Legal Associate

Legal Associate is responsible for supporting the legal and compliance functions of Maanaveeya, particularly in relation to loan transactions, regulatory adherence, and litigation coordination. The role demands strong legal acumen, proactive risk mitigation, and effective stakeholder management in a fast-paced, mission-driven NBFC environment.

During Approval process: -

• To review approval text, Review of KYC of Partners, Legal and Security conditions point of view.
• To review loan and collateral documentation as to its compliance with the law and its enforceability in the local courts; ensure that the loan and collateral documentation is properly registered.
• Drafting and vetting of all legal documents in relation to the loans granted to the partners.
• To provide legal advice to the project officers during their due diligences/ KYC,
• To review of the loan documents pertaining to projects with production & services partners.
• To Submit all Legal & KYC documents enabling authorization of disbursements for such projects.
• To review of Amendments to the existing loan contracts.
• legal support and advice for Maanaveeyas borrowings,
• any other support required from time to time from legal perspective.

During Legal Documentation (Post approval):-

• Review, suggest solutions and discuss on the loan documents to be executed by Maanaveeya while disbursements of the loans.
• To support and coordinate the process of loan documentation and disbursement.
• To prepare and maintain a tracking system for monitoring of charges created by our partners in favour of MV and also list of hypothecated loans etc.

Disbursement process:-

• Approval for documentation of the projects disbursements and to ensure quality and efficiency in preparation of legal documentation necessary to implement all Credit Committee loan decisions.
• To ensure that the loan and collateral documentation is properly registered with local authorities and LMS and within the Legal Safe file in Box;
• To support in providing the Legal clearance to Finance for disbursements.