| Job Purpose | This position is open with Bajaj Finance ltd. Leading the Consumer Lending Legal Team which provide assistance and support on legal aspects to Consumer Retail SME and FD business of the Company and its group companies and supporting the organizations business objectives by providing appropriate advise on varied legal aspects and documentation. |
| Duties and Responsibilities | Commercial Lending Business and Loan Against Securities Business and Operations functions of BFL on legal related issues. Assist Senior Head-Legal in addressing Legal risks relating to Commercial Lending business & LAS. Guide the internal business teams to ensure the relevant legal and regulatory requirements are well understood and are reflected in the relevant documentation and internal procedures and policies of these businesses. Review negotiate vet and finalise documentation pertaining to Commercial Lending LAS transactions Service Provider Agreements IT contracts Admin and HR contracts Actively support the Businesses/Functions in negotiations with clients vendors service providers in finalizing legal documents Ideate and provide solutions available for documentation or any legal queries and issues. Review and updation of the standard documentation and new products documentation for LAS Commercial Lending Advising for the business teams on specific legal queries Assisting the teams for legal requirement for Merger/Acquisition financing cases and structured finance transaction Strategic Investments dealing with Assignment of portfolios Corporate & sensitive litigation issues. Keep track of the changes in law and regulation and its impact on the businesses supported and update the management on such updates documentation Review and vet the documentations received for all the borrowings from bank external commercial borrowings bond issuances etc. ISDA documentation(Hedging the foreign currency) contracts review with counterparties Actively participate along with Treasury team in all negotiations with counterparties in finalizing documentation Litigations and NCLT Matters Provide strategic advice and support to the Litigation team on policies/processes. Strategise liaise with external counsels review and approve all pleadings and manage all high stakes litigations filed by/against BFL Manage all high stake NCLT matters Respond to all legal notices complaints respect of Commercial Lending LAS and any other high stake matters. NOTICES development Establish individual performance expectations and regularly review individual performance of the team to manage attrition. Identify and create development opportunities training team building activities induction sessions for team members to enhance functional knowledge. |
| Required Qualifications and Experience | a)Qualifications A law Graduate or a Post Graduate in Law from an institute of repute b)Work Experience At-least 12 years post qualified experience in handling Wholesale Banking in Banking & Financial services industry. Experience in NBFC is an added advantage. Having exposure in handling Corporate Lending Capital Markets Financing of Mergers/Acquisitions Treasury Strategic Investments Assignment of portfolios. Experience in Drafting Plaints Written Statements pleadings etc. knowledge of Court procedures etc. Understanding of relevant laws and regulations particularly on the banking and NBFC sector. Excellent communication skills both written and oral and relationship management drafting and negotiation skills. Strong desire and able to work in a high paced growing and ever demanding environment. Should be a self-starter and a team player and able to manage the large team which include constant motivation grooming retention etc. Should have strong relationships with major Law Firms and Advocates. Should be able to work under pressure result oriented and problem solving approach in dealing with various legal and regulatory issues. |
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