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DBS Bank

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3.8

based on 1.7k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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131 DBS Bank Jobs

Assistant Vice President, Team Head, Business Legal

10-15 years

₹ 37 - 43L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Chennai

1 vacancy

Assistant Vice President, Team Head, Business Legal

DBS Bank

posted 21d ago

Job Description

Job Purpose
To identify and manage and control Legal risk for DBS India. To develop and build an effective Legal function that partners and supports the overall strategic agenda and growth of DBS India by providing pragmatic and effective legal advice to manage legal risk across the business and assist in the design and implementation of procedures to effect the reduction of this risk.
Key Accountabilities
Contribute to the development of DBS India strategy through the identification of legal risk. Develop and deliver strategic legal risk management initiatives. Identify and meet management information requirements for the measurement of legal risk exposure, performance (both of internal and external legal resources) and productivity.
Develop and maintain a close working relationship with business heads, products and business managers.
Manage Litigation, evaluate strategy, identify risks and provide update to management.
Job Duties Responsibilities
Provide legal guidance and assistance to the Branch Banking team (National Distribution System) on a daily basis, ensuring smooth operations and addressing legal issues that may arise.
Primarily manage cases filed against the bank, effectively handling consumer cases, civil disputes, and employee-related legal matters. Provide legal support to business units, specifically the Collections and SAM teams, in navigating legal issues related to their operations which includes providing legal guidance and support in managing recovery matters for both Collections and SAM.
Possess a strong understanding of criminal law and procedures, enabling you to effectively navigate complex legal situations.
Possess a strong understanding of the SARFAESI Act, Debt Recovery Tribunals and insolvency proceedings, enabling you to effectively manage related legal issues and navigate these complex legal frameworks.
Skillfully handle fraud matters, including filing complaints and FIRs with law enforcement authorities.
Embed the Legal Risk and Principle Risks Standard in the business and ensure that the policies are adhered to.
Ensure that all aspects of legal risk are identified, covered and controlled in the implementation of new projects, systems, procedures and products for the Indian market
Have responsibility for the quality of legal advice given, reviewing projects as required to ensure consistent content, cost and timing standards.
Provide legal advice to business managers as required, to ensure that legal issues are identified and resolved, and that legal risk is managed appropriately within DBS India.
Ensure best practices are adopted and guidelines complied with and that all activities comply with applicable laws, rules and regulations
Manage and control external legal resources in terms of cost and performance, including negotiation and settlement of external legal fees. Act as liaison between banking personnel and external legal advisers as appropriate.
Ensure an up to date and relevant knowledge of principal areas of law and practice in India
Provide education, training and support to the businesses on relevant legal risk issues and development as appropriate.
Proactively forge relationships with a broad range of business areas and third parties in order to encourage the best quality output and service from the team.
Monitor client satisfaction and the legal effectiveness of individual transactions and cost management of the legal advice provided.
Share know-how and experience with other legal advisers within the team and elsewhere within the DBS legal function, including participation in any global practice groups relevant to role and expertise.
Required Experience
Qualified lawyer with post qualification experience in banking law commensurate with the required capabilities detailed above
10- 15 years of commercial and banking laws and industry practice.
Experience of commercial banking, consumer banking, and branch banking
Good academic grounding.
Education / Preferred Qualifications
A Graduate with LLB/ LLM or other recognized legal degree with direct experience in banking or financial services industry.
Core Competencies
Excellent diagnostic skills and rigorous approach to problem solving
Excellent communication and negotiation skills at all levels, especially drafting writing skills
Excellent comprehension skills to understand and interpret industry data and economic trends
Strong formal presentation skills to gain acceptance to solutions, both internally and externally
Attention to detail and tenacious
Proven leadership experience in leading and team creation and co-ordination skills to mobilize, manage and review control issues, including speedy resolution
Ability to think creatively and identify innovative solutions; Should have a stable mindset to handle issues also be able to think through a problem.

Technical Competencies
Extensive knowledge of banking and commercial law
Strong technical ability ability to grasp new technical areas of law very quickly
Strong knowledge on all related laws and regulations in India.

Employment Type: Full Time, Permanent

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DBS Bank Interview Questions & Tips

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People are getting interviews at DBS Bank through

(based on 96 DBS Bank interviews)
Job Portal
Referral
Campus Placement
Company Website
Walkin
Recruitment Consultant
39%
15%
7%
6%
5%
3%
25% candidates got the interview through other sources.
High Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.

What people at DBS Bank are saying

4.0
 Rating based on 32 Assistant Vice President reviews

Likes

Dbs is fantastic organization, but indian group isn't that level up.

Dislikes

Work life balance Vision is not clear

Read 32 reviews

Assistant Vice President salary at DBS Bank

reported by 402 employees with 9-18 years exp.
₹19.5 L/yr - ₹50 L/yr
21% more than the average Assistant Vice President Salary in India
View more details

What DBS Bank employees are saying about work life

based on 1.7k employees
55%
51%
51%
99%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

DBS Bank Benefits

Health Insurance
Free Transport
Job Training
Work From Home
Soft Skill Training
Cafeteria +6 more
View more benefits

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DBS Bank Chennai Office Location

View all
Chennai Office
DBS Bank India, 806, Anna Salai, Mount Road Chennai
Tamil Nadu 600002

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