Legal Counsel, Global Banking at Standard Chartered Bank

Job description

Key Roles and Responsibilities

New products and initiatives:

• Provide business legal advice with respect to new products and initiatives for the Global Banking in the Region.
• Work with Product and other stakeholders to structure and define parameters for new products and initiatives and develop template legal documentation for the Global Banking in the Region.
• Transactional support and issues management and PPG/CA adherence :
• Escalate product or legal issues in relation to the Global Banking, Corporate Finance, Transaction Banking, GSAM in the Region where appropriate, in particular where PPG or CA parameters or global minimum standards are breached.
• Provide transactional support having regard to relevant PPG/CA parameters and, if applicable, Bank's minimum standards and guidance for the relevant product or services.
• Ensure that the legal teams supporting Global Banking in the Region are providing quality and effective legal advisory and transactional support having regard to relevant PPG/CA parameters and, if applicable, Bank's minimum standards and guidance for "Core Banking" products. "Core Banking" products are account opening, basic cash and channels, and traditional trade and trade related lending products.
• Lead lawyer for complex transactions for the Global Banking including multi-product and/or multi-jurisdictional transactions in the Region, collaborating with the relevant Product Specialist lawyers, and/or Country Legal as required, to provide seamless support to the business.
• Reduce legal and/or client documentation execution blockages for deals relating to the Global Banking in the Region.
• Improve awareness, controls and efficiencies around cross border legal issues for the Global Banking in the Region and encourage country legal and businesses in country to escalate execution blockages to regional legal teams.

Network delivery

• Embed delivering the network priorities for the Global Banking in the Region.
• Implement global standards for legal issues management for the Global Banking in the Region, deviating only when necessary under local laws, regulations or practice.
• Personally passport client documentation as part of the Network Negotiation Protocol and reduce execution blockages for deals relevant to the Global Banking in the Region. Ensure that any "passport" for Core Banking products created under the Network Passporting Protocol is fit-for-purpose for downstream products and services, and that the non-negotiable or critical clauses are not removed or materially diluted without the appropriate approvals and that the rationale for the concessions being documented for future reference.
• Provide Country Legal support on Core Banking where required .

Client Documentation

• Ensure that client templates relevant to Global Banking in the Region are updated and fit-for-purpose under local laws and regulations, aligned to global templates/standards unless deviations are necessary under local law, regulations or practice considering product nuances
• Ensure that new legal templates for Global Banking are properly rolled-out and adopted in the Region, working with relevant other stakeholders having responsibility for the product or involved in the documentation process.
• Ensure that the use of any non-standard legal templates or supplementary legal templates are justified and streamlined before they are approved for use.
• Ensure that the Client Template Approval process is adhered to, and that all country legal documents are lodged with Global Template Management and appropriately mapped to the product(s) for digitization on Thunderhead.
• Lending Documentation Unit ("LDU") and Operational Risk Framework for LDU
• Familiarise oneself with the current and revised credit documentation roles and responsibilities ("R&R")
• Ensure support of and collaboration with LDU in the Region.
• Take ownership of and remove blockages in LDU processes in the Region.
• Ensure implementation of Operational Risk Framework relating to LDU processes and controls for the Region.
• Team collaboration within Legal both within AME legal team and Client Business Legal team, People Engagement and Key Relationships
• Coordination to deliver the objectives with Regional teams (incl Country Legal), and Product teams
• Develop ability to convey complex issues briefly in both written and verbal forms
• Enhance presentational style to interact with senior executives at the appropriate level of detail
• Participate in senior decision making fora, and to sponsor senior decisions with other senior colleagues (both within Legal and Business teams)
• Build key relationships in the business across Commercial, IC and FI and with legal regional and country team members and with other functional stakeholders (Compliance, Risk, ITO, Credit, CDU and FCC)
• Work with HR and COO Legal on the Legal People Agenda including areas of resourcing , talent development , performance management , learning and development , engagement and succession planning
• Support and encourage (where practical and feasible and cost permitting) STA's across the region and encourage opportunities for country legal to engage and work together with regional legal

Conduct

Assist the function and business clients in improving conduct outcomes, Ensure all staff commit to the Code of Conduct and contribute in conduct training. Assist in providing proactive support for FCC, Compliance and Conduct Agenda. Collaborate seamlessly with Compliance (including FCC) colleagues with respect to , in particular, business restrictions , regulatory investigations and conduct challenges, providing proactive and timely advice and input

Qualifications and Skills

• Qualified to practice as a solicitor/attorney or barrister/advocate in relevant jurisdiction(s) where SCB is operating
• Must have relevant experience in private practice or in-house, including handling complex employment disputes and issues
• Substantial experience in legal in one or more Global Banking areas.
• Eexperience in the banking industry, including demonstrated success in a similar role.
• Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi cultural awareness and sensitivity.
• Ability to manage geographically dispersed and highly varied customer and product base.
• Ability to collaborate and work dynamically across country, region, business and group stakeholders.
• Understanding of best practice risk management techniques and frameworks.
• Understanding of the key features of relevant laws and regulations relevant to the Group and/or Region.
• Sound judgment on business practices, regulatory relationship management and reputational risk.
• Exemplary integrity, ethics, independence and resilience.
• Personal authority with proven ability to establish relationships and provide strong direction at the most senior levels in the Business and with regulators and other external stakeholders.