Role Summary:

Provide legal documentation and advisory support to the Bank across transaction banking, escrow structures (including RERA escrow), wealth management, technology contracts, vendor agreements, and GIFT City (IFSC) liability products, with a strong focus on electronic payments, payment systems, and regulatory compliance under applicable RBI regulations. The role will also lead and manage a team of legal professionals, ensuring high-quality, timely, and consistent legal support to business stakeholders.

Key Responsibilities:

- Draft, review, and negotiate documentation for cash management and transaction banking products, including electronic payment solutions.

- Advise on legal aspects of electronic payments, clearing and settlement mechanisms, and compliance with the Payment and Settlement Systems Act, 2007.

- Structure and handle escrow and RERA-compliant escrow arrangements, including tripartite agreements.

- Support wealth management business through client agreements, distribution contracts, and product documentation.

- Draft and negotiate vendor and commercial contracts, including outsourcing and professional services agreements.

- Handle IT and technology contracts, including software licensing, SaaS, cloud services, data processing, and fintech partnerships.

- Advise business, operations, compliance, and risk teams on RBI regulations, internal policies, and regulatory developments.

- Responsible for new product launches and new product note approval process.

- Lead, mentor, and manage a team of approximately 6 lawyers, including allocation of work, quality control, performance development, and capacity planning.

- Ensure standardisation of documentation, process efficiency, and adherence to internal legal and risk frameworks.

- Support internal audits, regulatory inspections, and engagement with regulators and external counsel, as required.

Key Skills & Competencies:

- Strong expertise in banking and transaction documentation.

- Sound understanding of electronic payments, the Payment and Settlement Systems Act, 2007, and RBI regulatory framework.

- Practical exposure to RERA, SEBI, and IFSCA regulations.

- Demonstrated team leadership and people-management capability.

- Strong drafting, negotiation, and stakeholder management skills.

- Ability to balance legal risk with business and product objectives in a high-volume environment.

Qualifications:

- LL.B. from a recognised Indian university.

- Prior experience in a bank or financial services organisation.

- Proven experience in leading and managing legal teams preferred.