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Jobs

Principal Counsel

Air India

Post time
Posted On Jul 09, 2024
Company logo
Principal Counsel
Air India
Gurugram, India
Job Description


Role Name: Transactions Lawyer - Principal Counsel

Organization Context



Position Title:

Principal Counsel



Job Code

TBD

Grade:

TBD



Function:

GRC

Location:

Gurugram



Reports to:

Transactions Lawyer - Senior Principal Counsel

Role Level:

CXO-3


  1. Job Purpose

  • Responsible to provide comprehensive legal support and guidance to various internal stakeholders within the company, with a focus on aviation and other applicable laws / regulations, contracts and risk management.
  • Review, draft, and negotiate a variety of commercial agreements, including software and hardware contracts, marketing contracts, sales and distribution contracts, operational contracts, engineering contracts, supplier / vendor contracts, and service agreements.
  • Collaborate with business stakeholders, such as D&T, Engineering, Flight Operations, Commercial, Finance, Human Resources, etc, to provide legal support and ensure alignment with company's goals and objectives.

  1. Key Accountabilities



Functional Activities
  • Ensure compliance with applicable laws and regulations and protect the interests of the organization
  • Draft and review contracts such as vendor contracts, licensing agreements, employment contracts, and non-disclosure agreements
  • Familiarize oneself with the aviation laws of both India and international, regulations, and guidelines applicable in India, such as the Aircraft Act, 1934, the Aircraft Rules, 1937, and the regulations issued by the Directorate General of Civil Aviation (DGCA)
  • Advise on legal risks and implications of any transaction and recommend appropriate strategies to mitigate them
  • Review legal documents, identify potential risks and liabilities, and provide recommendations based on the findings
  • Participate in transactional negotiations with external parties, such as clients, vendors, or business partners
  • Prepare and draft transactional documents, including contracts, agreements, and legal opinions
  • Review various agreements, both internally and with the assistance of external lawyers as may be required
Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the Primary responsibilities and agreed between the incumbent, reporting officer and HR.

  1. Skills/Qualities Required



Legal acumen

Stakeholder management



Strong interpersonal skills

Critical thinking skills



Attention to detail

Collaborating skills



Manage multiple projects

Work in fast-paced environment

  1. Key Performance Indicators



Timeline of Legal Advice





Legal Compliance Rate





Legal Document Turnaround Time





Client Satisfaction



F. Key Interfaces

Internal Interfaces



Various internal stakeholders


  • Provide legal advice and support to internal business stakeholders and address their queries
  • Collaborate with other teams to ensure legal compliance and mitigation of risks


External Interfaces



External Counsel


  • Collaborate with external stakeholders for advice on certain matters


Third Parties / Vendors


  • Review and negotiate contracts with third parties / vendors, and mitigate risks on behalf of the company



G. Educational and Experience Requirements

Minimum Education requirements


  • Bachelor's degree in Law (LLB) and/or related degree in law


Experience

Minimum

Desired

  • 8-10 years of experience in corporate and transactional legal matters including at least 4-5 years of experience with reputed law firms in India, in their general corporate-commercial, M&A, PE and transactions practice

  • Prior in-house legal experience is preferred
  • Experience within the aviation industry is desirable






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