Assistant Legal Counsel

ROLE SUMMARY

To provide legal support to the banks businesses and functions by drafting, reviewing, and negotiating contracts, advising on regulatory compliance, handling litigation, and ensuring that the banks operations are conducted within the applicable legal and regulatory framework.

Key Responsibility

1. Contract Management & Documentation

• Draft, review, and negotiate contracts, agreements, MOUs, NDAs, and other legal documents.
• Support business teams in structuring transactions and ensure contracts are legally compliant and risk mitigated.

1. Advisory Support

• Provide day-to-day legal advice to business units, operations, HR, risk, and compliance teams.
• Interpret laws, regulations, and RBI guidelines applicable to banking products and services.

1. Litigation & Dispute Resolution

• Assist in managing litigation, arbitration, and regulatory proceedings involving the bank.
• Coordinate with external counsel, prepare case briefs, and support in strategizing legal defense.

1. Regulatory & Compliance Support

• Ensure compliance with banking laws, RBI directions, and other regulatory requirements.
• Monitor changes in laws and regulations and advise management on implications.

1. Risk Mitigation & Governance

• Identify potential legal risks in business proposals and suggest mitigating measures.
• Assist in drafting and implementing legal policies, processes, and standard templates.

1. Stakeholder & External Counsel Management

• Liaise with regulators, law firms, and statutory authorities as required.
• Build strong partnerships with internal stakeholders by providing timely and business-oriented legal solutions

Key Skills & Competencies

• Strong knowledge of banking and financial laws (Banking Regulation Act, RBI regulations, Companies Act, Contract Act, etc.).
• Excellent drafting, negotiation, and analytical skills.
• Ability to handle multiple assignments under tight deadlines.
• Strong interpersonal and communication skills.
• Problem-solving mindset with focus on risk mitigation.

Minimum Qualifications

LL.B. (mandatory), LL.M. preferred.

Years of Experience

25 years of experience in a bank, NBFC, law firm, or corporate legal department (preferably with exposure to banking/financial services).