02/01 Sonam Bhanuka
HR at HSBC

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HSBC - Vice President - Legal - Client Documentation Group - LLB/LLM (12-18 yrs)

Bangalore Job Code: 649327

Purpose of Department: 

- The Client Documentation Group (CDG) is part of the GBM Legal Department and provides advice, guidance and support to Global Banking and Markets by negotiating and executing master trading documentation such as the ISDA Master Agreement and Credit Support Annex (foreign exchange and derivatives trading), the Global Master Repurchase Agreement or Master Repurchase Agreement (repo trading) and the Global Master Securities Lending Agreement (securities lending/borrowing) and other industry-standard documentation.

- Ensure that completed documentation provides appropriate credit and legal protection for the Bank.

- The role holder, VP - Client Documentation Group, India is responsible for the day to day operations and delivery of the India-based Offshore CDG team and is responsible for managing the legal risk contained within the suite of documents, which will increase overtime as part of the broader offshoring strategy of the Global Legal Function.

JD:

- The role holder is responsible for the drafting and negotiating of the various types of agreement, and projects involving legal research for a global network of stakeholders.

Role Holder is accountable to the Deputy General Counsel, GBM Legal for completion of tasks which includes but not limited to:

- Negotiation Support / Legal Drafting

- Pre Execution Legal Capacity Checking

- Change Management

- Technology / Workflow

- Process Re-engineering

- Ad-hoc projects within CDG/GBM Legal

- Given the unique position of being in the GSC, the individual will be required to bring standardization, where possible, across the documentation process across regions and therefore requires an individual to have the drive to establish and share best practices.

- The role holder will play a key role in the development of legal offshoring strategy

- As an SME, the role holder acts as the second point of contact for any query the onshore legal negotiation team might have, and advises senior management in strategic decisions relating to process and generic operations and workflow management.

- The role holder will be a key member of the Global Client Documentation Group management team, providing thought leadership towards the ultimate delivery of the TOM. Promote a strong sense of teamwork to ensure all areas work collaborative and as efficiently as possible.

- The role reports to VP Operations

- Second level of escalation for the offshore team

- Responsible for the smooth functioning of the teams

- Ensure the team's priorities are aligned with Sr. Management priorities

- Role holder must understand the current state assessment of the process across key regions with a view to identify gaps and then bridge them in active consultation with the Global Head of Client Documentation Group & Head of Asia Pacific Service Centers

- The role holder might be required to multi hat and manage different processes within GBM as part of being the senior Management team in GBM Service Centre in line with the requirements from the GBM Site Head.

- Responsible for work load management and delivery of volumes and quality which will include assigning and allocation of tasks in timely and in an accurate manner

- Management of diverse teams with multiple deliverables and skill sets.

- Different regions may require the teams to work in different time zones.

- Business process reengineering and improving productivity.

- Maintaining proper communications structure within teams as well as with the senior onshore business/stakeholders (GCB 3 & above) who are part of CDG/GBM Legal.

- Motivating the team to achieve team goals as well as Onboarding targets. Client/people engagement levels.

- Role holder will engage very closely with senior stakeholders across product categories and client management within Banking Middle Office and associated functions in charting out a very effective documentation process including definition of fully aligned desk instruction manual across all stakeholders who are involved in the process along with service and performance level agreements

- Role holder will manage day to day negotiations process in close association with downstream functions

- Offshore Client Documentation team is expected to witness significant expansion of scope of work over the next 12 months as the pre execution support footprint expands beyond traditional CDG coverage sites and also into GBM Legal. The role holder will be managing legal professionals.

- Responsible in maintaining work environment which encourages creativity, defect free implementation of procedures and maintains high productivity levels through continuous improvement.

- Responsible for the development of team through coaching/counselling and identifying appropriate training & development requirements and to lead and motivate staff with differing aspirations working in productivity based environment where deadlines are critical Customers / Stakeholders

- Proactively develop understanding of the business and product area thus creating a knowledge base with in Offshore Client Documentation team

- Engage with, and influence key stakeholders from existing and prospective business areas globally, to improve the banks on-boarding proposition and achieve efficiency targets set for the year.

- Implement processes and policies to deliver excellence in customer service.

Skills/Experience Required : 

- Law graduate or post graduate with 12 plus years of relevant work experience within the banking / financial services industry including experience in treasury documentation, regulatory & compliance matters

- Experience of successfully managing teams of highly skilled individuals/legal professionals; able to motivate and set the tone for the team

- Evidence of very good prioritizing, planning and organizing skills.

- Ability to comprehend and minimize operational risks including wide understanding of Legal risk, audit controls and compliance requirements.

- Ability to manage and develop a team staff across a diverse range of processes/products in order to equip them to handle scope expansion and also to handle any legal research work for GBM Legal teams.

- Proven ability of innovativeness and challenging the status quo.

- Ability to bring analytical rigor and structure to poorly defined problems

- The ability to multitask in a fast paced environment

- Exceptional communication skills and the ability to communicate appropriately across all levels of the organization; this includes written and verbal communications as well as visualizations.

- Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy, including the Group Compliance Policy.

- Must have good judgmental skills to balance between seeking clarification and taking ownership

- Be aware of the Operational Risk scenario associated with the role and act in a manner that takes account of operational risk considerations.

- To maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

- Need to be aware of the Operational Risk scenario associated with their role, and to ensure that all actions during their employment with HSBC take account of the likelihood of operational risk occurring.

- Overall financial services industry knowledge and familiarity with functioning of one or more Business areas / Global functions combined with a strong understanding of relevant Banking operational practices

- Actively participate & contribute to the team in improving processes, productivity & quality of service maximising efficiency

- Excellent teamwork and leadership skills.

- Analytical skills, with ability to recognize areas for development.

- A positive self-starter.

- Evidence of strategy design implementation with sound understanding of internal / external business environment.

- Evidence of having taken difficult decisions in a complex operational environment including HR related issues.

- Evidence in quality improvement, reducing cost and increase in productivity.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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