Director – National Legal Manager with WeRize (Bengaluru, PQE: 10-15 years): Apply Now

Deadline Open Deadline

Location Bengaluru, Karnataka

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

Founded in 2019 by Vishal Chopra and Himanshu Gupta, WeRize (Wortgage Technologies Pvt. Ltd.) is India’s largest full-stack fintech platform, catering to the financial needs of 500 million underserved middle-class customers in over 5000 small towns across India. The company also operates an RBI-registered NBFC subsidiary, Wortgage Finance Pvt. Ltd.

Details of the Job/Internship

WeRize is hiring for the position of Director – National Legal Manager with 10-15 years of experience to join their office in Bengaluru.

Role and Responsibilities

1. Property Document Due Diligence and Verification (Pan-India):

Develop, standardize, and implement comprehensive legal due diligence processes for all LAP property collaterals across states.
Formulate and maintain exhaustive legal checklists for title verification, encumbrance validation, ownership and mutation status, registration checks, and property compliance.
Oversee the quality, consistency, and accuracy of title reports, legal opinions, and property verification documents across regions.

2. Vendor Empanelment, Development & Management:

Design and execute a national strategy to identify, onboard, and manage law firms, independent advocates, and search agencies specializing in property due diligence.
Establish and monitor performance standards, turnaround times, cost structures, and quality benchmarks for all vendors.
Implement regular performance reviews, audits, and compliance monitoring to maintain vendor efficiency and consistency.

3. Legal Policy and SOP Formulation:

Develop and institutionalize legal policies, SOPs, and operating manuals for LAP documentation, property verification, and collateral creation.
Periodically update policies to reflect regulatory changes, including SARFAESI, Registration Act, and state-specific property laws.
Define documentation risk tolerances, acceptance criteria, and legal pre-conditions for disbursement.

4. Regulatory Compliance and Risk Mitigation:

Ensure compliance with property laws, mortgage creation rules, legal guidelines, and regulatory norms.
Identify, monitor, and mitigate legal risks related to property documentation, borrower representations, and loan enforceability.
Support early identification and action on defective titles, encroachments, or fraudulent documentation.

5. Internal Stakeholder Collaboration:

Provide legal guidance to Credit, Collection, Operations, Sales, and Risk teams across regions for property and documentation matters.
Conduct training sessions for internal teams on evolving property laws, due diligence standards, and documentation best practices.
Collaborate with Recovery and Collections teams to provide post-disbursement legal support and enforcement actions.

6. Governance and Reporting:

Develop and maintain centralized MIS and dashboards to track vendor performance, legal risks, and due diligence turnaround times.
Provide regular reports to senior management on legal risks, vendor performance, and policy adherence.

Eligibility

Educational Qualification: LLB/LLM from a recognized university.
Experience: 10-15 years in NBFCs/Banks with a focus on secured mortgage lending (LAP segment).
Knowledge: In-depth understanding of property laws, SARFAESI enforcement, Registration Act, Stamp Act, and municipal regulations.
Proven track record in building and managing legal vendor networks at a national or zonal level.