About the role
SECTION I: ROLE INTRODUCTION
Job Title
Legal Counsel - Support, Control and Governance
Reporting To
Vertical Head- Support, Control and Governance OR Senior Legal Counsel - Support, Control and Governance
Job Code ID
Business Unit
Legal Risk Management
Grade/ Level
Sub Business Unit
Management Band
Location
Mumbai
Section II: JOB ROLE SCOPE
Number of Direct Reports
Financial Metrics (Budget, Revenue, etc.)
-
Total Team Size
SECTION III: PURPOSE OF THE ROLE
To provide effective legal support (advisory and documentation) to internal stakeholders and ensure compliance with applicable legal and regulatory framework. To partner closely with and provide effective legal support to Support, Control and Governance functions for the Wholesale banking segment of the Bank. To effectively manage the litigation portfolio and assist Vertical Head and Senior Team Members in execution of legal strategy and management of critical matters.
SECTION IV: KEY RESPONSIBILITIES & KPIS OF THE ROLE
Responsibilities
KPIs
Governance – Frameworks, Policies and Processes
ü Assist Vertical Head/ Senior Legal Counsel in
· Providing legal input for governance forums, committees and management discussions.
· Ensuring that audit issues and actionable highlighted for legal department by the Board, committees, governance forums and control units are closed within stipulate timelines.
· Providing guidance and support in responding to notices/summons received from law enforcement agencies.
· Establishing and maintaining legal policies, SoPs, approval matrices and escalation mechanisms.
· Identifying recurring legal risks, control gaps and recommend corrective actions.
· Developing, reviewing and enhancing legal policies, processes, SoPs and control mechanisms and ensure compliance to the same.
· Establishing and strengthening governance frameworks for legal risk oversight.
ü Standardization of legal processes and documentation practices.
ü Identifying, assessing and mitigating legal risks.
Litigation, Recovery and Dispute Management- Planning and Strategy
· Effective management of assigned litigation portfolio.
· Provide strategic legal inputs on stressed assets, recovery and resolution initiatives.
· Identify opportunities to strengthen legal support through preventive advisory and risk-based interventions.
· Timely resolution of critical matters.
· Improvement in litigation outcomes and recovery support.
· Coordinate with internal stakeholders and external counsels.
· Oversee external counsel strategy and effectiveness.
Engagement with Vertical Head & Senior Legal Counsel
· Effectively discharge work assigned by Vertical Head and Senior Team Members.
· Keep Vertical Head/Senior Legal Counsel informed on all ongoing matters.
· Any critical, policy and sensitive advisory or documentation review to be discussed with Vertical Head/Senior Legal Counsel.
· Provide structured and timely reporting to Vertical Head/Senior Legal Counsel on critical and sensitive matters.
· Timely and effective escalation to Vertical Head & Senior Legal Counsel- ensure critical legal, regulatory or reputational matters are escalated appropriately.
Stakeholder Support- Documentation & Advisory
· Provide effective legal support (advisory and documentation) to Resolution and Recoveries Team, Risk Management Team, Compliance team, Company Secretarial team Internal Audits, Vigilance Units, Operations Team, HCM Team and other stakeholders.
· Independently manage routine and day-to-day matters with minimum guidance.
People Management
· Foster a positive work environment focused on collaboration, trust, teamwork, constructive/timely feedback, ownership, accountability and high-quality delivery.
· Promote a culture of continuous learning.
· Facilitate effective coordination within the team and promote sharing of best practices and legal knowledge.
SECTION V: OPERATING NETWORK
Internal
Stakeholders of the mapped units.
External
Law firms and advocates/counsels.
SECTION VI: ROLE PROFILE REQUIREMENTS
Education
· LL.B. (mandatory)
Experience
· PQE of minimum 8 years. (Preferably in a Bank or NBFC or law firm)
Competencies
CORE COMPETENCIES
LEADERSHIP/ BEHAVIORAL COMPETENCIES
· Legal Knowledge & Application – Good understanding of relevant laws and ability to apply legal principles to assigned matters.
· Drafting & Review Skills – Ability to prepare, review and analyse legal documents with appropriate guidance.
· Research & Analytical Skills – Ability to conduct legal research, identify key issues and support preparation of legal advice.
· Matter Coordination & Execution – Ability to manage assigned activities, track deliverables and ensure timely completion.
· Teamwork & Collaboration – Works effectively with senior team members and contributes positively to team objectives.
· Learning Orientation – Demonstrates commitment towards building legal expertise through continuous learning and exposure.
· Attention to Detail & Quality Focus – Ensures accuracy, completeness and quality in legal deliverables.
· Responsibility & Professionalism – Demonstrates ownership, reliability and professional conduct in handling assignments.