Senior Group Manager (Legal) / Associate Head – Legal (Credit Documentation) role at IndusInd Bank
Role snapshot
- Title: Senior Group Manager (Legal) / Associate Head – Legal (Credit Documentation)
- Location: Mumbai
- Qualification: Bachelor’s/Master’s in Law
- Experience: 12+ years, predominantly in leading private banks/NBFCs, with deep credit documentation exposure
What this role owns
- Legal framework and policy
- Partner with Head–Legal to maintain and evolve the bank-wide legal framework; align policies and procedures to risk appetite and business priorities while ensuring regulatory compliance.
- Act as senior business partner to CXO leadership with pragmatic, solution-oriented advice that enables commercial outcomes without compromising compliance.
- Wholesale/Corporate credit documentation
- Lead documentation for bilateral, syndicated, and consortium lending across products; standardize templates and negotiate terms to protect the bank’s position.
- Structure, draft, vet, and negotiate comprehensive loan/security suites: facility agreements, security creation/perfection, inter-creditor arrangements, guarantees, mortgages, hypothecation, pledge and charge documents; manage deviations from standards.
- Specialized products and transactions
- Advise on restructuring, securitization and assignment, structured finance, trade finance, factoring, derivatives/treasury (ISDA/CSAs), cross-border deals, and microfinance frameworks.
- Oversee title diligence (TSRs), stamp duty strategy, enforceability, and documentary risk allocation.
- Risk, enforcement, regulatory
- Guide on default/event of default, acceleration, enforcement, SARFAESI/IBC strategy, and insolvency scenarios; oversee litigation interfaces when needed.
- Ensure adherence to applicable banking, securities, RBI, SEBI/LODR, and disclosure obligations relevant to transactions; monitor legal/regulatory developments and operationalize compliance.
- External counsel and stakeholder management
- Engage leading domestic/international law firms for complex mandates; drive quality and timeliness; manage costs and knowledge capture.
- Work closely with Credit, Risk, Product, Treasury, Operations, Compliance, and Documentation functions; set SLAs and governance routines.
Ideal profile and skills
- Substantive expertise
- Extensive track record in wholesale/corporate banking documentation and negotiations; consortium and syndicated lending practice; high comfort with LMA/LSTA-style constructs as applicable.
- Strong grounding in Companies Act, Contract Act, Transfer of Property Act, SARFAESI, Stamp/Registration, IBC, Securities laws for disclosure/LODR interfaces, FEMA for cross-border security/guarantees.
- Leadership and execution
- Ability to run multiple complex transactions in parallel; determine risk positions on covenants, conditions precedent/subsequent, representations/warranties, events of default, indemnities, limitation of liability.
- Build standard playbooks, fallback positions, and drafting notes; coach bankers on legal risk and documentation hygiene.
- Communication and stakeholder advocacy
- Board/CXO-facing communication skills; capacity to translate legal risk into commercial terms and influence outcomes under tight timelines.
Why this role is strategic
- Sits at the intersection of Legal, Credit/Risk, and Business; directly shapes risk-adjusted returns through documentation quality and enforceability.
- Exposure to India and cross-border structures, complex security packages, and high-stakes negotiations in a top private bank platform.
How to apply
- Apply via the live listing link provided in the vacancy announcement; parallel bank-side listings for Legal – Credit Documentation roles (including Derivatives) have previously used direct HR contact in Mumbai for CV routing.
- Application tips:
- Showcase marquee deals: consortium/syndicated facilities, structured finance/securitization, complex security creation, ISDA/derivatives support.
- Attach an anonymized transaction list highlighting role, deal size, product, governing law, and key negotiated positions/fallbacks.
- Summarize enforcement outcomes handled (SARFAESI, DRT, IBC), and policy/templates built.
Related context
- IndusInd’s Credit Administration and Documentation leadership operates out of Mumbai and interfaces with Corporate & Commercial Banking groups; expect collaboration with national heads for documentation and credit ops.
- The bank profile underscores scale and breadth across corporate and treasury products, implying diverse legal challenges and growth pathways.
Official Notification:
Senior legal professionals with deep wholesale banking documentation experience and a track record of partnering business and risk should apply promptly, detailing complex transactions, standardization initiatives, and enforcement experience most relevant to this mandate.
