Manager, Licensing and Regulatory, International Payments

2 Months ago • 8 Years + • Legal

Job Summary

Job Description

The Manager, Licensing and Regulatory, International Payments role involves drafting, negotiating, and closing contracts with external clients, providing legal advice, and ensuring compliance with regulations. Responsibilities include reviewing policies, contracts, and agreements, identifying and analyzing new legislations, and advising stakeholders on legal risks. The role also involves maintaining a database of applicable laws and proactively informing management about regulatory changes and their implications on the business. The ideal candidate should have a strong understanding of financial services, FinTech, and payments, and a minimum of 8 years of relevant experience.
Must have:
  • Drafting, vetting, and negotiating agreements.
  • Providing legal advice, structuring, and risk management.
  • Identifying and interpreting existing and new legislations.
  • Reviewing and vetting official communications and documentations.
Good to have:
  • Master’s degree in law from a foreign jurisdiction.

Job Details

About PhonePe Group: 

PhonePe is India’s leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants covering over 99% of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India's first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

Culture

At PhonePe, we take extra care to make sure you give your best at work, Everyday! And creating the right  environment for you is just one of the things we do. We empower people and trust them to do the right  thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a  big part of being at PhonePe. If you like building technology that impacts millions, ideating with some of  the best minds in the country and executing on your dreams with purpose and speed, join us!

Job Description

Industry:  Payment Aggregator / Financial Services / International Payments Business

Functional Area: Financial Services, Payments

Role:  Manager

Reporting to: Senior Manager Legal

Key Skills: Drafting, Vetting, and Negotiating Agreements, providing Legal Advice, Structuring, Risk Identification, Risk Management

Experience: Minimum 8+ years’ experience, including experience in Financial Services/ FinTech/ Payments.

Education: University Degree in law with relevant subject matter expertise related to finance, corporate law etc. A master’s degree in law from foreign jurisdiction UK/ Singapore will be an additional advantage.

Location: Bangalore 

PRIMARY RESPONSIBILITIES:

Business

  • Drafting, negotiating and closure of contracts with the external clients, and help the business in execution of the same.
  • Ensure provision of legal advice in framing/ review of policies, and on all documents, contracts and agreements relating to the payments/ financial services business to protect the organization against any legal exposure and to minimize liability.
  • Scan the regulatory environment, identify, interpret and analyze existing and new legislations/ amendments and notifications that may impact business; bring to the notice of the appropriate internal functions about their implications and applicability as required. 
  • Advise and assist all stakeholders including Compliance and Business on both, ongoing legal risks and anticipated/ new legal risks arising by virtue of new laws or regulations. 

Internal process

  • Adhere to timelines in reviewing and vetting all official communications and documentations including all agreements.
  • Follow up with internal stakeholders, including business leads, for time bound closure of agreements; provide advice in course corrections; escalate when required.
  • Monitor the timelines for submission of applications pertaining to licences (new and renewals) to regulatory authorities and ensure timely escalation where required.

Learning 

  • Maintain a database on applicable laws comprising FAQs, dos and don’ts as a ready reference.
  • Keep a track on the latest laws and notifications (including all notifications issued by the RBI), and proactively advise the management and business about such laws/ amendments and its implication on business, and accordingly suggest changes in process/ procedure.

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

  • Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
  • Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System
  • Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
  • Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy
  • Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment 
  • Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy

Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.

Life at PhonePe

PhonePe in the news

Similar Jobs

PwC - Consultant Senior Risques de marché et Instruments financiers | CDI | H/F

PwC

Neuilly-sur-Seine, Île-de-France, France (On-Site)
8 Months ago
PwC - D&A - GDC

PwC

Kolkata, West Bengal, India (On-Site)
9 Months ago
gitlab - Executive Business Administrator, Legal

gitlab

(Remote)
2 Months ago
Scopely - Senior Director, Senior Counsel - Employment (EMEA)

Scopely

London, England, United Kingdom (On-Site)
2 Months ago
Devoted Studios - Delivery Manager (Project Manager)

Devoted Studios

(Remote)
2 Months ago
Match Group - Corporate Paralegal

Match Group

Dallas, Texas, United States (Hybrid)
1 Month ago
Blazesoft - Gaming Paralegal

Blazesoft

Vaughan, Ontario, Canada (On-Site)
1 Month ago
CAE - Legal Contract Manager

CAE

Montreal, Quebec, Canada (On-Site)
1 Month ago
VGW - Senior Legal Counsel

VGW

Sydney, New South Wales, Australia (On-Site)
3 Weeks ago
Evolution  - Regulatory Compliance & Project Specialist

