Website:
indusind.bank.in
Job details:
Job Role:
Legal – Documentation
Location:
Mumbai
Experience:
05–12 years (Banking / Financial Services)
Role Summary
Provide legal documentation and advisory support to the Bank across transaction banking, wealth management, technology contracts, vendor agreements, with a strong focus on electronic payments, payment eco-system, and regulatory compliance under applicable RBI regulations.
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.
- 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.
- 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 RBI, 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
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