Job Description
To provide legal support to Global Transaction Services Department (“GTS”), Custody Business and DBS IFSC Banking Unit (“IBU”) in India.
Key Accountabilities
· Business Enabler - Provide pragmatic and effective legal advice to manage legal risk and achieve business objectives. Be a business partner to each business team/support team and establish close working relationship with them. Manage and build relationships with external legal advisers, including ensuring high performance levels and appropriate billing.
· Drafting and Negotiation – Ability to innovate and standardize documents to make them customer friendly. Draft, review, vet and negotiate the documentation with respect to GTS transactions, Custody Business and IBU.
· Anticipate and manage legal risk - Identify, evaluate, advise and manage the legal risk in transactions related to GTS, Custody and IBU.
· Customer Focus - Participate in the development of transparent and legally sound process and policies. Conduct risk reviews and develop procedures designed to reduce the legal risk.
· Think Strategically – Keep the team and units updated on changes in law.
Job Duties & responsibilities
· Advise, draft, review and negotiate the legal documentation with respect to GTS transactions which includes Account Receivable Purchase, Supplier Payment Services, LC, BG, Bill Discounting, Supplier Finance, Dealer Finance, BCIA, etc.
• Advise, draft, review and negotiate the documentation with respect to Cash Management arrangements and Escrow arrangements etc.
• Advise, draft, review, negotiate and finalize custody related agreements, POA, terms and conditions, etc in relation to DBS’s Custody related work in India.
• Advise, draft, review, negotiate and finalize the legal documentation with respect to IBU.
• Provide day-to-day legal support in the form of advisory to GTS, Custody, IBU and support units of the Bank.
• Work with compliance team to ensure effective interpretation and recommendations on SEBI and RBI regulations and policies affecting GTS, Custody and IBU.
• Annual review of the standard documentation and simplifying and standardizing the documents and setting up of processes for streamlining the day to day queries of business and support units.
• Adhere to the legal risk management policies of the Bank at all times and any prescribed legal standards.
• Identify and highlight legal risks appropriately while providing mitigating solutions.
• Liaise with consultants/law firms and advocates.
Key Accountabilities
· Business Enabler - Provide pragmatic and effective legal advice to manage legal risk and achieve business objectives. Be a business partner to each business team/support team and establish close working relationship with them. Manage and build relationships with external legal advisers, including ensuring high performance levels and appropriate billing.
· Drafting and Negotiation – Ability to innovate and standardize documents to make them customer friendly. Draft, review, vet and negotiate the documentation with respect to GTS transactions, Custody Business and IBU.
· Anticipate and manage legal risk - Identify, evaluate, advise and manage the legal risk in transactions related to GTS, Custody and IBU.
· Customer Focus - Participate in the development of transparent and legally sound process and policies. Conduct risk reviews and develop procedures designed to reduce the legal risk.
· Think Strategically – Keep the team and units updated on changes in law.
Job Duties & responsibilities
· Advise, draft, review and negotiate the legal documentation with respect to GTS transactions which includes Account Receivable Purchase, Supplier Payment Services, LC, BG, Bill Discounting, Supplier Finance, Dealer Finance, BCIA, etc.
• Advise, draft, review and negotiate the documentation with respect to Cash Management arrangements and Escrow arrangements etc.
• Advise, draft, review, negotiate and finalize custody related agreements, POA, terms and conditions, etc in relation to DBS’s Custody related work in India.
• Advise, draft, review, negotiate and finalize the legal documentation with respect to IBU.
• Provide day-to-day legal support in the form of advisory to GTS, Custody, IBU and support units of the Bank.
• Work with compliance team to ensure effective interpretation and recommendations on SEBI and RBI regulations and policies affecting GTS, Custody and IBU.
• Annual review of the standard documentation and simplifying and standardizing the documents and setting up of processes for streamlining the day to day queries of business and support units.
• Adhere to the legal risk management policies of the Bank at all times and any prescribed legal standards.
• Identify and highlight legal risks appropriately while providing mitigating solutions.
• Liaise with consultants/law firms and advocates.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Associate | Legal Specialist 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.