Legal Counsel, Global Legal Services

Job description

Job description

Some careers grow faster than others.

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. 

Global Legal plays an important role in protecting the Group’s reputation by helping to future-proof the organization 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 an experienced professional to join this team in the role of  Legal Counsel, Global Legal Services .

This role sits within a team located in Kuala Lumpur, Malaysia as part of Global Legal Services (GLS) which is an arm of the Global Legal Function that is responsible for the management of client and ancillary documentation for the Markets and Securities Services business. 

In doing so, GLS is accountable for the timeliness, accuracy and risk management of the document content in accordance with HSBC’s policies.  This role seeks a confident, and independent working individual to manage and negotiate master client documentation for OTC derivatives, foreign exchange and/or securities financing documents with a focus on (1) PRC clients of the HSBC Group such as the following Chinese documentation: NAFMII (including PADs), NAFMII Repo, SAC Agreements and the following documentation in English: ISDA (including VM and IM CSAs), GMRAs and GMSLAs; and/or (2) Islamic derivatives with a focus on IIFM/ISDA Tahawwut Master Agreement.

Principal Acco untabilities:

·  To independently run a client documentation negotiation from case allocation to execution and in accordance with internal policies and procedures, including the escalation of deviations from standard clauses for internal approvals.
·  To identify and articulate  all material or non-standard legal, documentation and reputational risks that the business may be exposed to.
·  To execute 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 executed
·  To ensure that issues are escalated in a timely manner
·  To be able to evaluate and respond to changes in legal and regulatory requirements as they arise

Requirements

·  Graduated with a LLB or a master’s degree on law (with a GPA of [3.3] or higher (or equivalent)) from a top university or law school.
·  At least 2-3 years legal experience in a law firm or corporate environment, preferably within the financial or banking industry. Qualified lawyer an advantage.
·  Knowledge and experience of markets, derivatives, banking and securities law concepts an advantage.
·  Strong proficiency in English and Chinese (Mandarin) is a must. Knowledge of Cantonese, Arabic, Bahasa Malaysia is also preferred.
·  Strong IT skills – proficiency in MS Word and Excel.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation needed will be prioritized.

Opening up a world of opportunity.

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Issued by HSBC Bank Malaysia Berhad