Business Function Group Legal, Compliance & Secretariat 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
Business unit receives practical, sound and timely advice on legal and regulatory issues pertinent to the private banking business
Business unit is kept apprised of changes and developments in laws and regulations which have an impact on the private banking business
Development of processes, policies and procedures designed to reduce legal and regulatory risk
Client complaints and litigation are properly managed.
Maintain strong internal relationships, and good collaborate with business and support units.
Client Documentation : Drafting, reviewing and updating standard client account documentation.
Other Legal Documentation : Drafting, reviewing and negotiating agreements with product issuers and other service providers. Drafting or updating legal documentation for new products or other business initiatives.
Policies and processes : Participate in the development of processes, policies, procedures and guidelines to meet best practice regulatory and industry standards.
Advisory : Provide timely and practical advice and recommendations on legal and regulatory issues pertinent to the private banking business, including product offerings, new business initiatives and legal or regulatory developments. This may include providing legal and regulatory support to overseas locations with a PB presence such as Hong Kong, Dubai, London and Thailand.
Client Complaints / Litigation : Providing legal support and advice on how to manage and address client complaints and litigation.
At least 6 to 8 years post-qualification experience, preferably with experience of working with or for financial institutions engaged in wealth management/private banking business
Qualified Lawyer in Singapore with Bachelor of Laws
Strong drafting and analytical skills, organised and motivated.
Strong risk awareness and sound risk management skills.
Able to work in a team as well as independently.
Confident and able to deal with all levels of management throughout the bank.
Able to demonstrate clear commercial application of legal and regulatory knowledge, and to balance legal or regulatory risks against commercial needs
Knowledge of banking and financial services laws and regulations, wealth management/private banking business and financial products preferred.
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.