Job Description
Objective
i. To contribute towards developing best in class contract management function which, while
servicing the internal business and control stakeholders in contracts, legal documents, terms
and conditions etc, is also able to insulate the business from all risks.
ii. Implement technology enabled tools and experience-based initiatives to make the contracting
process automated, efficient, and effective.
1. Description of KRAs
a) Contracts:
i. Standardisation of templates while prescribing negotiable and non-negotiable clauses basis
risk categorisation and type of contracts.
ii. Set up an efficient drafting and review process of contracts and other legal documents for
various business lines including payments, technology, merchants, product specific like
insurance, mutual funds, coupons etc.
iii. Lead contractual negotiations and closure independently.
b) Commercial:
i. Develop commercial understanding of the business and each product line for risk assessment
including what is mandatorily required under various regulations for financial services
products like insurance and Mutual funds.
ii. Provide expert & strategic legal advice on various aspects of business to management on
optimising the contracting process, stamping, e-sign, repository access etc.
iii. Evaluate and weigh multiple inputs and impacts of any decision or course of action as the
business is large, has PAN India operations and offices, ability to anticipate issues and estimate
risks, identify proactive solutions that will eliminate or mitigate risks.
c) Process:
i. Communications with relevant counter parties / external counsels for contract finalisation.
ii. Systematise the complete contracting process, TAT expectations, repository and retrieval
iii. Establish an auditable and robust process for renewals and monitoring of key requirements of
contracts.
iv. Deployment of technology-based solutions and tools to make the end to end contracting
process efficient, effective and best in class as to quality of drafting and risk mitigation.
v. Keep abreast of legislative change & maintain current knowledge of alterations in legislation
to continue to improve contract versions.
2. Min Qualification
i. LL. B/ LLM.
ii. Minimum 7 years post-qualification experience.
iii. Have strong drafting and communication skills.
iv. Exposure to a variety of contracts – Complex IT /software development, licensing, real estate
to variety of vendor, supplier, employment, service contracts – both revenue and expense line
contracts.
v. Overall good legal knowledge (corporate law, employment laws, business laws, data privacy
practises, info sec standards, etc). Exposure on regulatory compliance and litigation is a good
to have but not mandatory.
3. Expectations other than qualification & technical experience:
i. Committed and ready to work under pressure.
ii. High degree of professional ethics and integrity, excellent judgment, analytical skills and
good interpersonal skills.
iii. Willingness to learn, improve and challenge the status quo for the better.
iv. Good Negotiation skills and general commercial acumen.
Application Procedure
For more details and application procedure click here.
