Job RequirementsJob Title – Senior Legal ManagerPlace of work - MumbaiBusiness Unit – Corporate ServicesFunction – LegalJob Purpose:The role entails providing professional legal advice, clarifications and legal opinions on strategic legal and business matters relevant to the core business operation of IDFC First Bank such as the issuance of shares, licensing of new entities, strategic investments, acquisitions, and franchise and group issues, while adopting a proactive approach in ensuring that the bank is protected from any adverse legal consequences. It is a critical position with various internal and external stakeholders and has a key responsibility contributing to the larger organizational objectives of the bank. Roles and Responsibilities:Providing sound legal advice to business groups on various legal matters pertaining to the respective banking groups in conjunction with the Head of LegalProviding direction to the legal team with respect to the changing regulatory policy framework and business requirements aligned to the strategy and lead the implementation of the strategy in line with the bank's vision, mission and corporate objectivesKeeping the business objectives and processes aligned with the changing legal environmentProviding effective advice and support to client group in facilitating closure of transactionsHelp maintain the costs of functioning as a group within the approved budgetReview and provide legal advice on the wording and development of key strategic contractual documents and decisions and support managers with the resolution of all contractual issues/disputes in order to safeguard the bank's best interestsEnsure good quality of legal facilitation is exercised on the client groups and to ensure right advice is given to business on transactional issuesHelp ensure regular monitoring of the statutory compliances requirements of the companySupport customer / legal escalations and regulatory issues pertaining to the respective Banking GroupSupport legal systems to automate routine affairs like notice management, arbitrations and executionsMaintaining and developing legal MIS by furnishing the details of the legal intervention taken and the matters defendedHelp develop and update the legal manuals and procedures related to respective Banking group from time to timeChampion the adoption of high quality market intelligence and data analytics to provide best legal advisory services and remedial actions in line with the banks reputation and business strategyRecommend improvements to processes and policies across the Banking business to drive operational efficiencies and high quality customer serviceKeep abreast with global legal trends and competitor strategies in key marketsGuide and encourage the teams to be effective implementers/ decision makers within the parameters of legal and internal policy frameworkMonitor key parameters on productivity, hiring quality and attrition rates and make necessary improvementsChampion IDFC First's customer first culture by driving the team to take up high degree servicing norms to ensure absolute customer delightAttract and retain best-in-class talent for key roles in their reporting structureEducational Qualifications: Graduate – LLB/LLM Experience:10+ years of experience in Retail Banking (Liabilites)
Job Title
Legal - Retail Banking