Business Function:
Group Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.
Job Purpose
- To provide Advisory services to the Gift City IBU on legal and regulatory matters.
- To provide legal, regulatory and transaction support to IBU business.
Key Requirements
Key Accountabilities
- Legal Advisory & Business Partnering
Provide pragmatic, risk based legal advice to IBU business and support teams, acting as a trusted business partner to support commercial objectives. Manage external counsel relationships, including performance, costs and litigation strategy.
- Contracts & Documentation
Drafting, review and negotiation of contracts, policies and documentation across banking products, vendors, employment, outsourcing and mortgages, with focus on standardisation and customer friendly documentation.
- Legal Risk & Stakeholder Management
Proactively identify and mitigate legal risks, support development of legally sound processes and policies, conduct risk reviews, and build strong relationships with internal stakeholders, including the parent entity in Singapore and affiliates. Keep the team and units updated on changes in law.
Job Duties and Responsibilities:
Legal Support – Banking Businesses, Corporate & Support Functions
- Business & Product Advisory : Provide pragmatic legal advice across all banking businesses (wholesale, treasury, capital markets, transaction banking and retail banking), understanding diverse products, cross-border transactions and Gift city activities, to support daily operations and transactions.
- Documentation & Transaction Support : Draft, review, negotiate and standardise all transactional and operational documentation, including facility, security, escrow, derivatives, capital markets, vendor and partnership agreements. Manage end to end transaction execution including term sheets, final documentation, closing deliverables and legal opinions.
- Regulatory, Policy & Governance : Interpret applicable laws, regulations and industry standards. Support development and review of internal policies, templates, and guidelines, partnering with Compliance and other control functions to enable consistent regulatory interpretation and implementation.
- Legal Risk Management : Identify, articulate and escalate legal and contractual risks with practical mitigation strategies. Ensure adherence to the Bank’s legal risk management framework and prescribed legal standards.
- Stakeholder & Operational Support : Provide day to day legal support to front, middle and back offices, branches and support teams (operations, HR, procurement, real estate, technology and infrastructure), addressing operational and systems. Liaise with external counsel and other parties as needed.
- Disputes, Complaints & Capability Building : Manage customer complaints, support litigation strategy (including external counsel coordination) and conduct legal trainings for business and support units.
- Continuous Improvement : Drive simplification, standardisation and efficiency in legal documentation and processes. Identify and recommend solutions for gaps, emerging risks and improvement opportunities to strengthen legal governance.
Required Experience
- Qualified lawyer with at least 5 years of post qualification experience in Corporate and Institutional Banking commensurate with the required capabilities detailed above.
- Good knowledge of IFSCA, RBI and SEBI guidelines.
- Good academic grounding.
- Excellent written and verbal communication skills.
- Good analytical and interpersonal skills.
- Ability to multitask with attention to detail.
- Flexible and Adaptable
- Proficient in MS Excel, Power-point, Word, Outlook
Education / Preferred Qualifications
- A Graduate with LLB/ LLM or other recognized legal degree with experience in banking or financial services industry especially in Corporate Banking, Commercial Banking and Transaction Banking
Core Competencies
- A skilled commercial lawyer and negotiator adept at providing pragmatic solutions, identifying and mitigating legal, regulatory and internal policy risks in complex business environment.
- Ability to work independently and manage structured and complex transactions.
- Substantial expertise in general commercial, contractual, and transactional matters, with a demonstrated ability to analyse complex issues and develop effective legal solutions.
- Strong communication, negotiation, drafting, and writing skills, enabling effective relationship building and persuasive presentation of solutions.
- Regional and multi-jurisdictional or cross-border experience.
- Excellent diagnostic skills and a rigorous, creative approach to problem-solving, including identifying innovative solutions for operational challenges.
- Ability to identify and forecast legal and compliance risks aligned with business growth, and to proactively develop solutions.
Technical Competencies
- Good knowledge of banking practices and financial services and all related laws in India especially Factoring Act 2011, India Contract Act, 1872, Companies Act, 2013, Transfer of Property, Insolvency and Bankruptcy Code, 2016, Banking Regulation Act, 1949 and regulations issued by IFSCA, RBI, SEBI etc.
Ability to grasp new trends in field of law.
- Good research abilities applicable statutes/ laws.
- Strong proficiency in advanced MS Excel (Macros and Pivots), MS Access, MS Word. Basic usage of MS PowerPoint
Work Relationship
- Superiors: Ability to communicate upwards effectively with regards to ideas, issues, guidance, and direction. Ability to take initiatives.
- Peers / External Parties: Ability to work in collaboration with all key stakeholders within Legal, Business, Compliance and across different functions in the bank, including the sharing of knowledge and going through the extra mile to help others. Ability to listen to others point of view with an open mind.
Ability to work closely with stakeholders including business, branches, operations, and other units to manage KYC / AML risks effectively
Location:
Gandhi Nagar - GIFT City
Job:
Legal
Schedule:
Regular
Employee Status:
Full time
