Vice President, Business Legal, Consumer Banking

Job description

Responsibilities :

This role provides legal and regulatory expertise to business and support units, resolving operational challenges and developing robust plans to meet customer needs while adhering to all applicable laws and regulations. Key responsibilities include providing pragmatic legal solutions for retail banking products (Assets / Liabilities) including secured and unsecured loans, managing real estate and vendor contracts.

• Anticipate and manage legal risk  - Identify, evaluate, and address issues of legal risk in retail banking products services (like credit cards, home loans, gold loans, digital banking services etc), real estate, human resources, and Technology services.
• Drafting and Negotiation  - Independently design, draft, negotiate and approve legal contracts, letters of agreement, policies and other documents related to banking products and operational matters. Effectively manage outsourcing contracts and mortgages. Ability to innovate standardize documents to make them customer friendly is crucial.
• Business Enabler  - Provide pragmatic and effective legal advice using research and interpretation skills to achieve business objectives. As expert of laws, provide consultative guidance for Bank s strategic goals, objectives, and partnerships.
• Think Strategically  - Be a strategic contributor by proactively sharing legal updates and business opportunities emerging therefrom.
• Customer Focus  - Participate in the development of transparent and legally sound processes, policies. Conduct risk reviews and develop procedures designed to reduce legal risk.
• Relationship led  Develop trust and strong relationships with internal stakeholders.
• Provide practical legal advice and support to business and support units (branch banking, credit cards, mortgages, operations, HR, procurement, real estate, technology, and infrastructure) ensuring legal risk mitigation.
• Draft and review legal documentation (e.g. leases, NDAs, supplier and outsourcing contracts, partnership arrangements etc.).
• Manage customer complaints, including vetting responses for complaints to senior management and regulators.
• Develop and execute litigation strategy.
• Adhere to Bank legal risk management policies and industry standards. Proactively identify and mitigate legal risks.
• Adapt to evolving legal landscapes and customer needs.
• Maintain litigation reports and liaise with external legal counsel.

Requirements :

Skills Required

Risk Management, contract law , Regulatory Compliance