About the role

Aplyr's Quick Take

This role is about managing legal contracts and compliance for Paytm's various business units. You'll be drafting, reviewing, and negotiating contracts while working closely with other teams to mitigate legal risks and ensure adherence to regulations. It's a senior manager position within the legal team, focusing on e-commerce and fintech projects.

Good fit

Ideal candidates have significant experience in legal contract management, particularly in fintech or e-commerce. Strong analytical skills and the ability to collaborate across teams are essential, along with a proactive approach to problem-solving.

Worth noting

The role involves a high level of interaction with regulators and requires a deep understanding of compliance issues. The position may also involve working on innovative business models, which could be exciting for those interested in the evolving fintech landscape.

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!

Skills & Tags

go aws ai mobile ios data product marketing

Aplyr's read

Paytm is a pioneering force in India's digital payments landscape, attracting talent interested in fintech innovation and financial inclusion for millions.
Synthesized from recent postings & public sources

What's promising

•Paytm's platform facilitates seamless digital payments and financial services for millions in India.
•The company promotes financial inclusion through diverse services like loans and insurance.
•Paytm's significant market presence offers opportunities for career growth in fintech.

What to watch

•Intense competition in India's fintech sector may pressure Paytm's market share.
•Regulatory changes in digital finance could impact Paytm's operations.
•High employee turnover in collections roles suggests potential job dissatisfaction.

Why Paytm

•Paytm's comprehensive service range extends beyond payments to include financial products.
•The company has played a key role in India's shift towards a cashless economy.
•Paytm's integration of multiple financial services under one platform is unmatched in the region.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Paytm

Paytm

paytm.com

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Paytm is a leading digital payments and financial services platform in India, offering a wide range of services including mobile recharges, utility bill payments, and financial products like loans and insurance. The company has significantly impacted the digital economy by promoting cashless transactions and providing financial inclusion to millions of users.