Assistant Manager Legal

Viva Money · 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