Paytm Labs

Digital payments, loans, investments, and insurance

Legal Contracts

Legal Counsel & Legal SupportConfirmed live in the last 24 hours

Full-timeNoida, Uttar Pradesh, IndiaNo salary listedIn-person

About the Job

Requirements

A minimum of 10 years of end-to-end contract management experience is required; experience in a law firm, an in-house legal team, or a fintech, banking, or lending company is preferred.
Strong legal acumen and the ability to communicate and coordinate complex issues with diverse levels of management and employees are required.
Attention to detail and the ability to work independently and efficiently are required.
Proficiency with Microsoft Word and Microsoft Office is required.
Strong drafting skills and attention to detail are required.
A strong grasp of assessing and advising on compliance of new business or product models with applicable e-commerce, FEMA, data protection, and IT laws is required.
A law graduate with an LL.B is required.

Responsibilities

Draft, review, red-line, negotiate, and finalize banking alliances, corporate PSA agreements, promotional agreements, escrow agreements, marketing agreements, acquiring agreements, promotions, banking referrals, distribution contracts, EDC contracts, letters, proposals, and requests for proposals from a legal perspective, ensuring minimal or no risk to the organization.
Resolve contractual issues that arise while working with clients, partners, service providers, and vendors.
Collaborate with compliance, product, finance, and business teams to implement special projects across business verticals within defined timelines.
Understand and analyze business requirements, identify issues, and propose and implement solutions.
Adhere to internal frameworks, mandates, and processes.
Manage assigned business transactions end to end, provide general corporate advisory, and assist senior colleagues with researching and assessing the viability of proposed business models under applicable e-commerce and FEMA laws.
Analyze business processes and proposed products, identify issues, and propose pragmatic solutions; work with business, finance, product, and other internal stakeholders to provide timely legal support.
Identify risks in ongoing legal agreements and evaluate and assist with changes to agreement templates and legal processes across business verticals to ensure compliance with applicable IT, e-commerce, and privacy laws.

Desired Qualifications

Experience in a law firm or as in-house counsel is preferred.
An LL.B from a top-tier institute, including National Law Schools, DU, ILS, or Symbiosis, is preferred.
The ability to thrive in a fast-paced, dynamic growth environment and willingness to work in a startup environment are desired.

About Us: Paytm is India's leading mobile payments and financial services distribution company. A 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 into 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 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 for One97, Paytm Money and Paytm Payment Services Limited. 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.

Responsibilities:

1. Drafting, reviewing, red-lining, negotiating, and finalizing documents like Banking Alliances, Corporate PSA’s, promotional agreements, Escrow agreements, Marketing agreements, Acquiring agreements, promotions, Banking referrals, Distribution contracts, EDC Contracts., Letters, Proposals, RFPs, etc. from a legal perspective, ensuring minimal/no risk to the organization.

2. Resolve any contractual issues developed while working with clients, partners, service providers, and vendors.

3. Collaborate with other cross functional teams (compliance, product, finance, business teams) for implementation of special projects across all business verticals in a time bound manner.

4. Ability to understand and analyze business requirements/needs, spot issues, and propose/implement solutions.

5. Adherence with internal frameworks, mandates, and processes.

6. End-to-end legal management of assigned business transactions. General Corporate advisory and assist the senior colleagues of the team to research and assess viability of new proposed business models under the applicable ecommerce, and FEMA.

7. Ability to analyze and assess business processes and proposed new products, identify issues and propose pragmatic solutions. Working closely with internal stakeholders (Business, Finance, Product etc.) and providing appropriate and timely legal support.

8. Identify risks in the ongoing legal agreements and evaluate and assist in changes of

agreement templates and other legal processes of all business verticals for compliance

of applicable IT, e-commerce and privacy laws.

Superpowers/ Skills that will help you succeed in this role:

1. Minimum 10+ years of experience in end-to-end contract management having experience in a law firm or in- house legal team or from Fintech/ Banking/ Lending companies are preferred.

2. Strong Legal acumen Good interpersonal skills to effectively communicate and coordinate complex issues with diverse levels of management and employees.

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.

8. The candidate should have good drafting skills and attention to detail. The person should be a self-starter and willing to hustle in a start-up environment.

9. Strong hold in assessing and advising on compliance of new business/product models with applicablee-commerce/FEMA/Data Protection/IT laws.

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!

Requirements at a Glance

Experience Level: Expert
Education: Bachelor's

Benefits

Health & Wellbeing - Your group health benefits are 100% funded by us, and start on your first day.
Travel the World - Even though we are currently working remotely, usually our employees make frequent international business-related trips while working on exciting projects.
Continuous Learning - We're passionate about learning and strive to constantly improve and innovate. We learn from others, our challenges & our successes.
Connection - In this virtual world, we stay connected through events like game nights, movie nights, arts & crafts sessions (like Origami), meditation sessions, and much more.
Autonomy & Flexibility - You get to define how you want to make an impact. We truly believe that great things happen when people are given the trust and freedom to create their own path.
Beautiful Office - Whenever we return back to the office, you’ll get to check out our awesome workspace, complete with pool and ping pong tables, a snack-filled kitchen, and tons of cozy work spaces.

About the Company

Paytm Labs

Digital payments, loans, investments, and insurance

Paytm Labs offers an integrated digital payments and financial services platform in India for individuals and businesses, covering UPI payments, mobile recharges, bill payments, ticket bookings, loans, investments, insurance, metro cards, and more. Users initiate payments or financial actions in the app, which are processed through UPI and payment gateways, with revenue from transaction fees and commissions on financial services. It differentiates itself through a large ecosystem of merchants and users, a wide range of services in one app, and a focus on customer support and trust. Its goal is to make a broad set of financial services easily accessible to mass-market users while growing revenue via payment processing and financial services partnerships at scale.

Company size: 10,001+
Company stage: IPO
Headquarters: Noida, India
Founded: 2014

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