Assistant Manager Legal

Job Summary:

The Assistant Legal Manager will support the legal function of the company with a focus on auto loan documentation, litigation handling, recovery support, vendor contracts, and regulatory compliance. The candidate must have strong knowledge of NBFC operations, SARFAESI, arbitration laws, civil/criminal procedures, and recovery litigation processes.

Key Responsibilities:

1. Litigation & Recovery:

• Manage litigation matters related to auto loan defaults, including Demand Notice, Arbitration Process, Section 138, Section 9&17 and Loan Recovery Notice.
• Coordinate with external law firms and advocates for filing and defending cases.
• Assist business and collections teams in handling delinquency recovery and legal notices.
• Track and manage recovery legal matters end-to-end.

2. Loan Documentation:

• Review and vet loan agreements, hypothecation agreements, and other customer-facing legal documents.

• Ensure compliance with RBI guidelines and internal policies in all legal documentation.

3. Contract Management:

• Draft, review, and negotiate vendor agreements, empanelment contracts, lease agreements, and service-level agreements (SLAs).
• Maintain a repository of all contracts and track renewals and obligations.

4. Regulatory & Compliance Support:

• Stay updated with applicable laws (RBI, NBFC, Motor Vehicles Act, Consumer Protection, etc.) and ensure internal processes adhere to regulations.
• Liaise with compliance team on audits, inspections, and regulatory filings.

5. Legal Advisory & Risk Mitigation:

• Advise internal stakeholders on potential legal risks and mitigation strategies.
• Participate in internal policy and process reviews from a legal lens.

Qualifications:

• LLB (mandatory), LLM (preferred).
• 6-8 years of legal experience, preferably in NBFC / Banking / Auto Finance / Law firm handling financial sector clients

  Looking to get Placed? Try our Placement Guarantee Plan

  Get Hired
  .

Skills Required:

• Strong knowledge of auto loan processes, recovery laws, and NBFC regulations.
• Excellent drafting, negotiation, and communication skills.
• Ability to manage multiple legal matters and work with cross-functional teams.
• Proficiency in MS Office, legal MIS reporting, and documentation systems.

Preferred Background:

• Prior experience working in or for an NBFC or Banks auto loan/legal recovery division.
• Experience handling litigation portfolios across multiple states/courts.