Rajiv Mohapatra

CEO

Mumbai, Maharashtra, India24 yrs 11 mos experience

Most Likely To SwitchHighly Stable

Key Highlights

Over 22 years of legal expertise in fintech and banking.
Global head of legal compliance with extensive regulatory experience.
Advised boards on corporate governance and compliance strategies.

Stackforce AI infers this person is a seasoned legal expert in Fintech and Banking with a focus on compliance and regulatory affairs.

Contact

Skills

Core Skills

Legal ComplianceRegulatory ComplianceRegulatory AffairsLegal AdvisoryLegal GovernanceLegal StrategyCorporate GovernanceLitigation Management

Other Skills

ArbitrationBankingCivil LitigationCommercial LitigationComplianceContract ManagementContract NegotiationCorporate LawCourtsCriminal LawData PrivacyDispute ResolutionDue DiligenceEmployment LawIntellectual Property

About

A corporate legal professional with fin-tech and banking law specialization. Having graduated as a Masters in Finance and Law, have been working for corporates, large banks and Multinational companies for over 22 years in managing legal and regulatory issues, litigation, corporate commercial contracts, legal strategy and mergers and acquisitions. As Global Head of Legal Compliance having experience in spearheading the legal, regulatory, compliance globally. As a General Counsel and Head of Compliance, have advised the Board of Directors and the Management across organisations on various legal, regulatory, compliance, corporate governance and external affairs. Was in Private Practice in High Courts and Supreme Court of India before moving into corporate legal leadership roles at HSBC Bank, Vodafone Group, Home Credit in India. Specializes in legal and compliance, corporate governance, external affairs, strategy, contracts, managing legal & regulatory risks, litigation and legal audit. A member of Bar Association of Orissa, India and ex-member of International Bar Association, London.

Experience

Mastercard

2 roles

Vice President Global Legal Compliance

Promoted

Jul 2022 – Present · 3 yrs 8 mos

Global Legal Compliance Lead for Mastercard Send (a remittances product). Manage compliance operations globally and oversee execution of compliance processes and controls for Send product.
Strengthen the compliance infrastructure within the business to ensure informed risk based decisions are taken regarding new opportunities, markets, local initiatives and product and service offerings
Ensure appropriate compliance processes and controls are developed, documented, and implemented.
Ensure management is adequately trained on applicable laws, regulations, and responsibilities for internal controls.
Oversee compliance team for the business unit
Address compliance challenges and provide expertise in AML and sanctions matter
Conduct regular compliance gap analysis of internal controls to ensure compliance with various applicable laws and policies.

Managing AssociatesLegal ComplianceRegulatory Compliance

Director-Senior Counsel, Regulatory Affairs, Asia Pacific

Jul 2018 – Jul 2022 · 4 yrs

Responsible for regulatory affairs across the emerging markets in Asia Pacific region. Advising business on navigating regulatory challenges, licensing requirements, managing regulatory risks, evaluating business strategies and product launch in the market from regulatory compliance perspective, advising on legal and regulatory approach in nationalistic environment. Engaging with regulators, policy makers and interacting with industry associations and forums for policy advocacy, defending business strategies and products for regulatory approvals, managing regulatory relationship and activism in the industry.

Managing AssociatesRegulatory AffairsLegal Advisory

Home credit india strategic advisory services

General Counsel & Head of Compliance

Jan 2018 – Jul 2018 · 6 mos · Gurgaon, India

Advised Home Credit India Group and the Board on legal and regulatory governance and risks pertaining to mobile banking, digital bank and payments business.
Engaged with industry bodies and regulator (RBI) on policy issues and advocacy.
Advised on Incorporation of company, regulatory and statutory licensing issues, finance, HR and corporate law issues, legal and regulatory compliance.
Assisted in Govt. relations and external affairs activities
Evaluated the regulatory aspects of products and services and licensing implications.

