Legal Officer

2 weeks ago


Mumbai, India FatakPay Digital Private Ltd Full time

**Position Overview**:
FatakPay, a leading lender in the financial industry, is seeking a skilled and experienced Legal Officer to oversee and manage debt collection processes through legal tools. As the Legal Officer, you will be responsible for ensuring compliance with applicable laws and regulations while effectively recovering outstanding debts. This position is based in India.

**Responsibilities**:
**Debt Collection Strategy**:
Develop and implement an effective debt collection strategy, utilizing legal tools and processes, to ensure timely recovery of outstanding debts.

**Legal Compliance**:
Stay up-to-date with relevant laws, regulations, and legal procedures pertaining to debt collection in India, ensuring full compliance in all activities.

**Documentation and Records**:
Maintain accurate and detailed records of debt collection activities, legal proceedings, and related documentation.

**Negotiation and Settlements**:
Conduct negotiations with debtors, seeking mutually agreeable settlements or payment plans while protecting the interests of FatakPay.

**Legal Proceedings**:
Initiate and manage legal proceedings, including filing lawsuits, drafting legal documents, and representing FatakPay in court, if necessary.

**Collaboration**:
Collaborate with internal departments, such as Risk Management and Operations, to ensure seamless debt recovery processes and optimize collection strategies.

**Vendor Management**:
Oversee relationships with external legal agencies, ensuring their compliance with service level agreements and quality standards.

**Training and Education**:
Conduct training sessions and provide guidance to employees on legal aspects of debt collection to enhance overall compliance and effectiveness.

**Qualifications**:
**Education**:
Bachelor's degree in Law (LLB) from a recognized university. A higher degree in law or a relevant field is preferred.

**Experience**:
Minimum of 1 years of experience in debt collection, preferably within the financial industry. Experience with legal tools and processes for debt recovery is essential.

**Legal Knowledge**:
**Communication Skills**:
Excellent verbal and written communication skills, with the ability to negotiate, draft legal documents, and effectively represent FatakPay's interests in legal proceedings.

**Analytical Skills**:
Strong analytical and problem-solving skills to assess legal risks, evaluate debtors' financial situations, and determine appropriate collection strategies.

**Attention to Detail**:
Meticulous attention to detail to maintain accurate records, review legal documents, and ensure compliance with legal requirements.

**Team Player**:
Ability to collaborate effectively with cross-functional teams and external agencies to achieve collective goals.

**Time Management**:
Strong organizational and time management skills to prioritize tasks, meet deadlines, and manage multiple debt collection cases simultaneously.

**Job Types**: Full-time, Regular / Permanent

Schedule:

- Day shift

Ability to commute/relocate:

- Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

Application Deadline: 10/07/2023
Expected Start Date: 10/07/2023


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