VP, Business Legal and Compliance, T&O and Transformation & Data

Professional Services • Full Time • Hong Kong, Hong Kong, HK • 1d ago

Business Function

Group Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.

Job Objective

To manage DBS Hong Kong's legal, regulatory, and compliance risks arising from activities and operations, and to assist DBS Hong Kong, including the Technology and Operations (“T&O”) and Transformation and Data (“T&D”), in complying with applicable laws and regulations.

Responsibilities

·Provide legal, regulatory support to T&O and T&D:

·manage legal and regulatory risks arising from activities and operations undertaken by T&O/ T&D

·provide critical risk assessment of transactions, structures and new initiatives

·review and advise on existing and new laws and regulations

·review and advise on agreements with DBS HK counterparties

·review and advise on handling of bank-wide incidents and customer complaints, court orders, inquiries / requests from third parties, regulatory inquiries handled by T&O/ T&D

·work with T&O/ T&D to develop and maintain standard documentation templates

·work with T&O/ T&D where necessary, to develop and issue procedures, guidelines and self-help remedy tools on specific matters to manage legal, regulatory and compliance risks

·manage key litigation by and against DBS HK involving T&O/ T&D

·Participate in key projects and initiatives involving T&O/ T&D, local and regional

·Provide education and training on key legal or regulatory matters

·Assist to manage DBS HK’s relationships with external law firms to ensure high quality, practical and succinct advice in a timely and cost-effective manner.

·Participate in key projects and initiatives of T&O/ T&D

·Work with Group LCS supporting T&O/ T&D on any regional projects and initiatives.

·Act as point of escalation for any material legal issues concerning T&O/ T&D

·Valid and legally binding legal documents correctly reflecting the rights and obligations intended, and within risk acceptance thresholds for T&O/ T&D

·Strong internal relationships, acting as a professional and value-adding partner with T&O/ T&D

·Effective litigation management

·Timely escalation of significant legal and regulatory developments, incidents and concerns to relevant parties and proactively finding and developing solutions

·Maintain good team spirit and working relationship within LCS team

Requirements

·A law degree from a common law jurisdiction is required, with a preference for Hong Kong qualified lawyers

·At least 8 years of relevant legal experience in the finance, banking, commercial, or technology industry, or private practice

·Ability to develop rapport with business and support units while maintaining independence

·Ability to build strategic working relationships across all business and support units

·Good interpersonal skills and the ability to work effectively as a team player

·Strong business focus with insights, innovation, and the ability to balance risk and control

·Good sense of ownership, agile mindset, proactive, willing to engage in active learning, and able to work under pressure

·Reliable, organized, and detail-oriented

·In-depth knowledge of relevant technology, operations, data governance, and privacy laws or regulations. General knowledge of banking, securities, and other financial services-related laws or regulations

·Good communication and presentation skills

·Proficiency in English and Chinese (spoken and written)

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

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