Specialist, Business Legal, Legal, Compliance and Secretariat

Business Functions

Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.

Job Purpose

This role will provide legal support and guidance on a wide range of transactions and activities, ensuring compliance with all applicable laws. The successful candidate should have strong risk-based approach and have excellent communication and interpersonal skills. The candidate should have a strong ability to multitask and support the ever-growing and fast paced business within GTS.

Responsibilities :

• Provide legal advice and support on all aspects of trade finance and transaction banking products and services, including letters of credit, bank guarantees, standby letter of credit, documentary collections, factoring, supply chain.
• Have the ability to review, draft, and negotiate a wide range of legal documents, including contracts, agreements.
• Identify and mitigate legal risks associated with trade finance instruments and other agreements.
• Have a fair idea of fintech platforms under Treds and other ecosystem / strategic partners.
• Conduct legal research and analysis on relevant laws, regulations, and industry best practices including but not limited to a fair understanding of UCP 600, URDG, ISBP.
• Provide training and guidance to business units on legal and regulatory matters.
• Collaborate with other members of the legal team and business units to ensure consistent and effective legal support.
• Stay abreast of legal and regulatory developments in the trade finance and transaction banking industry.
• Contribute to the development and improvement of legal policies and procedures.
• Have a detailed understanding of various acts such as Companies Act 2013, Contract Act 1872, Digital Personal Data Protection Act 2023, IT Act 2000, Factoring Act 2011 and relevant regulations prescribed by RBI, IFSCA (from a Gift City perspective)
• Have a detailed understanding of Escrow Agreements, Trust and retention Account Agreement, Cash Management Services, Payment Aggregator concepts.
• Experience in handling end to end lending / borrowing transactions, project finance, ECB / FCY transactions, leverage buy outs, structured finance / syndicated deals, consortium lending.
• Fair knowledge and understanding of direct assignment, pass through certificate, securitization, co -lending under RBI framework.
• Reviewing, analyzing and negotiating the facility and security documents (including vetting of title search reports) and advising on various legal issues in day-to-day matters.
• Responsible for providing guidance on customers complaints, drafting or vetting response of the complaints to senior management, responding to notices from regulators / authorities, vetting legal notices, conduct legal training for business units and support units.
• Liaise with law firms / advocates as may be required.

Qualifications :

Preferred Qualifications :

Skills Required

ucp 600 , Cash Management Services, Trade Finance, Legal Research, Transaction Banking, Structured Finance, Project Finance