Asst. Legal Counsel
7 months ago
-Job description
**Some Careers grow faster than others.**
If you’re looking for a career where you can make a real impression, join HSBC, and discover how valued you’ll be.
HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions.
We are currently seeking an experienced professional to join our team in the role of **Asst. Legal Counsel ,GTRF GLS GSC’s**
**Why join us?**
- To assist with the provision of legal support to HSBC’s Global Commercial Banking business and specifically the area of Global Trade & Receivables Finance (GTRF) to ensure that its legal risk is fully identified and managed, transactions are supported and escalations occur in a timely manner.
**What you’ll do**:
**Principal Accountabilities**
- Under supervision of Senior Legal Counsel
- GTRF GLS, provide legal support to the GTRF business on transactions.
- Review transaction documentation, on which the jobholder is supporting, for adherence to GTRF policies and procedures, to manage legal risk.
- Use agreed channels to escalate matters where necessary to ensure the business receives timely and appropriate legal support.
- GTRF transactions are supported and managed to facilitate successful and timely execution as required by GTRF senior management.
- Where necessary, matters are escalated to the Senior Legal Counsel for local Wholesale GTRF Legal engagement.
- The jobholder will be responsible for assisting line management / the wider GTRF GLS team on GTRF transactions (supervised as required by Senior Legal Counsel - GTRF GLS) and must have the ability to support a range of contractual legal issues.
**Context of the Job**
- The role holder is responsible for the drafting and negotiating of various types of trade documentation.
- Role Holder is accountable to assist with the completion of a range of tasks which includes but not limited to:
- Review of template facility and security documentation from all CMB customer segments for products which include receivables finance, lending, documentary credits, trade collections, bonds/guarantees, supply chain finance, leasing and hire purchase.
- Gap analysis of standard terms against bespoke documentation., including sharing output with Senior Legal Counsel - GTRF GLS.
- Amendments to standard templates.
- Review of transactional documentation, including customer board resolutions and capacity opinions.
- In specific cases, negotiation of template finance and security documentation in adherence with guidelines.
- As required by local GTRF counsel and under supervision of Senior Legal Counsel - GTRF GLS (Bangalore), support bespoke transactions
Requirements
- Qualified lawyer (common law jurisdiction preferable) with 3-5 years’ post qualification banking and finance experience.
- Understanding of domestic banking and finance law and transactions. Trade finance experience preferred but not required.
- A clear understanding of HSBC’s corporate values.
- Ability to meet deadlines and manage workload.
- Ability to work independently and, where required, collaboratively to support a range of team members.
- Strong communication and inter-personal skills.
- Lateral thinking/problem solving.
- Regulatory experience and a general understanding of risk management is an advantage, but not essential.
**You’ll achieve more at HSBC**
**Issued By HSBC Electronic Data Processing (India) Private LTD
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