Deputy Legal Head for a Private Sector Bank - required for ING Vysya Bank in Mumbai

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The Code- “Deputy Legal Head”
Location –Mumbai
Present Salary/CTC (Fixed+ Variables)
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To- ” prash@onemarch.com” - attn “Deputy Legal Head””

Deputy Legal Head for a Private Sector Bank - required for ING Vysya Bank
in Mumbai Will be heading the Legal cell of Wholesale Banking and Financial Markets.
Reports to: Head Corporate Legal
Division/Dept:- Legal dept.,
Grade :- D 16 / D 17
JOB PURPOSE

The Deputy Head Legal is to support the Head Corporate Legal,
in providing Legal Advisory services to the various Business and Control
functions within the Bank, more specifically to Wholesale Banking and
Financial Markets.

Principle Accountabilites:

Will be primarily accountable for the following relating to
the Wholesale Banking & Financial Markets functions of the Bank:

· Devolve strategies from a legal perspective to facilitate
business within the legal framework specifically relating to Wholesale
Banking & Financial Markets, as well as any other business or control
function ( delegated to the incumbent by the Head Corporate Legal) after
due consultation and approval of Head Corporate Legal.
· Structuring transactions relating to corporate matters such as
investments, divestments, acquisitions etc, specifically to Wholesale
Banking and Financial Markets.
· Evaluate and monitor the progress on the cases filed against the
Bank.
· Evaluate the progress on high value recovery related litigation
with suggested recommendations to hasten the proceedings through
interaction with the counsels.
· Providing solutions to legal / regulatory issues arising out of
business activities with commercial bent of mind, within the available
legal / regulatory framework with quick turn around time (TAT)
· Introduction of appropriate policies and procedures for handling
legal issues arising in the Bank's activities.
· Review of loan documents and introduction of New documents for
the New
products.
· Ensure that the Bank is represented by competent, credible and
reputed attorneys.
· Facilitate structuring / finalizing transactions in compliance
with regulatory / statutory requirements through appropriate advisory /
clarificatory services.
· Minimising dependency on external legal counsel for legal
opinions, drafting and vetting of loan documents.
· Provide internally necessary legal advisory support as when
required.
· Necessary assistance from legal perspective including drafting
and suggesting of loan documents for launching new asset products or
modification of prevailing product.
· Review of actual expenses vis a vis budget allotment to keep
control on the expenses.

SKILLS AND KNOWLEDGE

Job knowledge of laws relating to Banks/financial institutions, Good
analytical ability/ sound judgement etc.,

EDUCATIONAL QUALIFICATIONS
Graduate / Post Graduate in Law.

CTC-10-25lacs (depending on exp)

RELEVANT EXPERIENCE
4 – 10 years experience in the legal field of which at least 1 year of
practice as an advocate, 4 years exposure of providing legal advice and
support in Wholesale Banking & Financial Markets areas.

Deputy Legal Head for a Private Sector Bank - required for ING Vysya Bank
in Mumbai