Legal Consultant - Commercial Litigation Compliance

Role: Legal Senior Role Reporting - Dy Chief Legal
Job Location: Mumbai
Qualification - LL B (preferably five years course)
Experience: minimum 12 + PQE
JOB PURPOSE

The job will require end to end handling of legal matters of NPCI group and provide legal guidance related to formulation and implementation of group’s business, strategies and policies.
Assisting and working closely with the business, product and other functions in structuring transactions and documentation from a legal and compliance perspective
Drafting, reviewing and negotiating agreements and other documents that are complex, high-risk and strategic in nature, with domestic and foreign entities and involve standardization of agreements including product, services and technology agreements
Advising management and functional teams on legal and regulatory issues that may arise in the course of their day-to-day functioning. Working closely with the business teams on structuring of products, services and other business arrangements while helping them identify the legal risks and further add value by identifying commercial and operational risks
Instructing and working closely with external counsels on commercial and policy matters, seeking and reviewing legal opinions from external counsels and supervising the legal due diligence sought from external counsels
Litigation management for corporate and consumer litigation including preparing counter affidavits, written statements and submissions including replies to legal notices
Participate in the board meetings, prepare board level committee papers and update the board with respect to matters pertaining to the legal function and respond to queries raised by the board to the legal department
Manage the Intellectual Property (IP) portfolio for the group's IP namely trademarks, copyrights and patent portfolio. Support the business and marketing teams in getting IP registrations, maintenance and protection of group’s IP and preparation, defending prosecution related thereto
Establishing and maintaining global and local legal compliances
Lending support to the product / compliance function in compliance related matters by interpreting regulatory guidelines in areas of compliance risk management and compliance policies, procedures, controls, monitoring and audits
Providing legal analysis in relation to new business initiatives and products. Advising internal stakeholders on governing law and dispute resolution mechanisms to be opted for agreements with foreign entities and issues related thereto
Participating in product and industry working group calls and meetings wherever legal representation is required
Assisting in review and creation of legal documents, policies, procedures and systems
Participating actively in product and risk department initiatives including regulatory review and other projects where legal team’s participation is required
Mitigating legal risks, implementing the internal legal risk compliance framework and to ensure that the NPCI group complies with local and international payments legislation and regulation
Identifying legal issues and risks that may affect NPCI group’s business and ensuring that the Management team is properly advised concerning those issues
Providing legal guidance relating to the formulation and implementation of NPCI group’s strategies and policies
Keep abreast of, review and update internal stakeholders with the recent changes in laws and regulations as may be applicable to the payment and settlement industry
Implementing the legal documentation management system

Accountabilities
Documentation Management
Drafting, reviewing and negotiating agreements and other documents that are complex, high-risk, and strategic in nature with domestic and foreign entities
Standardization of agreements including product and technology agreements
Closely work with external counsels for seeking legal opinions, drafting / reviewing documents on commercial and policy matters
Implementing legal documentation management system

Advisory
Advising internal stakeholders on legal and regulatory issues including compliance with local and international payments legislation and regulation
Assisting in formulation of internal strategies and policies, from a legal and regulatory compliance perspective
Advising on structuring of products, services and other business arrangements while helping internal stakeholders identify the commercial and operational risks
Advising internal stakeholders on governing law and dispute resolution mechanisms to be opted for agreements with foreign entities and issues relating thereto
Advising other functions within NPCI group on legal issues pertaining to their day to day functioning

Litigation Management
Assisting on intellectual property (e.g. copyright, trademark and patents) related issues and litigation
Litigation management for the group including drafting counter affidavits, written statements and submissions, replies to legal notices
Coordinate with external counsels for seeking legal opinions, drafting / reviewing documents on commercial and policy matters and in relation to ongoing litigation
Formulating a litigation management system for legal department

Research Administrative
Keep abreast with, review and update internal stakeholders with the recent changes in laws and regulations as may be applicable to the payment and settlement industry
Preparation of committee papers in relation legal function to keep senior management abreast of critical projects, issues and litigation

Decisions Dimensions –
Good legal technical skills in drafting, reviewing documentation and carrying out research.
Knowledge in local and international legislative initiatives like Data Protection, Sanctions, FATF, and AML.
Knowledge in payment regulations (MC/Visa/AmEx) and general knowledge on PCI-DSS
Highlighting, articulating and explaining key legal issues to stakeholders as well as understanding stakeholder requirements
Capability to manage matters independently without regular involvement of the supervisor and good articulation and communication skills
Drafting, negotiating and approving legal documents.
Finalizing plaints, writs, written submission with respect to litigation
Negotiating professional fee quotes for engaging external counsel
Objectively advising on day-to-day queries from internal stakeholders with an aim to give resolutions
Approval of new products, policies and processes as well as key changes to existing ones
Finalization of committee notes / papers for updating senior management on legal matters
Approach on key litigation matters
Standardization of core product and service agreements as well as negotiation of key technology agreements.

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