Regional Legal Manager (Non Litigation Pune)

Listing expiry: 24 October 2026

About the role

Role Overview

The Regional Legal Manager (Non Litigation Pune) is responsible for assessing and mitigating title and legal risks in retail, prime, affordable housing and CF lending proposals. The role involves legal assessment and recommendations for credit approvals, legal due diligence, documentation, contract vetting, collateral acceptance, portfolio risk monitoring, regulatory compliance, stakeholder management and the development of legal policies and procedures.

Key Responsibilities

• Assess, recommend and support decisions on the viability of credit lending proposals using institutionalized processes and dynamic market information, while mitigating title risks in retail loan proposals.
• Ensure legal assessment, approval and recommendation of retail, prime, affordable housing and CF proposals.
• Review PDD and escrow arrangements, maintain MIS and monitor exceptions.
• Formulate products, policies and procedures relating to legal due diligence throughout the loan portfolio lifecycle in consultation with internal and external stakeholders.
• Guide business, credit and risk teams on referrals, escalations, exceptional events, conflict management and strategic decisions.
• Prepare and maintain legal and collateral acceptance policies, procedures, APF legal vetting, CF proposal legal vetting, transaction-specific covenants, retail legal agreements, procedures and drafts.
• Draft legal documentation and release EVs for execution within the required turnaround time, managing the legal due diligence process with external empanelled lawyers.
• Develop approval formats and norms, obtain required ratification from the team and approval authorities, and institutionalize prescribed processes.
• Engage with credit, operations, collections, sales, channel partners, DSAs and other distributors to optimize business opportunities and provide required training.
• Recommend measures to improve the workability of loan proposals and suggest risk mitigation for identified risks.
• Draft, review, vet and negotiate contracts, undertakings and other documents with vendors, service providers, lenders, co-lenders, financial institutions and other third parties in accordance with applicable laws, regulations and judgments.
• Ensure efficient turnaround times for proposal validation and compliance with SLAs for panel advocates handling title opinion reports, search reports, deferrals and escrow account management.
• Implement processes to maintain high-quality turnaround times for lending proposal validation and communicate them to relevant stakeholders.
• Liaise with credit and pricing committees to complete the approval process following risk validation.
• Resolve and explain queries raised by sanctioning authorities promptly.
• Recommend delegation of authority to zonal, regional and local teams.
• Provide inputs for new products, processes and credit lending norms, and suggest amendments to product policies and processes in response to the prevailing regulatory and compliance environment.
• Keep the team informed of developments in the lending sector and improve approval notes and other processes to address changing market conditions and new customer segments.
• Monitor portfolio performance and conduct analytics for effective risk management.
• Analyse loan non-recoverability arising from defective title, possession issues, builder disagreements, TPA issues, sale deed defects, failures in security creation in takeover and seller BT accounts, and other gaps; identify responsibility and recommend corrective action.
• Adjust strategies according to portfolio behaviour across sectors and geographies.
• Review loan proposal covenants regularly and take action on serious deviations.
• Review reports and analytics relating to repayment schedules, covenant monitoring, changes in terms and loan sanctions.
• Identify early warning signals of deteriorating credit risks, protect the credit portfolio from potential losses and advise business units and senior management.
• Coordinate with collections and legal teams to take action against defaulting parties.
• Collaborate with internal and external stakeholders to address portfolio quality, monitoring and regulatory adherence requirements.
• Track expected credit loss (ECL) costs and requirements in accordance with internal and external guidelines.
• Design MIS templates, monitor data collection and analysis, and ensure that key parameters are highlighted to relevant stakeholders.
• Develop team capabilities, guide teammates on customer acquisition, selection norms, proposal analysis and new concepts, and promote a risk culture across risk, credit, technical and sales teams.

Qualifications & Experience

• Desired skills include stakeholder management and documentation/MIS.