Heard and read of demonetization, financial & banking inclusion, FinTech and what not!!! Participated in numerous offline debates with friends, family and colleagues on merits and demerits of a digitized economy... We have all done this and more, but what have we done to ensure success of the scheme- Here is your chance to make a difference, come be a part of this change @ Aditya Birla Payments Bank  Job Purpose :  Head Legal of the Bank :  To deal with all legal matters of the Bank and to act as a single point of advisory for protecting and promoting business interests of the Bank by drafting and evaluating business/legal documents related to various transactions and advising and recommending the best course of action for business in respect of issues arising out of applicable legislations  Job Context & Major Challenges :  Job context :  - Since Payments Bank is a niche industry, there are not many immediate precedents available to - see and learn.- The Legal Function is responsible for not only ensuring compliance with applicable laws but also to protect the Company's interests in their relationship with third parties.   - At the same time, there is an endeavour to prevent disputes in any such relationship.   - The Company has varied kind of legal issues which makes the job highly demanding and requiring high level of professional knowledge coupled with quick response.   - Variety and volume of issues referred for advise and support are very high and high degree of skill is required for quick grasping of issues relating to various subjects.   - The job requires interaction with outside agencies, government officials, legal counsels and consultants with the object of promoting and safeguarding the Company's interest.   - The job also requires high degree of maintenance of confidentiality and involvement with clarity in expression and good negotiating skill.   Challenges :  - To strike a fine balance between applicability of various laws/ regulations/ guidelines and maintain the flexibility / agility required for promoting business interests  - Application of process of unlearning outdated concepts and learning new methods and learning contemporary legal skills  - Migration of PPI business from Idea Cellular along with its legal contracts and PPI compliances and ensuring the merger process to be in line with the intent and acceptable to various regulatory bodies like RBI   - The diverse nature in terms of enormous number of counter parties involved in setting up a bank like Technology Providers, Payment Gateways, Alliances, Third Party Financial Products, Banking Products, support functions contracts like Admin Contracts, HR contracts, etc.

Mumbai

Aditya Birla Payments Bank - VH - Legal 

Aditya Birla Payments Bank - VH - Legal  ,Job Description for Aditya Birla Payments Bank - VH - Legal  in Aditya Birla Bank in  Mumbai for (10-15) years of experience. Apply Now!

Job Description for Aditya Birla Payments Bank - VH - Legal  in Aditya Birla Bank in  Mumbai for (10-15) years of experience. Apply Now!