Details of the Organization

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

Details of the Job/Internship

HSBC is hiring a Legal Counsel for their Bengaluru office. Candidates must have 5-8 years of experience in the banking/ financial service industry.

Role and Responsibilities

• Drafting/reviewing term sheets
• Explaining common risks (both commercial and legal) associated with complex loan transactions.
• Drafting Lender counsel scope of work, drafting simple fee indemnity letters; internal dispensations for non-compliant policy points
• Supporting and advising UK Commercial Banking clients and the above-mentioned key stakeholders by interpreting legal advice/concepts and explaining impact and associated risks.
• Negotiating and agreeing key terms embedded within term sheets and Loan Market Association facility agreements, ensuring compliance with company's internal policy, relevant credit approvals, common market practices in line with any external regulatory requirements.

Eligibility

• Legal qualification with 5-8 years of relevant work experience within the banking/financial services industry. Though not mandatory, 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 lending transaction documents in line with industry standards. Examples include: bilateral uncommitted/committed facilities, syndicated facility/loan agreements, guarantees and guarantee confirmation letters, mortgage/hypothecation/pledge documents, term-sheet mapping, ancillary documentation (for example corporate authorizations, commitment letter, fee letter,etc).
• Demonstrable comprehensive knowledge of credit and lending laws, regulations, and practices.
• Experience in delivering legal advice and guidance on credit transactions, risk management, and regulatory compliance to business counterparts and other stakeholders.
• A desire to work towards leading the documentation process for Loan Market Association ( LMA)facilities from both a commercial and legal perspective and advising internal stakeholders on key issues.
• A strong desire to develop structuring skills and to lead negotiations on complex corporate loan transactions including refinances, Sustainable Linked Loans, “cashouts”, acquisition finance and post Initial Public offering (IPO) financing is preferable.

Salary/Stipend

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

Type of Opportunity

Fulltime

Country

India

State

Karnataka

City

Bangalore

Address

Bangalore Rural, Karnataka, India.

Application and Registration Details

After you apply, you will receive the next steps of the application process via email. 

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For any questions or concerns, please contact us via email at: [email protected]