Assistant Manager – Legal | Bangalore

About the Company: A leading MFI in India.

Role Overview:

The role involves providing end-to-end legal support to the Company’s lending and corporate functions, including contract management, regulatory advisory, documentation of financial products, and litigation coordination. The candidate will play a key role in ensuring legal and regulatory compliance in line with applicable RBI and other regulatory frameworks governing NBFC MFIs.

Reporting To: Deputy General Manager – Legal

Key Responsibilities:

1. Contract Management & Documentation:
   • Review, draft, and negotiate a wide range of agreements including:
     • Non-Disclosure Agreements (NDAs)
     • Memoranda of Understanding (MoUs)
     • Service Agreements/ Master Service Agreements (MSAs)
     • Information Technology Agreements
     • Lending and Security Documents
     • Debenture Trustee Agreements
   • Manage contract lifecycle, preferably using Contract Lifecycle Management (CLM) tools.
   • Standardize templates and improve contracting processes.
2. Legal Advisory:
   • Provide day-to-day legal advice to business, operations, credit, finance, and other internal stakeholders.
   • Support new product launches (retail loan products) and business initiatives from a legal and regulatory standpoint.
3. Lending & Borrowing Documentation:
   • Review and advise on loan documentation from both lending and borrowing perspectives.
   • Draft and structure documentation for:
     • Microfinance Loans
     • Business Loans
     • Housing Loans
     • Emerging Loans
   • Assist in corporate borrowing transactions (domestic/international), including review of financing documents and security structures.
4. Regulatory & Compliance Support:
   • a. Interpret and advise on regulatory frameworks applicable to NBFCs, including:
     • RBI guidelines and circulars
     • Applicable corporate and financial laws
     • Relevant SEBI regulations (where applicable)
   • Ensure legal documentation and processes are aligned with evolving regulatory requirements.
5. Litigation & Dispute Management:
   • Coordinate with external legal counsel on litigation and dispute matters involving:
     • Customers
     • Employees
     • Vendors and service providers
   • Review legal notices, prepare responses, and track litigation progress (cases against the company).
   • Maintain and update litigation MIS and case trackers.
6. Legal Risk Management & Governance:
   • Develop and maintain:
     • Legal risk indicators
     • Legal registers
     • Litigation management systems
   • Identify, assess, and escalate key legal risks to senior management.
   • Contribute to the development and review of internal policies and SOPs.
7. Legal Research & Strategic Support:
   • Track and analyze emerging legal and regulatory developments impacting the NBFC sector.
   • Identify potential legal, regulatory, and fraud risks and proactively advise management.

Qualification, Experience and Skills:

1. Graduate in Law(mandatory), LLM (preferred).
2. 3 to 4 years of relevant experience.
3. Prior experience in:
   • Head Office or Corporate Office of NBFC/Bank/Financial Institution (preferred)
   • Law firm experience in banking & finance (added advantage)
4. Good drafting & communication skills.
5. Experience in contract review, negotiation and management and Corporate Laws.
6. Strong understanding of lending and financing documentation, including Corporate Borrowings and structured finance.
7. Experience in co-lending arrangements and securitization/assignment transactions(preferred).
8. Knowledge of RBI regulations applicable to NBFCs/MFIs.
9. Familiarity with the Digital Personal Data Protection Act, 2023 (DPDPA) and related rules.
10. Ability to work with cross-functional teams.
11. Exposure to data privacy, outsourcing guidelines, and fintech partnerships (preferred).