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VP/AVP, Business Legal & Compliance (Institutional Banking Group & Global Transaction Services)

DBS Bank (Hong Kong) Limited Hong Kong
Posted 1 day ago Permanent Competitive

VP/AVP, Business Legal & Compliance (Institutional Banking Group & Global Transaction Services)

DBS Bank (Hong Kong) Limited Hong Kong
Business Function

Group Legal, Compliance & Secretariat (LCS) 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.

Responsibilities

The role mainly supports DBS' GTS business, including trade finance, cash management and digital initiatives. The successful candidate will work closely with business, product, operations and risk teams to support the development and delivery of transaction banking solutions.
  • Provide the following support to GTS:-
1) provide legal support and manage legal risks arising from the activities and operations undertaken by GTS;

2) provide critical risk assessment of transactions, structures and new initiatives;

3) monitor and advise on existing and new laws and regulations;

4) structure, draft, review, negotiate and revise customers facing and inter-bank documentation;

5) work with GTS on bespoke cross-border transaction structures;

6) work with GTS to develop and maintain standard documentation templates for specific transactions, structures or products;

7) work with GTS, to develop and issue guidelines and processes on specific matters to manage legal risks;

8) assist in any investigations, mediation and complaints involving GTS;

9) manage key litigation by and against DBS.
  • Assist to manage DBS' relationships with external law firms to ensure high quality, practical and succinct advice in a timely and cost-effective manner.
  • Participate or advise on key projects and initiatives of GTS.
  • Work with Group Legal supporting GTS on any regional projects and initiatives.
  • Work closely with Compliance to manage DBS' regulatory risks.
Requirements
  • Hong Kong qualified lawyer.
  • A minimum of 5-year relevant post-qualification experience in private practice or financial institution.
  • Demonstrated experience advising on trade finance products (open account, main trade) is essential.
  • Strong drafting and negotiation skills.
  • Ability to develop a rapport with businesses but maintaining independence.
  • Ability to build strategic working relationship with all business and support units.
  • Good interpersonal skills, as a good team player, ability to work with business units and other support units.
  • Good business focus with insights, innovation and the ability to balance risk and control.
  • Good sense of ownership.
  • Knowledge of relevant banking, securities and other financial services related laws or regulations and operations as well as knowledge of the different products and services offered by DBS.
  • Good communication and presentation skills.
  • English and Chinese language skills (spoken and written).
  • Agile, willing to engage in active learning with a growth mindset.
Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

Location:
One Island East

Job:
Legal & Compliance

Schedule:
Regular

Employee Status:
Job ID  WD84608
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