About the role

AVP Legal Counsel – Banking and Financial Services

Job Summary:

The AVP Legal Counsel will play a critical role in providing legal guidance and support within our Banking and Financial Services sectors. This position involves drafting, negotiating, and reviewing a variety of legal documents while ensuring compliance with regulatory frameworks and laws, significantly impacting our operational efficiency and risk management.

Key Responsibilities:

Draft, review, vet, and negotiate Business Correspondent (BC) agreements, DSA agreements, and related onboarding documentation.
Create facility agreements (secured/unsecured) and co-lending agreements along with SLAs.
Prepare hypothecation deeds, guarantees, demand promissory notes (DPNs), and non-disclosure agreements (NDAs).
Review constitutional documents and authorizations for lending transactions to ensure legality and compliance.
Conduct legal research and track regulatory updates impacting NBFC operations for strategic insights.
Liaise with external counsel, law firms, and consultants for transaction and legal support where necessary.
Assist in maintaining documentation systems and records, ensuring optimal organization and accessibility.

Requirements:

Education: LLB/LLM from a recognized institution.
8 – 15+ years of post-qualification experience (PQE) in Banking, NBFC, or Financial Services.
Demonstrated strong experience in Supply Chain Finance, co-lending, and bilateral loan documentation.
Robust drafting and negotiation skills with a deep understanding of lending products.
Solid familiarity with applicable laws, RBI regulations, and guidelines pertinent to NBFC operations.
Excellent communication skills, with attention to detail and a tech-friendly mindset.
Strong analytical and research skills to support legal evaluations and technical assessments.

Preferred Qualifications:

Hands-on experience in drafting and negotiating complex co-lending structures and agreements.
Familiarity with the review process of Business Correspondent (BC) and DSA agreements.
In-depth knowledge of relevant laws including Companies Act, Indian Contract Act, Sale of Goods Act, Transfer of Property Act, IBC, and SARFAESI.
Strong command and insight into RBI Master Directions applicable for NBFCs, including outsourcing guidelines and co-lending guidelines.