The Phoenix Mills – Vice President – Legal & Corporate Affairs (15-20 yrs)
Job Title: Vice President – Legal & Corporate Affairs
Department / Division Corporate Affairs & Legal
External Interface :
(Enlist external agencies/authorities that you are required to deal with while discharging your duty)
Contractors/vendors :
– Clients (Retail/Commercial Tenants)
– External Legal Council
– SEBI, Exchanges (BSE/NSE)
– Statutory/ Regulatory agencies: Registrar of Companies, Ministry of Corporate Affairs
– Auditors
– RBI/Other banks
Minimum Qualification :
(i.e education, training etc.)
Graduate / Post Graduate in Law from a reputed institute/ Qualified Company Secretary/ Qualified Solicitor
Minimum Experience:
15 – 20 years of total experience, and at least 10 years in the infrastructure development industry with at least 5 years of experience with leading legal and compliance function in a mid-size organization
Special Skills/Attributes:
(required for performing the job effectively)
– Knowledge of Regulatory Framework
– Statutory/ Regulatory Compliance Management
– Knowledge of Financial Analysis & Control Frameworks and techniques
– Knowledge of Financial Analysis
– Basic Knowledge of RBI regulations
– Basic Knowledge of Business Modeling
– Basic knowledge of legal and project management
Overall Purpose/Objective :
Of the job Lead the Legal & Corporate Affairs function by identifying, anticipating and mitigating legal risk; ensuring total compliance with relevant company laws, legislations and statutory requirements; comprehensive contract management processes and effective arbitration and litigation management and introducing system driven approach in Group’s legal and compliance management
Key Responsibilities:
(List major responsibilities, that you have, to achieve the key objectives) Strategic
– Support the business leadership team by providing expert advice on legal and regulatory matters having a bearing on the company and its operations
– Evaluate the impact of evolving legal and statutory regulations on the organization’s current and planned future operations and investments; highlight the same to the leadership team during business planning processes
– Devise a list of proactive measures that can be introduced to mitigate legal risks, provide legal advice for policy formulation, install relevant systemic frame work and its maintenance; plan implementation with the leadership team
– Ensure and oversee timely submission of relevant documents and returns to external stakeholders / regulatory authorities and represent the company for resolution of any legal issue or escalation
Financial :
– Ensure that the organization maintains a strong and consistent legal compliance record which can be leveraged for business development and prompt funding from sources.
– Ensure that the business operates as per statutory/ regulatory norms and contract terms and thereby no penalty clauses are invoked against the company
– Develop and secure approval for the Department Budget
– Monitor departmental expenditure and ensure adherence to the approved budget
Leasing :
– To formulate processes to be followed by legal & leasing teams at malls in the roll-out, negotiation & closure of agreements.
– To formulate, monitor and control processes to be followed by legal, leasing and operations teams at the malls in handling operational issues at the mall.
– To offer strategic inputs and advice in anchor deals to Centre Directors at LOI and agreement negotiation stages.
– To oversee preparation and approval of standard templates for LOI, LLA, etc.
Litigation Management :
– Represent the company before various regulatory authorities/ Courts of law for resolution of various legal issues
– Set up conciliation and/ or arbitration mechanism for alternate dispute resolution and appoint arbitrator for the case
– Ensure effective litigation management of all cases – identification, appointment and management of external litigation partners, filing of cases and monitoring their progress, and provide timely updates to the business leadership
– Explore, evaluate and manage out of court settlements in coordination with relevant business leadership.
– To lay out options and recommend legal strategy to Centre Director / MD in handling litigation matters.
– To oversee and protect legal interests of the promoters in their family assets / projects / transactions
Administrative:
– To oversee legal audits at centre’s to ensure that the set quality standards are maintained and duly observed in the administration of agreements.
– To implement training plan for the legal team in commercial concepts, drafting, etc.
– To evaluate legal risks involved in the day to day functioning of the various business units and recommend mitigation measures to the management.
– To standardize and circulate Legal MIS template for reporting by each of the units. (weekly/monthly) to designated management members.
– To set in place filing systems for maintenance of agreements etc in physical and electronic form.