Senior Cluster Manager at Bajaj Finance Limited [PQE 4-5 Yrs]: Apply Now!

Bajaj Finance Limited is inviting online applications for the position of Senior Cluster Manager at its Pune office for experienced legal professionals.

About Bajaj Finance Limited

that offers consumer lending, mortgages, and small business loans. Headquartered in Pune, Maharashtra, it started on March 25, 1987, as a two- and three-wheeler financier before growing into a diversified financial services provider.

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About the Job

Bajaj Finance Limited has announced an opening for the position of Senior Cluster Manager. The role is suited for legal professionals with experience in the banking, financial services, NBFC, or law firm environment and involves providing legal support for lending products, commercial contracts, regulatory compliance, and business operations.

Eligibility

Applicants should meet the following requirements:

• LL.B. degree from a recognised university.
• Overall 4–5 years of post-qualification experience, including at least 2 years in the banking, financial services, NBFC, or law firm environment.
• Hands-on experience in drafting, reviewing, vetting, and negotiating lending documentation, commercial contracts, and product-related legal documents.
• Good working knowledge of laws and regulatory guidelines applicable to the BFSI sector, including contract law, information technology laws, Aadhaar law, data privacy laws, insolvency laws, consumer protection laws, and RBI/NBFC regulatory requirements.
• Strong written and oral communication skills with the ability to provide practical legal advice.
• Proficiency in Microsoft Outlook, Word, Excel, and PowerPoint.
• Ability to work in a process-oriented environment, manage multiple priorities, and take ownership of assigned matters.
• Team-oriented approach with the willingness to collaborate with internal stakeholders, external counsel, and cross-functional teams.
• Willingness to support urgent business requirements and undertake additional responsibilities when required.

Responsibilities

The selected candidate will:

• Draft, review, and vet loan, security, and related documentation for secured and unsecured Retail and SME loan products.
• Draft, review, and advise on terms and conditions for Fixed Deposit products, including matters relating to deceased claim settlements, powers of attorney, trust deeds, and investment-related clauses.
• Review and advise on customer journeys, consent flows, and loan documentation for digital lending products and digital customer acquisition channels.
• Structure, draft, review, and negotiate product-specific documentation in coordination with business, product, compliance, operations, and technology teams.
• Draft, review, and negotiate agreements relating to interest subvention, outsourcing, service providers, collaborations, non-disclosure arrangements, marketing and endorsement arrangements, escrow structures, and digital initiatives.
• Prepare, standardise, and periodically update legal templates for new and existing products in line with applicable laws, internal policies, and business requirements.
• Draft and vet terms and conditions for promotional offers, campaigns, customer communications, and product-related disclosures.
• Research and analyse applicable laws, judicial precedents, and regulatory developments to assess their impact on products, services, documentation, and customer journeys.
• Provide timely and practical legal advice to internal stakeholders on legal, contractual, regulatory, and documentation-related matters.
• Support the implementation of legal and regulatory changes affecting consumer lending, digital lending, outsourcing, data privacy, consumer protection, and financial services documentation.

Location

Pune, Maharashtra.

Application Procedure

Click Here To Apply.

The Official Notification is here.