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Assistant Vice President - Legal, Advisory

13-14 years

₹ 25.15 - 35L/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.

Gurgaon / Gurugram

1 vacancy

Assistant Vice President - Legal, Advisory

SBI Cards & Payment Services

posted 1d ago

Job Role Insights

Fixed timing

Job Description

Contract Advisory - Critical agreements
1. Draft, vet and negotiate critical contracts from different business functions, including Marketing agreements, Co-Brands, IT Agreements, Outsourcing Agreements, Debenture Trustee Agreements and Finance related agreements.
2. Provide support in negotiation on deals with prospective vendors, consultants, etc.
3. Pre-empt and address the business/ regulatory risk for the Company through skillful drafting, negotiation and execution of contracts.
4. Ensure compliance with various laws and regulatory mandate applicable on third party service providers, including digital payments services, cyber security, outsourcing, etc., while drafting agreements.

Regulatory Advisory
- Key Role in Rendering legal opinion(s) and advisory which would impact the business strategy and decisions.
- Helping the business teams in structuring and designing the important commercial arrangements (i.e., network deals, con brand agreements, asset sale arrangements) to address business / legal risk.
- Examine the permissibility w.r.t. contracting with various vendors from a regulatory aspect as well as from a contractual perspective.
- Adept at handling a wide range of issues, through interpretative, innovative and path breaking thinking esp. in today dynamic age where the regulations and legislations are archaic.
- Deep Domain expertise of the various laws including but not limited to Company law, Competition, Contract, Commercial law, Banking law, etc.
- Coordination with Regulatory authorities for critical matters, including RBI, NPCI, UIDAI etc.

SME for Data Protection laws
- This role shall play an active role in advising internal stakeholders on the newly enacted Data privacy regime, conducting a gap analysis of company policies and operational processes, drafting customer consents and process flows, etc., to ensure compliance with the laws and to address the requirements / gaps.
- Working closely with the Data Privacy Officer to work on privacy policies, customer TCs and regulatory matters.
- Keeping abreast of developments in the industry, regulatory framework, best practices for the adoption by the company.
- Advise on digital process for customer interface, such as onboarding, VKYC, use of WhatsApp, etc., to ensure customer convenience and regulatory compliance.

Managing External stakeholders
Preparation of various documents, including legal opinions, representations to be submitted to regulators, briefs for legal opinions to be sought from Senior counsels, etc.

Projects
- Represent the legal advisory team in functional, as well as cross functional business and strategic projects and provide advisory to the project team on legal matters

Legal Disputes
- Negotiate and handle disputes (legal / contractual) with vendors / partners (prior to litigation / arbitration stage) to ensure amicable settlement and negotiation
- Draft Legal notices, warning letters and similar communication to be issued to the vendors / partners for breach of contractual or regulatory obligations.

Customer Communication
- Review and advise on customer communication, including product TCs, Application Forms, emailers, product catalogues from a legal perspective.
- Review of the website contents, social media posts and advise on the way forward.

Mentorship
- As a leader, mentoring the DRs and interns.
- Leading internal assignments and teams


Employment Type: Full Time, Permanent

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What people at SBI Cards & Payment Services are saying

Assistant Vice President Legal salary at SBI Cards & Payment Services

reported by 2 employees with 13-14 years exp.
₹27.1 L/yr - ₹34.6 L/yr
29% more than the average Assistant Vice President Legal Salary in India
View more details

What SBI Cards & Payment Services employees are saying about work life

based on 4k employees
54%
54%
47%
98%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

SBI Cards & Payment Services Benefits

Job Training
Health Insurance
Soft Skill Training
Team Outings
Cafeteria
Work From Home +6 more
View more benefits

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