Our client which is a leading Bank is seeking for Sr. Manager Legal- Wholesale Banking.
Position: Sr. Manager Legal (Wholesale Banking)
Location: Mumbai
No of position: 1
Experience: LLB/LLM with Minimum 13 years in banking
Industry- Banking/ Financial Services
Function: Legal
CTC – Negotiable
Job Purpose:
To provide complete legal support and services to Wholesale bank and Financial Markets team, as a dedicated legal resource, by giving advice on day-to-day Banking and drafting & vetting of documents.
Job Role:
- Examine the issue from the perspective of the relevant Act and court judgments, and then provide solution, compatible to both business and legal requirements.
- Understand the transaction -examine the loan documents from the transaction angle and draft /modify/vet the documents.
- Negotiating and finalizing ISDA transaction and advising on disputes with clients on existing transactions.
- Coordinating with external counsels to meet internal legal requirement on a need basis.
- Standardise legal documents to make it user friendly.
- Reduction of cost on legal expenses
- Minimising dependency on external legal counsel for legal opinions, drafting and vetting of loan documents.
- Monitor the expenses of the department and ensure it is within the allotted budget.
Provide internally
- Necessary legal guidelines/ clarifications and legal support as when required by the branches/offices.
- Responses to the queries raised by business
- Suitable guidelines on Documentation and related issues to Branches/offices
- Necessary assistance to Business from legal perspective including drafting and suggesting of loan documents for launching new asset products or modification of prevailing product
- Loan documents for various asset products are in place
- Developing of standard uniform documents for various loan products.
- Review of existing loan documents
- Developing documentation process
- Drafting and vetting Transaction specific documents (other than standard loan documents).
Issue of Circular on
- Legal amendments or Acts related to Banking.
- On documentation issues.
Interested candidates can mail their resumes to nexusdipti@gmail.com