Assistant Manager Legal

4 weeks ago

Noida, Uttar Pradesh, India Turno Full time

Job Summary:

The Assistant Legal Manager will support the legal function of the company with a focus on auto loan documentation, litigation handling, recovery support, vendor contracts, and regulatory compliance. The candidate must have strong knowledge of NBFC operations, SARFAESI, arbitration laws, civil/criminal procedures, and recovery litigation processes.

Key Responsibilities:

1. Litigation & Recovery:

  • Manage litigation matters related to auto loan defaults, including Demand Notice, Arbitration Process, Section 138, Section 9&17 and Loan Recovery Notice.
  • Coordinate with external law firms and advocates for filing and defending cases.
  • Assist business and collections teams in handling delinquency recovery and legal notices.
  • Track and manage recovery legal matters end-to-end.

2. Loan Documentation:

  • Review and vet loan agreements, hypothecation agreements, and other customer-facing legal documents.
  • Ensure compliance with RBI guidelines and internal policies in all legal documentation.

3. Contract Management:

  • Draft, review, and negotiate vendor agreements, empanelment contracts, lease agreements, and service-level agreements (SLAs).
  • Maintain a repository of all contracts and track renewals and obligations.

4. Regulatory & Compliance Support:

  • Stay updated with applicable laws (RBI, NBFC, Motor Vehicles Act, Consumer Protection, etc.) and ensure internal processes adhere to regulations.
  • Liaise with compliance team on audits, inspections, and regulatory filings.

5. Legal Advisory & Risk Mitigation:

  • Advise internal stakeholders on potential legal risks and mitigation strategies.
  • Participate in internal policy and process reviews from a legal lens.

Qualifications:

  • LLB (mandatory), LLM (preferred).
  • 6-8 years of legal experience, preferably in NBFC / Banking / Auto Finance / Law firm handling financial sector clients.

Skills Required:

  • Strong knowledge of auto loan processes, recovery laws, and NBFC regulations.
  • Excellent drafting, negotiation, and communication skills.
  • Ability to manage multiple legal matters and work with cross-functional teams.
  • Proficiency in MS Office, legal MIS reporting, and documentation systems.

Preferred Background:

  • Prior experience working in or for an NBFC or Bank's auto loan/legal recovery division.
  • Experience handling litigation portfolios across multiple states/courts.

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