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DBS Bank
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132 DBS Bank Jobs
Assistant Vice President, Team Head, Business Legal
10-15 years
₹ 37 - 43L/yr (AmbitionBox estimate)
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 6d ago
Job Role Insights
Flexible timing
Key skills for the job
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.
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.
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.
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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(based on 95 DBS Bank interviews)
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Company Website
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39%
15%
7%
6%
5%
3%
25% candidates got the interview through other sources.
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What people at DBS Bank are saying
Rating based on 32 Assistant Vice President
reviews
Anonymous · Treasury & Forex
in Ahmedabad
Likes
Dbs is fantastic organization, but indian group isn't that level up.
Dislikes
Work life balance Vision is not clear
Read 32 reviewsAssistant Vice President salary at DBS Bank
reported by
405
employees
with 9-18
years exp.
₹19.5
L/yr - ₹50
L/yr
20%
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
Flexible timing
Monday to Friday
No travel
Day Shift
DBS Bank Benefits
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