Associate, Specialist, Business Legal IBG, Legal Compliance and Secretariat

Job Purpose:

This position provides legal and regulatory advice to the Institutional Banking Group (“IBG”), comprising the Large Corporate, Mid-Corporate, SME and MSME segments, including the Financial Institutions Group and Financial Sponsors Group (“FIG”). The role delivers practical legal support across the Bank’s businesses and practice areas while providing thought leadership on commercial legal matters.

Key accountabilities:

• Business Enabler - Provide practical, effective legal advice by applying research and interpretation skills to manage legal risk and support business objectives. Partner closely with business and support teams and manage relationships with external legal advisers to ensure high-quality service and appropriate billing.
• Drafting and Negotiation – Reviewing and negotiating contracts, agreements, policies, and other documents relating to banking products and operational matters. Effectively manage outsourcing contracts and mortgages, and develop standardised, innovative, and customer-friendly documentation.
• Anticipate and Manage Legal Risk - Identify, assess, and address legal risks arising from IBG and FIG transactions.
• Customer Focus - Support the development of transparent, legally sound processes and policies. Conduct risk reviews, establish procedures to mitigate legal risk, and build trusted relationships with internal stakeholders.
• Think Strategically – Keep the team and relevant business units informed of legal developments.

Job duties and responsibilities:

• Maintain a strong understanding of banking products and services relevant to IBG, PSL and FIG.
• Advise the GIFT City IBU on transactions, including ECBs, foreign currency transactions, leveraged buyouts and sub-line financing.
• Provide comprehensive legal advice on structured transactions, construction and project finance, direct assignments, PTCs, co-lending and securitisation.
• Manage lending and borrowing transactions by drafting, reviewing, analysing and negotiating facility and security documents, and advising on related day-to-day legal matters.
• Develop and maintain standardised legal document templates.
• Develop, simplify and strengthen processes and policies by identifying gaps and recommending appropriate mitigants within the applicable legal and regulatory framework.
• Review title search reports and provide legal support on mortgage-related queries and documentation.
• Advise on customer complaints; draft or review responses for senior management; respond to notices from regulators and other authorities; review legal notices; and deliver legal training to business and support units.
• Identify and clearly communicate legal risks and recommend appropriate mitigation measures.
• Liaise effectively with consultants, law firms and advocates.

Requirements:

• Qualified lawyer with 9–13 years of post-qualification experience in corporate and institutional banking, commensurate with the capabilities outlined above.
• Sound knowledge of RBI and SEBI guidelines.
• Strong academic foundation.
• Excellent written and verbal communication skills.
• Strong organisational and multitasking skills, with close attention to detail.

Education / preferred qualification:

A Graduate with LLB/ LLM or other recognized legal degree with experience in banking or financial services industry especially in Corporate Banking, Commercial Banking and Transaction Banking

Core competencies:

• Strong diagnostic skills and a rigorous, structured approach to resolving problems.
• Excellent communication, negotiation, analytical and drafting skills.
• Ability to think creatively and develop innovative solutions to operational challenges.
• Strong formal presentation skills, with the ability to secure internal and external acceptance of proposed solutions.
• Strong commitment to ongoing learning and professional development.

Technical competencies:

• Good knowledge of banking practices and financial services and all related laws in India especially India Contract Act, 1872, Companies Act, 2013, Transfer of Property, Insolvency and Bankruptcy Code, 2016, Banking Regulation Act, 1949 and regulations issued by RBI, SEBI etc.
• Ability to grasp new trends in field of law.
• Good research abilities applicable statutes/ laws.

Work relationship:

• Superiors: Ability to communicate upwards effectively with regards to ideas, issues, guidance, and direction. Ability to take initiatives.
• Peers / External Parties: Ability to work in collaboration with all key stakeholders within Legal, Business, Compliance and across different functions in the bank, including the sharing of knowledge and going through the extra mile to help others. Ability to listen to others point of view with an open mind.

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