Manager | Legal Counsel

Company Description

LoanTap is an online platform based in Pune, dedicated to offering flexible loan products to salaried professionals. The company focuses on innovation to provide smart products tailored for millennials, utilizing technology to enhance product flexibility without increasing costs.

Role Description

This is a full-time on-site role for a Manager - Legal Counsel at LoanTap Financial Technologies in Pune. This role will provide legal support and guidance to the company on various aspects of its operations with a minimum of 3 -5 years experience in Legal Role. This role involves managing and monitoring legal risks, ensuring compliance with regulatory requirements, handling legal disputes, and providing counsel on contractual matters. The ideal candidate should have a strong background in financial services law, particularly within the NBFC sector.

Role & Responsibilities:

Legal Advisory & Compliance:
• Provide legal advice on regulatory compliance, particularly with RBI guidelines, Audit and other financial regulations.
• Ensure the company’s operations comply with applicable laws and regulations.
• Monitor changes in legislation and advise management on the legal implications.
• Must be aware of Unsecured Leading – Section 138, NI Act, Sec 25 (payment and Settlement)
• Must be aware of Commercial Law & Customer Grievance Redressal

Contract Management:
• Draft, review, and negotiate contracts, agreements, and other legal documents to protect the company’s interests.
• Ensure all contracts are legally sound and compliant with the company’s policies.

Dispute Resolution & Litigation:
• Handle and manage litigation, including liaising with external counsel.
• Represent the company in legal proceedings when necessary.
• Resolve disputes in a timely and cost-effective manner.

Risk Management:
• Identify potential legal risks and provide solutions to mitigate them.
• Advise on the structuring of financial products and services to minimize legal risks.

Liaison & Coordination:
• Coordinate with regulatory authorities, external legal counsel, and other stakeholders.
• Maintain relationships with key legal and regulatory bodies.
• Training & Development: Conduct legal training for employees on compliance, risk management, and other relevant topics.
• Stay updated on legal trends and best practices in the financial sector.

Qualifications:
• Education: A Bachelor’s degree in Law (LLB) is required. A Master’s degree in Law (LLM) or specialized certifications in Corporate and Financial law is preferred.
• Experience: 3-5 years of experience in a legal role, preferably within Banking and financial services or in-house NBFC.

Skills & Competencies:
• Excellent Communication & Relationship Management skills
• Strong knowledge of financial regulations, including RBI guidelines.
• Excellent drafting, negotiation, and communication skills.
• Ability to manage multiple tasks and work under pressure.
• Strong analytical and problem-solving abilities
• Attention to detail and organizational skills
• High ethical standards and integrity.

Qualifications
• Law skills
• Legal Document Preparation skills
• Legal Consulting and Legal Compliance skills
• Legal Affairs expertise
• Strong analytical and problem-solving skills
• Excellent communication and negotiation abilities
• Attention to detail and organizational skills

Other Requirements:
• Ability to work independently and as part of a team.