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Job Description:
#A. Qualification:
To be eligible to apply for a position in the Law Department of Axis Bank, the candidate, at a minimum, is required to be qualified to be a lawyer i.e. the candidate must have a Law Degree (i.e. LL.B. or equivalent) recognized by the Bar Council of India, from a university/ college in India.
B. Location:
The location will be Mumbai.
C. Key Responsibilities:
1. Providing support and guidance to branches on the legal questions on matters relating to credit, retail, wholesale, default, foreclosure, collections, premises, outsourcing contracts, software contracts and other questions relating to banking, as may be referred by the branches and other departments.
2. Providing legal opinions under various laws, rules and regulations relating to the Bank's business matters, including banking laws, RBI Regulations, FEMA, companies law, business laws, criminal laws, civil laws etc.
3. Handling credit documentation related matters and advising the branches and other offices of the Bank in various documentation related issues and drafting the necessary documents, wherever standard ones are not available, in accordance with the business requirements.
4.Advising the relevant business/operations teams on matters relating to the Insolvency and Bankruptcy Code, 2016, structured finance, capital market transactions (equity and debt), M&A, private equity, IPR etc.
5.Drafting of non-standard documents on case-to-case basis and examination of standard documents for modifications being suggested by clients.
6. Managing serious and complex litigation and serving as a liaison to external counsel litigating the matter.
7. Serving as the primary legal support for branches, business units and other offices of the Bank and providing advice and guidance in regard to day to day matters such as account documentation, cheque processing and wrongful payment issues and other operational issues related to banking, as may be referred by the branches.�
About Company:
Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.