Assistant Legal Counsel with HSBC (Bengaluru, PQE: 5-6 Years): Apply Now!

Deadline Open Deadline

Location Bengaluru, Karnataka

Salary Salary details will be finalized during the interview process with the selected candidate.

Details of the Organization

They are a financial services organization that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 63 countries and territories, and we’re here to use our unique expertise, capabilities, breadth, and perspectives to open up a world of opportunity for our customers.

Details of the Job/Internship

HSBC is looking for a candidate for the position of Assistant Legal Counsel.

Role and Responsibilities

End to end credit and lending transaction support including negotiation support/legal drafting.
The role holder, Legal Counsel, Bangalore is responsible for the day-to-day operations and delivery of a new India-based branch of the Global Legal Services-Banking Products team and is responsible for managing the legal risk and execution of a suite of documents, which will increase over time as part of the broader offshoring strategy of the Global Legal Function.
This is an external client-facing role with a client base spanning various geographies globally and the role holder is responsible for the drafting, reviewing, and negotiating of the various types of credit and lending and trade agreements, as well as projects involving legal research for a global network of stakeholders.
Promote a strong sense of teamwork to ensure all areas work collaboratively and as efficiently as possible.
Technology Workflow.
Process Re-engineering.
Given the unique position of being in the team, 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.

Eligibility

Legal qualification with 5-6 years plus of relevant work experience within the banking/financial services industry., it would be beneficial to have some private practice or law firm background, including exposure to diverse legal issues and client interactions.
Experience in drafting, reviewing, and negotiating complex credit and lending agreements, loan documentation, security documents/arrangements, and ancillary industry-standard lending transaction documents. For example, bilateral uncommitted facilities/overdrafts, bilateral committed facilities, syndicated facility agreements, guarantees and guarantee confirmation letters, ancillary Civil Proceeding documentation.
Demonstrable comprehensive knowledge of credit and lending laws, regulations, and practices.
Experience in legal advice and guidance on credit transactions, risk management, and regulatory compliance to business counterparts and other stakeholders.
It would be beneficial to have practical experience in trade finance transactions, including letters of credit, trade finance facilities, and documentary collections; good understanding of trade finance matters, including compliance with international trade regulations.
It would be beneficial to have prior experience in managing cross-border transactions, considering the legal and regulatory requirements of multiple jurisdictions, and Coordinating with internal and external stakeholders across different regions to facilitate smooth cross-border transactions. Good understanding of compliance with anti-money laundering (AML), know-your-customer (KYC), and other regulatory obligations in cross-border dealings.
Ability to effectively engage and negotiate with senior stakeholders, demonstrating considered foresight and highly developed interpersonal skills
Able to deal with and constructively resolve conflicting views and where necessary, escalate to senior management in a clear and succinct manner.