; identify legal risks and provide mitigation strategies.
• Ensure contracts comply with laws, housing finance regulations, and RBI/ NHB guidelines; monitor regulatory changes affecting housing finance.
• Lead workflow automation, LMS, and LOS optimization to improve turnaround time and efficiency.
• Draft and vet documents for collections and recovery in delinquent cases, including show cause notices in wilful defaulter and fraud cases.
• Maintain a repository of standardized templates with version control.
• Liaise with external counsel; collaborate with compliance and audit for reviews and assessments.

Skills

Contract law

Property law

Regulatory compliance

Drafting & negotiation

Attention to detail

Stakeholder management

Education

LLB / LLM

Job description

Key Responsibilities:

Contract Vetting Drafting:

Review, vet, and approve contracts andagreements, including loan documents, vendor/service agreements, NDAs, andMOUs; identify legal risks and provide practical mitigation strategies; draftstandard and customized agreements. Identify potential legal exposures incontracts and recommend changes to minimize litigation and financial risks.

Legal Compliance:

Ensure all contracts comply with applicablelaws, housing finance regulations, and Reserve Bank of India / National HousingBank guidelines; stay updated on regulatory changes impacting housing finance.

Digital Transformation Automation:

Lead initiatives in workflow automation, LMSand LOS optimization to improve TAT, efficiency, and reduce manualintervention.

DocumentationSupport to Collection and Recovery Team :

Draft andvet documents to ensure effective recovery in delinquent cases, including theissuance of show cause notices in wilful defaulter and fraud cases.

Documentation Management:

Maintain a repository ofstandardize templatesand ensure version control.

Coordination:

Liaise with external counsel as needed;collaborate with compliance and audit teams for legal reviews and assessments.

Skills Required:

• Strong 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: 26 years in legal roles, preferably in:
  • Housing finance companies (HFCs)
  • NBFCs / Banks
  • Law firms handling financial services

Disclaimer: This job 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.