Snapmint - Legal Counsel - FinTech / Commercial / Regulatory Affairs - LLB / LLM

About Snapmint :

Snapmint is a leading fintech company redefining access to consumer credit in India. Backed by marquee venture capital and private equity investors, our zero-cost EMI platform enables responsible purchases, without a credit card, across categories like fashion, electronics, and lifestyle.

India has over 300 million credit-eligible consumers, yet fewer than 35 million actively use credit cards. Snapmint addresses this gap by offering a trusted, transparent alternative grounded in financial inclusion and ethical lending practices. Founded in 2017, Snapmint is a profitable, high-growth company doubling year-on-year. Our founding team -alumni of IIT Bombay and ISB-brings deep experience from Oyo, Ola, Maruti Suzuki, and prior successful ventures in ad-tech, patent analytics, and bank-tech.

We are building the future of responsible consumer finance-simple, transparent, and customer-first.

Role Overview :

We are seeking a qualified and motivated Legal Counsel with 5-8 years of post-qualification experience to join our legal team. The ideal candidate will have a strong foundation in fintech and NBFC regulatory frameworks, commercial contract negotiation, and stakeholder advisory. You will work directly with the leadership team, business heads, and external counsel to ensure compliance, mitigate risk, and support strategic initiatives.

Key Responsibilities :

• Review, draft, and negotiate a wide range of commercial contracts including service agreements, partnership arrangements, merchant onboarding documents, and financing agreements.
• Advise on compliance with RBI NBFC norms, data protection laws, fintech regulations, and applicable consumer lending standards.
• Support product, operations, and technology teams on legal implications of business models, product features, and new initiatives.
• Oversee legal risk management across lending, collections, marketing, and data usage.
• Manage regulatory filings, audits, and engagement with authorities including RBI, MCA, and other relevant regulators.
• Collaborate with external counsel and advisors for litigation, structuring, or regulatory opinions.
• Develop and deliver internal training sessions on key legal and regulatory topics.
• Monitor and communicate legal and regulatory updates impacting the fintech / NBFC landscape.
• Contribute to internal policy formulation, governance frameworks, and compliance monitoring programs.
• Staying up-to-date with changes to legislation, particularly in relation to laws, rules and regulations that directly affect your business and specific industry. Qualifications :
• LL.B. or LL.M. from a reputed university in India
• 5-8 years of post-qualification experience, with strong exposure in law firms and / or in-house legal teams, preferably within fintech, NBFCs, or financial services
• Robust understanding of regulatory advisory, commercial contracts, and compliance frameworks
• Demonstrated ability to collaborate effectively with business stakeholders, regulators, and external counsel Key Competencies :
• Strong grasp of financial services laws and regulations, particularly RBI and fintech-related guidelines
• Excellent legal drafting and contract negotiation skills
• High attention to detail and ability to manage competing deadlines
• Commercially astute with sound judgment and practical problem-solving skills
• Strong interpersonal and communication skills, capable of working cross-functionally
• Self-starter who thrives in a fast-paced, high-growth, and evolving environment

Compensation & Benefits :

We offer a competitive compensation package aligned with industry standards, including performance-based incentives and long-term wealth creation opportunities. At Snapmint, you'll also benefit from a high-impact role, a collaborative work culture, and the chance to help shape the future of digital consumer finance in India

ref : iimjobs.com)