Senior Legal Counsel - ECM
Role Title: Senior Legal Counsel
Business: Legal
New or Existing Role? Existing
Grade: GCB4
Role Purpose
Impact on Business
Role Context
• The jobholder assists GBM senior management to manage legal risk across the GBM business in accordance with established policies and procedures. The diversity of HSBC's business, its geographic spread and the constant changes internally and externally means the diversity of matters which the jobholder is required to manage and advise on is very wide.
• The role requires an understanding of the structure of the HSBC Group and its culture and the ability to handle increasingly complex legal issues.
• The jobholder must also establish close mutually supportive working relationships with other members of the GBM Legal team and the Global Legal Function.
• The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation.
• This will be achieved by consistently displaying the behaviours that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action in relation to points raised by audit and/or external regulators.
• The jobholder is responsible for managing and mitigating operational risks in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the 'Three Lines of Defence'. The jobholder should ensure they understand their position within the Three Lines of Defence, and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required.
• The following statement is only for roles with core responsibilities in Operational Risk Management (Risk Owner, Control Owner, Risk Steward, BRCM, and Operational Risk Function)
• The jobholder has responsibility for overseeing and ensuring that Operational risks are managed in accordance with the Group Standards Manual, Risk FIM, & relevant guidelines & standards. The jobholder should comply with the detailed expectations and responsibilities for their core role in operational risk management through ensuring all actions take account of operational risks, and through using the Operational Risk Management Framework appropriately to manage those risks.
• This will be achieved by:
• Continuously reassessing risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
• The jobholder will adhere 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 jobholder will implement the Group compliance policy by adhering to all relevant processes/procedures. The term 'compliance' embraces all relevant financial services laws, rules and codes with which the business has to comply.
• This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators. Through the implementation the Global AML, Sanctions and ABC Policies, supporting Guidance, and Line of Business Procedures the jobholder will make informed decisions in accordance with the core principles of HSBC's Financial Crime Risk Appetite.
• The following statement is only for roles with managerial or specific Compliance responsibilities
• The jobholder will implement measures to contain compliance risk across the business area. This will be achieved by liaising with Compliance department about business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.
Qualifications
Knowledge & Experience / Qualifications
• Qualified Lawyer
..... click apply for full job details
Business: Legal
New or Existing Role? Existing
Grade: GCB4
Role Purpose
- To provide expert and professional legal advice, guidance and support to ensure that the legal and reputational risk of the relevant area are identified, reported and mitigated.
- To provide legal advice and support to the GBM Equity Capital Markets (ECM) business in relation to all aspects of ECM issuance and origination, including IPOs, rights issues, convertible and exchangeable bonds and block trades.
- To provide legal advice, guidance and support primarily to ECM, including Syndicate and ECM originators, on legal risk issues relating to ECM matters, including disclosure issues, market abuse and corporate broking matters.
Impact on Business
- Provide counsel and legal support on a variety of legal matters, or in a specialist area, including matters that may be complex or may have some impact.
- To be considered to be a trusted adviser to the business by ensuring that commercially sensitive, pragmatic and practical legal support and advice is provided in a cost-effective manner to GBM departments.
- Provide support and guidance to GBM departments with regard to legal risks arising in jobholder's area of expertise.
- Provide prompt, commercial, practical and sometimes complex (under supervision) and / or specialized legal advice to GBM departments.
- Be proactive in the provision of legal support and in advising the business promptly of material legal developments and their implications.
- Ensure senior legal management is fully briefed on major issues arising in relevant business area and major legislative changes in area of expertise.
- Recommend selection of panel law firms and other appropriate external parties.
- Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets.
- Support achievement of the HSBC vision, Values, goals and culture in personal behaviour, actions and decision making.
- Provide technical leadership and support technical excellence by searching out external best practice, monitoring technical and professional developments, sharing knowledge and encouraging others to do the same in the best interests of HSBC and its customers.
- Encourage and enable constructive cross-country and cross-business teamwork by demonstrating collaboration and matrix management in action and challenging actions and behaviours that are not consistent with HSBC's diversity policy and/or the best interests of the business and its customers.
