Objective (Purpose of the Job):

To establish, lead, and manage the legal underwriting and collateral documentation framework for the Loan Against Property (LAP) business. This role ensures high-quality legal diligence, enforceability of mortgage documentation, vendor performance, and compliance across states—supporting scalable and secure disbursement.

Key Responsibilities:

1. Legal Due Diligence & Documentation

Create and update legal due diligence checklists—covering title verification, encumbrance status, mutation, registration, and local regulation compliance
Review & approve title opinion reports, mortgage deeds, sanction letters, and ensure legal completeness before disbursal

2. Vendor Empanelment & Performance Management

Empanel law firms, search agencies, and advocates nationally, establishing SLAs, quality KPIs, and regional benchmarks
Conduct periodic vendor audits, performance reviews, and ensure TAT/compliance adherence.

3. Policy, SOPs & Regional Compliance

Develop and institutionalize SOPs/legal policy manuals, with state-level adaptations for rural, semi-urban, and urban markets
Stay updated on changes in property, mortgage, SARFAESI, IBC, and register necessary updates.

4. Recovery & Enforcement Support

Support recovery actions, including SARFAESI applications, foreclosure, litigation, and arbitration
Collaborate with operations and collections for legal escalations and secure enforcement remedies.

5. Advisory & Crossfunctional Collaboration

Act as legal advisor to Credit, Ops, Collections, Risk, and Sales teams—offering timely legal clarity and training
Conduct frequent internal workshops on legal documentation practices and risk signals.

6. MIS, Reporting & Governance

Build dashboards to track legal due diligence cases, vendor performance, TAT, title exceptions, and risks.
Lead periodic legal audits, respond to findings, and report updates to National Credit Head and Audit/Risk committees.

Required Skills:

Strong grasp of Indian property laws, SARFAESI, IBC, RERA, Land Registration, Stamp, and local municipal laws
Experience in secured-lending documentation, title/legal due diligence, and recovery regulations.
Drafting and reviewing mortgage deeds, loan agreements, SARFAESI notices, and title opinion letters
Familiarity with LOS/DMS systems for legal documentation tracking.
Vendor negotiation, vendor quality management, and SLA governance.
Excellent stakeholder management and cross-functional collaboration.
Strong communicator and trainer in legal documentation standards.
LLB / LLM from recognized university; Advanced degrees a plus
7–8 years of legal experience in NBFC/Bank mortgage lending, including 2+ years in team management.
Exposure with Rajasthan market specially in tier2/3 markets.

Regional Legal Manager- LAP (AP/Telangana0