Legal Counsel
VercelFull Time
Mid-level (3 to 4 years)
Candidates must have experience as Lead Counsel, IN, with a focus on legal, regulatory, and compliance workstreams for non-banking financial companies. Responsibilities include company secretarial duties, advising on growth and product regulation, managing general business regulatory compliance, corporate governance, and drafting/reviewing commercial contracts. Experience with Indian regulations like the Companies Act, FEMA, and RBI regulations is essential. The role requires collaboration with external affairs teams, managing external counsel, implementing compliance structures, and coaching direct reports.
The Lead Counsel, IN will lead strategy and implementation of NBFC license compliance and partnerships for Tala India. They will advise on product regulation for both Tala India and globally, manage general business regulatory compliance, secretarial compliance, corporate governance, and other legal matters for Tala India. This includes staying updated on relevant rules and regulations, drafting and negotiating commercial contracts, making required secretarial and regulatory filings, building relationships with external stakeholders, interacting with regulatory bodies, managing external counsel, implementing and maintaining a comprehensive compliance structure, monitoring compliance strategy implementation, synthesizing legal requirements, assessing compliance risks, and maintaining legal and corporate governance documentation. The role also involves managing and coaching direct reports in the Legal team.
Digital wallet and lending platform for underserved
Tala operates as a digital wallet and lending platform that focuses on providing financial services to individuals who are often overlooked by traditional banks. The platform uses artificial intelligence and machine learning to create a personalized financial experience for its users. Customers can access instant credit, transfer money easily, and pay bills all through a single app. Tala's unique data tools allow it to serve a diverse range of customers, including those without access to conventional banking. The company generates revenue through interest and fees on the credit it offers, as well as transaction fees for money transfers and bill payments. Operating in multiple countries across three continents, Tala adapts its services to different markets while aiming to enhance the financial well-being of its users by providing tailored credit lines and financial advice.