Job Description

Who we are: The world needs a superpower that revolutionizes digital banking for small businesses and financial institutions! That\'s why we built Open - a digital banking enterprise that builds industry-defining banking products for businesses, startups, freelancers, financial institutions and more. We have already built several powerful forces like Open Money - the world\'s fastest growing SME neobanking platform, Zwitch - Asia\'s first-ever no-code embedded finance platform, and BankingStack - a modern cloud-native digital baking OS. Open has been awarded the \'Most Innovative Neo bank\' & \'Most Innovative Digital Bank\' at India Fintech Awards 2021 & Internet and Mobile Association of India (IAMAI) respectively. But this is just the beginning of a paradigm shift we are about to forge in the world of banking. On 3rd May 2022, Open became the 100th Unicorn of India. Open is currently home to some of the smartest & brightest 500+ minds in the fintech space. We\'re a Series D funded startup backed by leading international funds like Temasek, Google, Tiger Global, IIFL Finance Ltd., SBI Holdings Japan, 3one4 Capital, Speed Invest, Beenext, Tanglin Venture Partner Advisors & Angellist to name a few. To build and strengthen this superpower, we\'re on the lookout for some extraordinary folks. Are you up for this challenge Our offerings: Since our inception in 2017, we\'ve launched a line of cutting-edge innovative products that are truly disrupting the banking game. Open.Money: Trusted by Leverge Edu, Rupeek, Aisle, Arzooo & million others, Open started out by empowering entrepreneurs to focus on growing their business via our flagship product . At the heart of it is the Open business account that comes with a VISA business card & combines banking, payments, accounting, expense management & taxes, in one place. Zwitch: Over the last 5 years, we have realized that embedding banking to product workflows is complex. That\'s why we built Zwitch - an embedded finance platform that offers API and no-code components for banking and compliance. It empowers businesses to build and integrate banking and financial features into any product out there!. BankingStack: Having been deployed at over 15 banks in India, BankingStack, a cloud native SME banking platform, has already created a dent in the current fintech space. This financial OS, empowers banks to launch & complement their own digital banking offerings thus offering a superior experience to customers. What you will be doing: . Provide contractual, legal, and regulatory support for all activities of the Company. . Track banking and payments regulations in India and execute related compliance actions. . Undertake in-depth legal research into a variety of complex regulations and help implement processes and policies. . Contract Lifecycle Management: You should have the ability to independently structure, draft, review, negotiate, execute, and maintain contracts efficiently. . Negotiation: You will be required to negotiate contracts with internal stakeholders and external stakeholders (including regulatory bodies and financial institutions). . Legal Opinion: You should be able to advise, support and guide stakeholders by providing well reasoned legal opinions. You will be required to provide general day to day legal advice and support to other departments including Banking Alliances, Product, Finance, Sales & Marketing, People & Culture, Risk & KYC, etc. . Disputes: You will be required to coordinate with law enforcement and statutory authorities. You should be able to draft notices and prepare responses to notices received by the Company Who we need: . Qualifications: 5 years LLB from a prestigious university in India. . Experience: 3 to 4 years post qualification experience in a law firm or in the corporate legal department. Prior working experience on banking, payments and/or fintech matters is a must . Strong written and oral communication skills in English . Ability to manage a large number and variety of mission-critical projects . Experience in dealing with a broad range of product compliance issues, including all laws and regulations relating to product compliance. . Ability to work independently, and advice business teams on legal and compliance matters . Structured and detail oriented . Stakeholder management . Hands-on approach . Analytical and problem-solving skills . Team player . Integrity and honesty Why work at Open . You\'ll be part of the early tribe that is changing the way business banking rolls . Every atom of your work will impact the way millions of businesses are run . You\'ll work with some the brightest minds who\'ll celebrate your quirks . You\'ll find growth & fun to be two-way streets - how you thrive and the way you jive, in turn drives Open

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