Legal Counsel, Group Commercial

2 weeks ago

Bengaluru Karnataka, India Standard Chartered Full time

**Job**: Legal

**Primary Location**: Asia-India-Bangalore

**Schedule**: Full-time

**Employee Status**: Permanent

**Posting Date**: 02/Feb/2024, 1:19:42 AM

**Unposting Date**: Ongoing

**The Role Responsibilities**

**Job Role**

To review, advise, draft and negotiate global procurement contracts (technology and non-technology) to ensure they meet the Group’s third-party contract standards and applicable law.

This will include software, market data and subscription licences, escrow agreements, hardware, equipment / device purchases and support / maintenance services, business process outsourcing, professional services arrangements across the global functions and businesses, HR and other functional support services, general goods and services arrangements and intragroup servicing arrangements, including outsourcing.
- To analyse potential risks involved with specific contract teams and other risk owners.
- To keep up to date with relevant policies and procedures and applicable law.
- To provide stakeholders with accurate and timely information and advice regarding the status of contract matters.
- To support with continuous improvement initiatives in relation to contract processes, workflow, guidance, playbooks and templates and provide training on contract legal issues to legal teams and other stakeholders.
- To collaborate and coordinate with other legal teams across the Bank to ensure appropriate overall matter management. Where external counsel is appointed, to manage the engagement, oversee the quality of work and effective delivery of legal support and manage external legal costs.
- To support on team management and administration tasks where required.
- Responsible for adhering to the Group Contracts Policy, the Group process for supplier contracts and the Group’s third-party risk management framework.

**Strategy**
- Develop the legal service delivery model for Commercial legal support and a best in class legal operational approach to the team’s global legal activity, including through the adoption of legal technology.
- Support the Head of Group Commercial Legal in executing the team’s strategy and growth, including in respect of the team’s Centre of Excellence hubs.
- Promote a culture and practice of good conduct of business and adherence to legal standards within the Group.

**Business**
- Support the global Businesses and other Functions with commercial and technology vendor and other third party business arrangements to ensure they meet the Group’s third-party risk management requirements and applicable law.
- Support the Group’s intragroup services and operational framework, including intragroup outsourcing and transfer pricing.
- Support other regulatory remediation and change initiatives impacting the Group’s global vendor, other third party and intragroup arrangements, and related change management in respect of operational processes, policies and standards and contract documentation.

**Processes**
- Responsible for adhering to the Group Contracts Policy, the Group’s Third-Party Risk Management Framework and related policies and standards.
- Maintain the team’s Department Operating Instructions for third party contracts and keep them under review.
- Support with continuous improvement initiatives in relation to contract management, workflow and other process and legal operations tools as well as contract playbooks, guidance and templates.
- Provide training to other Legal teams and stakeholders across the Group Functions and Businesses.
- Keep up to date with Group policies and standards and applicable law across the Group’s international jurisdictions.
- Where external counsel is appointed, manage those appointments in accordance with the Group Engaging External Counsel Policy including ensuring the scope of work is defined and appropriate, overseeing the quality of work and managing external legal costs.

**People and Talent**
- Support the Head Legal COE by providing supervision, guidance and support to the wider global team.
- Promoting good legal practice and standards across the Group.
- Fostering an environment that drives best practice and development across the wider Legal team.

**Risk Management**
- Providing expert guidance and support on legal and operational risk identification and management.
- Ensuring proactive and timely identification, assessment, advice and dissemination of evolving legal and regulatory changes / practices and associated risks on third party risk management and outsourcing.
- Supporting advice to Risk Owners on legal issues arising in contracts, including in respect of data protection, outsourcing, information and cyber security, cloud and operational resilience.
- Supporting early resolution of vendor and other third party contract management issues and pre-litigation disputes.

**Governance**
- Establish strong relationships with key stakeholders at all levels, while independently performing own duties.
- Work with Businesse

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