Senior Lead Legal

The job will require end to end handling of legal matters of NPCI group and provide legal guidance related to formulation and implementation of group’s business, strategies and policies.

• Assisting and working closely with the business, product and other functions in structuring transactions and documentation from a legal and compliance perspective;
• Drafting, reviewing and negotiating agreements and other documents that are complex, high-risk and strategic in nature, with domestic and foreign entities and involve standardization of agreements including product, services and technology agreements;
• Advising management and functional teams on legal and regulatory issues that may arise in the course of their day-to-day functioning. Working closely with the business teams on structuring of products, services and other business arrangements while helping them identify the legal risks and further add value by identifying commercial and operational risks;
• Instructing and working closely with external counsels on commercial and policy matters, seeking and reviewing legal opinions from external counsels and supervising the legal due diligence sought from external counsels;
• Prepare board level notes, update the board with respect to matters pertaining to the legal function and respond to queries raised by the board to the legal department;
• Handle IP related work;
• Establishing and maintaining global and local legal compliances. Carrying out due diligence exercise in order to understand the applicable laws in India and international jurisdictions. Continuously monitor worldwide regulations and emerging trends in the sector impacting the organization
• Lending support to the product / compliance function in compliance related matters by interpreting regulatory guidelines in areas of compliance risk management and compliance policies, procedures, controls, monitoring and audits
• Providing legal analysis in relation to new business initiatives and products. Advising internal stakeholders on governing law and dispute resolution mechanisms to be opted for agreements with foreign entities and issues related thereto
• Participating in product and industry working group calls and meetings wherever legal representation is required
• Assisting in review and creation of legal documents, policies, procedures and systems
• Participating actively in product and risk department initiatives including regulatory review and other projects where legal team’s participation is required
• Mitigating legal risks, implementing the internal legal risk compliance framework and to ensure that the NPCI group complies with local and international payments legislation and regulation
• Identifying legal issues and risks that may affect NPCI group’s business and ensuring that the Management team is properly advised concerning those issues
• Providing legal guidance relating to the formulation and implementation of NPCI group’s strategies and policies
• Keep abreast of, review and update internal stakeholders with the recent changes in laws and regulations as may be applicable to the payment and settlement industry
• Implementing the legal documentation management system

Documentation Management

• Drafting, reviewing and negotiating agreements and other documents that are complex, high-risk, and strategic in nature with domestic and foreign entities
• Standardization of agreements including product and technology agreements
• Closely work with external counsels to seek legal opinions, drafting / reviewing documents on commercial and policy matters
• Implementing legal documentation management system

Advisory

• Advising internal stakeholders on legal and regulatory issues including compliance with local and international payments legislation and regulation
• Assisting in formulation of internal strategies and policies, from a legal and regulatory compliance perspective
• Advising on structuring of products, services and other business arrangements while helping internal stakeholders identify the commercial and operational risks
• Advising internal stakeholders on governing law and dispute resolution mechanisms to be opted for agreements with foreign entities and issues relating thereto
• Advising other functions within NPCI group on legal issues pertaining to their day-to-day functioning

Legal Compliance

• Carrying out due diligence exercise in order to understand the applicable laws in India and international jurisdictions;
• Ensure that the business is consistent with the current regulations;
• continuously monitor worldwide regulations and emerging trends in the sector impacting the organization
• Mitigating compliance risks, implementing the legal and regulatory risk compliance program and to ensure that the company business in India complies with local and international payments legislation and regulation

Research & Administrative

• Keep abreast with, review and update internal stakeholders with the recent changes in laws and regulations as may be applicable to the payment and settlement industry

Preparation of committee papers in relation legal function to keep senior management abreast of critical projects, issues and litigation.