Job Title Here Experience Director

Title: Senior Legal Counsel, FM
Central, HK
JOB SUMMARY
To provide, and manage the provision of, advisory, structuring and execution legal support to all Global Markets (GM) businesses and functions in Asia, with focus on the Greater China and North Asia region (GCNA), driven by a laser focus on Legal’s and GM’s core scorecard objectives both as to product and region. Responsibilities include:
(a) advising Sales, Structuring and Trading regionally in all asset classes: including but not limited to Equities, FX, Rates, Credit & Commodities derivatives, Structured Credit (including ABS Trading) and Structured Financing, whether in OTC, security or other wrapper forms.
(b) providing support to COO, Sales and Trading with respect to global and local reform initiatives (including, but not limited to, bank resolution, margin reform, IBOR reform, China netting).
(c) providing legal support for Asia, in particular GCNA, strategic initiatives such as renminbi internationalisation, equities lending/financing.
(d) supporting and implementing applicable Group legal standards, practices, and requirements.
(e) providing input for internal governance forum, such as risk and netting forum and internal working groups on Asia, in particular GCNA, initiatives.
(f) engaging with and contribute to regional industry bodies (e.g., ISDA, ISLA, ASIFMA) on Asia, in particular GCNA, market initiatives.
(g) working in close collaboration with CCIB Legal and other Legal colleagues, as well as other functions supporting the GM businesses.
(h) supporting process ownership and escalation by Legal for Operational Risk Framework issues in the Asia, in particular GCNA, region.
Onshore or cross-border transactional experience in Asia, China and Hong Kong a key requisite. Chinese language proficiency (spoken and written) a priority and advantage.
RESPONSIBILITIES
Strategy
Execute Legal’s strategy and contributions to group ROTE:
• Provide general structuring, product, regulatory and transactional legal advice.
• Negotiate, complete and facilitate execution of transaction documentation.
• Review, maintain and manage product and transactional templates.
• Provide training on legal/documentation product and regulatory matters and legal policies and procedures.
• Provide legal review and sign-off required under relevant policies and procedures.
• Liaise with external counsel and with regional and client segment legal and compliance colleagues.
• Provide advice on disputes and potential defaults.
Business
• Assist in the identification of material legal and jurisdictional risks for the relevant businesses.
• Anticipate and assesses key legal developments in the business for management consideration and help drive the development and implementation of appropriate legal framework.
• Undertake continual assessment of legal and documentation risks.
• Participate in the overall governance of a business.
• Control, monitor and report external legal spending.
Processes
• Manage documentation templates automation.
• Legal knowledge management.
• Assist with review of and compliance with policies and procedures.
• Assist in process governance committees and operational risks committees.
• Assist in management of client dispute resolution, if any.
• Review and provide legal signoffs for product and country governance documents.
• Consider and analyse cross border legal and regulatory risks.
• Monitor and advise on regulatory reform developments in North East Asia regions including Hong Kong, China, Japan, Korea.
People & Talent
• Build strong relationships with relevant business stakeholders and functions.
Risk Management
• Assist in the identification of material legal and jurisdictional risks for the relevant businesses.
• Anticipate and assesses key legal developments in the business for management consideration and help drive the development and implementation of appropriate legal framework.
• Undertake continual assessment of legal and documentation risks.
• Participate in the overall governance of a business.
• Determine adequacy, validity, and enforceability of contractual documentation.
Governance
• Review and provide legal signoffs for product and country governance documents.
• Design, develop and approve new product documentation and country specific documentation.
• Consider and analyse cross border legal and regulatory risks.
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Achieve the outcomes set out in the Bank’s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
Financial Markets business heads, structuring, sales located or supporting the Asia/GCNA region. Other functions and legal department colleagues supporting the GM Business.
Other Responsibilities
Embed Here for good and Group’s brand and values in Legal; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Qualification
• Approximately 5 to 10 years post-qualifying experience as a lawyer in China, Hong Kong or other commonwealth jurisdictions.
• Experience in Global Markets and derivatives work a key requisite. Chinese language proficiency (spoken and written) a priority and advantage.
Role Specific Technical Competencies
• Degree in Law
• Experience of financial markets and products, documentation, and regulations, in particular in respect of credit derivatives, structured credit, structured products and financing
• Relevant regional experience in Greater China and North Asia
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.