Job Description A Job Specification 1 Company Name : Muthoot Fincorp Limited 2 Position / Designation : State Legal Recovery – Secured & Unsecured Lending Business 3 Grade : 4 Employment Type : All Employment Type 5 Reporting to – Designation & Grade : National Legal Head – Secured & Unsecured Lending Business 6 No. of Reportees, Designation & Grade : 7 Main Tasks & Areas of Responsibility : Drafting and vetting of transaction documents • Finalizing the documents in connection with the acquisition of financial assets by ARC from other banks /financial institutions. • Devising all the documents for issuance for security receipts by ARC to qualified institutional buyers. • Overseeing all documents, process and compliance for additional investments into the ARC (e.g., additional equity or NCDs) and all agreements the ARC is a party too • To oversee external counsel/subject matter experts in connection with documentation Set up and administer efficient systems and processes towards legal risk management • To anticipate and guard against legal and regulatory risks facing ARCs business • To set up, implement and periodically update Legal SOP comprising of standard procedure for administering/ managing legal functions involving corporate legal issues, dispute resolution, due diligence, DMS, empanelment etc. • To efficiently manage/ support other legal process initiatives including security release/ replacement, MIS, DMS, empanelment etc. • To keep informed of industry-specific regulations to ensure that appropriate risk management strategies are in place • To analyze legal and regulatory issues for their impact on specific investments, investment strategies and relevant regulatory implications Dispute Resolution • To set-up efficient dispute resolution strategy. • Handling SARFAESI/ IBC and other legal matters before legal fora and with with external counsel. • To closely co-ordinate with lawyers on various forms of dispute resolution • To efficiently manage litigation data and documents including details of orders, awards, claims, counter-claims, litigation etc. General Support • To provide support towards drafting and vetting of non-lending contracts, e.g., service provider agreement, non-disclosure agreements, I.T Contracts, H.R Contracts etc. • To provide opinion/ advise on any day to day/ legal issue. To focus on skill enhancement & team development • Periodically conduct sessions/ seminars on concerned legal and regulatory subjects. • Arrange for training of the Legal Team, Compliance Team and Corporate Secretarial Team from time to time to keep the team updated with changing laws and precedents • To share legal updates with the relevant ABC and Varde representatives on legal and regulatory issues pertaining to AB ARC business. Compliance • To develop and maintain strong knowledge of laws, regulations and industry best practices for ARCs, stressed and distressed asset acquisitions and restructurings. • To monitor and report on developments in compliance and regulatory arena. • To oversee the planning and execution of compliance programs, including monitoring, testing, identifying opportunities for improvement and communicating value added recommendations • To be responsible for ensuring compliance with applicable laws and regulations, regulatory and compliance filing activities, detecting any compliance issues and executing correction actions to correct compliance issues. • Oversee regulatory examinations, inquiries and other data requests. 8 Skills and Exposure : 9 Special Requirements (If any) : Must have experience in Secured lending / unsecured lending business 10 Job Location / State : Any where in India 11 Compensation Band : As per policy 12 Entitlements : As per policy 13 Stake Holders : Should be able to manage multiple stakeholders and collaborate with business heads 14 Career Progression : B 15 Educational Qualification / Technical Certification : LLB in Any Specialization 16 Skill Sets : Experience in SULB business 17 Communication Skills : Good oral, written and presentation skills 18 Experience : 4+years of overall experience 19 Behavioral Competencies : Uncompromising ethical standards and discipline expected 20 Other Requirements (If any) : -