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- Drafting and Vetting Agreements :
- Take the lead in drafting various agreements critical to the lending fintech's operations, including loan agreements, service agreements, partnership agreements, and vendor contracts.
- Ensure that these agreements are legally sound, accurately reflect the terms negotiated, and protect the interests of the lending fintech.
- Develop standardized templates and clauses to streamline the drafting process while ensuring compliance with relevant laws and regulations.
- Contract Management :
- Implement and maintain a robust contract management system to track and organize all agreements entered into by the lending fintech.
- Establish processes for timely renewal, termination, and amendment of contracts, and ensure that key contract terms are communicated to relevant stakeholders.
- Legal Risk Assessment :
- Conduct thorough reviews and risk assessments of proposed agreements to identify potential legal risks and liabilities.
- Provide strategic advice to senior management on mitigating legal risks associated with contractual arrangements, including negotiating favorable terms and conditions.
- Compliance Oversight :
- Ensure that all agreements comply with applicable laws, regulations, and internal policies governing lending activities.
- Stay updated on changes in legal and regulatory requirements impacting contract drafting and vetting processes, and implement necessary adjustments to ensure compliance.
- Negotiation Support :
- Assist in negotiating agreements with external parties, providing legal guidance to achieve favorable outcomes while protecting the lending fintech's interests.
- Collaborate closely with business development, sales, and other relevant teams to ensure alignment between negotiated terms and business objectives.
- Vendor and Partner Relationships :
- Develop and maintain strong relationships with vendors, partners, and other counterparties involved in contractual arrangements.
- Work closely with internal stakeholders to assess the legal and reputational risks associated with thirdparty relationships and implement appropriate risk management strategies.
- Training and Knowledge Sharing :
- Provide training and guidance to internal teams on contract drafting and negotiation best practices, ensuring that employees understand their roles and responsibilities in the contracting process.
- Share expertise and updates on contract law and industry best practices with colleagues to foster continuous learning and improvement.
- Dispute Resolution Support :
- Provide legal support in resolving disputes arising from contractual agreements, including assessing legal rights and obligations, evaluating potential liabilities, and exploring alternative dispute resolution mechanisms.
- Quality Assurance :
- Establish quality assurance processes to review and validate the accuracy and completeness of all agreements drafted and vetted by the legal team, ensuring adherence to internal standards and best practices.
- Collaborate with other departments, such as compliance, risk management, and finance, to ensure that contractual arrangements align with broader organizational goals and objectives.
- Participate in crossfunctional projects and initiatives requiring legal input or expertise, contributing to the overall success of the lending fintech.
Senior Manager/AVP - Mumbai/Navi Mumbai, India - iimjobs
Description
By focusing on drafting and vetting agreements, the Senior Manager Legal can play a key role in ensuring the legal integrity of the lending fintech's contractual relationships and supporting its business objectives.