Indifi - Manager/Senior Manager - Legal

About the Company:

Indifi Technologies, founded in 2015, is a Gurgaon-based online platform for enabling debt-financing of up to INR 50 lakhs for small businesses.

It aims to substantially improve the experience for borrowers regarding the speed of approval and disbursement, the convenience of the loan process, the relevance of the loan product to their business needs and finding the best rates in the market.

Driven by the idea of expanding access to MSME financing in India, Indifi has emerged as an enabler for start-ups and small businesses to seek seamless access to funding.

Indifi's tech-led approach to lending helps analyze data of businesses from various ecosystem sources (partners) and draws insights to judge their credit worthiness.

Through its tech interventions Indifi has been successful in making the loan process digital for both lenders and MSMEs by minimizing risk, reducing paperwork, associated costs, while providing a simple and hassle-free experience of setting the businesses on the path to growth.

About the Role:

To draft, review, negotiate and provide all required support for agreements, documentation and queries raised from time to time by business and other stakeholders across various verticals and to ensure legal and regulatory compliance in the documentation/agreements and framework of the verticals.

Responsibilities:

• Draft, review, and negotiate various transactional and commercial agreements and other legal documents for the fintech and its NBFC arm such as lending service provider agreements, facility agreements, corporate/personal guarantees, cash margin agreements, agreements with lenders, business correspondent agreements, co-lending agreements, escrow agreements, anchor/alliance/business partnership/referral agreements, direct seller agent agreements, SaaS agreements, collection services agreements, cash management services agreements, NDAs, consultancy agreements, engagement letters, term sheets, MoUs, lease deeds, mortgage deeds, other vendor agreements, etc.
• Review and negotiate the agreements and work closely with the Treasury Department for raising debt by issuing NCDs, PTCs, direct assignment of loan portfolio, and securing term loans.
• Advise on matters in the domain of lending and fintech activities to ensure compliance with various regulations issued by the RBI including Digital Lending, Financial Services & IT Outsourcing Guidelines, Guidelines on DLG in Digital Lending, Digital Personal Data Protection Act, 2023, etc.
• Independently handle end-to-end contract lifecycle management including MIS preparation, database management, renewal and termination of contracts, and maintaining a filing system.
• Contribute to continuous improvement of standard agreements and legal processes.
• Track new updates from RBI.
• Follow up with stakeholders on agreements/addendums.
• Ensure both legally and commercially that all agreements are carried out in the company's best interests.
• Assist relevant stakeholders with audits.
• Ability to work closely with the senior management.
• Ability to take complete ownership of work and work independently within the expected timelines.

Qualifications:

• Bachelor's degree in law - LLB.
• Higher qualifications will be preferred.
• 2 - 9 years of relevant experience.
• Experience in developing and implementing processes for efficient and streamlined operations surrounding contract negotiations and processes.

Required Skills:

• Ability to provide competent legal advice to senior management on a wide range of legal and policy issues.
• Should be good in presentations & negotiations.
• Should have strong knowledge on legal matters.

Preferred Skills:

• Industry/company/functional exposure needed: BFSI.
• Prior experience with the Legal department of FinTechs and/or NBFCs is preferable.

Pay range and compensation package:

• Not specified.

Equal Opportunity Statement:

• Indifi is committed to diversity and inclusivity in the workplace.