Details of the Organization

Formed in December 2018 through the merger of infrastructure finance giant IDFC Bank and retail finance specialist Capital First, they commenced commercial banking operations in 2016. 

Details of the Job/Internship

IDFC FIRST Bank is hiring for the position of Legal Counsel to join their Mumbai office. 

Role and Responsibilities

• Providing sound legal advice to business groups on various legal matters pertaining to the respective banking groups in conjunction with the Head.
• Wholesale Banking Legal - In depth understanding of banking products such as term loans, working capital loans, consortium and multiple banking, direct assignment, securitisation, debt instruments (NCDs), security documents and related issues, updated knowledge on stamp duty, project finance, trade finance, transaction banking services such as Cash management services, bank guarantees, SBLC, escrow, factoring etc.
• Drafting, Negotiation of ISDA Schedule / CSA and advising on treasury related issues for PAN India. 
• Providing effective advice and support to business group consisting of corporate clients, conglomerate, debt syndication, transaction banking, trade finance, documentation team, foreign institutional clients, operational team etc in facilitating closure of transactions.
• Providing regular update to legal / business team with respect to the changing regulatory policy framework and business requirements aligned to the strategy and advising implementation of the strategy in line with the bank's vision, and corporate objectives.
• Review and provide legal advice on development of key strategic contractual documents and decisions and support managers with the resolution of all contractual issues/disputes in order to safeguard the bank's best interests - Ensure quality of legal facilitation is exercised on the client groups and to ensure diligent advice is given to business on transactional issues.
• Ensure regular monitoring of the statutory obligation’s requirements of the company.
• Support customer / legal escalations and regulatory issues pertaining to the respective Banking Group.
• Develop and update the legal manuals and procedures related to respective Banking group from time to time. 
• Recommend improvements to processes and policies across the Banking business to drive operational efficiencies and quality customer service - Keep abreast with global legal trends and competitor strategies in key markets.
• Maintain costs of functioning as a group within the approved budget. 

Eligibility

LLB/LLM.

Salary/Stipend

As per industry standards

Type of Opportunity

Fulltime

Country

India

State

Maharashtra

City

Mumbai

Address

Mumbai, Maharashtra, India

Application and Registration Details

After you apply, you will receive the next steps of the application process via email. 

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For any questions or concerns, please contact us via email at: [email protected].