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Job Description
Industry: Payment Aggregator / Financial Services / Payments business
Functional Area: Financial Services, Payments
Role: Senior Manager
Reporting to: Director Legal
Key Skills: Drafting, Vetting, and Negotiating Agreements, providing Legal Advice, Structuring, Risk
Identification, Risk Management
Experience: Minimum 10+ years experience, including experience in Financial Services/ FinTech/
Payments.
Education: University Degree in law with relevant subject matter expertise related to finance,
corporate law etc. A Masters Degree in Law is not mandatory, but will be an additional advantage.
Location: Bangalore
PRIMARY RESPONSIBILITIES:
Business
. Drafting, negotiating and closure of contracts with the external clients, and help the business in
execution of the same.
. Ensure provision of legal advice in framing/ review of policies, and on all documents, contracts and
agreements relating to the payments/ financial services business to protect the organization against
any legal exposure and to minimize liability.
. Scan the regulatory environment, identify, interpret and analyze existing and new legislations/
amendments and notifications that may impact business bring to the notice of the appropriate internal
functions about their implications and applicability as required.
. Advise and assist all stakeholders including Compliance and Business on both, ongoing legal risks
and anticipated/ new legal risks arising by virtue of new laws or regulations.
Internal process
. Adhere to timelines in reviewing and vetting all official communications and documentations
including all agreements.
. Follow up with internal stakeholders, including business leads, for time bound closure of
agreements provide advice in course corrections escalate when required.
. Monitor the timelines for submission of applications pertaining to licences (new and renewals) to
regulatory authorities and ensure timely escalation where required.
Learning
. Maintain a database on applicable laws comprising FAQs, dos and don'ts as a ready reference.
. Keep a track on the latest laws and notifications (including all notifications issued by the RBI), and
proactively advise the management and business about such laws/ amendments and its implication on
business, and accordingly suggest changes in process/ procedure.
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Date Posted: 24/10/2024
Job ID: 97699517
PhonePe is an Indian digital payments and financial technology company headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016. It is owned by Flipkart, a subsidiary of Walmart.The PhonePe app is available in 11 Indian languages. Using PhonePe, users can send and receive money, recharge mobile, DTH, data cards, make utility payments, pay at shops, invest in tax saving funds, liquid funds, buy insurance, mutual funds, gold and silver.