Job Summary

This role could be based in UK and SG. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country where the role is based.

To  provide subject matter legal expertise to support Global Markets (GM) globally, focussed on the Group’s strategic objectives for Commodities, including:

•    Lead and provide legal support to the GM Commodities derivatives, trading, physicals and financing business, including Physical Commodity Solutions, Energy transition trading, Precious Metals lending, banking and trading and commodities trading;
•    Support the development of the Carbon/emissions markets, Environmental, Social & Governance (ESG) GM products and related regulatory change, and innovative special projects in GM, with a focus on Commodities, as the need arises; and Support new initiatives, infrastructure and policy issues relating to GM, with a focus on Commodities.

Strategy
•    Provide general structuring, product, regulatory and transactional legal advice and support.
•    Provide training on legal/documentation product and regulatory matters and legal policies and procedures.

Business
•    Assist in the identification of material legal risks and opportunities for the relevant businesses.
•    Anticipate and assess key legal developments in the business for management consideration and help drive the development and implementation of appropriate legal and decision-making frameworks.
•    Help country legal teams globally with subject matter expertise as required, particularly regarding legal documentation and product approvals.
•    Review and provide legal signoffs for product governance documents.
•    Design, develop and as relevant approve new product documentation and country specific documentation.
•    Build strong relationships with relevant business stakeholders and functions.

Key Responsibilities

Risk Management
•    Determine the adequacy, validity, and enforceability of contractual documentation.
•    Manage documentation templates and automation.

Governance
•    Monitor and advise on regulatory reform developments globally
•    Control, monitor and report external legal spending.

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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Skills and Experience

•    Commercial Law
•    Legislative Analysis
•    Business Acumen
•    Regulatory Framework and Requirements (SIF)
•    Legal Function

Qualifications

Technical Knowledge
•    Core technical knowledge of laws and regulations applicable to the relevant businesses for which he / she is responsible, along with a general understanding of variations in such laws and regulations across relevant jurisdictions.
•    Has a strong grasp of the sales and transactional activities of the business, its operating model, and its key risks.

Experience and knowledge
•    Professional qualification as a lawyer.
•    Substantial experience of the relevant financial markets and products, documentation, and the relevant developing regulatory environment relevant to Commodities and ESG.
•    Deep knowledge and experience in GM’s products particularly for Commodities, physical, futures and OTC markets for derivatives and financing. Experience in structured commodity financing and energy trading is particularly relevant
•    Familiarity with, and have experience working on, ISDA/ EFET documentation, credit support documentation, repo, clearing house documentation, and physical commodity trading & financing documentation, confirmations and termsheets in relation to GM transactions.

Character and skills
•    Strong analytical and legal skills.
•    Personal authority and integrity. Independence and resilience.
•    Ability to coordinate and lead across different cultures, functions, and geographies.

Judgment
•    Many issues which arise in the course of drafting or negotiating documentation are not legal issues but involve aspects of credit, market, event or operational risk.  Must be able to understand the nature of these risks and meaningfully contribute from a legal perspective to developing and implementing the processes that mitigate these risks.
•    Ability to adapt approach to a range of legal systems and risk environments.

Certifications     Professional qualification as a lawyer.

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.