Senior Legal Counsel, Markets and Securities Services
2 weeks ago
Job description
Some careers grow faster than others.
If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Global Legal plays an important role in protecting the Group’s reputation by helping to future-proof the organisation through robust legal risk and issue advisory. Responsible for providing comprehensive legal advice to senior management and all global businesses and functions, the team offers a diverse range of legal skills, jurisdictional experience and practice specialisms across all countries and territories in which our businesses operate.
We are currently seeking a high calibre professional to join our team as a
Senior Legal Counsel, Markets and Securities Services.
Principal Responsibilities
Provide legal support primarily in respect of SSv products and initiatives (including digital innovation, and development of digital platforms, services and products), as well as GM products.
Develop and maintain legal and contractual templates.
Liaising with external counsel when necessary and in a cost-effective manner.
Provide legal support to and collaborate with other functions and teams (such as Regulatory Compliance, Risk and Global Legal Services) that support the SSv and GM business.
Participate in and provide legal support for various local and regional projects and initiatives.
Perform Legal function’s role as the second line of defence in the Group’s risk management framework and partnering the SSv and GM business in Singapore in addressing non-legal issues and risks (such as reputational risk and conduct risk).
Attending and presenting at various risk and fiduciary forums, steering committees, board meetings (as required).
Liaise on a regular basis across the relevant business areas and functions and with Legal function regionally and globally (as needed).
The SSv business covers:
Direct Custody and Clearing
Global Custody
Investor Services
Real Estate Investment Trusts
Trustee and Fiduciary Services
Fund Services
The GM business covers:
OTC derivatives transactions and other GM products and initiatives.
Assisting with GM documentation (such as drafting and reviewing ISDA Master Agreements, trade confirmations and product term sheets).
General responsibilities for the role:
To be the accountable lawyer to the executives of the area on all material legal issues that the business faces.
Execute against relevant policies and procedures for the relevant area of coverage to ensure that Legal's role in the second line of defence can be executed.
Advising relevant Management on non-standard legal, and conduct and reputational risks.
Evaluating and responding to changes in legal and regulatory requirements as they arise.
Provide expert and professional legal advice, guidance and support to ensure that the legal and reputational risk of the relevant area are identified, reported and mitigated.
Identify new legal, regulatory and market developments that can affect business activities, and educate our business teams on how these developments may affect their business.
Ensure senior legal management is fully briefed on major issues arising in relevant business area and major legislative changes in area of expertise.
Maintain and develop positive and professional working relationships with business managers, stakeholders and the Global Legal function.
Recommend selection of panel law firms and other appropriate external parties.
Requirements
Qualified Lawyer with at least 5 years' relevant experience (in-house and/or private practice).
Experienced and confident practitioner.
Great sense of ownership and servicing mindset to ensure efficient and effective customer service processes.
Ability to handle a diverse range of issues, deal with new or unexpected situations and work under pressure.
Strong communication skills (both written and verbal) and strong inter-personal skills. Excellent negotiation and drafting skills and will have demonstrated the ability to take initiative and apply good commercial and legal judgment.
Up-to-date knowledge of developments in own industry sector.
Lateral thinking/problem solving.
A collaborative teammate, but also a self-starter who is able to work independently with an entrepreneurial drive.
You’ll achieve more when you join HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited.
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