Overview
Assistant Manager Legal Jobs in Bengaluru, Karnataka, India at Viva Money
Title: Assistant Manager Legal
Company: Viva Money
Location: Bengaluru, Karnataka, India
Company Description Viva Money is a digital lending company focused on simplifying access to credit through mobile-first, technology-driven solutions. As the creator of India’s first Super Flexi Loan, Viva Money offers a fully digital, fast, and flexible borrowing experience designed to support everyday needs and unexpected financial situations. The company partners with RBI-registered Fincfriends Private Limited (NBFC) to deliver secure, reliable, and customer-centric lending products. With offerings ranging from small to mid-sized loans, interest-free periods, and flexible repayment options, Viva Money is committed to bridging India’s financial inclusion gap. As part of a global fintech ecosystem, the organization continues to innovate to build a smarter, faster, and more flexible future of lending.
Role Overview
We are looking for an Assistant Manager – Legal to support the legal, regulatory and commercial requirements of a fast-growing digital lending platform / Lending Service Provider (LSP).
The role will involve working closely with Product, Technology, Business, Operations, Risk, Compliance and partner NBFCs/banks to ensure that the platform, customer journeys, technology integrations and commercial arrangements are legally and regulatorily sound.
This is a high-ownership role requiring strong understanding of digital lending, fintech regulations, technology contracting and customer-facing regulatory requirements.
Role Description
1. Digital Lending & Regulatory Advisory
– Advise business and product teams on applicable RBI regulations and other laws governing digital lending and LSP activities.
– Support compliance with the RBI Digital Lending framework, including requirements relating to LSPs, customer disclosures, KFS, digital journeys, data handling, grievance redressal and outsourcing arrangements.
– Advise on new products, features, lending journeys, pricing, fees, collection processes and changes to the platform.
– Monitor regulatory developments and translate them into actionable business requirements.
– Support regulatory gap assessments, compliance reviews and implementation of regulatory changes.
2. Partner NBFC / Bank Arrangements
– Draft, review and negotiate agreements with lending partners, including LSP agreements, sourcing arrangements, technology arrangements, service agreements and other partnership documentation.
– Advise on allocation of responsibilities between the LSP and regulated entities.
– Review arrangements involving sourcing, underwriting support, customer onboarding, servicing, collections and other lending activities.
– Support regulatory and contractual governance of third-party and partner relationships.
3. Product & Customer Journey
– Work with Product and Technology teams to build legally compliant digital lending journeys.
– Review customer-facing documentation, including loan application journeys, T&Cs, consent language, privacy notices, KFS-related disclosures and other customer communications.
– Review implementation of regulatory disclosures and customer consent mechanisms.
– Identify legal and regulatory risks in product flows and recommend practical solutions.
4. Technology, Commercial & Vendor Contracts
– Draft, review and negotiate MSAs, technology agreements, SaaS agreements, vendor agreements, NDAs, marketing agreements and other commercial contracts.
– Advise on technology risk, service levels, liability, indemnities, intellectual property, confidentiality, audit rights, business continuity and termination provisions.
– Support contracting with technology, KYC, credit bureau, collections, payment, communication and other fintech vendors.
– Develop and maintain standard templates, clause libraries and contracting playbooks.
5. Data Protection & Technology Governance
– Advise on applicable data protection and privacy requirements, including the Digital Personal Data Protection Act, 2023.
– Review privacy notices, consent mechanisms, data-processing arrangements and data-sharing structures.
– Support legal review of data access, retention, storage, sharing and processing arrangements.
– Work with Technology, Information Security and Compliance teams on privacy and data governance matters.
6. Risk, Disputes & Regulatory Matters
– Identify and advise on legal, regulatory and contractual risks arising from platform operations.
– Manage legal notices, disputes, consumer complaints and regulatory queries in coordination with internal teams and external counsel.
– Support responses to regulatory inspections, audits and information requests where applicable.
– Assist in developing remediation plans for identified legal and regulatory gaps.
Basic Requirements
– LL.B. degree from a recognised university; enrolment with the Bar Council preferred.
– 4–6 years of post-qualification in the mentioned corporate role