Evolution

St. Julian's, Malta (On-Site)
8 Months ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Illumina - Sr HRIS Analyst (Workday)

Illumina

Bengaluru, Karnataka, India (On-Site)
2 Months ago
Game Mode One - Assistant Manager - IT Internal Audit

Game Mode One

Bengaluru, Karnataka, India (On-Site)
4 Months ago
Capgemini - Application Consultant - B

Capgemini

Bengaluru, Karnataka, India (On-Site)
2 Months ago
endava - Solution Architect

endava

Iași, Iași County, Romania (On-Site)
1 Month ago
Canva - Revenue Operations Lead

Canva

Seattle, Washington, United States (Remote)
4 Months ago
Trellix - Compliance Specialist

Trellix

United States (Remote)
1 Month ago
Ion - Project Manager

Ion

Pisa, Tuscany, Italy (On-Site)
9 Months ago
Eccentric - Senior Finance Manager

Eccentric

Mumbai, Maharashtra, India (On-Site)
2 Months ago
PwC - Treasury Consulting – SAP Treasury

PwC

Geneva, Geneva, Switzerland (On-Site)
9 Months ago
Instawork - Claims Manager

Instawork

San Francisco, California, United States (Hybrid)
1 Month ago

Get notifed when new similar jobs are uploaded

Jobs in Bengaluru, Karnataka, India

Capgemini - Golang Dev

Capgemini

Bengaluru, Karnataka, India (On-Site)
1 Month ago
WRI - Help Desk Support Analyst I

WRI

Mumbai, Maharashtra, India (On-Site)
1 Month ago
Safe security - Software Development Engineer II

Safe security

New Delhi, Delhi, India (On-Site)
9 Months ago
Capgemini - Business Analyst_Retail (CPR) Consulting

Capgemini

Pune, Maharashtra, India (On-Site)
1 Month ago
Capgemini - Salesforce Vlocity Developer

Capgemini

India (On-Site)
1 Month ago
Edifeces - Sign up for Job Alerts

Edifeces

India (Remote)
3 Weeks ago
Qualcomm - WLAN Phy RTL Design- Sr lead/Staff/Sr Staff/Principal Engineer

Qualcomm

Bengaluru, Karnataka, India (On-Site)
1 Month ago
Capgemini - Test Engineer

Capgemini

Gurugram, Haryana, India (On-Site)
1 Month ago
Zuora - Sr Software Engineer

Zuora

Bengaluru, Karnataka, India (On-Site)
1 Month ago
Accenture - Application Developer

Accenture

Gurugram, India (On-Site)
1 Month ago

Get notifed when new similar jobs are uploaded

Legal Jobs

Evolution  - Regulatory Compliance Specialist

Evolution

St. Julian's, Malta (On-Site)
8 Months ago
Qube Cinema - Legal - Assistant Manager/Manager

Qube Cinema

Chennai, Tamil Nadu, India (On-Site)
1 Month ago
PhonePe - Assistant Manager/ Manager Legal -Licencing & Regulatory (Lending)

PhonePe

Bengaluru, Karnataka, India (On-Site)
1 Month ago
bytedance - Legal Counsel, Content Moderation

bytedance

Singapore (On-Site)
3 Months ago
Tide - Senior Legal Operations Associate

Tide

Sofia, Sofia City Province, Bulgaria (Hybrid)
2 Months ago
PwC - Legal Manager

PwC

Bangkok, Bangkok, Thailand (On-Site)
9 Months ago
Epic Games - Managing Counsel (Regulatory)

Epic Games

(On-Site)
5 Months ago
Ubisoft - Legal Counsel Assistant Internship

Ubisoft

Paris, Île-de-France, France (On-Site)
3 Months ago
Epic Games - Litigation Paralegal

Epic Games

Cary, North Carolina, United States (On-Site)
6 Months ago
dun bradstreet - Legal Counsel

dun bradstreet

Prague, Czechia (Hybrid)
3 Months ago

Get notifed when new similar jobs are uploaded

About The Company

PhonePe was founded in December 2015 and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 48 crore (480 Million) registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 3.6 crore (36 Million) offline merchants spread across Tier 2,3,4 and beyond, covering 99% of the postal codes across India. PhonePe is also the leader in Bharat Bill Pay System (BBPS), processing over 45% of the transactions on the BBPS platform. PhonePe forayed into financial services in 2017, providing users with safe and convenient investing options on its platform. Since then, the company has introduced several Mutual Funds and Insurance products that offer every Indian an equal opportunity to unlock the flow of money and access to services. PhonePe was recently recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report 2023 by Trust Research Advisory (TRA).



Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

View All Jobs

Get notified when new jobs are added by PhonePe

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug