Ring | Legal Manager | india

4 days ago


india Ring Full time

Please apply using this Job ID or share your CV at


Key Responsibilities:

Legal Due Diligence

  • Conduct thorough legal due diligence of property documents for Loan Against Property (LAP) proposals.
  • Ensure the title, ownership, and encumbrance of the property are clear and marketable.
  • Liaise with external lawyers for title verification and opinions.


Document Vetting

  • Draft, review, and finalize loan documentation, including mortgage agreements, sanction letters, and other collateral agreements.
  • Ensure compliance with applicable laws and organizational policies.


Compliance and Advisory

  • Provide legal advice to internal teams on matters related to property laws, mortgages, and financial services regulations.
  • Ensure adherence to RBI and other regulatory guidelines in LAP operations.


Coordination with Stakeholders

  • Work closely with the Credit, Ops, and Sales teams to resolve legal queries related to loan processing.
  • Interact with external legal consultants and law firms for opinions and dispute resolutions.


Title Investigation

  • Handle legal scrutiny of property-related issues, including title disputes, pending litigation, or encumbrance concerns.
  • Ensure all property-related risks are mitigated prior to disbursement.


Risk Management

  • Identify potential legal risks in loan portfolios and provide solutions to minimize liabilities.
  • Monitor compliance with local property laws and regulations.


Reporting and Documentation

  • Maintain records of legal opinions, due diligence reports, and case histories for reference and audits.
  • Prepare periodic reports for management on legal compliance, risk mitigation, and dispute resolutions.


Required Qualifications and Skills:

Education:

LLB/LLM from a reputed university or institution.


Experience:

  • 5+ years in legal roles, with specific experience in Loan Against Property or similar secured lending functions.
  • Experience in handling title verification and property-related documentation.


Skills:

  • Strong knowledge of property laws, transfer of property, and mortgage laws in India.
  • Excellent drafting, vetting, and negotiation skills.
  • Ability to manage multiple stakeholders and deadlines effectively.
  • Analytical mindset to assess and mitigate legal risks.
  • Minimize legal risks in LAP disbursements.

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