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SAD/DIRECTOR Legal Compliance - NBFC

  • Gurugram, Haryana, India
  • On Roll
  • Legal & Compliance
  • 10 - 12 years
Job Title:

SAD/DIRECTOR Legal Compliance - NBFC

Job Description:

Candidate shall be responsible for contract life cycle management and shall be:
Drafting and vetting of Agreements, Deeds, Settlements and consent terms
Providing opinion/inputs to the Credit Underwriting Team / Management on the acceptability of the documents or deficiencies/ risks in the documents.
Providing opinion to the Credit Underwriting Team / Management on the mortgage ability of the property in question and the nature of mortgage to be created to secure the proposed lending.
Verification/Scrutiny/Vetting of documents.
Drafting / Modification of various loan agreements / undertakings to secure various lending transactions.
Effecting security / mortgage creation / charge creation and execution of various loan documents.


Compliance Management & Corporate Advisory:
Candidate shall be responsible for establishing and enforcing Compliance charter and shall be:
setting up Governance Structure,
Advising and supporting end-to-end businesses undertaken.
Liaison with Reserve Bank of India
Ensure compliance of reporting and NBFC guidelines.
Rolling up compliance checklist.

Litigation Management:
The Candidate shall be responsible for handling litigation for the NBFC throughout India and Involved in advising the Collection and Recovery teams spread over multiple locations in India and shall be:
Advising the team on the strategy to be adopted for litigation in crucial cases.
Monitoring of the litigation portfolio and maintaining good rate of recovery.
Crisis management in the event of arrest and adverse media campaigns against the NBFC on legal issues.
Imparting legal training to the entire Collection / Legal team throughout India, for creating basic legal awareness.
Appointment and Empanelment of Advocates.
Identifying and suggesting process changes for effective legal recourse and recovery.

Experience Range:

10 - 12 years

Educational Qualifications:

-LLB in Law, -LLB in Law,

Job Responsibilities:

Contract management:
Candidate shall be responsible for contract life cycle management and shall be:
Drafting and vetting of Agreements, Deeds, Settlements and consent terms
Providing opinion/inputs to the Credit Underwriting Team / Management on the acceptability of the documents or deficiencies/ risks in the documents.
Providing opinion to the Credit Underwriting Team / Management on the mortgage ability of the property in question and the nature of mortgage to be created to secure the proposed lending.
Verification/Scrutiny/Vetting of documents.
Drafting / Modification of various loan agreements / undertakings to secure various lending transactions.
Effecting security / mortgage creation / charge creation and execution of various loan documents.


Compliance Management & Corporate Advisory:
Candidate shall be responsible for establishing and enforcing Compliance charter and shall be:
setting up Governance Structure,
Advising and supporting end-to-end businesses undertaken.
Liaison with Reserve Bank of India
Ensure compliance of reporting and NBFC guidelines.
Rolling up compliance checklist.

Litigation Management:
The Candidate shall be responsible for handling litigation for the NBFC throughout India and Involved in advising the Collection and Recovery teams spread over multiple locations in India and shall be:
Advising the team on the strategy to be adopted for litigation in crucial cases.
Monitoring of the litigation portfolio and maintaining good rate of recovery.
Crisis management in the event of arrest and adverse media campaigns against the NBFC on legal issues.
Imparting legal training to the entire Collection / Legal team throughout India, for creating basic legal awareness.
Appointment and Empanelment of Advocates.
Identifying and suggesting process changes for effective legal recourse and recovery.

