Job Description
Specialist, Business Legal-(WD35518)Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.Key Accountabilities Business Enabler - Provide pragmatic and effective legal advice using research tools and interpretation skills to manage legal risk and achieve business objectives. As expert of laws, provide consultative guidance for Bank’s strategic goals, objectives and partnerships. Be a business partner to each business team/support team, establishing a close working relationship and acting as the single point of contact for all Institutional Banking Group, Global Trade Services, Priority Sector Lending, Retail Banking Group, Human resources, and Real Estate related legal issues. Manage and build relationships with external legal advisers, including ensuring high performance levels and appropriate billing. Act as liaison between DBS personnel and external legal advisers as appropriate. Co-ordinate with external legal advisers and internal functions and departments in effective management of suits filed against the Bank.Drafting and Negotiation – Assist in the review and negotiation process of contracts, letters of agreement, policies and other documents related to banking products and operational matters. Effectively manage outsourcing contracts and mortgages. Ability to innovate & standardize documents to make them customer friendly is crucial.Anticipate and manage legal risk - Identify, evaluate and address issues of legal risk in transactions related to retail banking products & services, institutional banking products & services (including but not limited to SME lending and Financial Institutional Group), Global Trade Services (including but not limited to Bank Guarantees, SBLC, Buyer’s Credit, Letter of Credit, Factoring, Bill Discounting, Supply Chain Finance, Pre-Export Finance, Transaction banking, Cash Management Solutions, Escrow services etc), Priority Sector lending, real estate, human resources, and technology services.Customer Focus - Participate in the development of transparent and legally sound process and policies. Conduct risk reviews and develop procedures designed to reduce legal risk. Develop trust and strong relationships with internal stakeholdersThink Strategically – Keep the team and units updated on changes in law. Job Duties & responsibilities Develop good understanding of consumer / retail banking products,
💡 Quick Summary
Seeking a career-building opportunity? The Specialist Business Legal position is now open for candidates interested in the Bank Jobs sector. This role in Chennai 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.