Assistant Legal Manager with BharatPe

Deadline Open Deadline

Location Gurugram, Haryana, India.

Salary Compensation details will be finalized during the interview process with the selected candidate.

Details of the Organization

BharatPe was founded in 2018 with the vision of making financial inclusion a reality for Indian merchants. In 2018, BharatPe launched India’s first UPI interoperable QR code, the first zero MDR payment acceptance service. In 2020, post-Covid, BharatPe also launched India’s only zero MDR card acceptance terminal – BharatSwipe. Currently serving over 1 million merchants across 400+ cities, the company is a leader in UPI offline transactions, with an annualized Transaction Processed Value of US$ 26 Bn in payments.

Details of the Job/Internship

BharatPe is hiring an Assistant Legal Manager with experience of 4+ years to join their office in Gurugram.

Role and Responsibilities

Expertise in assisting in general corporate matters involving companies act, RBI, SEBI, FEMA and fintech regulations.
Assisting in transaction for debt/equity raise and related compliances, legal due diligences and transaction documents.
Provide comprehensive legal advice and support on a broad range of issues related to fintech payment products. Ensure compliance with RBI regulatory frameworks, payment regulations, the Payment and Settlement Systems Act, 2007, RBI Online Payment Aggregation, and Digital Data Protection Act, 2023, including NPCI guidelines.
Facilitate the drafting, reviewing, and negotiation of agreements with various payment partners, such as acquiring banks, payment processors, UPI Payout providers, Internet banking services, and technology vendors offering solutions like digital KYC and digital signing.
Ensure contracts protect the company's interests and comply with applicable laws and regulations.
Develop and maintain internal policies, procedures, and guidelines to ensure compliance with applicable laws and regulations, focusing on payment processing and data protection.
Stay updated on changes in laws and regulations related to fintech payment products, RBI payment regulations, the Payment and Settlement Systems Act, 2007, the Payment Aggregators Cross-Border New Licensing Regime, and the Digital Data Protection Act, including NPCI guidelines.
Understand business needs and provide practical legal solutions and execution while ensuring compliance to all applicable laws to meet those needs.
Advise the business to ensure ongoing compliance with regulatory changes.
Cross-Functional Collaboration: Work with teams across product, compliance, and finance to ensure legal compliance and manage legal risks.
Ensure legal compliance to mitigate risks and protect the company's interests.
Support the company's growth by providing timely and effective legal advice and assist in various transactions on payment products and regulatory compliance.
Consistently deliver value by providing practical legal solutions to complex regulatory issues.
Navigate a highly competitive and emerging fintech sector with ongoing regulatory changes.
Collaborate with cross-functional teams to manage legal risks effectively.
Adapt to an evolving industry and ensure compliance with new regulations.

Eligibility

A law degree from a recognized university;
Associate member of the Institute of Company Secretaries of India;
4+ years of experience General corporate matters involving RBI, Companies Act, FEMA, SEBI, Debt and Equity raise, Due Diligences, Transaction Documents and legal matters;
preference to candidates who have previously worked in fintech industry;
Ideal candidates possess either in-house experience or a background in law firms.
Previous legal experience in the payments, fintech, or financial services industries.
Attention to Detail: Ensure all legal documents and agreements are meticulously reviewed and compliant with regulations.
Analytical Thinking: Apply logical and critical thinking to solve complex legal issues related to fintech payment products.
Communication: Convey legal concepts and requirements to non-legal stakeholders.
Collaboration: Work effectively with cross-functional teams, fostering a collaborative environment.
Proactive: Stay ahead of regulatory changes and proactively address potential legal risks.
Adaptability: Adjust to changes in the regulatory landscape and business needs with agility and flexibility.