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Senior Legal Counsel

Job Seekers Singapore Compliance Financial Services - Banking

Job Summary

  • Singapore
  • Permanent
  • BBBH779307
  • Apr 07, 2021
  • S$15-19k pm
Job Description

My client, a prestigious and well-known global bank is looking to hire a Senior Legal Counsel for its transaction banking arm.

Senior Legal Counsel

Morgan Mckinley is working in partnership with a leading international bank to support their Transaction Banking Legal team.

Job Description

  • Assist the Business and Global Head in procuring that legal risks are identified and mitigated, appropriate legal templates are developed and used for dealings with third parties with adequate protections and remedies to address end to end product risks, and ensure that transactions with third parties are valid and enforceable under the laws of all relevant jurisdictions.
  • Assist in procuring that legal and other risks related to new product and business launches or expansion into a new geography are identified early and appropriately mitigated or risk accepted by the business or relevant function.
  • Work as an integral member of a team with a primary focus on the timely execution of new activity in the digital assets space.
  • Develop and manage relationships with counterparts across the space to stay on top of industry developments
  • Work with Regional Legal, monitor the external environment (such as changes in law and regulations, shifting industry or market practices and litigation affecting competitors or market participants) affecting the businesses and find ways to reduce legal risk for the businesses.
  • Develop and deliver effective functional training programs for Regional/Country Legal and Business.
  • Provide the Business with appropriate legal support to ensure that our agreements with counterparties e.g. service providers, together with our internal processes, are robust, including to satisfy regulatory and legal requirements, Bank policies and minimum legal documentation standards, and to discharge or mitigate the performance of our contractual commitments to clients /counterparties.
  • Assist With timely, prioritized and streamlined legal advisory and transactional support.
  • Provide or procure legal support for new product development and business launches, review and approve Product or transaction authorisation documents and ensure that product specific risks, issues/ nuances are clearly identified and appropriately addressed /mitigated through legal documentation or other processes.
  • For global product launches or expansion into new geographies, provide product legal support for Regional /Country Legal to sign off the Country Addenda or transaction authorisation documents and product documentation.
  • Establish an effective interface with business, risk and control and governance functions, and within Legal, to assess and manage legal risks and issues.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

The Successful Applicant

As a successful applicant, you would have the following skills & qualifications:

  • Qualified Lawyer in a common law jurisdiction with at least 10 years of PQE
  • Strong legal experience in general banking and in Cash Management, e-channels, e-platforms, e-Commerce services. Cash Management includes Clearing, Payments and Collections and related foreign exchange, Reporting, Liquidity Management solutions
  • Passionate about the potential of blockchain / distributed ledger technology / digital assets (and preferably experience of working in this space)
  • Keen interest in the financial markets and specifically the use of technology to change how markets operate today
  • Motivated team player who can adapt and contribute in a fast-paced, high-pressure environment
  • Proven ability to interact, influence, and develop relationships at all levels / functions within the organization
  • Proven ability to transform ambiguous and unstructured ideas into a structured path forward to drive commercial opportunities for the firm
  • Track record of effectively managing multiple projects at the same time and ability to balance innovative / strategic focus with tactical implementation / execution
  • Strong understanding of the key features of relevant laws and regulations applicable to the Business

If you're interested in this role, please send your updated CV (word format) to smalhotra@morganmckinley.com for a confidential discussion

Referrals are greatly appreciated.

Morgan McKinley Pte Ltd

EA Licence No: 11C5502

Registration No: R1770166

Registration Name: Suhani Malhotra

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as a notification that you have not been shortlisted.

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Consultant Details

Consultant Details

Suhani Malhotra
Suhani Malhotra
  • Senior Consultant
  • +65 6818 3174
  • smalhotra@morganmckinley.com