The Legal Counsel role at Yes Bank is a prestigious opportunity for legal professionals aiming to build a strong career in the banking and financial services sector. This full-time, work-from-office position is based at the bank’s corporate office in YES BANK House Santacruz Office, offering candidates the chance to work in a dynamic and high-impact legal environment.
As financial institutions continue to operate in a highly regulated landscape, the role of a Legal Counsel becomes critical in ensuring compliance, managing risks, and supporting business operations with sound legal advice. This position is ideal for candidates who have a solid understanding of corporate law, banking regulations, and contractual frameworks.
Overview
| Position | Legal Counsel |
| Company | Yes Bank |
| Job Type | Full-Time / Work from Office |
| Location | YES BANK House Santacruz Office, Mumbai |
| Salary | Not Disclosed |
Responsibilities
- Primary responsibility will be to provide support and legal advice to Large Corporates/Wholesale Banking/Structured deals/Trade Finance/Transaction Banking Products
- Develop standard agreements and templates together with legal guidelines for products and documentation as appropriate and keep such documentation and guidelines updated.
- Management of the legal affairs and legal risks of the businesses of the Bank.
- Helping business lines and function structure transactions, products, contracts, set up procedures along best practices, negotiate arrangements and legal terms with third parties, resolve legal problems, and propose and advise on solutions that help the business lines complete their transactions/resolve issues within the bank’s operational/legal framework.
- Provide legal advice and support as required generally by business teams and other functions like human resources, finance, compliance etc.
- Provide general advise to the Bank branches, subsidiaries and affiliates, as required, on legal issues arising from the organization and management of the relevant legal entities within India including corporate structure governance and operations.
- Assist in evaluation and conducting thorough due diligence for all deals and transactions including property related matters and regulatory perspective, and to highlight concern areas and recommend risk mitigation strategies / options.
- Co-ordination and follow-up with outside legal counsels and drafting of Complaints, Replies, Misc Applications, Affidavits etc. in Civil as well as Criminal litigation matters including Recovery of debts.
- Monitor trends in the regulatory and statutory environment for their impact on an organization and suggest an action plan for addressing them. Keeping abreast with latest legal developments.
- Co-ordination with other legal team to develop & implement legal function goals and objectives and best practice along with streamlining housekeeping and reporting activities.
- Advise and support businesses in relation to the structuring, negotiation and execution of third-party agreements entered into by relevant legal entities within India
- Supervise and manage local litigation and pre-litigation disputes as appropriate.
- Advise and provide support in relation to setting up/launching of new products or structuring any deals including drafting/vetting and negotiating all contracts, agreements and other documentation.
- Provide legal support to analyze and assess contractual risks in credit and other agreements and documents to protect the interest of the Bank.
- Monitor legal developments which may affect the businesses especially bank business operations and provide appropriate legal advice and support in relation to such issues.
- Assist the General Counsel/Corporate Legal Head in compliance with Bank legal policies and assist in setting up, where necessary, relevant local legal policies and procedures to reflect specific legal requirements of India.
- Advise on substantive legal issues and questions of law.
- Provide legal advice and support and transaction management services for all Bank business activities.
Work Experience & Qualifications
A qualified lawyer with a degree in law (LL.B), preferably Tier I & II, having 5-8 years of corporate legal experience preferably in the Banking sector or top NBFCs only.
Salary & Benefits
The salary for the Legal Counsel position is not disclosed by Yes Bank. However, candidates can expect:
- Competitive industry compensation
- Performance-based growth opportunities
- Exposure to high-level corporate legal work
- Professional development and learning opportunities
Why Join Yes Bank?
Joining Yes Bank offers several advantages:
- Work with a reputed private bank in India
- Gain exposure to complex financial legal frameworks
- Build a strong career in corporate and banking law
- Opportunity to collaborate with experienced professionals
Career Growth Opportunities
A Legal Counsel role can lead to:
- Senior Legal Counsel positions
- Legal Manager or Head of Legal roles
- Compliance and Risk Management positions
- Specialized roles in financial and corporate law
The Legal Counsel role at Yes Bank offers a strong platform for legal professionals to establish themselves in the banking and corporate law domain. With exposure to complex financial regulations, contract management, and risk mitigation, this position provides both learning and long-term career growth opportunities.
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