Company Description
Lex Favios, Advocates & Solicitors is seeking a detail-oriented and commercially astute Associate to join our Banking Team. The ideal candidate will have prior experience in a law firm and a strong foundation in banking and finance matters, including conducting Title Search Reports, reviewing and drafting loan documentation, and advising on secured lending transactions. The role demands precision, responsiveness, and a sound understanding of legal and regulatory frameworks governing banking operations in India.
Key responsibilities shall be as under:
Title Search & Due Diligence
- Conduct title due diligence for various types of properties (agricultural, residential, commercial, industrial)
- Prepare and vet Title Search Reports and Property Due Diligence Notes
- Liaise with local counsel for verification of land records and encumbrance certificates
- Identify risks and encumbrances affecting the lender's security interest
Loan Documentation & Transaction Support
- Review and draft loan agreements, sanction letters, facility agreements, and security documents (mortgage deeds, hypothecation agreements, pledge agreements, etc.)
- Assist in structuring and documenting secured and unsecured lending transactions
- Coordinate with lenders, borrowers, and internal teams for transaction closure
Regulatory & Compliance Advisory
- Advise on SARFAESI Act, Transfer of Property Act, and other relevant banking regulations
- Support clients in complying with registration requirements under CERSAI, ROC, and stamp duty laws
- Monitor timelines for perfection of security and post-disbursement compliance
Qualifications & Skills
- LL.B. from a reputed law school;
- 13 years of experience in a law firm's banking or real estate practice
- Strong drafting and analytical skills
- Familiarity with land laws across key Indian states
- Ability to manage multiple transactions and deadlines
- Excellent communication and client-handling skills
- Proficiency in MS Word and Excel for documentation and reporting
Preferred Exposure
- Lending transactions involving NBFCs, banks, and financial institutions
- Real estate financing, project finance, and structured finance
- Title diligence for large land parcels and commercial assets
- Working knowledge of stamp duty and registration laws across jurisdictions