- Develop and recommend changes and improvements to operating models, procedures and practices based on subject matter expertise and understanding of HSBC and market best practice.
- Communicate and adhere to HSBC policy and procedures in order to ensure good operational, financial and project management, policy and procedural compliance and early identification and effective resolution or escalation of issues that arise.
- Contribute to the development, implementation and maintenance of relevant management information, analysis and reporting framework that supports and informs timely and effective business management and decision making at all levels in the relevant area of Global Legal.
- Contribute to the implementation and monitoring of the application of relevant policies, governance frameworks, procedures, practices and standards to ensure quality, effective risk management and regulatory compliance.
- Ability to adapt workstyle to meet complex and varied workloads.
- Ability to prioritize workloads in terms of legal risk and commercial consideration.
- Maintain knowledge of HSBC Group operations and policies.
- Ability to think independently being mindful of maintaining an appropriate balance between management and mitigation of legal risk and business efficacy.
- Deepening knowledge of areas of specialty with ability to take a view as to how law is developing in order to advise client and reach a solution.
- Increasing ability to handle more complex tasks with less supervision.
- Enhanced relationship with higher levels of management inspiring confidence of customers/stakeholders.
Role Context
• The jobholder assists GBM senior management to manage legal risk across the GBM business in accordance with established policies and procedures. The diversity of HSBC's business, its geographic spread and the constant changes internally and externally means the diversity of matters which the jobholder is required to manage and advise on is very wide.
• The role requires an understanding of the structure of the HSBC Group and its culture and the ability to handle increasingly complex legal issues.
• The jobholder must also establish close mutually supportive working relationships with other members of the GBM Legal team and the Global Legal Function.
- Works largely autonomously, but seeks management input on unusual situations, highly complex issues, and matters that may pose significant legal, financial and / or reputational risk to the company.
- Primary businesses jobholder will provide legal advice, support and legal risk management to is: GBM Equity Capital Market
- Number of direct reports: 0
- Functional reporting lines to or from: n/a
- Job-holder will be part of approx. a 70 person team in GBM Legal in London
• The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation.
• This will be achieved by consistently displaying the behaviours that form part of the HSBC Values and culture and adhering to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action in relation to points raised by audit and/or external regulators.
• The jobholder is responsible for managing and mitigating operational risks in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the 'Three Lines of Defence'. The jobholder should ensure they understand their position within the Three Lines of Defence, and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required.
• The following statement is only for roles with core responsibilities in Operational Risk Management (Risk Owner, Control Owner, Risk Steward, BRCM, and Operational Risk Function)
• The jobholder has responsibility for overseeing and ensuring that Operational risks are managed in accordance with the Group Standards Manual, Risk FIM, & relevant guidelines & standards. The jobholder should comply with the detailed expectations and responsibilities for their core role in operational risk management through ensuring all actions take account of operational risks, and through using the Operational Risk Management Framework appropriately to manage those risks.
• This will be achieved by:
• Continuously reassessing risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
- Ensuring all actions take account of the likelihood of operational risk occurring, addressing areas of concern in conjunction with Risk and relevant line colleagues, and also by ensuring that actions resulting from points raised by internal or external audits, and external regulators, are correctly implemented in a timely fashion.
• The jobholder will adhere 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 jobholder will implement the Group compliance policy by adhering to all relevant processes/procedures. The term 'compliance' embraces all relevant financial services laws, rules and codes with which the business has to comply.
• This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators. Through the implementation the Global AML, Sanctions and ABC Policies, supporting Guidance, and Line of Business Procedures the jobholder will make informed decisions in accordance with the core principles of HSBC's Financial Crime Risk Appetite.
• The following statement is only for roles with managerial or specific Compliance responsibilities
• The jobholder will implement measures to contain compliance risk across the business area. This will be achieved by liaising with Compliance department about business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.
Qualifications
Knowledge & Experience / Qualifications
• Qualified Lawyer
..... click apply for full job details