Job Requirements
About the Role
The Legal Counsel will be responsible for supporting and managing various legal activities within the Retail Risk function. This includes drafting and reviewing contracts, conducting legal research and analysis, preparing legal documents and reports, and assisting senior legal team members in litigation, prosecution, investigations, contract negotiations, and settlements. The role is pivotal in safeguarding the commercial and legal interests of IDFC First Bank and involves collaboration with multiple internal and external stakeholders to align with the bank's strategic objectives.
Key Responsibilities
Primary Responsibilities
- Provide sound legal advice to business groups on matters related to banking operations in coordination with the Head Wholesale Banking Legal.
- Demonstrate in-depth knowledge of banking products such as term loans, working capital loans, consortium and multiple banking arrangements, and security documentation.
- Stay updated on regulatory frameworks, including stamp duty, project finance, and transaction banking services like cash management, bank guarantees, SBLCs, and escrow arrangements.
- Advise business teams on implementing strategies aligned with the bank's vision and corporate goals.
- Support corporate clients, conglomerates, debt syndication, transaction banking, trade finance, documentation, and operations teams in closing transactions efficiently and within budget.
- Review and provide legal input on strategic contractual documents and assist in resolving contractual disputes to protect the bank's interests.
- Ensure high-quality legal facilitation and accurate advice on transactional matters.
Secondary Responsibilities
- Monitor statutory obligations and ensure compliance with legal requirements.
- Address customer/legal escalations and regulatory issues related to the respective banking group.
- Develop and periodically update legal manuals and procedures relevant to the banking group.
What We Are Looking For
Education
- Bachelor's degree in Law (LLB) is mandatory.
- A Master's degree in Law (LLM) or related field is preferred.
Experience
- 2 to 5 years of relevant legal experience
Skills and Attributes
- Strong legal research and analytical skills
- Excellent written and verbal communication
- Ability to manage multiple stakeholders and work under pressure
- Proficiency in drafting and reviewing legal documents
- Knowledge of banking regulations and financial products
- Attention to detail and a proactive approach to problem-solving
