Senior Counsel

Job Purpose

Provide legal and regulatory support across Aditya Birla Capital Digital's lending, insurance, wealth, partnerships, and digital businesses by advising on legal risks, reviewing documentation and agreements, ensuring regulatory compliance, and partnering with stakeholders to enable business growth while safeguarding the organization's interests.

Key Responsibilities

• Provide legal advisory and risk management support across lending, insurance, wealth management, digital platforms, payments, partnerships, and allied financial services businesses.
• Review, draft, negotiate, and vet a wide range of agreements including customer documentation, distribution agreements, partnership contracts, technology agreements, vendor contracts, outsourcing arrangements, NDAs, referral agreements, and strategic alliance documents.
• Advise Business, Product, Credit, Risk, Operations, Compliance, Technology, Collections, and Leadership teams on legal, regulatory, and governance matters.
• Ensure compliance with applicable laws, RBI regulations, IRDAI regulations, Digital Lending Guidelines, data privacy requirements, consumer protection norms, and internal governance standards.
• Support product development and digital initiatives by providing legal inputs on product structuring, customer journeys, disclosures, consent frameworks, and regulatory requirements.
• Identify legal and regulatory risks across products, processes, partnerships, and strategic initiatives, and recommend appropriate mitigation measures.
• Manage legal aspects of secured and unsecured lending, security creation, recoveries, enforcement actions, title due diligence, and collateral-related matters wherever applicable.
• Handle disputes, customer grievances, claims, litigation, arbitration, recovery proceedings, and regulatory matters in coordination with internal stakeholders and external counsels.
• Monitor changes in applicable laws, regulations, and industry developments and proactively advise business teams on potential impact and required actions.
• Drive standardization of legal documentation, contract management processes, policy frameworks, governance controls, and legal MIS across businesses.
• Coordinate with regulators, industry bodies, external law firms, consultants, and business partners on legal and regulatory matters.

Key Challenges

• Supporting multiple business verticals with diverse regulatory requirements and business models.
• Providing practical and commercially balanced legal advice in a fast-paced digital financial services environment.
• Managing multiple stakeholders and high-volume transactions while ensuring adherence to regulatory and governance standards.
• Navigating evolving regulatory expectations across lending, insurance, digital finance, technology, and data privacy.
• Delivering timely legal support while balancing business objectives and risk management considerations.

Skills & Qualifications

• Strong understanding of banking, NBFC, lending, insurance, wealth management, fintech, and digital financial services businesses.
• Sound knowledge of applicable laws and regulations including RBI Guidelines, Digital Lending Guidelines, IRDAI Regulations, Contract Act, Consumer Protection Act, Information Technology Act, Data Privacy requirements, SARFAESI Act, Insolvency & Bankruptcy Code (IBC), Companies Act, and other relevant financial sector regulations.
• Experience in commercial contracting, regulatory advisory, product review, partnership structuring, dispute management, and legal risk assessment.
• Strong business acumen with the ability to provide solution-oriented legal advice while balancing risk and commercial objectives.
• Excellent stakeholder management, negotiation, drafting, analytical, and communication skills.
• Ability to manage multiple assignments, work under tight timelines, and operate effectively in a dynamic, growth-oriented environment.