Legal Officer

IIFL Home Loans; Hyderabad; On-site; INR 800,000 - 1,100,000; Full time

Job summary

IIFL Home Loans is seeking a Legal Officer in Hyderabad to review, vet, draft, and manage contracts and legal documents for home finance operations. The role emphasizes regulatory compliance, risk mitigation, and alignment with laws and RBI/NHB guidelines.

The candidate will lead workflow automation initiatives, support collections documentation, and coordinate with external counsel and internal compliance teams to ensure accurate and timely legal processes.

Qualifications

• Strong knowledge of contract 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.

Responsibilities

• Contract Vetting & Drafting: Review, vet, and approve contracts and agreements, including loan documents, vendor/service agreements, NDAs, and MOUs; identify legal risks and provide mitigation strategies; draft standard and customized agreements.
• Legal Compliance: Ensure all contracts comply with applicable laws, housing finance regulations, and RBI/NHB guidelines; stay updated on regulatory changes.
• Digital Transformation & Automation: Lead initiatives in workflow automation, LMS and LOS optimization to improve TAT, efficiency, and reduce manual intervention.
• Documentation Support to Collection and Recovery Team: Draft and vet documents to ensure effective recovery in delinquent cases, including show cause notices in wilful defaulter and fraud cases.
• Documentation Management: Maintain a repository of standardized templates and ensure version control.
• Coordination: Liaise with external counsel and collaborate with compliance and audit teams for legal reviews.

Skills

Contract law

Property law

Compliance frameworks

Drafting & negotiation

Attention to detail

Stakeholder management

Multi-contract management

Communication

Education

LLB / LLM

Job description

Regular

Job Description

Job Purpose:

The Legal Officer will beresponsible for reviewing, vetting, drafting, and managing contracts and legaldocuments related to the company’s home finance operations. The role ensureslegal compliance, risk mitigation, and alignment with applicable laws andregulatory frameworks.

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:

• Strongknowledge of contract law and property law
• Familiaritywith housing finance regulations and compliance frameworks
• Excellentdrafting and negotiation skills
• Attentionto detail and analytical thinking
• Abilityto manage multiple contracts simultaneously
• Strongcommunication and stakeholder management

Educational Qualifications and Experience:

• Education:LLB / LLM from a recognized university
• Experience:2–6 years in legal roles, preferably in:
  • Housingfinance companies (HFCs)
  • NBFCs/ Banks
  • Lawfirms handling financial services