State Legal Manager

Muthoot FinCorp (MFL)

4 - 10 years

8 - 9 Lacs

Kolkata

Posted:2 days ago| Platform:

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Skills Required

Due diligence Claims Dispute resolution Compliance Litigation MIS Legal Corporate Team development Risk management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Company Name
Muthoot Fincorp Limited
Position / Designation
State Legal Manager Secured & Unsecured Lending Business
Grade
MM4
Employment Type
All Employment Type Reporting to
Designation & Grade
National Legal Lead Secured & Unsecured Lending Business No of Reportees,
Main Tasks & Areas of Responsibility
Drafting and vetting of transaction documents Finalizing the documents in connection with the acquisition of financial assets by ARC from other banks /financial institutions Devising all the documents for issuance for security receipts by ARC to qualified institutional buyers Overseeing all documents, process and compliance for additional investments into the ARC (e g , additional equity or NCDs) and all agreements the ARC is a party too To oversee external counsel/subject matter experts in connection with documentation Set up and administer efficient systems and processes towards legal risk management To anticipate and guard against legal and regulatory risks facing ARCs business To set up, implement and periodically update Legal SOP comprising of standard procedure for administering/ managing legal functions involving corporate legal issues, dispute resolution, due diligence, DMS, empanelment etc To efficiently manage/ support other legal process initiatives including security release/ replacement, MIS, DMS, empanelment etc To keep informed of industry-specific regulations to ensure that appropriate risk management strategies are in place To analyze legal and regulatory issues for their impact on specific investments, investment strategies and relevant regulatory implications Dispute Resolution To set-up efficient dispute resolution strategy Handling SARFAESI/ IBC and other legal matters before legal fora and with with external counsel To closely co-ordinate with lawyers on various forms of dispute resolution To efficiently manage litigation data and documents including details of orders, awards, claims, counter-claims, litigation etc General Support To provide support towards drafting and vetting of non-lending contracts, e g , service provider agreement, non-disclosure agreements, I T Contracts, H R Contracts etc To provide opinion/ advise on any day to day/ legal issue To focus on skill enhancement & team development Periodically conduct sessions/ seminars on concerned legal and regulatory subjects Arrange for training of the Legal Team, Compliance Team and Corporate Secretarial Team from time to time to keep the team updated with changing laws and precedents To share legal updates with the relevant ABC and Varde representatives on legal and regulatory issues pertaining to AB ARC business Compliance To develop and maintain strong knowledge of laws, regulations and industry best practices for ARCs, stressed and distressed asset acquisitions and restructurings To monitor and report on developments in compliance and regulatory arena To oversee the planning and execution of compliance programs, including monitoring, testing, identifying opportunities for improvement and communicating value added recommendations To be responsible for ensuring compliance with applicable laws and regulations, regulatory and compliance filing activities, detecting any compliance issues and executing correction actions to correct compliance issues Oversee regulatory examinations, inquiries and other data requests
Special Requirements (If any)
Must have experience in Secured lending / unsecured lending business
Job Location / State
Any where in India
Compensation Band
As per policy
Entitlements
As per policy
Stake Holders
Should be able to manage multiple stakeholders and collaborate with business heads
Career Progression
B
Educational Qualification / Technical Certification
LLB in Any Specialization
Skill Sets
Experience in SULB business
Communication Skills
Good oral, written and presentation skills
Experience
4+years of overall experience
Behavioral Competencies
Uncompromising ethical standards and discipline expected
Other Requirements (If any)
-

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