Managing AssociatesData PrivacyLegal GovernanceRegulatory Compliance

Vodafone m-pesa limited

Head Legal

Jun 2013 – Dec 2017 · 4 yrs 6 mos · Mumbai Area, India

Advised mobile wallet and prepaid payment instruments business in India on, legal strategy, risks related to corporate-commercial laws, Privacy and Data Protection laws, frauds, M&A, employment laws, competition act, IPR
Advised management on corporate, commercial, IT, supplier & other contracts
Drafted and reviewed documents, data protection policy, legal risk mitigation plans, banking and prepaid payment instrument business regulatory and statutory compliance of various laws and statutes
Interacted with industry bodies and regulator (RBI) on policy issues and advising on drafting of industry wide policy framework for Fintech products and mobile wallet.
Member of Risk Management Committee, Outsourcing Governance Committee, Customer Grievance Redressal Committee
Advised Board members on legal and regulatory risks in Board meetings
Advised on Incorporation of company, regulatory and statutory licensing issues, finance, escrow and corporate law issues, legal and regulatory compliance, managing regulatory audits
Managed external lawyers and mentored internal lawyers
Advised on Payments Bank application, banking license, setting up Payments Bank and on the legal and regulatory governance framework for the bank

Managing AssociatesData PrivacyLegal StrategyCorporate Governance

The hongkong and shanghai banking corporation limited

Vice President & Senior Legal Counsel

Jul 2006 – Jun 2013 · 6 yrs 11 mos · Mumbai, India

Advised Retail Banking & Wealth Management business in India and the group companies in India on various legal and regulatory aspects and product launches
Provided legal advisory on legal risks and mitigation strategy, privacy and data protection laws, frauds and risk mitigation plans and litigation support to business units, Capital Markets, Private Banking, Wealth Management, NRI business, Credit Cards, Marketing, Retail Assets and Liabilities, and Collections
Reviewed and drafted various international corporate commercial agreements, outsourcing service agreements, intra-group agreements and documentation for retail assets & liabilities and transaction banking
Managed regulatory and statutory complaints, interacted with regulators like SEBI, RBI on various issues
Managed high value litigations and recoveries, advised on contract and litigation management. Drafted litigation management policy, privacy policy for the bank and its group companies
Empaneled and engaged external counsels; managed and mentored team of internal lawyers

Managing AssociatesData PrivacyLegal AdvisoryLitigation Management

Citifinancial consumer finance india ltd

Asst.Manager Credit & Risk

Jul 2005 – Jul 2006 · 1 yr

Assessed creditworthiness for clients spread over entire locations of South Gujarat; review and analyse documents related to loans; managed external agencies; monitored risk factors and collections; managed post loan verification and assessment.
Achievements: Improvised credit process and streamlined loan sanctioning process and documentation.

Managing Associates

Capital factors and asset reconstruction (i) ltd

Regional Manager Legal

May 2004 – Jun 2005 · 1 yr 1 mo

Managed legal cases and recovery for eastern region.
Devised strategies for reducing NPAs through Legal Recovery in the four states of Orissa, West Bengal, Assam, and Jharkhand.
Drafted and reviewed commercial agreements and MOUs and negotiated restructuring and settlement of loans

Managing Associates

Orissa high court & supreme court of india

Advocate & Consultant (Private Practice); Associate Lawyer Globus Legaleia

Mar 2001 – May 2004 · 3 yrs 2 mos · Orissa & New Delhi

Providing legal consultancy to various companies; appearing on behalf of the clients in the various High Courts and Tribunals & Supreme Court of India. Drafting multi-party agreements & contracts. Managing Civil & Criminal litigations.
Area of Experience in Corporate & Commercial laws, Banking & Company laws, Contracts & Agreements, Civil & Criminal laws, N.I.Act, Arbitrations.
Associate Project Consultant Legal for Project on Indian Laws and Practices on Selected Corporate Social Responsibility Principles for Partners In Change (an international NGO) working in the field of Corporate Social Responsibility.