Senior Legal Counsel

Role Responsibilities
Provide legal counsel to the Bank's Digital Channels & Data Analytics Business which supports the Bank's Corporate, Commercial and Institutional Banking Business, Transaction Banking and others.

Responsibilities

• Provide legal support for Digital Channels and Data Analytics (the "Business") and Project Harmony globally. Project Harmony is the Business led digital acceleration journey for the Bank's Corporate, Commercial and Institutional Banking business with the objectives of improving client experience, growing client segments and revenues and lowering costs of delivering the Bank's services across our network.
• Review, advise, structure and approve new (and variations of) products, services and solutions, ensuring adequate protections and compliance with Bank's policies and risk appetite.
• Develop and/or update global template agreements, ensuring they are fit for purpose, balanced, promote standardisation, simplification and meet minimum bank standards including relevant policies; drive projects and global initiatives to update, streamline and simplify legal documentation and approval frameworks.
• Provide product advisory legal support to Regional/ Country Legal when they are supporting Business in negotiating client or third party contracts in Region/ Country.

Processes

• Responsible for enforceability of legal agreements

Risk Management

• Act as Risk Framework Owner for legal enforceability risks of contracts related to the Business.
• Responsible for ensuring that legal enforceability and non-legal enforceability risks (such as ICS, data privacy, operational resilience, regulatory) are managed as per the relevant risk and control frameworks, policies and standards.
• Assist in identifying, assessing and mitigating risks (including non-legal enforceability risk types such as ICS, data privacy, regulatory, operational resilience, responsible AI, intellectual property, technology and performance related risks) through suitable contractual terms with clients and third parties.
• Assist in identifying, assessing and mitigating risks (including non-legal enforceability risk types such as ICS, data privacy, operational resilience, responsible AI, intellectual property, technology and performance related risks) associated with the roll-out of digital channels, solutions and other initiatives globally.
• Assist in identifying, assessing and mitigating risks including regulatory, reputational and legal liability risks in cases of potential regulatory incidents.

Governance

• Awareness and understanding of the governance and regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Provide effective oversight, advice and challenge on the formulation and implementation of risk and control frameworks, policies and standards for the Business.
• Provide effective oversight, advice and challenge at various risk governance and product refinement fora.
• Advise Business and other stakeholders on the contractual requirements with clients and third parties consistent with the relevant risk and control frameworks, policies and standards.

Key stakeholders

• Digital Channels & Data Analytics Business
• Cash Business
• Trade Business
• Second line risk owners (especially within Legal and Compliance, Financial Crimes & Conduct ("CFCC"))

Our Ideal candidates

• Educational background to degree level
• Qualified Lawyer in a common law jurisdiction with 6+ years experience.
• Legal experience in technology, data security and privacy matters, in particular in relation to e-channels, e-platforms and e-Commerce services.
• Understanding of the key features of relevant laws and regulations applicable to the Business is an advantage.

Role Specific Competencies

• 3+ Years of Legal experience in technology, data security and privacy matters, in particular in relation to e-channels, e-platforms and e-commerce services.
• Personal authority and integrity
• Understanding of the key features of relevant laws and regulations applicable to the Business
• Analytical and innovative legal skills