Principal Legal Counsel - Bank

One of the reputed banks is looking to hire Principal Legal Counsel - Governance & Compliance with 6-10 years of experience for the Bangalore location.

Responsibilities

- Constructively support the Business teams in devising new products, processes, business requirement documents, functional specification documents and also revisiting existing processes.

- Discuss, draft and standardize documents for the products.

- Suggest business solutions for offering banking products through digitized channels.

- Scrutinize and approve all legal documents.

- 4 years should be in Banks/NBFCs/Fintech Companies

- Give sound legal advice and recommendations to business teams in order to protect the legal interests of the Bank.

- Communicate/interact with Regulators, Statutory Authorities, Law enforcement Agencies, for resolution of legal issues/ensuring compliance.

- Taking proactive measures to reduce complaints against the Bank so as to protect the interests of Bank's stakeholders.

- Experience in legal matters relating to General and Commercial Laws, Civil Procedure Code, Criminal Procedure Code, Indian Penal Code, Evidence Act, Insolvency and Bankruptcy Code, Civil Procedure Rules, Arbitration and Conciliation Act, Negotiable Instruments Act, Payment and Settlement Systems Act, Banking Ombudsman Scheme/Integrated Ombudsman Scheme, Regulatory and Statutory Compliance, Banking Regulation Act, Stamp Duty etc.