JOB DESCRIPTION
PROFILE
1) Qualification:
- i) LLB from any reputed Tier-I law college/university in India.
- ii) Certifications in Digital Banking, Financial Technology etc. from reputed institutions would be preferred.
- iii) Should have work experience in scheduled commercial banks/financial institutions, handling legal matters related to digital banking or related portfolio.
- iv) Should be well versed with statutory, regulatory and network policies/guidelines related to digital banking, payment aggregation, IT outsourcing etc.
- v) Shall have fair understanding about legal, operational and technology frame- work for digital banking products and services.
2) PQE: 8-10 years of relevant work experience
3) Place of Joining: Candidate shall be required to join at the Registered office of the Bank situated in Mumbai. No hybrid structure of working shall be permissible.
4) Responsibilities:
- i) Negotiating, drafting and reviewing of various agreements (NDAs, MSAs, SaaS/license/TSP agreements etc.) with service providers, technology service providers, fintech partners, payment aggregators, NPCI etc.
- ii) Vetting of product/process notes, policies, terms and conditions etc., related to digital banking products/services.
- iii) Analyzing legal issues related to statutory and regulatory risks/compliances and providing advisories/recommendations to business teams.
- iv) Acting as an interface between external legal counsels and banks business teams for various assignments.
- v) Tracking and updating laws, rules and regulations, relevant to the Banks business and policies.
5) Exclusion: Candidates without relevant qualification and experience will not be considered.
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