Job Description
Job description
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (-nCoV), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some Careers grow faster than others.
If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately helping people to fulfil their hopes and realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Legal Counsel.
Global Legal Services (GLS) Legal provides support to the GBM & CMB businesses. The main GLS businesses are Banking, Markets, Capital Financing, Securities Services and the shared products of Global Trade and Receivables Finance, and Payments and Global Liquidity & Cash Management.
Legal General provides support to GLS, Wealth & Personal and Commercial Banking Customers relating to distinct and diversified customer queries. The same includes businesses from small enterprises and mid-market companies to large multinationals along with Individuals banking with HSBC. The Legal team further supports Group Legal in due diligence reviews globally including risk assessment and monitoring, information and cyber security reviews and end to end on boarding. Provide legal support on a variety of legal matters like NDAs, Global Trade Receivable Finance Standard Trade Terms, Board Resolutions, CASS Letters, Partnership Agreements, Trade Registers, POAs. Ensure that completed documentation provides appropriate credit and legal protection for the Bank.
The Opportunity:
The role holder, Legal Counsel – Global Legal Services, Bangalore is responsible for the day to day operations and delivery of the India-based Offshore GLS team and is responsible for managing the legal risk contained within the suite of documents, which will increase overtime as part of the broader offshoring strategy of the Global Legal Function.
The role holder is responsible for –
• the drafting and negotiating of Non- Disclosure Agreements, Standard Trade Terms for processing core trade transactions and trade flows, Facility Agreements and other related agreements for any loan facility, Deposit Account Control Agreement, PoAs, Indemnity Letters and Waiver Letters. Further, negotiations or queries on standard templates for Charged & Secured Accounts and Account Mandates
• Prepare opinion letters for customers in Wealth and Personal Market, familiarity with security/collateral related issues, particularly lien/charges on security or all assets and familiarity with most types of loan related documents, including credit agreements, security agreements, indemnities, UCC's, guaranties, subordination agreements, deed of priority and inter-creditor agreements
• Well versed with Contracts Act, Company Law, Partnership Act, Competition Law and other related legislations to conduct proper due diligence on various entities/customers in order to on board such clients globally
• Familiarity with laws relating to Intellectual Property Rights, Competition Act, Sanctions & AML Act along with Banking regulations (HKMA, Banking Regulation ) & Common Wealth Laws Ensure end to end execution of a request, including liaising with stakeholders, drafting, negotiating, updating database and archiving emails, as appropriate and projects involving legal research for a global network of stakeholders.
What you'll do:
• Responsible for work load management and delivery of volumes and quality which will include assigning and allocation of tasks in timely and in an accurate manner
• Effective and timely communication of matters requiring consideration and decision to the Regional Heads and Global Head of the function
• Motivating the team to achieve team goals as well as Onboarding targets
• Shall engage very closely with senior stakeholders across product categories and client management within Banking Middle Office and associated functions in charting out a very effective documentation process including definition of fully aligned desk instruction manual across all stakeholders who are involved in the process along with service and performance level agreements
• Following appropriate processes and procedures and understanding statutory and regulatory obligations
• Responsible in maintaining work environment which encourages creativity, defect free implementation of procedures and maintains high productivity levels through continuous improvement
• Responsible for the development of team through coaching/counselling and identifying appropriate training & development requirements and to lead and motivate staff with differing aspirations working in productivity based environment where deadlines are critical
• Developing and maintaining information flows to and within the GLS Regional teams
• Contributing to the development and implementation of drafting and negotiating best practices
• Supporting the process for the annual review of terms of reference and effectiveness
• Ensuring costs and expenses are met by the relevant business/cost code wherever possible
• Suggesting improved processes to increase efficiency, control costs and avoid operational losses within the Department
• Addressing any areas of concern in conjunction with line management and/or the appropriate department
• Working closely with and influencing internal stakeholders and SMEs globally
• Senior stakeholder management
• Delivery of a high quality service with a complex set of activities against the backdrop of both the external legal and regulatory framework and the internal control framework of the Group Standards Manual Working in a pressurized, time sensitive environment Requirements
What you will need to succeed in the role:
• Law degree from a recognized and reputed Law College/University in India or Overseas.
