Assistant Legal Counsel

Job Overview

YES BANK is seeking to hire an Assistant Legal Counsel based in the Mumbai Metropolitan Region. This role requires providing comprehensive legal support primarily focused on banking and financial laws, including contract management, advisory services, litigation assistance, regulatory compliance, risk mitigation, and managing stakeholder relationships.

Key Responsibilities

• Drafting, reviewing, and negotiating various legal documents such as contracts, agreements, MOUs, and NDAs, ensuring compliance and risk avoidance.
• Offering daily legal advice to business units including operations, HR, risk, and compliance teams.
• Interpreting applicable banking laws, regulations, and RBI guidelines relevant to products and services.
• Helping manage litigation, arbitration, and regulatory cases by coordinating with external counsel and preparing case documentation.
• Monitoring legislative and regulatory changes to keep the management informed of impacts.
• Identifying legal risks in business initiatives and assisting in drafting policies and standardized legal templates.
• Engaging with regulators, law firms, and statutory authorities while fostering strong internal stakeholder relationships by delivering timely legal solutions.

Candidate Profile and Skills

• Solid grasp of banking and financial sector laws including the Banking Regulation Act, RBI guidelines, Companies Act, and Contract Act.
• Exceptional skills in drafting legal documents, negotiation, and analytical thinking.
• Capacity to manage simultaneous assignments within strict deadlines.
• Excellent communication and interpersonal skills to work collaboratively across teams.
• Strong problem-solving orientation focused on risk reduction.

Experience and Educational Qualifications

• Minimum qualification: LL.B. is mandatory; LL.M. is preferred.
• Professional background of 2 to 5 years in a bank, NBFC, law firm, or corporate legal department, ideally with experience in banking or financial services.