STATE LEGAL RECOVERY MANAGER
Muthoot FinCorp Limited · muthootfincorp.com
VijayawadaLead / Manager
The job in short
Legal recovery management.
ComplianceLegal
Details
- Found
- 21 d ago · posted 2026-05-22
- Location as listed
- VIJAYAWADA
- Role
- Credit / Risk / Compliance
- Source
- The company’s own careers site
Full description
Job Description
A
Job Specification
1
Company Name
:
Muthoot Fincorp Limited
2
Position / Designation
:
Legal Manager – 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)
:
-
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