Job Description

Job Summary . Deputy National Lead - Legal Job Purpose "This position is open with Bajaj finance limited" This job role is essential to (a) handle and monitor all types of litigations (b) mitigate the legal and reputation risk by advising cross fun

Job Summary . Deputy National Lead - Legal Job Purpose 'This position is open with Bajaj finance limited' This job role is essential to (a) handle and monitor all types of litigations (b) mitigate the legal and reputation risk by advising cross function teams with a perspective to prevent anticipated litigations (c) formulate appropriate litigation strategy, considering the nature and facts of sensitive cases (d) to mitigate/ minimise the risk that may arise out of the existing litigation and (e) prepare litigation report for presentation before Board as well as submission with regulators. . Matters to be handled before various Courts/Commission/Tribunals: (a) Civil proceedings before courts [ before Munisf Courts, Sub-ordinate courts, District Courts, High Courts, Supreme Court of India]. (b) Criminal Courts [ before Magistrate Court, Sessions & District Courts, Appellate Courts, High Courts & Supreme Court of India]. (c) Labour Courts [ dealing with Employment law related matters ]. (d) Consumer Commission [ District Consumer Commission, State Consumer Disputes Redressal Commission, National Consumer Disputes Redressal Commission ]. (e) Tribunals [ National Company Law Tribunal, National Company Law Appellate Tribunal, Industrial Disputes Tribunal etc.]. (f) ICANN in connection with '.com' and other domains of international origin. (g) NIXI in connection with '.in' domains within India. (h) Trade mark registry & Appellate Authority in connection with Trade mark registration, opposing of application for similar trade marks by third parties and defending/prosecuting litigation pertaining to copy right/trade mark infringement. (i) Social media issues to be taken up with Grievance Redressal officer, escalate to the relevant Ministries of Government on a case to case basis . Types of Litigation (i) Key Litigation: Litigation by Customers/third party against company/ Directors / Promoters/ SMT 2 Litigation against Company: 3Litigation initiated by Company Job Duties & Key Responsibilities . Duties and Responsibilities - PRINCIPAL ACCOUNTABILITIES (Accountabilities associated with the job) Monitoring: . To deal with various notices from lawyers/Statutory/Judicial/ Quasi Judicial authorities. . To prevent/ minimize litigation. . To strategise in matters which have taken the shape of litigation and mitigate / minimize the risk against Company. . IPR (TM & Domain) related matters which includes (a) filing opposition/objections with TM Registry against deceptively similar TMs (b) Registration of TMs (c) Copyright registration as per business requirement (d) initiation of appropriate legal actions against infringement of IPR . Issuance and cancellation of PoA & LoA in favor of officers of BFL. . QIP related work . Ensure accuracy in maintaining and reporting all types of l MIS of all litigations and cost . To provide data for RBI inspection internal & external Audit and submission before the Board. . Empanelment of Advocates & Law Firms. Provide Legal support to : . RCU team in lodging complaints related to fraud cheating forgery. Suicide thread related etc. . Customer care/support Team in responding customer communications which are leading to probable litigation . RBI Escalation Team in responding grievance referred to RBI by Customers . Credit Ops Team to recovery wrongly disbursed amount from the customers/third party . Business Teams to recover outstanding amount from dealers . Finance Team to recover GST amount from vendors . HR Exit Support Team to recover unpaid dues from ex-employees. Vetting & Drafting: . Replies to Legal Notices (including notices to directors / promoters/ SMT) . Replies to notices received from Law Enforcement Agencies Statutory / Regulatory Bodies etc. . Escalation to various social media grievance redressal platforms . Escalation to Government Ministries on a case to case basis . Written statements counters affidavits various petitions/applications etc. . Police Complaints. Coordination with cross functional teams: To coordinate discuss & escalate wherever necessary in connection with varied notices received from customer their Lawyers Statutory authorities Judicial authorities & Quasi Judicial authorities. General: . To opine advise & define strategies in litigation and to achieve the desired outcome in favour of the Company. . To minimize the litigation and mitigate the legal and reputation risks. . Liasoning & coordinating with Advocates . Require travelling at least one regional legal officer's location (outside of Pune) in every two months. . Take proactive initiative to control expenses to ensure fees are paid to the advocates reasonable and as per the approved matrix. . To ensure accuracy in maintaining and reporting all types of litigation. . As a Team Leader to efficiently manage the litigation team expectations. . To guide the team on varied litigation related matters. . Duties and Responsibilities - MAJOR CHALLENGES (Challenges faced on an on-going basis in carrying out the job) . Time management: In order to effectively handle higher volumes of litigation and other legal issues efficient time management is critical & indispensable. . Challenging Status quo/Create a common understanding of a situation: To get all the team members aligned around a common approach considering the varied local practices in courts. . Optimal utilization of resources: To ensure optimal utilization of strengths of the team member by having understanding over their abilities & talent. 4. DECISIONS (Key decisions taken by job holder at his/her end with previous internal approvals) . Identify & appoint suitable Advocate for litigation weighing the sensitivity of the matter & expertise required to handle the matter. . Proactive initiation of settlement process with the customer with previous internal approvals. . Finalise the drafts of various complaints/applications/responses for filing before various Courts/forums/tribunals/authorities. . Finalise drafts of replies to the legal notices and various customer communications. . Form independent opinion & litigation strategy. 5. INTERACTIONS (Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job) Internal Clients Roles you need to interact with inside the organization to enable success in your day to day work 1. Cross functional teams such as RCU Credit Ops RBI Escalation business product DMS Teams etc. 2. Timely coordination with Reporting Manager. External Clients Roles you need to interact with outside the organization to enable success in your day to day work 1. External Lawyers and Law firms. 2. Need based interaction with Law enforcement agencies. 6. DIMENSIONS (Key numerical data which will reflect the scope and scale of activities concerning this job) Financial Dimensions (These should be quantifiable numerical amounts) This role requires to handle both By & Against litigations and take initiative to control legal expenses by minimizing litigation cost by ensuring reasonable fees are paid to the Advocates and well within the budget. Details of Annual number of litigation i.e. both BY and Against along with aggregate cost is being incurred per annum is as under: Type Numbers (approx.) Annual Cost (approx.) Against litigation cases 3104 43.91 Crores Other Dimensions (Significant volume dimensions associated with the job) . Total Team Size: 23 . Number of Direct Reports: 10 . Number of Indirect Reports: 7 . Number of Outsourced employees: 3 . Number of locations: PAN INDIA (16 Locations) . Number of products: NA Required Qualifications and Experience . SKILLS AND KNOWLEDGE (Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent) Educational Qualifications a) Qualifications 3 years or 5 years integrated LLB Degree. b) Work Experience . At least 15 years' overall experience, with specific experience in Banking/NBFC sector. . Should be a team player and lead a team of around 25 team members. . Should be able to form independent opinion & litigation strategy. . Experience in litigation preferably in Banking and Finance Sector with comprehensive drafting knowledge. . Experience in handling By & Against cases (consumer, civil, criminal & Insolvency matters) . Thorough understanding of Fintech related issues, domain & IPR infringement related matters and the manner of effectively dealing with such issues. . Strong written and oral communication skills. . Existing proficiency in Microsoft Office software products including Internet, Outlook, Word, Excel and PowerPoint. . Should have worked in a process oriented environment.