Job Description
- Providing sound legal advice to business groups on various legal matters pertaining to the respective banking groups in conjunction with the Head - Wholesale Banking Legal
- In depth understanding of banking products such as term loans, working capital loans, consortium and multiple banking, security documents and related issues, updated knowledge on stamp duty, project finance, transaction banking services such as Cash managemnet services, bank guarantees, SBLC, escrow etc
- Providing regular update to legal / business team with respect to the changing regulatory policy framework and business requirements aligned to the strategy and advising implementation of the strategy in line with the bank's vision, and corporate objectives
- Providing effective advise and support to business group consisting of corporate clinets, conglomerate, debt syndication, tranaction banking, trade finance, documentation team, foreign instituational clients, operational team etc in facilitating closure of transactions
- maintain costs of functioning as a group within the approved budget
- Review and provide legal advice on development of key strategic contractual documents and decisions and support managers with the resolution of all contractual issues/disputes in order to safeguard the bank's best interests
- Ensure good quality of legal facilitation is exercised on the client groups and to ensure right advice is given to business on transactional issues
- Help ensure regular monitoring of the statutory obligations requirements of the company
- Support customer / legal escalations and regulatory issues pertaining to the respective Banking Group
- Develop and update the legal manuals and procedures related to respective Banking group from time to time
- In depth understanding of banking products such as term loans, working capital loans, consortium and multiple banking, security documents and related issues, updated knowledge on stamp duty, project finance, transaction banking services such as Cash managemnet services, bank guarantees, SBLC, escrow etc
- Providing regular update to legal / business team with respect to the changing regulatory policy framework and business requirements aligned to the strategy and advising implementation of the strategy in line with the bank's vision, and corporate objectives
- Providing effective advise and support to business group consisting of corporate clinets, conglomerate, debt syndication, tranaction banking, trade finance, documentation team, foreign instituational clients, operational team etc in facilitating closure of transactions
- maintain costs of functioning as a group within the approved budget
- Review and provide legal advice on development of key strategic contractual documents and decisions and support managers with the resolution of all contractual issues/disputes in order to safeguard the bank's best interests
- Ensure good quality of legal facilitation is exercised on the client groups and to ensure right advice is given to business on transactional issues
- Help ensure regular monitoring of the statutory obligations requirements of the company
- Support customer / legal escalations and regulatory issues pertaining to the respective Banking Group
- Develop and update the legal manuals and procedures related to respective Banking group from time to time
💡 Quick Summary
Seeking a career-building opportunity? The Chief Manager|Wholesale Banking Legal position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
