Head - Legal & Compliance
2 days ago
Role & responsibilities
Will need to manage and provide legal expertise on a wide range of legal matters such as contracts, regulatory compliance, litigation, employment law, corporate governance.
Oversee the operation of the legal department
Identifying and mitigating legal risks.
Developing and implementing legal procedures and policies to ensure the companys compliance with applicable laws.
Drafting, negotiating and vetting contracts, legal documents and agreements.
Conducting legal research to ensure their organization is up-to-date with the latest legal changes.Empanelment of external vendors as and when specialized services is required.
Excellent leadership and managerial qualities
Should have analytical and problem-solving skills, should be able to assess and understand complex legal issues, and provide strategic solutions and advice.
Excellent business acumen in regard to understanding of business operations and objectives, provision of legal advice which is aligned with business strategy.
Follow up on commitments/obligations to other Regulatory bodies, and on compliance related audit/inspection observations and incidents for systemic corrections.
Assist all other verticals such as HR, Admin, IT and other business teams in matters related to legal & compliance.
Preferred candidate profile
The candidate must be Law graduate/post graduate (LLB/LLM), preferably with a business administration degree in Banking or Finance
Must have minimum 20 years to 25 years of relevant work experience in Banking and Financial Services
Excellent communication skills. Project management expertise
In-depth understanding of PMLA, Insurance laws, IRDAI, RBI Regulation
Ability to read and interpret the IRDA regulations and Laws
An eye for detail Drafting & Vetting of contracts & Agreements
Collaborative, result oriented and go getter attitude
Should have hands on work experience as per RBI guidelines and Regulations; should preferably have experience of working knowledge of IRDA Regulations and Guidelines
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