Deutsche Bank is one of the world’s biggest investment banks, operating in many countries. They offer a variety of services, such as corporate banking, investment banking, transaction banking and wealth management to individuals, corporations and governments globally. Deutsche Bank has established a very solid footprint in India and its corporate banking arm is a crucial component for numerous Indian and international enterprises. The bank makes extensive use of its Legal Documentation Centre of Competence in order to ensure that all of these complex financial operations are being carried out smoothly and securely. This specialist legal team ensures that all transactions, new product launches and client agreements are watertight and legally sound in terms of local and international laws.
The nature of the work they provide.
The job is a full-time Senior Counsel (VP) based in Mumbai. The position is a very specialised and highly impactful one within the Legal Documentation Centre of Competence. In this role, your primary role will be to assist in supporting the Corporate businesses of Deutsche Bank throughout the Asia Pacific region. Your particular focus will be on and how to deal with all the complicated client documentation involved in Cash Management, Trade Finance and Security Services.
Every day you will be the “go to” legal professional for the preparation, analysis and negotiation of a multitude of agreements in transactions that are conducted by the bank. You will be required to work closely with various teams and business managers, offering legal advice and direction on corporate law, contract negotiations and regulatory matters. As you will be working with a focus on institutional and corporate cash management and complex trade finance transactions, you’ll need to have a broad legal knowledge as well as an acute understanding of banking products. You are in this to help the business grow and to carefully manage and mitigate legal risks.
Salary Expectations
Through the process of interview, the actual compensation amount is negotiated, but the salary of a Vice President level Legal Counsel at Deutsche Bank in Mumbai is very competitive and high in the investment banking space. According to industry data, a VP Legal earns an average base salary of approximately thirty to thirty-three lakhs per year in the bank in India. With regard to the overall pay, it can be easily estimated at twenty six lakhs to more than fifty lakhs per annum, depending on the years of experience and specialized skills in trade finance, and negotiation skills. The bank also has an excellent package of flexible benefits. This includes full hospitalization coverage for you and your dependents, gender-inclusive parental leaves, full reimbursement for childcare assistance, and own employee assistance and support programs.
How to Apply
The ideal candidate for this role will have a solid foundation in corporate law, and have a broad range of commercial banking transaction experience, preferably in in-house at a financial institution or at a well-known law firm. You should apply on the officialDeutsch Bank Careers website. After clicking on their employment site, specifically search for the job “Senior Counsel, VP” in Mumbai. You’ll need to register a candidate account and upload your latest resume. The hands-on experience gained in drafting commercial agreements, understanding cash management and/or trade finance, and capability in providing independent senior business advice should all be emphasized in your application. These active job postings will also often appear on big professional networking websites, straight to the bank’s internal application system.
