Job Opportunity: Team Member Legal (Consumer Banking) At Kotak Mahindra Bank Limited

Table of Contents

• Role overview
• Post, location, and experience
• Essential qualification and skills
• Key roles and responsibilities
• Drafting and reviewing agreements
• Contract negotiation and advisory
• Due diligence, compliance, and documentation
• Litigation management
• Ideal candidate profile
• How to apply

Kotak Mahindra Bank Limited has invited online applications for the post of Team Member Legal (Consumer Banking) at its Mumbai office to support retail and consumer banking businesses with contract drafting, regulatory compliance, and litigation management.​

Role overview

The Team Member Legal (Consumer Banking) will be part of the bank’s support services–legal function, responsible for drafting and negotiating a range of banking and commercial contracts, advising business teams on legal and regulatory issues, and overseeing litigation and notice management for consumer-banking portfolios. The role demands strong expertise in contract law, banking regulations, financial laws, and data protection requirements relevant to consumer and digital banking products.​

Post, location, and experience

• Post: Team Member Legal (Consumer Banking).​
• Location: Mumbai, Maharashtra, within the Consumer Banking – Support Services – Legal vertical.​
• Experience: At least 7 years’ experience in drafting and reviewing agreements and contracts, preferably in a bank or financial institution handling lending and consumer-banking documentation.​

Essential qualification and skills

• Education:
  • LL.B. or equivalent law degree from a reputable law school.​
  • An additional Company Secretary (CS) qualification is an added advantage.​
• Legal and domain knowledge:
  • Strong knowledge of contract law, banking regulations, and financial laws applicable to consumer banking.​
  • Familiarity with RBI guidelines and other financial sector regulations that govern lending, deposits, consumer products, and operational processes.​
  • Understanding of data protection laws, including the Information Technology Act, 2000 and the Digital Personal Data Protection Act, 2023, as they apply to customer data and digital banking services.​
• Core skills:
  • Excellent drafting and negotiation skills for agreements and banking documentation.​
  • Strong communication abilities to interact with internal business teams, counterparties, and external counsel.​
  • Ability to conduct due diligence, review documentation for regulatory compliance, and identify legal risks in consumer-banking transactions.​

Key roles and responsibilities

Drafting and reviewing agreements

• Prepare, review, and finalize various agreements and contracts, including loan agreements, security documents, and other commercial contracts relevant to consumer-banking products and services.huzzle+1​
• Ensure that all contractual terms adequately protect the bank’s interests and are aligned with internal policies and regulatory requirements.livelaw​

Contract negotiation and advisory

• Negotiate contract terms with counterparties, partners, and vendors, balancing legal risk with business objectives.huzzle+1​
• Provide legal advice to business teams on contract-related issues, including product structuring, documentation requirements, regulatory constraints, and risk mitigation strategies.huzzle+1​

Due diligence, compliance, and documentation

• Conduct legal due diligence on counterparties (such as borrowers, service providers, and partners) and review documentation to ensure compliance with applicable regulations and internal standards.huzzle+1​
• Stay updated with changes in laws, regulations, and industry best practices in contract drafting, banking compliance, and consumer protection, and brief business teams on their impact.livelaw+1​
• Maintain accurate and current records of agreements, contracts, and related legal documents for the internal legal team, ensuring audit readiness and traceability.livelaw​

Litigation management

• Draft replies to legal notices, written statements, and other pleadings related to consumer-banking disputes.huzzle+1​
• Coordinate and interact with external advocates for handling and managing litigations and proceedings involving consumer-banking matters.huzzle+1​

Ideal candidate profile

The role is best suited for:

• Experienced banking/financial-services lawyers with at least 7 years of continuous exposure to contract drafting, review, and negotiation in a bank, NBFC, or similar financial institution.huzzle+1​
• Professionals who combine robust doctrinal knowledge in contract, banking, and data-protection law with a clear practical understanding of lending, treasury, and trade finance operations.huzzle+1​
• Candidates who are comfortable working closely with business teams, can translate regulatory requirements into workable documentation, and can manage a steady pipeline of agreements and litigations.livelaw+1​

How to apply

Candidates must apply online through Kotak Mahindra Bank’s application link provided in the job notification; no offline applications are accepted. Before applying, applicants should:t+1​

• Update their CV to highlight specific experience in banking/financial contracts, RBI-regulated products, and litigation or notice-handling work in the consumer-banking space.indeed+1​
• Prepare concise examples of complex agreements or regulatory issues they have handled, which can be discussed during the selection process.huzzle+1​

Official Notification: https://hcbt.fa.em2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX/job/210441/?utm_medium=jobshare&utm_source=External+Job+Share