Job Details

PRIMARY RESPONSIBILITIES:-

Business

Develop a framework for legal risk identification and assessment across various business activities in consultation with the concerned business teams.

Negotiation of contracts with the external clients in legal perspective for its closure and help the business in execution of the same.

Ensure provision of legal advice in framing/ review of policies and on all documents, contracts and agreements relating to the business operations to protect the organization against any legal exposure and minimize liability.

Scan the regulatory environment, Identify, interpret and analyze existing & new legislations/amendments & notifications that impact; bring to the notice of the appropriate functions about their implications and applicability; guide them informulating suitable plan of action

Customer

Lead and direct the provision of sound legal advice and recommendations to aid Head-Legal and other senior management team with the decision making process in order to protect the legal interests .

To communicate /interact with RBI/SEBI and other Regulators pertaining to legal issues/compliance.

Advise and assist Compliance and Risk on both ongoing legal risks and anticipate on new legal risks, arising by virtue of new laws or regulations. Assist business in identifying legal risks while launching n Assist Risk Based Supervision Committee to support risk management and mitigation.

Internal process

Adhere to timelines in reviewing and vetting all official communications & documentations such as contracts, agreements and settlements.

Monitor the timelines of submission of reports/statements to government authorities, ensure timely escalation

Manage database/MIS of all the ongoing proceedings across functions and regions; follow up with concerned business/regional heads for closure; provide advice in course corrections; escalate when required

Review and advise management on legal implications of internal policies and procedures.
Learning & Performance

Maintain a database on Applicable laws comprising FAQs, dos & donts as a ready reference.

Ensure goal-setting, midyear -review and annual appraisal process happens within specified timelines for self

Keeping a track on the latest laws and banking related Acts and proactively advise the management and business about such amendments and its implication on business and to suggest changes in process/procedure in line with the amendments through circulars/guidelines.

Actively coordinate with respective stake holders in case of any big misses/lapses.

Bachelors degree in law from a recognized university Qualification such as ICSA is preferable.
10 - 15 years of legal experience with at least 5+years of practicing in the Bar.