Assistant Vice President, Specialist, Business Legal IBG, Legal Compliance and Secretariat

Overview

This Assistant Vice President role provides legal and regulatory advice to the Institutional Banking Group (IBG), including the Financial Institutions Group and Financial Sponsors Group (FIG), delivering practical legal support and commercial legal thought leadership across the Bank's businesses.

What you'll do

• Provide practical, effective legal advice by applying research and interpretation skills to manage legal risk and support business objectives.
• Partner closely with business and support teams and manage relationships with external legal advisers to ensure high-quality service and appropriate billing.
• Review and negotiate contracts, agreements, policies and other documents relating to banking products and operational matters.
• Effectively manage outsourcing contracts and mortgages, and develop standardised, innovative and customer-friendly documentation.
• Identify, assess and address legal risks arising from IBG and FIG transactions.
• Support the development of transparent, legally sound processes and policies, conduct risk reviews and establish procedures to mitigate legal risk.
• Keep the team and relevant business units informed of legal developments.
• Maintain a strong understanding of banking products and services relevant to IBG, PSL and FIG.
• Advise the GIFT City IBU on transactions, including ECBs, foreign currency transactions, leveraged buyouts and sub-line financing.
• Provide comprehensive legal advice on structured transactions, construction and project finance, direct assignments, PTCs, co-lending and securitisation.
• Manage lending and borrowing transactions by drafting, reviewing, analysing and negotiating facility and security documents, and advising on related day-to-day legal matters.
• Develop and maintain standardised legal document templates.
• Develop, simplify and strengthen processes and policies by identifying gaps and recommending appropriate mitigants within the applicable legal and regulatory framework.
• Review title search reports and provide legal support on mortgage-related queries and documentation.
• Advise on customer complaints, draft or review responses for senior management, respond to notices from regulators and other authorities, review legal notices, and deliver legal training to business and support units.
• Identify and clearly communicate legal risks and recommend appropriate mitigation measures.
• Liaise effectively with consultants, law firms and advocates.

What you'll need

• Qualified lawyer with 9–13 years of post-qualification experience in corporate and institutional banking.
• Sound knowledge of RBI and SEBI guidelines.
• Strong academic foundation.
• Excellent written and verbal communication skills.
• Strong organisational and multitasking skills, with close attention to detail.
• A Graduate with LLB/LLM or other recognized legal degree, with experience in banking or financial services, especially in Corporate Banking, Commercial Banking and Transaction Banking.
• Strong diagnostic skills and a rigorous, structured approach to resolving problems.
• Excellent communication, negotiation, analytical and drafting skills.
• Ability to think creatively and develop innovative solutions to operational challenges.
• Strong formal presentation skills, with the ability to secure internal and external acceptance of proposed solutions.
• Strong commitment to ongoing learning and professional development.
• Good knowledge of banking practices, financial services and related laws in India, especially the Indian Contract Act, 1872, Companies Act, 2013, Transfer of Property Act, Insolvency and Bankruptcy Code, 2016, Banking Regulation Act, 1949, and regulations issued by RBI, SEBI etc.
• Ability to grasp new trends in the field of law.
• Good research abilities in applicable statutes and laws.
• Ability to communicate upwards effectively on ideas, issues, guidance and direction, and to take initiatives.
• Ability to work in collaboration with key stakeholders across Legal, Business, Compliance and other functions, share knowledge, and listen to others' points of view with an open mind.

Details

• Location: Mumbai.
• Employment type: Full time, regular employee.