Details of the Organization
International Asset Reconstruction Company is a licensed Asset Reconstruction Company (ARC) majority-owned by Florintree Investing. Florintree funds focus on Indian stressed assets and distressed debt or non-performing loans. The company specialises in acquisition and resolution of stressed loan portfolios. It focuses on managing and recovering value from secured and unsecured assets through structured legal and financial strategies.
Details of the Job/Internship
International Asset Reconstruction Company is hiring a Head – Legal with experience of 15+ years to lead the entire legal function of the organisation.
Role and Responsibilities
- Lead and manage the organisation’s legal function including litigation, recovery actions, and corporate legal matters.
- Handle customer escalations with legal implications and respond to legal notices from borrowers.
- Draft and review corporate agreements, vendor agreements, service contracts, and agreements related to HR, finance, and technology.
- Manage transaction and investment documentation including assignment agreements and investment agreements.
- Conduct legal due diligence for mortgage and non-mortgage loan portfolios including review of title reports, charge creation, and enforceability of security.
- Initiate legal notices and recovery proceedings and monitor litigation processes and legal operations.
- Manage advocate panels and coordinate with external counsel.
- Oversee filing and management of cases before DRT, DRAT, arbitration forums, civil courts, police authorities, and local courts.
- Support execution of legal orders including possession, enforcement actions, and implementation of Section 14.
- Coordinate with regional legal managers and stakeholders for effective litigation execution.
Eligibility
- Minimum 15+ years of legal experience.
- Experience in ARC, banking, or NBFC legal functions is preferred.
- Experience managing secured and unsecured loan recovery litigation.
- Expertise in SARFAESI and DRT matters.
- Strong contract drafting and negotiation skills.
- Strong legal risk assessment capabilities.
- Team leadership and stakeholder management skills.
Salary/Stipend
Compensation details will be finalized during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
Address
New Delhi, India
Application and Registration Details
We are solely providing this information for dissemination and wish to clarify that we are not affiliated with the organization.
After you submit your application, you will receive the next steps in the process via email. Please follow the instructions provided to complete your application.
Stay informed about premier legal opportunities on a daily basis by joining our exclusive WhatsApp channel: https://whatsapp.com/channel/0029VaVAeN7J3jusbby2Ph33