FAQs
What is the job title for this position?
The job title is Team Member Legal - Consumer Banking-SUPPORT SERVICES-Legal.
Where is this position located?
This position is located in Mumbai.
What are the main responsibilities of this role?
The main responsibilities include drafting and reviewing agreements and contracts, negotiating contracts, providing legal advice, conducting due diligence, collaborating with business teams, staying up-to-date with regulatory changes, maintaining records, and managing litigation.
What qualifications are required for this position?
A LL.B. or equivalent degree from a reputable law school is required, and an additional CS degree is considered an advantage.
How many years of experience are required for this role?
At least 7 years of experience in drafting and reviewing agreements and contracts is required, preferably in a banking or financial institution.
What skills are necessary for this position?
Excellent drafting, negotiation, and communication skills are necessary for this position.
Is certification in contract drafting beneficial for this role?
Yes, certification in contract drafting or a related field is considered an added advantage.
What knowledge areas are important for this position?
Strong knowledge of contract law, banking regulations, financial laws, IT data protection laws, and familiarity with financial regulations such as RBI guidelines are important.
Will the candidate need to interact with advocates?
Yes, the candidate will need to draft replies and interact with advocates for handling and managing litigations.
Are there any additional requirements for this position?
Yes, familiarity with data protection laws and regulations, knowledge of industry standards and best practices in contract drafting, and an understanding of banking operations are additional requirements.