legal counsel

Job Description: Legal Counsel - MAHOFIN

Position Title: Legal Counsel -MAHOFIN
Number of Positions: 1
Location: Thrissur, Kerala
Experience Required: 7-12 Years
Department: Legal & Compliance

Position Summary

MAHOFIN is seeking an experienced and proactive Legal Counsel to provide end-to-end legal support for its lending and financial services operations. The role will be responsible for managing legal risk, litigation, regulatory compliance, loan documentation, recovery proceedings, and legal advisory functions while ensuring adherence to applicable laws and regulatory requirements.

The ideal candidate should possess strong expertise in financial services, contract management, recovery laws, property-related legal matters, and litigation management.

Key Responsibilities

Legal Advisory & Business Support

• Provide legal advice to business, credit, collections, operations, and management teams on various legal and regulatory matters.
  
• Identify legal risks associated with lending, recovery, and operational activities and recommend mitigation measures.
  
• Support strategic business initiatives with sound legal guidance.
  

Loan Documentation & Contract Management

• Draft, review, and vet loan agreements, security documents, guarantees, mortgages, hypothecation agreements, and other financial contracts.
  
• Ensure legal enforceability and compliance of all customer and business documentation.
  
• Manage standard templates and contractual documentation processes.
  

Litigation & Recovery Management

• Handle civil, criminal, consumer, arbitration, and recovery-related cases.
  
• Coordinate with external advocates, recovery agencies, and legal consultants.
  
• Oversee legal recovery proceedings under applicable laws and regulatory frameworks.
  
• Monitor court cases and ensure timely filing of pleadings, responses, and appeals.
  

Property & Security Documentation

• Conduct legal scrutiny of property documents and title verification.
  
• Review mortgage-related documents and create legal opinions regarding collateral security.
  
• Support due diligence activities for secured lending transactions.
  

Regulatory Compliance

• Ensure compliance with applicable RBI regulations, financial services regulations, and statutory requirements.
  
• Monitor changes in laws and regulations affecting lending and recovery operations.
  
• Develop and implement legal compliance practices across business functions.
  

Legal Risk Management

• Evaluate legal, contractual, and operational risks.
  
• Maintain litigation trackers, legal MIS, and compliance reports.
  
• Recommend preventive legal strategies to minimise disputes and financial exposure.
  

Stakeholder Coordination

• Liaise with internal departments, regulators, advocates, law enforcement agencies, and government authorities.
  
• Support audits, inspections, and regulatory reviews from a legal perspective.
  

Qualifications & Experience

Education

• Bachelor's Degree in Law (LLB) from a recognised university.
  
• Enrolment with the Bar Council of India is mandatory.
  
• LLM or relevant professional certifications will be an added advantage.
  

Experience

• 7-12 years of post-qualification experience in legal functions within NBFCs, financial institutions, banks, housing finance companies, or corporate legal departments.
  
• Proven experience in lending documentation, legal recovery, litigation management, compliance, and property due diligence.
  

Key Skills & Competencies

Technical Skills

• Strong knowledge of:
  
• Banking and Financial Services Laws
  
• Contract Law
  
• Property Law
  
• SARFAESI and Recovery Proceedings
  
• Consumer Protection Laws
  
• Civil and Criminal Litigation
  
• Regulatory Compliance
  

Functional Skills

• Contract drafting and negotiation.
  
• Property title verification and legal due diligence.
  
• Litigation management and recovery support.
  
• Legal research and opinion drafting.
  
• Regulatory interpretation and compliance monitoring.
  

Behavioural Skills

• Strong analytical and problem-solving abilities.
  
• Excellent communication and stakeholder management skills.
  
• High ethical standards and professional integrity.
  
• Ability to manage multiple legal matters simultaneously.
  
• Detail-oriented with sound business judgment.
  

Preferred Attributes

• Experience in NBFC, Gold Loan, Microfinance, Housing Finance, or Financial Services sectors.
  
• Exposure to secured lending and collateral management.
  
• Familiarity with digital lending, legal technology, and compliance systems.
  
• Ability to work independently in a fast-paced business environment.
  

Compensation

Compensation shall be commensurate with qualifications, experience, and industry standards.

Role Overview

• Designation: Legal Counsel -MAHOFIN
  
• Location:Thrissur, Kerala
  
• No. of Positions: 1
  
• Experience: 7-12 Years
  
• Industry Preference: NBFC / Banking / Financial Services / Gold Loan / Housing Finance
  

This role offers an excellent opportunity for an experienced legal professional to play a key role in managing legal risk, strengthening compliance, and supporting the growth of MAHOFIN's financial services business.