The Role
Lead contract drafting, review, negotiation, and lifecycle management for fintech and e-commerce business lines. Provide corporate legal advisory, assess regulatory compliance (e-commerce, FEMA, data protection, IT), mitigate contractual risks, collaborate with cross-functional teams, and support special projects and template improvements.
Summary Generated by Built In
About Us: Paytm is India's leading mobile payments and financial services distribution company. A pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them into the mainstream economy with the help of technology.
About the team: The legal team facilitates legal risk and compliances centrally and ensures business activities are conducted in conformity with all applicable laws, regulations, internal policies, and procedures. Serve as liaison for local regulators, and legal bodies as well as maintaining relationships with them. Ensure local regulatory permissions for Paytm remain current and appropriate for business needs.
About the role: The major responsibilities would include being a part of the legal Contracts team to ensure effective management of legal and contractual matters for One97, Paytm Money and Paytm Payment Services Limited. in addition to identification and mitigation of legal risks for the organization. The person will be a part of the legal team and assist senior legal colleagues in special and upcoming projects under the e-commerce and
fintech division of Paytm.
Responsibilities:
1. Drafting, reviewing, red-lining, negotiating, and finalizing documents like Banking Alliances, Corporate PSA’s, promotional agreements, Escrow agreements, Marketing agreements, Acquiring agreements, promotions, Banking referrals, Distribution contracts, EDC Contracts., Letters, Proposals, RFPs, etc. from a legal perspective, ensuring minimal/no risk to the organization.
2. Resolve any contractual issues developed while working with clients, partners, service providers, and vendors.
3. Collaborate with other cross functional teams (compliance, product, finance, business teams) for implementation of special projects across all business verticals in a time bound manner.
4. Ability to understand and analyze business requirements/needs, spot issues, and propose/implement solutions.
5. Adherence with internal frameworks, mandates, and processes.
6. End-to-end legal management of assigned business transactions. General Corporate advisory and assist the senior colleagues of the team to research and assess viability of new proposed business models under the applicable ecommerce, and FEMA.
7. Ability to analyze and assess business processes and proposed new products, identify issues and propose pragmatic solutions. Working closely with internal stakeholders (Business, Finance, Product etc.) and providing appropriate and timely legal support.
8. Identify risks in the ongoing legal agreements and evaluate and assist in changes of
agreement templates and other legal processes of all business verticals for compliance
of applicable IT, e-commerce and privacy laws.
Superpowers/ Skills that will help you succeed in this role:
1. Minimum 10+ years of experience in end-to-end contract management having experience in a law firm or in- house legal team or from Fintech/ Banking/ Lending companies are preferred.
2. Strong Legal acumen Good interpersonal skills to effectively communicate and coordinate complex issues with diverse levels of management and employees.
3. Attention to detail and ability to work independently and efficiently.
4. Ability to thrive in a fast-paced and dynamic growth-mode environment.
5. Proficient with MS Word/MS Office.
6. Experience with a law firm or as an in-house counsel is preferred.
8. The candidate should have good drafting skills and attention to detail. The person should be a self-starter and willing to hustle in a start-up environment.
9. Strong hold in assessing and advising on compliance of new business/product models with applicablee-commerce/FEMA/Data Protection/IT laws.
Education: Must be a law graduate, LL.B from top tier institute (National Law Schools, DU, ILS, Symbiosis) is preferred.
Why join us: Merit-based culture that thrives on self-motivated & driven individuals who are set out to make a successful career in India’s fastest-growing Fintech Organization. Agile & democratic setup that gives space to your creativity, and offers the opportunity to work at scale coupled with an environment that encourages diverse
perspectives at all times.
Compensation: If you are the right fit, we believe in creating wealth for you With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!
Skills Required
- Minimum 10+ years of experience in end-to-end contract management
- Law graduate (LL.B)
- Experience drafting, reviewing, negotiating banking alliances, escrow, acquiring, distribution, marketing, EDC, referral and promotional agreements, RFPs and related contracts
- Strong legal acumen and interpersonal skills to coordinate complex issues with diverse stakeholders
- Experience advising on e-commerce, FEMA, data protection and IT law compliance for new business/product models
- Proficient with MS Word / MS Office
- Attention to detail, strong drafting skills, ability to work independently and in a fast-paced environment
- Experience in a law firm or as in-house counsel, or background in Fintech/Banking/Lending
- LL.B from top-tier institute (National Law Schools, DU, ILS, Symbiosis)
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The Company
What We Do
Paytm started the Digital Revolution in India. And we went on to become India’s leading Payments App. Today, more than 20 Million merchants & businesses are powered by Paytm to Accept Payments digitally. This is because more than 300 million Indians use Paytm to Pay at their stores. And that’s not all, Paytm App is used to Pay bills, do Recharges, Send money to friends & family, Book movies & travel tickets. With innovations to Financial services & products in pipeline, this is but one of the milestones achieved towards our mission – to bring 500 million unserved and underserved Indians to the mainstream economy.
