Principal Legal Counsel-governance

3 months ago


Bengaluru Karnataka, India Exzellenz Career Shapers Private Limited Full time

**Client**: Leading Small Finance Bank in India, which offers all Banking services like home loan, business, personal & vehicle loans, online savings accounts, etc.

**Location**: Bangalore

**Key Duties & Responsibilities**:
**Business/Financials**:

- Review and renew Bank policies related to litigation and recovery strategies.
- Draft and vet legal documents such as Notices, Objections, and Responses.
- Engage in reducing NPAs, lessening litigation, and improving recovery efforts.
- Advise regions on recovery laws and collaborate with legal teams on case strategies.
- Manage litigation lists, track case progress, and ensure effective case handling with panel advocates.
- Monitor and review performance of legal vendors and advocates, ensuring timely clearance of their bills.
- Assist regional teams in invoking SARFAESI measures, including asset possession and sale.

**Customer (Internal & External)**:

- Provide legal advice to stakeholders and management, protecting the Bank’s legal interests.
- Liaise with regulators, statutory authorities, and law enforcement agencies for legal issue resolution and compliance.

**Internal Process**:

- Adhere to timelines for reporting, legal documentation, and compliance with government/regulatory requirements.
- Educate internal stakeholders on legal aspects and assist in NPA resolution through SARFAESI and other recovery measures.
- Coordinate legal actions with collections and other verticals at the regional level.

**Innovation & Learning**:

- Maintain a legal database and provide training on relevant laws to stakeholders.
- Keep updated on legal developments affecting litigation and recovery and advise business teams on implications.
- Ensure timely goal-setting, performance reviews, and continuous improvement through coordination with stakeholders.

**Functional Skills**:
**1) Experience in legal matters relating to**:

- General and Commercial Laws
- Civil Procedure Code
- Criminal Procedure Code
- Indian Penal Code
- Evidence Act
- Insolvency and Bankruptcy Code
- Civil Procedure Rules
- Arbitration and Conciliation Act
- Negotiable Instruments Act
- Payment and Settlement Systems Act
- Banking Ombudsman Scheme/Integrated Ombudsman Scheme
- Regulatory and Statutory Compliance
- Banking Regulation Act
- Reserve Bank of India Act
- Registration Act
- Stamp Act
- Aadhaar Regulations

**2) Proficiency in drafting and vetting of legal documents.**

**Qualifications**:

- Graduation in Law. Preferably having experience as an Advocate. Ideal to have experience in banking operations
- 06-10 years of experience as a Legal Professional, out of which at least 4 years should be in Banks/NBFCs/Fintech Companies

Pay: Up to ₹2,800,000.00 per year

**Experience**:

- NBFC/ BFSI 's Legal Team: 4 years (required)

**Location**:

- Bengaluru, Karnataka (preferred)

Work Location: In person



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