Legal Officer

JOB DESCRIPTION LEGAL OFFICER

Designation: Legal Officer
Department: Legal
Industry: NBFC / Cooperative Credit Society
Location: Vijayawada
Experience: Minimum 1 year of relevant experience in NBFC / Banking / Financial Services
Qualification: LLB / LLM

Job Summary

We are looking for a responsible and experienced Legal Officer to handle legal matters related to loans, recoveries, documentation, litigation, and regulatory compliance. The candidate will coordinate with branches, advocates, courts, and internal teams to protect the organization's legal interests and ensure timely resolution of legal matters.

Key Responsibilities

• Handle legal matters related to loan documentation, recovery, collections, and customer disputes.
• Review and verify loan agreements, security documents, notices, undertakings, and other legal documents.
• Initiate and monitor legal proceedings for loan recovery and default cases.
• Coordinate with external advocates and legal consultants regarding court cases and legal notices.
• Prepare and issue legal notices, demand notices, recovery notices, and replies.
• Track pending litigation, court hearings, case status, and maintain proper legal records.
• Provide legal opinions to management and branch teams on loan and recovery-related matters.
• Conduct legal due diligence and verification of property/title documents wherever required.
• Assist in handling SARFAESI / arbitration / cheque bounce / civil and criminal proceedings, wherever applicable to the organization.
• Ensure proper documentation and compliance with applicable laws, rules, and regulatory requirements.
• Coordinate with branches and recovery teams for legal action against wilful/default borrowers.
• Review agreements, contracts, vendor documents, and other legal correspondence.
• Maintain a database of legal cases, notices, recoveries, and court proceedings.
• Follow up with advocates, courts, government authorities, and other concerned departments.
• Support management in identifying and mitigating legal risks.
• Prepare periodic legal status reports for management.

Required Skills

• Strong knowledge of banking/NBFC and recovery-related laws.
• Good understanding of loan and financial documentation.
• Knowledge of civil, criminal, recovery, arbitration, and cheque-bounce matters.
• Good drafting and documentation skills.
• Strong communication and negotiation skills.
• Ability to coordinate with advocates, courts, branches, and recovery teams.
• Good analytical and problem-solving skills.
• Proficiency in MS Office and maintaining legal records.
• Ability to work independently and handle multiple cases simultaneously.

Preferred Experience

Candidates with experience in NBFCs, banks, cooperative societies, financial institutions, loan recovery, or legal firms handling financial recovery matters will be preferred.

Eligibility

• Qualification: LLB / LLM
• Experience: Minimum 1 year relevant experience
• Gender: Male preferred
• Location: Vijayawada
• Notice Period: Immediate joiners / candidates with short notice period preferred

Best regards,

TEAM HRD
Peoples Cooperative Society Ltd

[phone removed].

https://peoplescooperative.in/