Candidate should have experience of working in leading NBFC/Fintech/Auto Finance Company.
Bring a strategic mindset to manage compliance and legal function. Be a business enabler, while managing risks.
Ensure compliance with regulatory guidelines, review and approve product and processes from a compliance and legal viewpoint.
Regulatory compliance, build and implement Board policies and controls on compliance.
Draft, review, negotiate legal contracts with strategic partners, investors, fin-tech partners, outsourcing vendors.
Understand the wide range of commercial agreements, review the contracts and extract key clauses and summarize them.
Extract obligations as per published business rules/guidelines.
Experience on legal automation.
Validate information in accordance with quality standards.
Regularly follow up and manage obligations via automation or manually.
To assist/work with team in adhoc activities in order to meet the deadlines.
Team player, ability to work with cross functional leaders.

Skills Required:

Contract and Litigation Management NBFC Exp., NBFC, Compliance and Regulatory,

Candidate Attributes:

Law graduate i.e. LL.B. (LL.M. is a plus) from a premium Law School in India.
Candidate should have a minimum 10 years of total post-qualification experience in the legal and compliance function of NBFC, Financial Services and Fin-tech industry and/or law firms focusing on clients from NBFC, Financial Services and Fin-tech domain.
Must have thorough understanding of Legal & regulatory framework around BFSI, RBI regulations and compliance regime for NBFC/Fintech Business;
Reliability, dependability - Works hard and does what it takes to get results and meets deadlines. Takes accountability and works well in a cross functional team.
Writing, speaking and listening effectively- Writes, speaks and presents information effectively, clearly and with brevity. Communicates to improve understanding, decision-making and performance. Understands the value of listening to others. Thinks before speaking. Probes to understand and confirms understanding of what is heard. Encourages others to speak.
Composure- Handles unexpected events calmly. Successfully copes with unintended consequences. Helps co-workers thrive in stressful situations. Identifies and manages stress due to lack of control. Acts with the highest level of professionalism and maturity during crisis situations. Looks immediately for resolution rather than placing blame.
Dealing with ambiguity- Able to function well in loosely structured situations. Works effectively in situations involving uncertainty or lack of information. Effectively handles multiple projects or tasks at the same time. Is open to and responds flexibly to change.
Open communication- Willing to ask and honestly answer the tough questions. Treats other's opinions with respect. Fosters open communication and candid discussions. Shares information that helps others do their job well. Keeps others in the loop.
Company-wide perspective- Able to assess broader and deeper impact of decisions. Focuses on what is right for the company not just what is best for the group, project or self. Does not act in ways that sub-optimize for the overall business. When possible, encourages cross-functional and cross business brainstorming and project teaming.

Job Code: KL-62N8D8G4
About Us
India’s largest auto-tech company and a one stop shop for an integrated auto- ecosystem play, to provide exceptional consumer experience through best-in-class product and tech innovations. With more than 91 million in monthly traffic, 52 million monthly unique visitors, 3.5 million YouTube subscribers and more than 10 million mobile app downloads, GirnarSoft group has become the largest consumer facing auto tech company in the country with 86% of the New Car Buyers who research online come to CarDekho.com. The Company is also a pioneer in introducing specialized portals like TyreDekho.com, TrucksDekho.com and CollegeDekho.com.

Presence in international markets under the brand names of ZigWheels and OTO, covering diverse countries such as Malaysia, Philippines, and Indonesia. OTO.com is the number one auto site in Indonesia.

We are looking for Tigers to roar!

If you believe you’re born to innovate great things. Well, you have come to the right place.
Why Us?
Organization:
1. Largest online auto platform and only company providing end-to-end customer value proposition for automotive purchase
2. Phenomenal growth story: Net Revenue grew 45% y-o-y in Q4FY21; Series E funded; recently entered the Unicorn club

Role:
1. Opportunity to make a real difference supplemented by great camaraderie, autonomy at work and super-fast speed to action
2. Avenues to explore self-interests / strengths and land in the right role

Leadership:
1. Humble, Capable and visionary leadership
2. Top-notch Advisory Board

Culture:
1. High on meritocracy: You hustle, you perform, you get rewarded
2. Deep rooted values (DELITE – Decisive, Empathy, Lean, Innovative, Trustworthy, Excellent Customer Service)