Legal Job opening : Corporate Legal Manager at Protium

About Company

Protium’s role is to be the pre-eminent engineering led, risk focused lender in the country. Protium is a full stack lender with pan India branch presence. We operate under – Protium Finance, Protium Money & Protium Sakshara which lend to MSME, consumers and educational institutions. Protium uses proprietary models to assess revenues and growth to equip their customers with solutions. We serve our customers through diverse channels including digital interfaces, platform-based partnerships, dedicated sales teams and DSAs. Protium boasts of scalable, secure state management systems that deliver best in class lending APIs, workflow and underwriting capabilities. Their lending capabilities include providing both secured and unsecured lending solutions from INR 1 Lakh to 5 Crore to thriving small businesses in tier 1, 2 and 3 cities, financing durables of all price ranges and personal loans to the consumer segment.

Role

To contribute towards developing best in contract management function which, while servicing the internal business and control stakeholders in contracts, legal documents, terms and conditions etc, is also able to insulate the business from all risks.

  • Key responsibilities for the role:

Exposure to a variety of contracts – Complex IT /software development, licensing, Structured deals, supplier, B2B and Fintech arrangements.

Overall good legal knowledge (corporate law, employment laws, business laws, data privacy practises, info sec standards, etc). Exposure on regulatory compliance is a good to have but not mandatory.

  • Drafting and Negotiating on Contracts, Reviewing the process of contracts and other legal documents including various agreement, Digital Payments Service Agreement, IT Contracts, Digital Solution Providers (e-stamping/e-signing/Video KYC/e-KYC) and other service level contracts.

ii. Lead contractual negotiations and closure independently.

iii. Standardisation of templates while prescribing negotiable and non-negotiable clauses basis risk categorisation and type of contracts.

iv. Develop commercial understanding of the business and each product line for risk assessment including what is mandatorily required under various regulations for financial services products.

ii. Provide expert & strategic legal advice on various aspects of business to management on optimising the contracting process, stamping, e-sign, repository access etc.

iii. Evaluate and weigh multiple inputs and impacts of any decision or course of action as the business has PAN India operations and offices, ability to anticipate issues and estimate risks, identify proactive solutions that will eliminate or mitigate risks.

iii. Advising on structured deals and B2B arrangements and Financial Institution Lending Contracts

  • Process:
  • Communications with relevant counter parties / external counsels for contract finalisation.

ii. Systematise the complete contracting process, TAT expectations.

iii.Keep abreast of legislative change & maintain current knowledge of alterations in legislation to continue to improve contract versions.

  • Qualification :
  • LLB/LLM.

ii. More than 7 years post-qualification experience

iii. Have strong drafting and communication skills

  • Expectations other than qualification & technical experience:
  • Committed and ready to work under pressure

ii. High degree of professional ethics and integrity, excellent judgement, analytical skills and good interpersonal skills.

iii. Good Negotiation skill and general commercial acumen.

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