Legal Manager - Nanded

Aye Finance Limited; Nanded District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Aye Finance Limited in Maharashtra, India seeks an experienced legal professional to manage collection activities for NBFCs/banks using court tools and act as Authorized Representative in courts. You will coordinate with empanelled lawyers and drive settlements, while ensuring policy compliance and risk assessment.

The role requires LLB with 4-6 years' NBFC/bank experience, strong stakeholder relations, and knowledge of RBI/SEBI regulations.

Qualifications

• LLB from a reputable institute.
• 4-6 years of relevant experience in a leading NBFC/Bank.
• Eye for detail with strong work ethics.
• Ability to maintain good relationship with stakeholders.
• Understanding of financial products and NBFC working and various regulations affecting NBFCs.
• Understanding of Companies Act along with regulations of RBI and SEBI.

Responsibilities

• Having relevant experience in managing Collection activities for the bank/NBFC through various legal tools including Sec 138, Arbitration, Section 9,Lok Adalat, etc.
• Represent the company in the court as an Authorized Representative (AR) and drive resolution, settlements & closure of delinquent cases.
• Coordinate with empanelled lawyers & recommend new empanelment as per the requirement.
• Pro-active & solution oriented approach to enable improved recoveries for the company through various legal means & tools.
• Have local know how & industry connects with leading lawyers, police station, competition to check latest developments, recommend changes to the existing policy and drive improved recoveries.
• Added knowledge on the below including the Vetting and reviewing various referenced agreements like NDA, Securitization, Lease Agreements, etc to ensure companys full legal rights.
• Facilitating expeditious execution and finalization of agreements, contracts, and other legal documents.
• Reviewing, vetting and execution of Lenders Agreement and any other Ancillary agreement.
• Researching and evaluating different risk factors regarding business decision and operations.
• Providing clarification on legal language or specification to any legal query raised in the organization.
• Coordinating with various empanelled counsels and publishing various required MIS to the stakeholders for effective monitoring & drive improved resolutions.
• Reviewing of all the Policies of all the Departments (whether internal or regulatory) and rectifying of GAP found upon reviewing.
• Following up with Departments on implementation of their respective policies.

Skills

LLB

Regulatory knowledge

Stakeholder management

Attention to detail

Education

LLB from a reputed institute

Job description

Job Responsibilities:

1. Having relevant experience in managing Collection activities for the bank/NBFC through various legal tools including Sec 138, Arbitration, Section 9,Lok Adalat, etc.

2. Represent the company in the court as an Authorized Representative (AR) and drive resolution, settlements & closure of delinquent cases.

3. Coordinate with empanelled lawyers & recommend new empanelment as per the requirement.

4. Pro-active & solution oriented approach to enable improved recoveries for the company through various legal means & tools.

5. Have local know how & industry connects with leading lawyers, police station, competition to check latest developments, recommend changes to the existing policy and drive improved recoveries.

6. Added knowledge on the below including the Vetting and reviewing various referenced agreements like NDA, Securitization, Lease Agreements, etc to ensure companys full legal rights.

7. Facilitating expeditious execution and finalization of agreements, contracts, and other legal documents.

8. Reviewing, vetting and execution of Lenders Agreement and any other Ancillary agreement.

9. Researching and evaluating different risk factors regarding business decision and operations.

10. Providing clarification on legal language or specification to any legal query raised in the organization.

11. Coordinating with various empanelled counsels and publishing various required MIS to the stakeholders for effective monitoring & drive improved resolutions.

12. Reviewing of all the Policies of all the Departments (whether internal or regulatory) and rectifying of GAP found upon reviewing.

13. Following up with Departments on implementation of their respective policies.

Education, Experience and required Skill Sets:

• LLB from a reputable institute.
• 4-6 years of relevant experience in a leading NBFC/Bank
• Eye for detail with strong work ethics
• Ability to maintain good relationship with stakeholders
• Understanding of financial products and NBFC working and various regulations affecting NBFCs
• Understanding of Companys Act along with regulations of RBI and SEBI.