Legal Manager

Credila Financial Services Limited

Mumbai, India

2-5 Years

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Posted 14 hours ago
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Job Description

Company Background

Credila Financial Services Limited (Formerly known as HDFC Credila Financial Services Limited) is one of India's largest education loan non-banking financial companies (NBFCs) offering education loans to Indian students. With an in-depth understanding of the higher education domain in India as well as overseas, Credila offers tailor-made education loan solutions that help enable students to be financially equipped to pursue their education at their dream university and country of study. Since inception, Credila has funded 178,000+ Indian students across 63 countries in 4,600 institutes

Job Description

Draft and solidify agreements, contracts (including but not limited to those related to lending products) and other legal documents to ensure the company's full legal right. Drafting various legal documents/letters/replies including drafting of replies with respect to various court action. Preparation of MIS report across all locations. To anticipate, research and manage the (legal) risks connected with or resulting from business decisions and operations.

To assist in documentation, drafting, and vetting legal documents. The person will be responsible for counseling the business operations by giving pro-active, professional, competent, (cost) effective and creative legal support and will need to bring negotiation and drafting skills and business sense to deal with multiple functional teams in a rapidly scaling business. The incumbent will collaborate with business leaders and support teams (Finance, Operations & HR) advising on legal risks, business strategies and other issues related to the Company's businesses. The person will be required to work independently as well as part of various teams and take on projects in addition to the daily day job.

Responsibilities

Being a close partner to the business by assisting in a broad spectrum of legal, compliance matters within the Company
Advising on NBFC regulatory framework with a proper understanding of the main terms and conditions of commercial contracts, partnership agreements Loan Agreements, Supply Agreements and other typical contracts used by the finance industry.
Advising on legal matters and projects; working closely with and providing strategic guidance to the business, to support the Company's expansion activities.
Advising on general business law issues and managing the legal issues of all areas of the company, including but not limited to corporate matters, procurement, safety, security, insurance and sustainability issues.
Draft and solidify agreements, contracts (including but not limited to those related to lending products) and other legal documents to ensure the company's full legal rights
Represent the department as required in liaison with the Country Management and business units
To anticipate, research and manage the (legal) risks connected with or resulting from business decisions and operations- Apply effective risk management techniques and offer proactive advice on possible legal issues
Communicate and negotiate with external parties (regulators, external counsel, public authority etc.), creating relations of trust
Provide clarification on legal language or specifications to everyone in the organization
Maintain current knowledge of alterations in legislation- Identify need for and implement new or updated Company directives/guidelines based on local legislation and directives
To secure compliance of business operations with relevant laws and regulations.
Ethics and Compliance and governance services- Specify internal governance policies and regularly monitor compliance
To pro-actively create and maintain awareness of business employees for (compliance with) relevant laws and regulations.
Assist to implement and maintain the Company's Compliance program, including policies and procedures, deliver Compliance training addressing employee needs and Compliance requirements as well as enhancing employee awareness and knowledge of regulatory requirements and sensitivities in India.
Liaison with advocates, other consultants.
Drafting and filing criminal complaints/ FIRs
Drafting various legal documents/letters/replies including drafting of replies with respect to various court actions

Skills

Should have sound legal knowledge on Code of Civil Procedure; Code of Criminal Procedure; Indian Penal Code; Companies Act; Insolvency and Bankruptcy Code, 2016 (IBC); SARFAESI Act, 2002; Transfer Of Property Act; Consumer Laws, Laws relating to mortgage lending (Negotiable Instruments Act, Payments & Settlement Act, Arbitration, Mediation etc.)
Strong legal experience in corporate and commercial matters.
Experience on managing external legal counsels.
Relevant experience in M&A, Project Finance.
Solid knowledge of general business law issues of a financial services provider including regulatory framework.
Strong written and oral communication skills
Litigation skills to handle administrative procedures within public authorities
Excellent interpersonal skills, Team player and Motivator.

Qualifications and Experience