Senior Legal Counsel with YES BANK (Mumbai Metropolitan Region)

Deadline Open Deadline

Location Mumbai Metropolitan Region, Maharashtra.

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

Details of the Organization

YES BANK is a leading Indian private sector bank committed to transforming the financial landscape of India. With over 1200 branches nationwide and a dedicated team of YES BANKers, they strive to deliver exceptional banking solutions and empower individuals, businesses and communities to thrive.

Details of the Job/Internship

YES BANK is hiring for the position of associate legal counsel with 10-12 years of experience to join their office in Mumbai.

Role and Responsibilities

Primary responsibility will be to provide support and legal advice to Large Corporates/Wholesale Banking/Structured deals/Trade Finance/Transaction Banking Products
Develop standard agreements and templates together with legal guidelines for products and documentation as appropriate and keep such documentation and guidelines updated.
Management of the legal affairs and legal risks of the businesses of the Bank.
Helping business lines and function structure transactions, products, contracts, set up procedures along best practices, negotiate arrangements and legal terms with third parties, resolve legal problems, and propose and advise on solutions that help the business lines complete their transactions/resolve issues within the bank’s operational/legal framework.
Provide legal advice and support as required generally by business teams and other functions like human resources, finance, compliance etc.
Provide general advise to the Bank branches, subsidiaries and affiliates, as required, on legal issues arising from the organization and management of the relevant legal entities within India including corporate structure governance and operations.
Assist in evaluation and conducting thorough due diligence for all deals and transactions including property related matters and regulatory perspective, and to highlight concern areas and recommend risk mitigation strategies / options.
Co-ordination and follow-up with outside legal counsels and drafting of Complaints, Replies, Misc Applications, Affidavits etc. in Civil as well as Criminal litigation matters including Recovery of debts.
Monitor trends in the regulatory and statutory environment for their impact on an organization and suggest an action plan for addressing them. Keeping abreast with latest legal developments.
Co-ordination with other legal team to develop & implement legal function goals and objectives and best practice along with streamlining housekeeping and reporting activities.
Advise and support businesses in relation to the structuring, negotiation and execution of third-party agreements entered into by relevant legal entities within India
Supervise and manage local litigation and pre-litigation disputes as appropriate.
Advise and provide support in relation to setting up/launching of new products or structuring any deals including drafting/vetting and negotiating all contracts, agreements and other documentation.
Provide legal support to analyze and assess contractual risks in credit and other agreements and documents to protect the interest of the Bank.
Monitor legal developments which may affect the businesses especially bank business operations and provide appropriate legal advice and support in relation to such issues.
Assist the General Counsel/Corporate Legal Head in compliance with Bank legal policies and assist in setting up, where necessary, relevant local legal policies and procedures to reflect specific legal requirements of India.
Advise on substantive legal issues and questions of law.
Provide legal advice and support and transaction management services for all Bank business activities.

Eligibility

A qualified lawyer with a degree in law (LL.B), preferably Tier I & II, having 10-12 years of corporate legal experience preferably in the Banking sector or top NBFCs only.