Details of the Organization

NPCI is an umbrella organisation for all retail payment systems in India. It was set up with the support & guidance from Reserve Bank of India (RBI) & Indian Banks Association (IBA). A registered company under Section 8 of the Companies Act, 2013.

Details of the Job/Internship

National Payments Corporation Of India (NPCI) is hiring for the position ofSenior Role Legal (Product Lawyer) to join their office in Mumbai.

Role and Responsibilities

• The job requires providing strategic legal advice and support to the product teams, ensuring compliance with relevant laws and regulations.
• The role involves working closely with cross-functional teams to advise on the legal aspects of the products, mitigate risks and drive the successful launch and operations of NPCI products.
•  Provide legal guidance on product development, launch, and lifecycle management, ensuring compliance with applicable laws and regulations including data privacy laws.
• Stay abreast regarding and interpret relevant laws, regulations, and industry standards impacting digital payment products.
•  Draft, review and negotiate a variety of agreements, including platform, product, licensing, partnership, and service agreements.
• Identifying and mitigating legal and regulatory risks in product related documents and commercial arrangements.
• Standardization of product and platform agreements.
• Advising on and managing intellectual property rights related aspects of the products.
• Working closely with business teams on structuring of products, services and other business arrangements while helping them identify risks.
• Assisting internal stakeholders in formulation of policies and processes from a legal perspective.
• Keep abreast with and update internal stakeholders with the recent changes in laws and regulations as may be applicable to the payment and settlement industry.
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• Drafting and reviewing petitioner, written statements and other submissions pertaining to product related litigation and manage the same.
• Coordinate with external counsels for seeking legal opinions, drafting documents and litigation with respect to NPCI products.
• Preparation of internal committee notes and agendas to keep senior management abreast of critical projects, issues and litigation related to the products.
• Advising other functions within the organizations on legal issues pertaining to their functioning.

Eligibility

Candidate must have 8+ years of experience and an LLB educational qualification.

Salary/Stipend

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

Type of Opportunity

Fulltime

Country

India

State

Maharashtra

City

Mumbai

Address

Mumbai,Maharastra

Application and Registration Details