The Legal Counsel cum Data Privacy Officer will primarily focus on contract management and negotiation with our commercial partners. The successful candidate will play a crucial role in ensuring the bank's contractual agreements with commercial entities are properly structured, legally compliant, and aligned with the bank's objectives
- Contract Management: Draft, review, and negotiate contracts with commercial partners, including but not limited to vendor agreements, service level agreements, licensing agreements, non-disclosure agreements, and other related contracts.
- Negotiation: Collaborate with commercial partners to negotiate contract terms, conditions, and pricing to achieve mutually beneficial outcomes while safeguarding the bank's interests.
- Legal Compliance: Ensure that all contracts adhere to legal and regulatory requirements, as well as the bank's policies and guidelines.
- Risk Assessment: Identify and assess potential legal risks associated with proposed contract terms and conditions, and provide recommendations to mitigate those risks.
- Contract Administration: Maintain a comprehensive and organized contract database, monitor contract expirations and renewals, and facilitate timely contract amendments and terminations when necessary.
- Legal Advice: Provide legal guidance and support to internal stakeholders on contractual matters, including interpretation of contract provisions and resolution of contractual disputes.
- Data Privacy: Serves as the Data Privacy Officer, ensuring full compliance with data protection laws and safeguarding the organization's data privacy practices.
- Collaboration: Work closely with cross-functional teams, including legal colleagues, business units, finance, procurement, and risk management, to ensure effective contract management processes and alignment with business objectives.
- Stay Updated: Keep abreast of relevant legal and regulatory developments related to contracts and commercial partnerships in the banking industry and adapt best practices accordingly.
