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Global Legal plays an important role in protecting the Group’s reputation by helping to future-proof the organisation through robust legal risk and issue advisory. Responsible for providing comprehensive legal advice to senior management and all global businesses and functions, the team offers a diverse range of legal skills, jurisdictional experience and practice specialisms across all countries and territories in which our businesses operate.
We are currently seeking a high calibre professional to join our team as a Senior Legal Counsel - Market and Securities Services.
Principal Responsibilities
The role-holder will be part of the legal team that provides legal advice and support to the Global Markets (GM) business and the Securities Services (SSv) businessProvide legal support in respect of GM and SSv products and initiatives (including digital innovation, and development of digital platforms, services and products)Develop and maintain legal and contractual templates Liaising with external counsel when necessary and in a cost-effective mannerProvide legal support to and collaborate with other functions and teams (such as Regulatory Compliance, Risk and Global Legal Services) that support the GM business and the SSv businessParticipate in and provide legal support for various local and regional projects and initiativesPerform Legal function’s role as the second line of defence in the Group’s risk management framework and partnering the GM business and the SSv business in Singapore in addressing non-legal issues and risks (such as reputational risk and conduct risk)Attending and presenting at various risk and fiduciary forums, steering committees, board meetings (as required).Liaise on a regular basis across the relevant business areas and functions and with Legal function regionally and globally (as needed)The GM business covers:
OTC derivatives transactions and other GM products and initiativesAssisting with GM documentation (such as drafting and reviewing ISDA Master Agreements, trade confirmations and product term sheets)The SSv business covers:
Direct Custody and ClearingGlobal CustodyInvestor ServicesReal Estate Investment TrustsTrustee and Fiduciary ServicesFund Services.General responsibilities for the role:
To be the accountable lawyer to the executives of the area on all material legal issues that the business facesExecute against relevant policies and procedures for the relevant area of coverage to ensure that Legal's role in the second line of defence can be executedAdvising relevant Management on non-standard legal, and conduct and reputational risksEvaluating and responding to changes in legal and regulatory requirements as they ariseProvide expert and professional legal advice, guidance and support to ensure that the legal and reputational risk of the relevant area are identified, reported and mitigatedIdentify new legal, regulatory and market developments that can affect business activities, and educate our business teams on how these developments may affect their businessEnsure senior legal management is fully briefed on major issues arising in relevant business area and major legislative changes in area of expertiseMaintain and develop positive and professional working relationships with business managers, stakeholders and the Global Legal function Recommend selection of panel law firms and other appropriate external parties