Legal Executive

CFM Asset Reconstruction Pvt Ltd; Mumbai; On-site; INR 500,000 - 700,000; Full time

Job summary

A leading financial services firm in Mumbai seeks a Legal Executive for drafting and vetting documents related to banking laws, particularly under the SARFAESI Act. The ideal candidate will have at least 1 year of legal experience, strong communication skills, and a proactive approach. The role involves coordination with team members and requires travel across India as needed.

Qualifications

• 1+ years of legal experience in Banks, Financial Institutions, or NBFCs.
• Experience with Asset Reconstruction Companies (ARC) is preferred.

Responsibilities

• Draft and vet documents related to Assignment of Loans and SARFAESI Act.
• Assist in cases before various Courts and Tribunals.
• Coordinate with team members and advocates.

Skills

Legal experience in Banks

Understanding of SARFAESI Act

Effective communication skills

Knowledge of RBI guidelines

Proactive problem solving

Education

LLB

Job description

About the Company

We are focused on key businesses such as Investment banking, Corporate Advisory & Stressed Asset Resolution.

About the Role

Drafting and vetting of various documents related to Assignment of Loans, different legal and statutory notices related to SARFAESI Act 2002. Having adequate knowledge of DRT Act, SARFAESI Act, IBC 2016 and other relevant law pertaining to Banking and financial institutions. Responsible for taking appropriate legal action for recovery of dues and follow up of the cases before all forums like DM/CMM, DRT NCLT and other appellate Courts and Tribunals and enforcement of security interest; Handling litigation (Civil and Criminal) and also matters representing the Company at other Quasi-Judicial Forums as may be necessary; Drafting and vetting of Plaints, written statements, evidences, affidavits, replies, various petitions etc. Coordination and follow up with other team members, advocates in consultation with the President Legal; Comfortable in frequent traveling at Pan India level as when required and demanded by the management to defend the legal case in shorter notice.

Responsibilities

• Drafting and vetting of various documents related to Assignment of Loans, different legal and statutory notices related to SARFAESI Act 2002.
• Assisting in follow up of the cases before all forums like DM/CMM, DRT NCLT and other appellate Court and Tribunals and enforcement of security interest.
• Drafting and vetting of Plaints, written statements, evidences, affidavits, replies, various petitions etc.
• Coordination and follow up with other team members, advocates in consultation with the President Legal.

Qualifications

LLB;

Required Skills

1+ years of legal experience into Banks, Financial Institutions/NBFC’s ARC. Experience with ARC shall be preferred

Preferred Skills

• Self-motivated individual with good business understanding. Should demonstrate commitment to organizational growth.
• Should possess effective communication skills and the required job knowledge.
• A deep understanding of laws relating to the Banks and allied, Commercial Laws, etc.
• Should have knowledge of relevant guidelines of RBI, Sarfaesi, Companies Act, etc.
• A proactive approach to organizational issues with ability to multi-task, communicate with all levels of management, develop team/s and work in a fast paced environment in a time-bound manner. Should have a system and process oriented approach.

Seniority level

• Executive

Employment type

• Full-time

Job function

• Legal