Assistant Legal Counsel

YES BANK; Kolkata District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A prominent banking institution in Kolkata is seeking a Legal Counsel to provide legal support by managing contracts, ensuring regulatory compliance, and advising on legal matters. The ideal candidate should have a LL.B. and 2-5 years of relevant experience in banking or corporate legal environments. Strong drafting and analytical skills are essential for this full-time mid-senior level position.

Qualifications

• LL.B. (mandatory), LL.M. preferred.
• 2–5 years of experience in a bank, law firm, or corporate legal department.

Responsibilities

• Draft, review, and negotiate legal documents.
• Provide legal advice to business units.
• Assist in managing litigation and regulatory proceedings.
• Ensure compliance with banking regulations.
• Monitor changes in laws and advise management.

Skills

Legal compliance

Contract negotiation

Regulatory compliance

Analytical skills

Interpersonal skills

Problem-solving mindset

Education

LL.B.

LL.M.

Job description

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ROLE SUMMARY

To provide legal support to the bank’s businesses and functions by drafting, reviewing, and negotiating contracts, advising on regulatory compliance, handling litigation, and ensuring that the bank’s operations are conducted within the applicable legal and regulatory framework.

Key Responsibilities

• Contract Management & Documentation: Draft, review, and negotiate contracts, agreements, MOUs, NDAs, and other legal documents.
• Support business teams in structuring transactions to ensure contracts are legally compliant and risk mitigated.
• Provide day-to-day legal advice to business units, operations, HR, risk, and compliance teams.
• Interpret laws, regulations, and RBI guidelines applicable to banking products and services.
• Assist in managing litigation, arbitration, and regulatory proceedings involving the bank.
• Coordinate with external counsel, prepare case briefs, and support in strategizing legal defense.
• Ensure compliance with banking laws, RBI directions, and other regulatory requirements.
• Monitor changes in laws and regulations and advise management on implications.
• Identify potential legal risks in business proposals and suggest mitigating measures.
• Assist in drafting and implementing legal policies, processes, and standard templates.
• Liaise with regulators, law firms, and statutory authorities as required.
• Build strong partnerships with internal stakeholders by providing timely and business-oriented legal solutions.
• Strong knowledge of banking and financial laws (Banking Regulation Act, RBI regulations, Companies Act, Contract Act, etc.).
• Excellent drafting, negotiation, and analytical skills.
• Ability to handle multiple assignments under tight deadlines.
• Strong interpersonal and communication skills.
• Problem-solving mindset with focus on risk mitigation.

Minimum Qualifications

• LL.B. (mandatory), LL.M. preferred.

Years of Experience

• 2–5 years of experience in a bank, NBFC, law firm, or corporate legal department (preferably with exposure to banking/financial services).

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Legal

Industries

Banking

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