About PhonePe Group:
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.
Culture
At PhonePe, we take extra care to make sure you give your best at work, Everyday! And creating the right environment for you is just one of the things we do. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a big part of being at PhonePe. If you like building technology that impacts millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!
Job description Legal - Contracts
Position/Designation Manager – Legal
Location Bangalore
Reporting Manager Legal
Objective
i. 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.
ii. Implement technology enabled tools and experience-based initiatives to make the contracting
process automated, efficient, and effective.
1. Description of KRAs
a) Contracts:
i. Standardisation of contract templates while prescribing negotiable and non-negotiable clauses
basis risk categorisation and type of contracts.
ii. 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.)
iii. Lead contractual negotiations and closures independently.
b) Commercial:
i. 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.
ii. Provide expert & strategic legal advice on various aspects of business to management on
optimising the contracting process, stamping, e-sign, repository access etc.
iii. 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.
c) Process:
i. Communications with relevant counter parties / external counsels for contract finalisation.
ii. Systematise the contracting process, TAT expectations, repository and retrieval process.
iii. Establish an auditable and robust process for renewals and monitoring of key requirements of
contracts.
iv. 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.
v. Keeps abreast of legislative changes & maintains current knowledge of amendments in
legislations to improve contract versions.
2. Min Qualification
i. LL.B. LLM is a good to have but not mandatory.
ii. Minimum 7 years post-qualification experience.
iii. Have strong drafting and communication skills.
iv. 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.
v. 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.
3. Expectations other than qualification; technical experience:
i. Committed and ready to work under pressure.
ii. High degree of professional ethics and integrity, excellent judgement, analytical skills and
good interpersonal skills.
iii. Willingness to learn, improve and challenge the status quo for the better.
iv. Good negotiation skill and general commercial acumen.
PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)
- Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
- Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System
- Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
- Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy
- Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment
- Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy
Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.
