- Manage and oversee legal disputes and litigation matters related to acquired NPA accounts.
- Having adequate knowledge of DRT Act, SARFAESI Act, IBC 2016 other relevant law pertaining to Banking and financial institutions.
- Collaborate with the acquisition team to ensure legal compliance in the purchase of nonperforming assets (NPAs). Knowledge of current trends in the distress debt industry
- Ensure compliance to all Audit / RBI regulations applicable to ARCs.
- Analysing the NPA accounts to determine the resolution strategy.
- Review and draft legal documents, contracts, and agreements pertaining to asset resolution.
- Relevant experience in legal roles within the financial services sector, preferably with ARCs, NBFCs or Banks.
- Knowledge of financial laws, regulatory requirements, and compliance standards as per RBI guidelines.
- Contribute to the development and revision of internal policies related to asset reconstruction.
- Provide legal insights into policies governing NPA management.
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Head - Legal - NBFC - LLB - Mumbai, India - Areion
Description
About company:
We are a Non-Banking Financial Company specializing in the Acquisition and Resolution of distressed assets.
At our company we offer various learning opportunities for the development of employee within the group, fostering a dynamic and rewarding work environment.
Job descriptionQualification:
Bachelor's degree in Law (LLB) from a recognized institution.
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