About this role
Job Requirements
Job Title: Deputy Legal Counsel
Function/Department: Legal
As Deputy Legal Counsel in the Wholesale Banking Legal department at IDFC FIRST Bank, you will play a pivotal role in ensuring legal and regulatory compliance across all retail banking operations. This position is ideal for a self-motivated and dynamic legal professional with a strong understanding of banking laws and a passion for contributing to a fast-paced, growth-oriented environment. Join us in our mission to become the most trusted and preferred bank in India.
Roles and Responsibilities:
- Provide legal advice and support to the Wholesale banking business.
- Ensure compliance with all applicable laws, regulations, and internal policies.
- Review and negotiate contracts and agreements with third-party vendors and service providers.
- Conduct legal research and analysis to identify potential risks and recommend mitigation strategies.
- Develop and implement policies and procedures to ensure legal and regulatory compliance.
- Collaborate with cross-functional teams to address legal and compliance issues promptly.
- Strong knowledge of retail banking laws and regulations in India.
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively within a team.
- Strong analytical and problem-solving capabilities.
- Proven ability to manage legal and compliance issues in a dynamic environment.
- Effective multitasking and prioritization skills.
- Monitor changes in laws and regulations related to retail banking and communicate updates to stakeholders.
- Conduct training sessions for employees on legal and compliance matters.
- Manage relationships with external legal counsel to ensure timely and cost-effective support.
- Prepare and submit reports to senior management on legal and compliance issues and their resolution.
- Willingness to travel as required.
Educational Qualifications:
Graduation: Bachelor’s Degree in Law(LL.B)
Post-Graduation: Master’s Degree in Law(LL.M)
Experience: 5 - 10 years of relevant experience legal advisory and compliance