About the Organisation
PhonePe is India’s leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants covering over 99% of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India’s first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company’s vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.
About the Job Opportunity
- To contribute towards developing a best-in-class commercial contracts function which, while servicing the internal business and control stakeholders in contracts, legal documents, T&Cs, etc, is also able to insulate the business from risks.
- Implement technology enabled tools and experience-based initiatives to make the contracting process automated, efficient, and effective.
Description of KRAs: Contracts: Standardisation of contract templates while prescribing negotiable and non-negotiable clauses basis risk categorisation and type of contracts. - Actively contribute towards improving the drafting and review process of contracts and other legal documents for various business lines including payments, technology, merchants and specific products/services (like ecommerce, appstore etc.)
- Lead contractual negotiations and closures independently.
- Commercial: Develop commercial understanding of the business and each product line for risk assessment including what is mandatorily required under various regulations for respective services/products of the organization.
- Provide expert & strategic legal advice on various aspects of business to management on optimising the contracting process, stamping, e-sign, repository access etc.
- Evaluate and weigh multiple inputs and impacts of any decision or course of action as the business is large, has PAN India operations and offices, ability to anticipate issues and estimate risks, identify proactive solutions that will eliminate or mitigate risks.
Process: Communications with relevant counter parties / external counsels for contract finalisation. - Systematise the contracting process, TAT expectations, repository and retrieval process.
- Establish an auditable and robust process for renewals and monitoring of key requirements of contracts.
- Deployment of technology-based solutions and tools to make the end-to-end contracting process efficient, effective and best in class as to quality of drafting and risk mitigation.
- Keeps abreast of legislative changes & maintains current knowledge of amendments in legislations to improve contract versions.
Eligibility & Qualifications
Minimum 7 Years Post-qualification Experience.Have strong drafting and communication skills.
Exposure to a variety of contracts – Complex IT /software development, licensing, real estate to variety of vendor, supplier, employment, service contracts – both revenue and expense side of contracts. Overall good legal knowledge (corporate law, employment laws, business laws, data privacy practises, etc). Exposure on regulatory compliance and litigation is a good to have but not mandatory.
Expectations other than qualification; technical experience: Committed and ready to work under pressure.
High degree of professional ethics and integrity, excellent judgement, analytical skills and good interpersonal skills. Willingness to learn, improve and challenge the status quo for the better. Good negotiation skill and general commercial acumen.
Contact Details
https://www.linkedin.com/company/phonepe-internet
Click here to apply and for official notification.
