
Legal Associate
3 days ago
We are hiring for leading NBFC client based in Thrissur.
Responsibilities
- Provide sound legal advice on matters related to credit, loans, recoveries, investments, and overall operations.
- Interpret and ensure adherence to cooperative society laws, RBI/NABARD guidelines (if applicable), and other financial regulations.
- Draft, review, and vet legal documents including loan agreements, mortgage deeds, hypothecation, vendor contracts, MoUs, and other service agreements.
- Ensure legal soundness in documentation related to property mortgages and member security.
- Manage legal proceedings for loan defaults, including issuing legal notices, filing recovery suits, and coordinating with external legal counsel.
- Represent the society in legal forums, tribunals, and courts when required.
- Ensure compliance with all applicable statutory laws and regulations related to credit societies, including audit requirements.
- Liaise with regulatory bodies like the Registrar of Cooperative Societies, ROCS, etc.
- Identify potential legal risks in operations and advise mitigation strategies.
- Maintain an updated risk register and legal compliance checklist.
- Conduct internal training on legal aspects for branch staff and credit officers.
- Develop and update internal policies, terms, and legal SOPs.
Candidate Requirements:
- LLB / BL graduate with a minimum of 1 year of experience (preferably in NBFC or Banking sector).
- Good knowledge of civil laws, recovery process, and loan documentation.
- Strong drafting, communication, and analytical skills.
- Ability to coordinate with multiple departments and external counsels.
- Proficiency in MS Office and documentation handling.
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