Country General Counsel: HSBC Channels Islands & Isle of Man
We are looking for a progressive and forward-thinking lawyer to lead HSBC Channel Island & Isle of Man's ( CIIOM ) Legal Team through its next critical phase of growth and development. The role is based in the beautiful island of Jersey, which is within the British Isles but outside the United Kingdom and Europe.
Reflecting the CIIOM focus on Wealth & Personal Banking (WPB), the role will be double-hatted as General Counsel and lead lawyer for WPB.
The CIIOM General Counsel is a key member of the CIIOM Senior Executive Team, reporting functionally to the Deputy General Counsel, HBEU and locally to the CIIOM Chief Executive. The role additionally has a reporting line into the Global General Counsel, WPB.
HSBC CIIOM's business
HSBC CIIOM comprises business across the three Crown Dependencies of Jersey, Guernsey and the Isle of Man employing nearly 1100 staff. Each Crown Dependency is a separate jurisdiction with its own legislature and regulators and with a proud history and distinct culture.
The CIIOM business is primarily conducted through branches of HSBC Bank place ( HBEU ), though the Trust and Fiduciary Services business is operated through a Jersey incorporated company, HSBC Trustee (C.I.) Limited, the board of which is chaired by an independent non-executive director.
We are a “ Universal Bank ”, covering Wealth & Personal Banking, Global Private Banking, Trust and Fiduciary Services and Commercial Banking. There is also a niche Global Markets business. Our WPB business, which is a key investment priority for the Group, includes our market leading Expat banking business, which offers dedicated internet banking and wealth services to 70,000 internationally mobile, mainly British speaking, expatriate clients.
Our business is successful and growing, with a focus on local and international wealth and personal banking. The successful candidate will be critical in supporting this growth through the provision of expert and professional legal advice, guidance and support to ensure that the legal and reputational risk faced by HSBC CIIOM are identified, reported and mitigated. Given the importance of WPB, the successful candidate will have a proven track record in advising on a wide range of wealth products.
The CIIOM General Counsel is the accountable lawyer to the HSBC CIIOM Executive on all material legal issues that our businesses face and leads and manages the CIIOM Legal Team whilst working closely with Regional colleagues. The CIIOM Legal Team currently comprises seven lawyers.
· Implement strategic legal policies, and set local policies that ensure that CIIOM's exposure to legal and regulatory risk is managed in a commercially sensitive and practical manner
· Support CIIOM's senior management in the execution of business and operational strategies and initiatives
· Support the Regional Legal function in managing all material legal and regulatory issues involving the Group that arise in CIIOM;
· Manage the legal aspects associated with Group, Regional and Country transactions, projects or initiatives in CIIOM
· Participate in the key CIIOM country governance committees as required, including Executive Management Meeting, Risk Management Meeting, Financial Crime & Risk Management meeting and People Committee
· Participate in the principal governance committees of the WPB business, and through expert legal advice help to drive its ambitious growth plans within a sustainable legal risk framework
· Ensure that local management and the Regional legal Management are appropriately advised of material legal and regulatory developments and their implications
· Develop and communicate a clear vision for the accountable area of the Global Legal function that is aligned to the overall HSBC vision, Values and goals, and inspires and engages people to create an inclusive, high performing, customer-centered culture
· Leadership - Lead, develop and motivate the Legal team to attract, retain and develop the capacity, capability and talent to provide for succession and ensure delivery of business objectives.
· The job holder must have a minimum of ten years' relevant legal experience and must be able to demonstrate strong knowledge and practical experience in legislation, regulations and banking products relevant to our core wealth and personal banking business. A track-record in helping successfully develop digital initiatives, and managing their risk, will be a distinct advantage
· Ability to set expectations, share best practice and manage, monitor, coach and develop leaders and others to ensure that they maximise their performance, meet the required standards, and continuously develop their capabilities and experience
· The jobholder will ensure adherence to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes/procedures
· The role holder will also have proven experience of managing, developing and growing a legal function.
· The role holder will need to develop a good knowledge of the CIIOM legal and regulatory regime.
· The role holder will need to have the gravitas and drive to develop meaningful relationships with external stakeholders, including Regulators, Information Commissioners and Panel Law Firms.
HSBC CIIOM is committed to maintaining and developing a culture where all employees are valued and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment.
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 CIIOM.
For further details and application information please click “Apply”
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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.