Legal Counsel for AMC (Mutual Fund business)

POSITION: Legal Counsel

Reports to: Head of Legal

Business Unit: Legal

Location: Mumbai

Position Purpose:

To manage the general legal requirements of documentation, advisory and handle legal queries from the AMC and Trustee Company

To work closely with the Head of Legal India and the Company Secretarial function. To also liaise with other executives of the company to help the AMC meet its business objectives

To work closely with the Compliance function to ensure compliance with all applicable laws, and SEBI regulations.

Principal Accountabilities:

All legal matters of the AMC primarily involving vendor and contract management, marketing and distribution, product development, the mutual funds/asset management area (domestic as well as offshore), operations, finance, employment related queries and other ancillary legal advice arising out of running a business of this nature in India.

Drafting and vetting of all legal documentation which shall include, inter alia, IT & non-IT vendor contracts, employment, lease, leave & license, consultant/sub-consultant contracts, product terms and conditions, distribution, referral and broking arrangements, non-disclosure, marketing, e-commerce etc.

Litigation Management, involving co-ordination with branch personnel and advocates of various jurisdictions in India relating to pending litigations and providing timely instructions for conducting litigations and for complying with court orders, maintaining MIS of pending litigations and follow up.

Legal Research, analysis, interpreting and advising new laws and regulations to various teams such as investments, operations, finance, HR, etc.

Monitor, advise and assist in ensuring that the Entities do not contravene relevant laws (particularly financial services and corporate laws) or breach its contractual obligations.

Knowledge, Skills, Competencies

Knowledge

Bachelor of Laws.

Company secretarial experience would be an advantage

Experience in Indian financial services laws and other laws regulating the conduct business activities in India.

Exposure to SEBI Regulations and Companies Act

Corporate and commercial legal experience.

Competencies

Good communication skills, both verbal and written.

Strong analytical legal skills

Strong drafting skills.

Strong problem-solving skills

Good interpersonal skills

High degree of integrity

Ability to work autonomously but know when to escalate.

Ability to perform under pressure

Resourcefulness and ability to use initiative

Productivity

Commercial approach

Solutions provider

Attributes

To have an eye for detail thereby ensuring that the material is correct and error free.

Focus on compliance with legal and regulatory obligations is important

Able to build strong working relationships with other members of the India entities

Preferred Industry

Experience

Ideally the candidate should have experience in the mutual fund/asset management industry though not a pre-condition.

If not from mutual fund space, the candidate could be drawn from the financial services space including insurance, commercial & investment banks, non-banking finance companies, Consulting & Law firms.

5- 7 years of work experience as a lawyer

Internal Contacts

Head of Legal, India

Corporate Services

Operations

Finance

Compliance

HR

C

External Contacts

External legal advisors

Auditors