Senior Lead Legal

Posted 14 Days Ago
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Mumbai, Maharashtra, IND
In-Office
Expert/Leader
Fintech • Payments • Financial Services
The Role
Serve as an individual-contributor product counsel supporting product, technology, and business teams. Advise on payments regulations, fintech frameworks, data practices, compliance, and legal risk throughout the product lifecycle. Draft, structure, and negotiate complex, high-value technology transactions while aligning contracts with regulatory obligations, internal policies, and business goals. Provide pragmatic, actionable legal guidance, distinguish material risks, and collaborate cross-functionally to enable innovation and faster transaction closures.
Summary Generated by Built In
Role Overview : Act as the Product counsel, single-threaded legal owner for product and technology initiatives across the lifecycle—from ideation to launch and scale.
The purpose is to have a candidate that is pragmatic, execution-focused legal solutions, enabling innovation while ensuring strong regulatory and contractual risk management. Also to have a hands-on legal professional to operate as an individual contributor supporting product, technology, and business teams.The position requires challenging the status quo, accelerating transaction closures through effective negotiation, and partnering with stakeholders to solve complex business problems at NPCI and its subsidiary.


• Identify legal and regulatory risks in product design, user journeys, and deliver clear, build-able legal solutions.
• Integrate legal considerations early in the product lifecycle to prevent downstream risk.
• Provide independent advice on payments regulations and fin-tech frameworks, including evolving regulatory expectations.
• Embed compliance frameworks within product architecture, ensuring scalable and defensible data practices.
• Assess and mitigate risks arising from data monetization, sharing, and analytics models.
• Ensure strong alignment between legal risk management and overall business strategy.
• Develop stakeholder specific legal approaches by tailoring advice and recommendations based on the context, maturity, and risk appetite of different business, product, and technology teams.
• Collaborate cross functionally to resolve complex issues involving regulatory interpretation, operational constraints, and commercial objectives.
• Identify material vs non-material risks and display skill of smart negotiation
• Provide clear, actionable summaries (not verbose legal notes)
• Align contract terms with regulatory obligations, internal policies, and business goals
• Ensure strong alignment between legal risk management and overall business strategy.
• Develop stakeholder specific legal approaches by tailoring advice and recommendations based on the context, maturity, and risk appetite of different business, product, and technology teams.
• Collaborate cross functionally to resolve complex issues involving regulatory interpretation, operational constraints, and commercial objectives.
• Lead and manage negotiations on complex, high value, and technology driven transactions with a focus on achieving optimal risk outcomes while enabling faster closures.

Requirements
  • LL. B (five year course)
  • 8-12 years of PQE
  • Analytical & research skills, Legal risk identification, mitigation, and governance in fast‑paced environments, Sound judgment and decision‑making in complex, ambiguous matters, commercially sound contract drafting, structuring, and negotiation.


Skills Required

  • LL.B. through a five-year course
  • 8–12 years of post-qualification experience
  • Analytical and legal research skills
  • Legal risk identification, mitigation, and governance experience in fast-paced environments
  • Sound judgment and decision-making in complex, ambiguous matters
  • Commercial contract drafting, structuring, and negotiation skills
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The Company
HQ: Mumbai, Maharashtra
2,124 Employees
Year Founded: 2005

What We Do

NPCI is an umbrella organisation for all retail payment systems in India. It was set up with the support & guidance from Reserve Bank of India (RBI) & Indian Banks Association (IBA). A registered company under Section 8 of the Companies Act, 2013. Watch the NPCI Corporate AV - https://youtu.be/RGl9YQ6CB20 Products & Services Unified Payments Interface Unique payment solution which empowers a recipient to initiate the payment request from a smartphone. It facilitates 'virtual payment address'​ as a payment identifier for sending & collecting money & works on single click 2 factor authentication. Immediate Payment Service A 24X7, real time, cost effective, independent channel, retail payment service, introduced by NPCI, empowering customers to transfer money instantly with banks & RBI authorised PPIs across India. RuPay Robust card scheme designed to offer payment products with superior features & processes specifically designed to cater to diverse consumer needs. *99# USSD based mobile banking platform that makes banking services accessible to all the bank account holders on their mobile phones. National Automated Clearing House Centralised payment system developed with an aim to consolidate multiple ECS systems running across the country & provide a framework for the removal of local barriers/inhibitors. Aadhaar Enabled Payment System Bank led model which allows online financial inclusion transactions at micro-ATMs through the business correspondent of any bank using the Aadhaar authentication. e-KYC Electronic way of conducting authentic & real time KYC of a customer using Aadhaar authentication. Cheque Truncation System Electronic image of the cheque is transmitted to the drawee bank by the clearing house, along with relevant information. National Financial Switch Facilitates routing of ATM transactions through inter-connectivity between its member institutions thereby enabling the citizens of the country to utilise any ATM of a connected entity

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