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IDFC FIRST Bank
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Legal Counsel

Legal Counsel

IDFC FIRST Bank

5 - 10 years

0 Lacs

mumbai maharashtra india

Posted:2 days ago| Platform:

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Skills Required

documentation checks drafting negotiation service software saas procurement data processing api integration regulations compliance research communication risk

Work Mode

On-site

Job Type

Full Time

Job Description

Job Requirements

Role/Job Title: Legal CounselFunction/ Department: Legal

Job Purpose

Ability to guide internal stakeholders on the risks and mitigants while entering partnerships, ventures, and safeguarding banks interest at times of documentation, execution, post execution checks and balances. Should have hands on experience in drafting and negotiation IT and Service contracts.

Roles & Responsibilities

Contract Drafting and Review:

This includes and have expertise in understanding the terminology of software licenses, SaaS agreement, PaaS Agreement, On prem license agreements, Hardware Procurement Agreement, Master Service IT Agreement, Data Processing Agreements, API Integration, Infosec Agreement, Data Centre Agreement, UPI Agreement, BBPS Agreements, FIP/FIU Agreements, Business Correspondent Agreements, Memorandum of Understanding, NDAs. Master Service Agreement, Referral Agreement etc.

Proven track record in drafting, reviewing and negotiating contract
Deep understanding of banking regulations and compliance requirement
Strong legal research and analytical skills
Excellent negation and communication skills
Ability to manage and prioritize multiple projects and deadlines
Competency in analysing and interpreting complex IT- contracts
Collaborate with compliance, risk, TPRM, Procurement, IT team on legal issues
Update internal policies and procedures for managing contracts
Monitor and inform on changes addressed by regulators, courts etc.
Co-ordinate with external advisors on complex issues resolution

Education Qualification: Bachelor’s /Masters Degree in Law from recognised university
Experience: 5 - 10 years in total experience.

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IDFC FIRST Bank

Banking and Financial Services

Chennai

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Legal Counsel