• Legal qualification with 8 years plus of relevant experience of relevant work experience within the banking/financial services industry
• Ability to effectively engage and negotiate with senior stakeholders, demonstrating considered foresight and highly developed interpersonal skills
• Experience of successfully managing teams of highly skilled individuals; able to motivate and set the tone for the team
• Ability to manage and develop a team staff across a diverse range of processes/products in order to equip them to handle scope expansion and also to handle any tasks for Legal teams
• Able to deal with and constructively resolve conflicting views and where necessary, escalate to senior management in a clear and succinct manner
• Be change oriented and able to cope with pressure and tight deadlines
What additional skills will be good to have?
• Able to understand and consolidate diverse and complex business information and identify/mitigate risk issues
• Evidence of very good prioritizing, planning and organizing skills
• Minimum 7 years' experience working in a legal process involving advisory, drafting/vetting agreements/contracts Ability to manage and develop a team staff across a diverse range of processes/products in order to equip them to handle scope expansion and also to handle any tasks for Legal teams
• Proven ability of innovativeness and challenging the status quo
• Exceptional communication skills and the ability to communicate appropriately across all levels of the organization; this includes written and verbal communications as well as visualizations
• Ability to deal effectively with ambiguity, complex matrix environment and multiple stakeholders
• Ability to look at the bigger picture as well as have a keen eye for detail
• Strong analytical capability with the ability to synthesis complex data
• Outstanding written/verbal communication and presentation skills
• Creative approach to problem solving
You'll achieve more at HSBC
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, ****** orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role."
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
• Issued By HSBC Electronic Data Processing (India) Private LTD
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (-nCoV), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some Careers grow faster than others.
If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately helping people to fulfil their hopes and realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Legal Counsel.
Global Legal Services (GLS) Legal provides support to the GBM & CMB businesses. The main GLS businesses are Banking, Markets, Capital Financing, Securities Services and the shared products of Global Trade and Receivables Finance, and Payments and Global Liquidity & Cash Management.
Legal General provides support to GLS, Wealth & Personal and Commercial Banking Customers relating to distinct and diversified customer queries. The same includes businesses from small enterprises and mid-market companies to large multinationals along with Individuals banking with HSBC. The Legal team further supports Group Legal in due diligence reviews globally including risk assessment and monitoring, information and cyber security reviews and end to end on boarding. Provide legal support on a variety of legal matters like NDAs, Global Trade Receivable Finance Standard Trade Terms, Board Resolutions, CASS Letters, Partnership Agreements, Trade Registers, POAs. Ensure that completed documentation provides appropriate credit and legal protection for the Bank.
The Opportunity:
The role holder, Legal Counsel – Global Legal Services, Bangalore is responsible for the day to day operations and delivery of the India-based Offshore GLS team and is responsible for managing the legal risk contained within the suite of documents, which will increase overtime as part of the broader offshoring strategy of the Global Legal Function.
The role holder is responsible for –
• the drafting and negotiating of Non- Disclosure Agreements, Standard Trade Terms for processing core trade transactions and trade flows, Facility Agreements and other related agreements for any loan facility, Deposit Account Control Agreement, PoAs, Indemnity Letters and Waiver Letters. Further, negotiations or queries on standard templates for Charged & Secured Accounts and Account Mandates
• Prepare opinion letters for customers in Wealth and Personal Market, familiarity with security/collateral related issues, particularly lien/charges on security or all assets and familiarity with most types of loan related documents, including credit agreements, security agreements, indemnities, UCC's, guaranties, subordination agreements, deed of priority and inter-creditor agreements
• Well versed with Contracts Act, Company Law, Partnership Act, Competition Law and other related legislations to conduct proper due diligence on various entities/customers in order to on board such clients globally
• Familiarity with laws relating to Intellectual Property Rights, Competition Act, Sanctions & AML Act along with Banking regulations (HKMA, Banking Regulation ) & Common Wealth Laws Ensure end to end execution of a request, including liaising with stakeholders, drafting, negotiating, updating database and archiving emails, as appropriate and projects involving legal research for a global network of stakeholders.
