Team Member Legal
2 days ago
**Location**: Mumbai
**Job Summary**:
**Key Responsibilities**:
1. Drafting and Reviewing Agreements and Contracts: Prepare, review, and finalize various agreements and contracts, including loan agreements, security agreements, and other commercial contracts.
2. Negotiating Contracts : Negotiate contract terms with counterparties, ensuring that the bank's interests are protected.
3. Providing Legal Advice : Provide legal advice to business teams on contract-related matters, ensuring compliance with applicable laws and regulations.
4. Conducting Due Diligence : Conduct due diligence on counterparties and review documentation to ensure compliance with regulatory requirements.
5. Collaborating with Business Teams : Work closely with business teams to understand their needs and provide tailored legal support.
6. Staying Up-to-Date with Regulatory Changes : Stay current with changes in laws, regulations, and industry standards, and advise the business teams accordingly.
7. Maintaining Records and Documentation : Maintain accurate and up-to-date records of agreements, contracts, and other legal documents for internal team (legal’s).
8. Litigation Management : Drafting of replies to notices, written statement, reply etc and Interaction with advocate for handling and managing litigations.
**Requirements**:
1. Qualifications: LL.B. or equivalent degree from a reputable law school, added CS degree will be added advantage.
2. Experience : At least 7 years of experience in drafting and reviewing agreements and contracts, preferably in a banking or financial institution.
3. Knowledge : Strong knowledge of contract law, banking regulations, and financial laws.
4. Skills : Excellent drafting, negotiation, and communication skills.
5. Certifications : Certification in contract drafting or a related field is an added advantage.
**Additional Requirement**:
1. Experience with Financial Regulations : Familiarity with financial regulations, such as the Reserve Bank of India (RBI) guidelines.
2. Experience with IT, Data protection laws and regulations : Familiarity with data protection laws and regulations, such Information Technology Act, 2000, Digital Personal Data Protection Act, 2023.
3. Knowledge of Industry Standards : Knowledge of industry standards and best practices in contract drafting and negotiation.
4. Familiarity with Banking Operations : Understanding of banking operations, including lending, treasury, and trade finance.
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