PhonePe, the leader in UPI based payments in India is looking to hire a Manager /Sr. Legal Manager: Contract for their Bangalore Office.
To develop best in class 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.
Implement technology enabled tools and experience-based initiatives to make the contracting process efficient and effective.
Standardization of templates to the extent possible while prescribing standard clauses, negotiable and non-negotiable one’s basis risk categorization and type of contracts.
Drafting improvement in terms of migrating existing contracting stds to best in class.
Set up an efficient drafting and review process of contracts and other legal documents for various business lines including payments, technology, product specific like insurance, mf, coupons etc.
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 like insurance and MF.
Provide expert & strategic legal advice on various aspects of business to management on optimizing the contracting process, stamping, e-sign, repository access etc.
Evaluate and weigh multiple inputs and impacts of any decision or course of action as the business is large, has PAN India operations and offices, ability to anticipate issues and estimate risks, identify proactive solutions that will eliminate or mitigate risks.
Communications with relevant counter parties – external counsel for contract finalization.
Systematize the complete contracting process, TAT expectations, repository and retrieval process
Establish an auditable and robust process for renewals and monitoring of key requirements of contracts
Deployment of technology-based solutions and tools to make the end to end contracting process efficient, effective and best in class as to quality of drafting and risk mitigation
Keep abreast of legislative change & maintain current knowledge of alterations in legislation to continue to improve contract versions. vi. Ability to delegate work by category, key accounts or specialisation towards achieving optimisation and right use of resources.
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About the Company:
PhonePe is the leader in UPI based payments in India. Our goal is to make digital payments so easy, safe and universally accepted that people never feel the need to carry cash or cards again. We believe India is at the cusp of a new mobile revolution, which will change the way we manage our money on the go. We see ourselves facilitating this change, through technology and dogged customer centricity. PhonePe started in 2015, and crossed 1 bn transactions on its platform in Nov 2018.