What you'll do:
• Responsible for work load management and delivery of volumes and quality which will include assigning and allocation of tasks in timely and in an accurate manner
• Effective and timely communication of matters requiring consideration and decision to the Regional Heads and Global Head of the function
• Motivating the team to achieve team goals as well as Onboarding targets
• Shall engage very closely with senior stakeholders across product categories and client management within Banking Middle Office and associated functions in charting out a very effective documentation process including definition of fully aligned desk instruction manual across all stakeholders who are involved in the process along with service and performance level agreements
• Following appropriate processes and procedures and understanding statutory and regulatory obligations
• Responsible in maintaining work environment which encourages creativity, defect free implementation of procedures and maintains high productivity levels through continuous improvement
• Responsible for the development of team through coaching/counselling and identifying appropriate training & development requirements and to lead and motivate staff with differing aspirations working in productivity based environment where deadlines are critical
• Developing and maintaining information flows to and within the GLS Regional teams
• Contributing to the development and implementation of drafting and negotiating best practices
• Supporting the process for the annual review of terms of reference and effectiveness
• Ensuring costs and expenses are met by the relevant business/cost code wherever possible
• Suggesting improved processes to increase efficiency, control costs and avoid operational losses within the Department
• Addressing any areas of concern in conjunction with line management and/or the appropriate department
• Working closely with and influencing internal stakeholders and SMEs globally
• Senior stakeholder management
• Delivery of a high quality service with a complex set of activities against the backdrop of both the external legal and regulatory framework and the internal control framework of the Group Standards Manual Working in a pressurized, time sensitive environment Requirements
What you will need to succeed in the role:
• Law degree from a recognized and reputed Law College/University in India or Overseas.
• Legal qualification with 8 years plus of relevant experience of relevant work experience within the banking/financial services industry
• Ability to effectively engage and negotiate with senior stakeholders, demonstrating considered foresight and highly developed interpersonal skills
• Experience of successfully managing teams of highly skilled individuals; able to motivate and set the tone for the team
• Ability to manage and develop a team staff across a diverse range of processes/products in order to equip them to handle scope expansion and also to handle any tasks for Legal teams
• Able to deal with and constructively resolve conflicting views and where necessary, escalate to senior management in a clear and succinct manner
• Be change oriented and able to cope with pressure and tight deadlines
What additional skills will be good to have?
• Able to understand and consolidate diverse and complex business information and identify/mitigate risk issues
• Evidence of very good prioritizing, planning and organizing skills
• Minimum 7 years' experience working in a legal process involving advisory, drafting/vetting agreements/contracts Ability to manage and develop a team staff across a diverse range of processes/products in order to equip them to handle scope expansion and also to handle any tasks for Legal teams
• Proven ability of innovativeness and challenging the status quo
• Exceptional communication skills and the ability to communicate appropriately across all levels of the organization; this includes written and verbal communications as well as visualizations
• Ability to deal effectively with ambiguity, complex matrix environment and multiple stakeholders
• Ability to look at the bigger picture as well as have a keen eye for detail
• Strong analytical capability with the ability to synthesis complex data
• Outstanding written/verbal communication and presentation skills
• Creative approach to problem solving
You'll achieve more at HSBC
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, ****** orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role."
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
• Issued By HSBC Electronic Data Processing (India) Private LTD
💡 Quick Summary
Seeking a career-building opportunity? The Legal Counsel GSC|s position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
