Legal Contracts - Assistant Manager
Job Summary
Job Description
As an Assistant Manager in the Legal Contracts team at Paytm, you'll play a crucial role in managing legal and contractual matters, mitigating risks, and ensuring compliance. Responsibilities include drafting, reviewing, and negotiating contracts, resolving contractual issues, collaborating with cross-functional teams on projects, analyzing business needs and proposing solutions, adhering to internal frameworks, and providing general corporate advisory. You'll also contribute to assessing the viability of new business models under e-commerce and FEMA regulations, identifying risks in existing agreements, and improving legal processes. This role requires strong legal acumen, excellent communication skills, attention to detail, and the ability to thrive in a fast-paced environment.
Must have:
- End-to-end contract management
- Drafting, reviewing, negotiating contracts
- Compliance with e-commerce/FEMA/Data Protection/IT laws
- Strong legal acumen
- Excellent communication & collaboration skills
Good to have:
- Experience with Payments/Banks/Trading Company
- Experience in a law firm or in-house counsel
Perks:
- Merit-based culture
- Agile & democratic setup
- Opportunity to work at scale
- Competitive compensation
Job Details
About Us: Paytm is India's leading mobile payments and financial services distribution company. 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 to 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 a 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, 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 (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 provide an 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, ecommerce and privacy laws.
Superpowers/ Skills that will help you succeed in this role:
1. 4-5 years of experience in end-to-end contract management in assessing and advising on compliance of new business/product models with applicable ecommerce/FEMA/Data Protection/IT laws.
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.
7. A candidate having experience working with a Payments/ Banks/ Trading Company is highly 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. Experience in a law firm or in-house legal team (preferably from a law firm).
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!
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