Job Role: Junior Legal
Experience: 5+ Years
Location: Mumbai Role
Job Purpose
The Junior Legal professional will support the Legal function by ensuring regulatory compliance and governance across product distribution, investor communications, commercial agreements, and investment transactions. The role involves reviewing legal documentation, providing regulatory guidance, supporting business teams, and ensuring adherence to applicable SEBI regulations and internal governance standards across Mutual Funds, Alternative Investment Funds (AIF), Portfolio Management Services (PMS), Private Equity (PE), and Registered Investment Adviser (RIA) businesses.
Key Responsibilities
- Legal Documentation & Contract Management
- Review, draft, and vet distributor agreements and channel partner contracts across Mutual Funds, AIFs, PMS, and RIA businesses.
- Review and manage UCITS agreements ensuring compliance with international regulatory and legal standards.
- Draft, review, negotiate, and manage:
- Service Agreements
- Vendor Agreements
- Commercial Contracts
- Memorandum of Understanding (MOUs)
- Leave & License Agreements
- Other business contracts as required.
- Product & Marketing Compliance
- Review domestic and international product factsheets, including Aryabhata factsheets.
- Vet marketing collateral, product presentations, newsletters, WWAR, WWAS, investor communications, and promotional materials.
- Ensure:
- Regulatory compliance
- Accurate disclosures
- Risk statements
- Product consistency
- SEBI and global regulatory adherence.
- Regulatory & Governance
- Review internal policies, Standard Operating Procedures (SOPs), and process documents
- Ensure alignment with: SEBI Regulations o Internal governance policies o Industry best practices.
- Monitor evolving regulatory changes and recommend policy updates.
- Private Equity & Investment Transactions
- Support legal activities relating to private equity and pre-IPO investments including:
- Share Purchase Agreements (SPA)
- Share Subscription Agreements (SSA)
- Shareholders Agreements (SHA)
- Ancillary transaction documents
- Manage transaction closing activities including:
- Conditions Precedent (CP)
- Board approvals • Shareholder approvals
- Regulatory filings
- Post-closing compliances.
- Stakeholder Management Work closely with:
- Compliance
- Investment Team
- Product Team
- Distribution Team
- Marketing Team
- External Legal Counsels to resolve legal observations and facilitate timely execution of business requirements.
- Regulatory Audits & Compliance
- Support regulatory inspections and internal audits.
- Assist in regulatory submissions.
- Maintain legal documentation and compliance records.
- Ensure timely resolution of audit observations.
- Website & Disclosure Review
- Review regulatory disclosures before publication.
- Ensure website disclosures comply with legal and regulatory requirements.
- Validate investor-facing content for accuracy and compliance.
- Training & Legal Advisory
Conduct awareness sessions on:
- POSH o Cyber Security
- Data Privacy
- Insider Trading o
- Regulatory Updates
Provide legal guidance and risk assessment to internal stakeholders.
- Valuation & Investment Support
- Coordinate with external valuers and internal investment teams.
- Support valuation exercises for investee companies.
- Review legal aspects associated with valuation documentation.
Qualifications
- Graduate or Postgraduate Degree in Law (LL.B. / LL.M.).
- Professional certification in Compliance, Corporate Law, Regulatory Affairs, or related disciplines is preferred.
Experience
- 1–4 years of post-qualification experience in Legal, Compliance, or Regulatory functions.
Prior experience in
- Asset Management Company (AMC)
- Mutual Funds o Alternative Investment Funds (AIF)
- Portfolio Management Services (PMS)
- Financial Services o Banking
- Investment Management
- Law Firm handling financial sector clients will be preferred.
Required Skills
Functional Skills
- Strong knowledge of:
SEBI Regulations
- Mutual Funds
- AIF Regulations
- PMS Regulations
- Private Equity Transactions
- RIA Framework
- Contract drafting and agreement review.
- Product documentation review.
- Regulatory interpretation.
- Commercial contract management.
- Corporate legal documentation.
Technical Skills
- Legal drafting
- Contract negotiation.
JOB CODE : SKILLK-108
