Vice President - Legal - LLB - BFSI

Position Title : VP

Department : RE - Legal

Location : Mumbai

Business : CFI - RE

Position reporting to SVP

No. of Direct Reports : 3

Job Purpose :

- To render legal services to business team and client with respect to real estate funding, project finance and housing finance by way of loan/issue of non-convertible debentures and acquisition of inventories/stressed assets

- Drafting and closing various transaction documents in relation to sanction of loan and investment in non-convertible debenture and in acquiring inventories of real assets

- Handle banking and NBFC related litigation including recovery of debt by way of enforcement of securities

- To advise on the structure of deal and security in the light of due diligence of project on all aspects of law relating to real estate, companies law/rules regulation and guidelines issues by various regulators such as RBI/SEBI/NHB

- To advise to business team on general real estate dispute matters, laws relating to special economic zones, land acquisition, auction sales to more generic transfers, mortgages, licenses, due diligence of land, approval and clearances for construction.

Key Responsibilities :

Managerial Responsibilities :

- Display leadership quality and takes an active role in fostering teamwork among the team and provide goal to deliver and achieve

- To Supervise the work of subordinates and ensure closure of transaction as per timelines

- Ensure compliances are receipt for the transaction and preparation of MIS for the group

- Knowledge sharing and development with all team member as well as business.

- Organize and give presentation on the laws applicable to banks/ financial institution and non-banking financial companies related deal to business team.

- Develop team down the line in the process and other aspect of responsibility to be discharged and delivered in the interest of organization.

Functional Responsibilities :

- Finalising structure and the term sheet for funding transaction related to RE investment and RE advisory & CF .

- To manage multiple priorities ensuring deadlines are met.

- Provide legal advice to business and management related to various transactions.

- Appropriately apply legal knowledge and experience relevant to the transaction, deals and other subject matters which brought out to us for our view and opinion

- Draft, Negotiate, Finalise transactions documents .To review the documents and prepare by the reportee and guide accordingly.

- Draft and finalise recall notices, letter invoking guarantee, winding up notices, notices under SARFAESI, recovery applications, plaints, written statements etc.

- Provides opinions, letters of advice, document examples or similar know how precedents formats.

- Prepare notices, Prepare and finalise the litigation papers with the advocates.

Job Requirements :

Qualifications : LL.B (professional)

Experience : Min 12 to 15 years

It shall include minimum on continuous basis 4 years experience of handling and supervising lending transaction, drafting, finalizing and executing facility and security documents, ensuring compliances for the same

Functional Competencies :

- Experience and knowledge of banking and finance laws, recovery laws, land laws, laws relating to mortgage and pledge specifically

- Companies Act, TP Act, CPC, Contract Act, SEBI and RBI Regulations, DRT, SARFAESI

- Familiar with new changes/amendments with respect laws as well as recent judgments relating to financing, Re investments and enforcement of various types of securities.

- Having good documentation and negotiation skills.

- Experience in structuring, drafting, negotiating and finalizing the transaction documents for re financing including construction finance, Re Advisory and Re investments.

- Knowledge and experience in recovery matters, procedure under SARFAESI for recovery of dues, matters relating to cheque bouncing and enforcement of securities.

- Must be well aware of the court procedures,

- Should be able to analyze the legal risk in transitions and provide mitigants.

Behavioral Competencies :

- Displays a sense of ownership to the organization

- Problem solver and can do attitude is a must in the role.

- Effective communication with all stakeholders along with a collaborator trait been displayed.

Key Interactions :

Internal Nature or purpose of interaction

Business/Risk and Operation Team

- To discuss deal structuring, Finalizing of terms sheet, transaction documents and creation of securities.

- To provide prompt legal advice to all internal stakeholders.

External Nature or purpose of interaction

Client and Counsel/Advocate /trustees /

- To negotiate and finalize the transaction documents, To discuss and finalize the litigation related papers .Finalize the property due diligence report with advocates.