AVP Legal – Commercial

LPL FinancialHyderabad, TelanganaOn-siteFull-timeStaff, 8–12 yearsListed 4 hours ago

Apply now

About this role

Where Ambition Meets Innovation

At LPL’s Global Capability Center , you'll find a collaborative culture where your voice matters, integrity guides every decision, and technology fuels progress. Your skills, talents, and ideas will redefine what's possible. LPL's success reflects its exceptional employees, who together pursue one noble purpose: empowering financial advisors to deliver personalized advice for all who need it. We’re proud to be expanding and reaching new heights in Hyderabad.

Join us as we create something extraordinary together.

Job Description

Position: AVP Legal – Commercial (India)

Location: Hyderabad, India.

Experience: 10+ Years

Employment Type: Full-Time

Function: Legal, Policy, and Community Impact.

Reports To: Head of Legal – India

Role Summary

We are seeking an experienced and business-oriented in-house lawyer to provide legal support for commercial transactions and enterprise contracting activities. The successful candidate will serve as a trusted legal advisor to procurement, vendor management, business, technology, operations, finance, and risk teams, supporting the negotiation, drafting, review, and management of a wide range of corporate and commercial contracts while balancing legal risk with business objectives.

The role requires strong drafting and negotiation skills, commercial judgment, stakeholder management capabilities, and the ability to handle high-volume contracting work in a fast-paced corporate environment.

Key Responsibilities

Commercial Contracting

- Draft, review, negotiate, and advise on a broad range of commercial agreements.
- Structure contracts to appropriately manage legal, regulatory, financial, tax, operational, and reputational risks.
- Develop practical legal solutions that support business objectives while ensuring compliance with company policies.
- Create and update contract templates, playbooks, and negotiation guidelines.

Procurement Agreements

- Draft, review, and negotiate procurement-related agreements, including: Master Services Agreements (MSAs)
- Statements of Work (SOWs)
- Professional Services Agreements
- Outsourcing Agreements
- Technology Services Agreements
- Software Licensing Agreements
- SaaS and Cloud Services Agreements
- Consulting Agreements
- Facilities and Infrastructure Contracts
- Data Processing Agreements

- Advise procurement teams on contractual risk, indemnities, liability provisions, and supplier management.

Third-Party Risk Management

- Support the implementation of third party due diligence processes for vendors, consultants, distributors, agents, and strategic partners.
- Evaluate compliance risks associated with third-party relationships.
- Support contract compliance provisions and risk mitigation requirements.
- Monitor ongoing compliance performance of high-risk third parties.

Customer and Vendor Negotiations

- Lead legal negotiations with customers, suppliers, service providers, technology vendors, and strategic partners.
- Partner with internal stakeholders to develop negotiation strategies and achieve commercially acceptable outcomes.
- Advise on key contractual provisions, including: Limitation of liability
- Indemnities
- Warranties
- Service levels
- Intellectual property rights
- Confidentiality
- Data protection
- Termination rights
- Business continuity requirements

Contract Lifecycle Management (CLM)

- Support and enhance contract lifecycle management processes and systems.
- Drive standardization and automation initiatives to improve contracting efficiency.
- Manage contract approval workflows and governance requirements.
- Track contractual obligations, renewals, amendments, and critical milestones.
- Develop contracting metrics and reporting for legal and business leadership.

Legal Support for Business Transactions

- Provide legal support for strategic business initiatives and commercial transactions.
- Review and assess legal risks related to new products, services, partnerships, and business arrangements.
- Advise stakeholders on contract interpretation, dispute avoidance, and contractual compliance.
- Support implementation of enterprise-wide legal and risk management initiatives.

Intra-Group Service Agreements

- Draft, review, and maintain intra-group service agreements among global affiliates and group companies.
- Support cross-border shared services arrangements and transfer-pricing-related contractual frameworks.
- Coordinate with finance, tax, compliance, and business stakeholders on intercompany contracting requirements.
- Ensure contractual arrangements reflect operational and regulatory requirements.

Legal Center of Excellence

- The role may involve active engagement in the setup and management of the India Legal Center of Excellence (CoE) supporting the U.S. parent company and global legal function. This will include providing support with: transition, centralization, and delivery of legal services, including contracting, legal operations, dispute resolution, compliance, and legal support activities;
- establishment of governance, processes, performance metrics, and quality standards to ensure efficient and scalable service delivery;
- building a high-performing legal team and manage relationships with external law firms and legal service providers.

Cross-Functional Collaboration

- Partner closely with procurement, technology, information security, privacy, compliance, finance, tax, risk, and business teams.
- Provide clear and practical legal advice to senior business leaders.
- Conduct legal training on contracting best practices and risk management.
- Support audits, regulatory reviews, and internal governance initiatives as required.

Required Qualifications

- Law degree (LL.B. or equivalent) from a recognized university.
- Qualified to practice law in India.
- Minimum 10 years of legal experience, including substantial experience in commercial contracting.
- Significant in-house legal experience preferred.
- Strong experience negotiating complex procurement, technology, outsourcing, and commercial agreements.
- Experience supporting multinational organizations and global business teams.
- Excellent drafting, analytical, and negotiation skills.
- Strong stakeholder management and communication abilities.
- Strong interest in developing AI proficiency, including the ability to learn and adopt emerging AI tools and technologies in support of objectives.

Preferred Qualifications

- Experience in the BFSI sector, financial services, technology, fintech, or global capability centers.
- Experience supporting U.S., UK, or global contracting activities.
- Familiarity with privacy regulations, information security requirements, and third-party risk management frameworks.
- Experience implementing or managing contract lifecycle management platforms.
- Working knowledge of intellectual property, data privacy, tax, and regulatory compliance considerations impacting commercial transactions.
- Proven track record of establishing or managing legal shared services, GCCs, or Legal CoEs in a multinational environment.

Key Competencies

- High ethical standards and professional integrity.
- Commercial judgment
- Contract negotiation
- Legal risk assessment
- Business partnership
- Stakeholder management
- Strategic thinking
- Problem solving
- Written and verbal communication
- Attention to detail
- Project management

Success Measures

- Timely and accurate contract review and negotiation support.
- Effective management of contractual and commercial risks.
- Reduction in contract cycle times through process improvements.
- Strong business stakeholder satisfaction.
- Consistent application of contracting standards and governance requirements.
- Successful support of strategic procurement and business initiatives.

LPL Global Business Services, LLP - PRIVACY POLICY