Legal Counsel- Digital Banking

4 - 11 years

20 - 24 Lacs

Navi Mumbai, Maharashtra, India

Posted:2 days ago| Platform: Foundit logo

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Skills Required

Contract Negotiation Compliance Digital Banking Statutory regulatory risks

Work Mode

On-site

Job Type

Full Time

Job Description

Profile Name: Legal Counsel Digital Banking Qualification: LLB from any reputed Tier-I law college/university in India. Certifications in Digital Banking, Financial Technology etc. from reputed institutions (preferred). Experience in scheduled commercial banks/financial institutions handling legal matters related to digital banking. Proficiency in statutory, regulatory, and network policies/guidelines related to digital banking, payment aggregation, IT outsourcing. Fair understanding of legal, operational, and technology framework for digital banking products and services. Experience: 5-10 years of relevant work experience. Location: Mumbai (Registered office of the Bank, no hybrid working allowed). Responsibilities: Negotiating, drafting, and reviewing various agreements (NDAs, MSAs, SaaS/license/TSP agreements) with service providers, fintech partners, payment aggregators, NPCI, etc. Vetting product/process notes, policies, terms, and conditions related to digital banking products/services. Analyzing legal issues related to statutory and regulatory risks/compliances and advising business teams. Coordinating between external legal counsels and bank's business teams for various assignments. Tracking and updating laws, rules, and regulations relevant to the bank's business and policies

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