Cluster Legal Manager

Muthoot

3 - 6 years

Ahmedabad

Posted: 27/06/2025

Job Description

Job Description

 

A

  Job Specification

1

Company Name

:

Muthoot Fincorp Limited

2

Position / Designation

:

  State Legal Manager  – Secured & Unsecured Lending Business

3

Grade

:

E1

4

Employment Type

:

All Employment Type

5

Reporting to – 

Designation & Grade

:

Zonal Credit 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)

:

-

   

About Company

Muthoot Finance Ltd. is India’s largest Non-Banking Financial Company (NBFC) specializing in gold loans. Headquartered in Kochi, Kerala, the company offers a wide range of financial services including personal loans, insurance, money transfer, forex, and microfinance. Its core business is providing instant loans against gold jewellery, primarily serving the unbanked and underserved population across urban and rural India. With over 6,000 branches and a strong presence in international markets like the UAE, USA, and UK, Muthoot Finance is known for its deep-rooted trust, operational scale, and strong commitment to financial inclusion. The company is publicly listed and regulated by the Reserve Bank of India.

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