Assistant Vice President - Legal, Advisory

Job Description

Job Description

• Draft, vet and negotiate critical contracts from different business functions, including Marketing agreements, Co-Brands, IT Agreements, Outsourcing Agreements, Debenture Trustee Agreements and Finance related agreements.
• Provide support in negotiation on deals with prospective vendors, consultants, etc.
• Pre-empt and address the business/ regulatory risk for the Company through skillful drafting, negotiation and execution of contracts.
• Ensure compliance with various laws and regulatory mandate applicable on third party service providers, including digital payments services, cyber security, outsourcing, etc., while drafting agreements.

• Key Role in Rendering legal opinion(s) and advisory which would impact the business strategy and decisions.
• Helping the business teams in structuring and designing the important commercial arrangements (i.e., network deals, con brand agreements, asset sale arrangements) to address business / legal risk.
• Examine the permissibility w.r.t. contracting with various vendors from a regulatory aspect as well as from a contractual perspective.
• Adept at handling a wide range of issues, through interpretative, innovative and path breaking thinking esp. in today dynamic age where the regulations and legislations are archaic.
• Deep Domain expertise of the various laws including but not limited to Company law, Competition, Contract, Commercial law, Banking law, etc.
• Coordination with Regulatory authorities for critical matters, including RBI, NPCI, UIDAI etc.

• This role shall play an active role in advising internal stakeholders on the newly enacted Data privacy regime, conducting a gap analysis of company policies and operational processes, drafting customer consents and process flows, etc., to ensure compliance with the laws and to address the requirements / gaps.
• Working closely with the Data Privacy Officer to work on privacy policies, customer T&Cs and regulatory matters.
• Keeping abreast of developments in the industry, regulatory framework, best practices for the adoption by the company.
• Advise on digital process for customer interface, such as onboarding, VKYC, use of WhatsApp, etc., to ensure customer convenience and regulatory compliance.

Managing External stakeholders

Preparation of various documents, including legal opinions, representations to be submitted to regulators, briefs for legal opinions to be sought from Senior counsels, etc.

• Represent the legal advisory team in functional, as well as cross functional business and strategic projects and provide advisory to the project team on legal matters

• Negotiate and handle disputes (legal / contractual) with vendors / partners (prior to litigation / arbitration stage) to ensure amicable settlement and negotiation
• Draft Legal notices, warning letters and similar communication to be issued to the vendors / partners for breach of contractual or regulatory obligations.

• Review and advise on customer communication, including product T&Cs, Application Forms, emailers, product catalogues from a legal perspective.
• Review of the website contents, social media posts and advise on the way forward.

• As a leader, mentoring the DRs and interns.
• Leading internal assignments and teams