Position: Lead – Legal (Wholesale Banking)
Location: Mumbai, Maharashtra, India
Department: Legal
Category: Accounts, Finance, Audit, Secretarial, Compliance & Legal
Experience: 10–18 Years
Job ID: P-190933
Education: LLB/LLM; MBA/PGDM preferred
About the Role
IDFC FIRST Bank is seeking an experienced Lead – Legal (Wholesale Banking) professional to join its Legal team in Mumbai. This strategic role involves offering expert legal guidance on complex business matters, including regulatory compliance, strategic investments, acquisitions, licensing, and franchise operations. You will collaborate with senior stakeholders across the bank to ensure legal risks are proactively managed and business goals are achieved responsibly.
Key Responsibilities
- Offer sound legal advice to business units on a range of matters related to wholesale banking.
- Work closely with the Head of Legal to align legal strategy with the bank’s corporate vision and objectives.
- Stay ahead of regulatory and legal changes, ensuring business processes remain compliant.
- Support complex transactions by facilitating legal closure and resolving contractual disputes.
- Guide the legal team in interpreting and implementing legal policies and frameworks.
- Assist in budget adherence and cost efficiency within the legal function.
- Ensure robust contract review processes and legal oversight on key decisions.
- Monitor and enforce statutory compliance requirements.
- Manage customer or regulatory legal escalations for the wholesale banking group.
- Promote legal process automation (e.g., for notices, arbitration, executions).
- Maintain detailed MIS reports and documentation of legal interventions.
- Update legal manuals and procedures as per evolving business and legal landscapes.
- Drive the use of market intelligence and data analytics for better legal strategies.
- Recommend process improvements to enhance operational efficiency and service delivery.
- Stay informed about global legal trends and competitor practices.
- Foster a culture of proactive legal governance and internal compliance.
- Support team development through performance tracking, talent management, and training.
- Champion IDFC FIRST Bank’s customer-first culture by ensuring high service standards across legal operations.
Qualifications
Educational Requirements:
- Bachelor’s degree in Law (LLB) is mandatory; LLM preferred.
- Additional degrees such as BBA, B.Com, B.Sc., B.Tech, BCA, or MBA/PGDM are an advantage.
Experience:
- 10 to 18 years of relevant legal experience, preferably in wholesale banking or financial services
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