Debt Management Legal Role - BFS

Debt Management Legal Role

Key responsibilities:

Evolving legal strategies on debt management:

- Responsible for advising senior internal stakeholders on devising legal strategies for optimizing debt management efforts of the organization, with a focus on effective, creative, ethical, compliant and scalable processes.

- This will involve working with external counsel, and business stakeholders, understanding best practices in the market, undertaking extensive legal and market research, and formulating strategies that can be deployed at scale.

Management of legal disputes:

- Responsible for managing and resolving legal disputes and litigation cases related to debt management/ debt recovery, including coordinating with external legal counsel when necessary.

Legal Research and Analysis:

- Conduct comprehensive legal research and analysis to support litigation strategies and ensure compliance with applicable laws, regulations, and industry best practices.

Collaboration and Coordination:

- Collaborate with internal teams, including business leaders, compliance and legal teams to understand business strategy, and create solutions which are practical and effective.

External Engagement:

- Build and maintain strong relationships with external legal partners, regulatory bodies, and other relevant stakeholders.

Qualifications and Skills:

- 8+ years of experience in litigation processes, civil procedure, and relevant laws and regulations in India. Prior experience in debt management in banks/ NBFCs/ asset reconstruction companies will be desirable.

- Strong analytical and problem-solving skills with the ability to develop and execute effective legal strategies.

- Excellent verbal and written communication skills, with the ability to present complex legal issues in a clear and concise manner.

- Ability to work in a fast-paced environment, prioritize tasks, and manage multiple projects simultaneously.

- Strong interpersonal skills with the ability to build relationships and collaborate effectively with internal and external stakeholders.

- High ethical standards, integrity, and a commitment to maintaining confidentiality.

- Having good industry relationships with peers handling debt recovery in banks/ NBFCs/ asset reconstruction companies will be desirable.