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.

1. Drafting, reviewing, negotiating and finalizing documents (NDA’s, Contracts, lending documentation, distribution contracts, loan agreements, collection service agreements, letters, etc) from a legal perspective and ensuring minimal/no risk to the organization.

2. Well-versed with Reserve Bank of India (RBI) guidelines w.r.t Digital Lending, Outsourcing Guidelines, KYC and other guidelines and circulars w.r.t digital lending.

3. Negotiating with external counterparts (third party banks and financial institutions) on the digital lending agreements.

4. Identifying the legal risks and research on applicable laws including RBI guidelines concerning the development of new products.

5. Helping to interpret changes to regulatory guidelines and updatation of contracts in line with change in RBI guidelines etc

6. Advising the business on day to day operational related queries etc

7. Liaising with various internal stakeholder’s (Business, Finance, Compliance, Infosec, DPO) to ensure timely closure of agreements and advise them on contractual mandates etc

8. End to End legal management of signed business unit

9. Liaising with internal/external audit teams to understand and close the queries on legal contracts

10. Managing the internal contract tool and trackers.

1. 8-10 years of experience in end to end contract management in a Fintech, bank or NBFC.

2. String legal acumen, and good interpersonal and negotiation skills.

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.

9. The person should be a self-starter and willing to hustle in a start-up environment.

10 . Experience in a law firm or working as Legal counsel is preferred.

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!