Assistant Manager - Legal IIFL Finance
IIFL Finance
Office Location
Full Time
Experience: 5 - 5 years required
Pay:
Salary Information not included
Type: Full Time
Location: All India
Skills: legal documentation, Litigation management, Regulatory Compliance, Risk management, Client Interaction, Stakeholder Interaction
About IIFL Finance
IIFL Finance Limited (previously known as IIFL) (NSE: IIFL, BSE: 532636) is one of the top financial services providers in India. It offers a variety of loans and mortgages through its subsidiaries IIFL Home Finance Limited, IIFL Samasta Finance Limited (Formerly known as Samasta Microfinance Limited), and IIFL Open Fintech Private Limited. These include home loans, gold loans, business loans, including loans against real estate, medium & small enterprise financing, micro finance, developer & construction finance, and capital market finance; catering to both retail and corporate clients. The company has a strong national presence with 3,119 branches in 500+ cities.
Job Description
As a Legal professional in the department, your role will involve various key responsibilities including legal documentation, litigation management, regulatory compliance, risk management, and client/stakeholder interaction. Your main focus will be on legal documentation where you will be responsible for drafting, reviewing, and vetting gold loan agreements, security documents, and related contracts to ensure compliance with relevant laws. Additionally, you will handle litigation management by overseeing legal proceedings related to gold loan defaults, including cases under Section 138 of the Negotiable Instruments Act. This will involve coordinating with external legal counsel for representation in courts and tribunals. Staying updated with changes in laws and regulations affecting the gold loan industry will be crucial as part of regulatory compliance responsibilities. You will need to ensure that the company's operations align with RBI guidelines and other regulatory requirements. Identifying potential legal risks in the gold loan process and recommending mitigation strategies will be part of your risk management duties. You will also be required to advise on the legal implications of business decisions and operational processes. Furthermore, you will interact with clients, legal authorities, and other stakeholders to resolve legal issues. Providing legal opinions and advice to internal teams on gold loan-related matters will be essential for effective client and stakeholder interaction.,