Legal Counsel- Digital Banking

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