About the Role:
We are seeking a dynamic and experienced leader to oversee the Legal & Compliance functions within the Evernorth Health Services India, located in Hyderabad. This role is responsible for overseeing all legal, regulatory, and compliance matters for Evernorth Health Services India. This role ensures that the company operates within the legal framework while mitigating risks and ensuring regulatory adherence. The position requires a deep understanding of Indian laws, corporate governance, local and global compliance frameworks, and regulatory requirements across industries.
Key Responsibilities:
Legal Affairs:
1. Regulatory Compliance Ensure the company complies with all applicable laws, regulations, and industry standards, with an emphasis on employment, data privacy, security, and governance.
2. Contract Management Draft, review, and negotiate contracts, agreements, and other legal documents. Liaison with various internal stakeholders to ensure timely closure of agreements and advising them on contractual mandates and compliances.
3. Corporate Governance Assist with board and shareholder matters, ensuring compliance with corporate laws and regulatory filings.
4. Dispute Resolution & Litigation Manage legal disputes, litigation, and arbitration proceedings, liaising with external counsel, regulatory authorities, and/or government agencies when necessary. Represent the Company and/or senior executives in legal proceedings and/or supervise such representation. Limit litigation risk exposure in all key areas, working closely with executives across India and US.
5. Intellectual Property (IP) Management Ensure protection and appropriate use of trademarks, copyrights, patents, and other IP assets.
Compliance & Risk Management:
1. Regulatory Liaison Act as the point of contact for regulatory authorities (e.g., SEBI, RBI, IRDAI, MCA, etc.).
2. Policy Development Develop and implement internal policies and compliance frameworks in line with Indian and global regulations and enterprise programs. Review and advice on legal implications of internal policies and procedures. Also guide on any new policies to be prepared in the interest of the organization, as and when required in collaboration with global legal and compliance partners.
3. Risk Assessment Identify legal and compliance risks and develop mitigation strategies.
4. Ethics & Anti-Corruption Implement, manage and oversee policies and programs for anti-bribery, sanctions, data privacy, and whistleblower mechanisms.
5. Internal Audits & Training Conduct compliance audits, provide training to employees, and promote a culture of compliance and legal awareness.
Stakeholder Management:
1. Cross-functional Collaboration Work with HR, Finance, Operations, and other departments to support ongoing matters and ensure compliance with local and global regulatory changes. Engage with peers on program coordination to support global alignment of compliance and legal functions. Provide expert and strategic advice on legal and critical strategic operational matters.
2. Board & Executive Reporting Provide strategic legal advice to senior management and the board on legal risks and compliance matters.
3. External Counsel & Regulatory Bodies Manage relationships with external law firms, regulatory authorities, and government agencies.
Others:
- Manage legal budget (as required) and partnerships with external law firms/attorneys.
- Keep abreast of global legislative trends and advise business of potential impact.
- Support in all governmental and/or similar audits and investigations.
- Advice on matters pertaining to employment, data privacy, data governance, DPDP, GDPR etc.
- Support / lead compliance implementations and initiatives, internal investigations, domestic enquiry, POSH etc.
- Develop, implement, maintain, and ensure adherence tolegal/compliance processes and SLAs defined.
- Manage legal and compliance shared services from India, if required.
Qualifications and Experience:
- Master degree in Law (LLM).
- 10+ years of experience in legal, compliance, and regulatory affairs, preferably in a multinational corporation or healthcare or financial services GCCs.
- Strong understanding of Indian corporate, labor, data privacy, and financial regulations.
- Experience dealing with SEBI, RBI, IRDAI, FEMA, Companies Act, and other regulatory frameworks.
- Proven leadership skills and the ability to manage legal teams, compliance officers, business leadership and stakeholders.
- Strong analytical, negotiation, and communication skills.
- Overall broad legal knowledge (corporate law, litigations, labor laws etc.).
- Effective people management experience.
Preferred Industry Experience:
- Insurance & Healthcare
- Banking & Financial Services
- Technology & ITES
Key Competencies:
- Strategic legal thinking
- Risk assessment and mitigation
- Change management
- Strong business acumen
- High ethical standards and integrity
- Effective stakeholder management
