Job Opportunity: Consultant (Legal) At Sagarmala Finance Corporation Limited
Table of Contents
- About the organisation and role
- Vacancy snapshot
- Essential qualifications and experience
- Educational qualification
- Experience requirement
- Retired-officer condition
- Expected work profile (what “legal appraisal + loan documentation” typically means)
- Contract terms and remuneration
- Application process (step-by-step)
- Who should apply
Sagarmala Finance Corporation Limited (SMFCL) has invited applications for 1 Consultant (Legal) post on a contractual basis, meant for senior/retired officials with deep lending-sector legal experience, with applications to be emailed by 18 January 2026.
About the organisation and role
Sagarmala Finance Corporation Limited (SMFCL) is a Government of India CPSE under the Ministry of Ports, Shipping and Waterways (formerly known as Sagarmala Development Company Limited), and it supports financing and development activities linked to the Sagarmala programme and the maritime sector. The Consultant (Legal) position is designed to strengthen SMFCL’s in‑house legal capacity in financial transactions, particularly legal appraisal and loan documentation for lending/financing operations.
Vacancy snapshot
- Post: Consultant (Legal).
- Number of posts: 01 (One).
- Age limit: Up to 65 years.
- Last date: 18.01.2026.
- Application mode: Email submission to recruitment@sdclindia.com.
Essential qualifications and experience
SMFCL’s eligibility requirements indicate the post is targeted at very senior professionals with institutional legal and lending exposure:
Educational qualification
- Must hold an LL.B. degree.
Experience requirement
- Minimum 20 years post‑qualification experience.
- Out of this, minimum 10 years’ experience in the Legal Department of NBFC/DFI/FI/Banks.
- Must have knowledge of legal appraisal and loan agreement preparation.
Retired-officer condition
- Candidate should be a retired official from Central/State Government/CPSUs/State PSUs/Autonomous bodies or equivalent organisations, not below E7 level or equivalent.
This combination (20 years PQE + 10 years in lending institutions + retired E7+) makes it a niche opening best suited to senior in-house counsel/GM-level legal officers from banks/DFIs/NBFCs or finance-facing CPSEs.
Expected work profile (what “legal appraisal + loan documentation” typically means)
While the short advertisement summarises the requirement, the stated focus areas strongly indicate involvement in:
- Legal due diligence / legal appraisal of borrowers and collateral, including title verification support and risk identification for lending decisions.
- Drafting, vetting and negotiating financing documents such as loan agreements, security documents, guarantees/indemnities, escrow arrangements, and related covenants.
- Coordinating with internal credit/finance teams and external counsel/law firms for documentation standardisation and dispute handling related to lending transactions.
- Ensuring documentation and enforcement strategy aligns with applicable financial and contractual law, and internal policies/board approvals.
Contract terms and remuneration
The LiveLaw brief does not mention the fee, but another listing reporting the same SMFCL vacancy states a remuneration of ₹90,000 per month for Consultant (Legal). Candidates should still verify the exact consolidated fee, contract duration, and renewal/termination clauses from the official SMFCL advertisement PDF hosted on sdclindia.com before accepting any offer.
Application process (step-by-step)
Applications must be submitted in the prescribed format by email.
- Email ID: recruitment@sdclindia.com.
- Deadline: On or before 18.01.2026.
- Documents typically required (as reflected in detailed job listings for this post):
- Application/CV, passport-size photograph, and self-attested proofs of age, qualification, and experience.
- Details of last drawn pay including level/grade and/or CTC (important because eligibility requires “not below E7/equivalent”).
Who should apply
This role is best suited for:
- Retired E7+ level legal professionals from banks/DFIs/NBFCs with substantial exposure to lending documentation and security enforcement strategy.
- CPSE legal officers with finance-facing transactional work (loan agreements, project finance documentation, contractual risk allocation).
- Candidates comfortable working as a consultant on fixed tenure, with strong drafting/vetting skills and the ability to guide internal teams quickly.
Official Notification: https://www.sdclindia.com/admin/images/documents/Consultant%20Legal.pdf
