Overview
Legal Manager Jobs in Bangalore Urban, Karnataka, India at SAYYAM INVESTMENTS PRIVATE LIMITED
Title: Legal Manager
Company: SAYYAM INVESTMENTS PRIVATE LIMITED
Location: Bangalore Urban, Karnataka, India
Company Description
Sayyam Investments Private Limited, an RBI-registered Non-Banking Financial Company (NBFC), is dedicated to providing accessible, paperless, and hassle-free financial solutions. Through our flagship mobile application, PayRupik, we offer instant personal loans and MediLoans to meet a variety of financial needs with minimal documentation. With a customer-first approach, we prioritize transparent, compliant, and reliable processes. Driven by technology, we also provide additional services like easy bill payments, ensuring seamless financial solutions for our users.
Key Responsibilities
- Ensure compliance with RBI Master Directions applicable to NBFCs.
- Track and implement regulatory updates, circulars, and notifications.
- Assist in handling RBI inspections, regulatory correspondence, and supervisory observations.
- Support implementation of Fair Practices Code and customer protection guidelines.
- Draft, review, and update loan agreements, sanction letters, Key Fact Statements (KFS), hypothecation agreements, guarantees, and related documents.
- Provide legal advisory on product structuring, new loan offerings, and credit policies.
- Vet customer communication templates (demand notices, recall notices, etc.).
- Manage litigation portfolio including civil suits, arbitration, consumer disputes, cheque bounce matters, and recovery proceedings.
- Coordinate with litigation firm and monitor case progress.
- Provide strategic legal inputs on high-value default cases.
- Ensure compliance with recovery and collection-related regulatory guidelines.
- Draft and review vendor agreements, outsourcing contracts, NDAs, service agreements, and technology contracts.
- Ensure alignment with RBI Outsourcing Guidelines and data protection requirements.
- Conduct legal due diligence of service providers.
- Advise on indemnity, liability, confidentiality, and dispute resolution clauses.
- Ensure compliance with applicable data protection laws, including the Digital Personal Data Protection Act.
- Advise on lawful handling of customer data, especially in outsourced operations.
- Identify legal risks and recommend mitigation measures.
- Support Board and Committee matters relating to legal issues.
- Assist in drafting and reviewing internal policies.
- Coordinate with Compliance and Secretarial teams for statutory matters.
Qualifications
- Bachelor’s Degree in Law (LLB) – Mandatory
Experience
- 5 years or more of post-qualification experience
- Minimum 2 years in NBFC / Banking / Financial Services sector
- Experience in handling lending documentation preferred
