Legal Counsel Legal Counsel …

Permanent, Full time
Be the first to apply
Permanent, Full time
Be the first to apply
Standard Chartered Bank
Legal Counsel
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

  • Provide legal support to Retail Banking Singapore business, including Retail Banking products (CASA, Deposits, Payments) and segments (including Business Banking) in Singapore in order to support the Retail Banking strategic agenda in Singapore.
  • Identify and find ways to reduce legal and reputational risk.
  • Control the quality and cost of legal services provided by external law firms.
  • Proactive management of legal and regulatory risks and issues for the Retail Banking business in Singapore.
  • Provide legal advice, drafting and transactional support to the business in Singapore with a focus on Retail Banking. Specific coverage of segments and products may be reviewed from time to time.
  • Act as a central point of reference in Singapore for Retail Banking legal issues for country, Group, business and functional stakeholders.
  • Assist in the development of standard bank documentation and its periodic review, and propose changes ensuring the documents remain appropriate in light of legal, regulatory and market developments.
  • Provide innovative, commercially-minded legal support for the development of new products and assist in ensuring product governance.
  • Interface with our Compliance colleagues on regulatory issues.
  • Assist the Head of Legal, Singapore to support the on-going business, business growth and address legal risks of the Bank's business in Singapore.
  • Assist in the review and development of new policies and procedures for the terms on which business is conducted, and processes for managing legal risk arising in the course of business.
  • Effectively manage the process of engaging external counsel, including providing effective instructions to external counsel and negotiating appropriate fee structures for the transaction in question.
  • Working with Group Legal, Group Compliance and Singapore Compliance functions to ensure that robust local product/ provider diligence processes, product documentation and pre and post sales governance of Retail Banking products and services, in accordance with group standards, are properly embedded in Singapore.
  • As part of the products approval process, ensure material legal and compliance risks are identified and appropriately mitigated. Review and approve the Singapore country addenda of applicable Product Program Guidelines for local and cross-border regulatory risks.
  • Use technical knowledge of retail products/ segments to provide sound, technical product, legal and transactional advice to the business and to anticipate the impact of legal and regulatory developments on the business and communicate such impact to the business.
  • Drive the development and maintenance of good relationships with internal and external business stakeholders at appropriate levels ensuring an open and cooperative environment.
  • Provide legal advice, briefings, recommendations and reports on material legal risks and issues to business, country and functional stakeholders.
  • Support the standardization of key processes and documentation for Retail Banking products.
  • Proactive management support of legal and regulatory risks in selling of Retail Banking products in Singapore.
  • Suggest, coordinate and lead training activities for other lawyers in the Bank.
Our Ideal Candidate
  • Qualified lawyer with 4+ years of experience, preferably Singapore qualified.
  • Experience in and understanding of retail products (CASA, Deposits, Payments) and segments (including Business Banking and related products).
  • Good judgment enabling the provision of sound advice in difficult areas of law, regulation and practice and the proactive management of legal risk.
  • Strong analytical and innovative legal skills.
  • Must possess strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
  • Ability to work with country and Group business, legal and compliance teams.
  • Sound judgment on business practices and reputational risk.
  • Personal authority and integrity with proven ability to establish relationships and exert influence at the country level.
  • Independence, robustness, ethics and resilience.
  • An inquisitive approach to practices, procedures and specific transactions

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.
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