HSBC Group

Managing Director Band

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Global Legal plays an important role in protecting the Group’s reputation by helping to future-proof the organisation through robust legal risk and issue advisory. Responsible for providing comprehensive legal advice to senior management and all global businesses and functions, the team offers a diverse range of legal skills, jurisdictional experience, and practice specialisms across all countries and territories in which our businesses operate.

We are currently seeking a high caliber professional to join our team Deputy General Counsel, Wealth and Premier Solutions

About Legal

Global Legal plays an important role in protecting HSBC’s reputation, helping to safeguard the organisation by providing robust and comprehensive advice on legal issues and risks. Our lawyers advise senior management and the Global Businesses and Functions. They offer a range of legal skills, jurisdictional experience and practice specialisms across all the countries and territories in which HSBC operates.

About The Role

The Deputy General Counsel for Wealth & Premier Solutions provides expert and professional legal advice, guidance and support to ensure that the legal and reputational risks faced by the Wealth & Premier Solutions business are identified, reported and mitigated.
This role will report to the Global General Counsel for the IWPB business.

The role could be based in Singapore.

Responsibilities

• Oversee, manage and be responsible for all aspects of legal support to the Wealth & Premier Solutions business segments and the key product areas within that including  Wealth Solutions, Unsecured Lending, Mortgages & Transaction Banking;
• Provide legal and strategic advice to the Global Head of Wealth & Premier Solutions and IWPB senior management regarding the most material legal and reputational risks to the Bank in relation to the business segment; 
• Be responsible for leading and managing the delivery of support from relevant members of IWPB Legal team and working closely with the regional IWPB leads and the General Counsel, IWPB.
• Provide comprehensive legal support to the Wealth and Premier Solutions business, advising on the development and delivery of innovative products and solutions that meet customer needs while ensuring compliance with applicable laws and regulations and proportionate and appropriate risk management framework to ensure sustainability of the business.
• To act as a member of the Global IWPB Legal wider leadership team, contributing as required on global issues and leadership actions
• Evaluate and respond to changes in legal and regulatory requirements that are relevant to Wealth & Premier Solutions as they arise and proactively identify legal and other risks where relevant and partners with other stakeholders across HSBC to mitigate those risks
• Set relevant policies and procedures to ensure that Legal's role in the second line of defence in relation to Wealth & Premier Solutions can be executed
• Provide and manage counsel for assigned areas of responsibility, including matters that are complex or have potential for legal, financial and/or reputational impact
• Participate as an active member of the IWPB Legal Leadership team in setting the strategic direction and priorities for the IWPB Legal team as a whole
• Provide strong, proactive leadership including guidance, challenge, support, and development for direct reports as well as for lawyers and legal professional supporting Wealth & Premier Services globally
• Manage external and internal legal costs within Resource and Financial Planning limits
  

Requirements

• Qualified Lawyer, expected to have significant hands-on experience in the wealth and international affluent banking product space
• Significant experience regarding the manufacture and distribution of wealth products across the customer continuum and good understanding of the markets in which IWPB operates, with a particular focus on our strategic markets in UK, Middle East and Asia.
• Significant experience leading a specialized team of lawyers and paraprofessionals
• Extensive experience advising and influencing senior business executives; strong communication and networking skills; ability to navigate complex global organizations and build in-depth relationships with multiple internal and external stakeholders
• Strong oral and written communication skills
• Strong track record of leadership and proven ability to lead and manage teams, including overseeing budgeting, headcount, talent development, and succession planning
• Demonstrated ability to think laterally and critically and to devise sustainable and safe solutions to enable the business to achieve its aims
• Ability to think independently being mindful of maintaining an appropriate balance between management and mitigation of legal risk and business efficacy
• Broad familiarity with financial services laws and regulations relevant to wealth management including banking and securities laws.

Core Expectations

LEADERSHIP

• Leads others in formulating and articulating an engaging shared vision and strategy for the team and wider function
• Holds self and others accountable for delivery of excellent performance from the team, sharing and learning from mistakes
• Strong culture carrier and role model for HSBC values, behaviours and conduct who leads by example
• Decisive, assertive and willing to take a stand when the stakes are high and counted on to exercise good judgement
• Ability to attract talent, build teams and develop leaders of the future, with strong levels of expertise, who are motivated and inspired to perform at their best
• Drives a learning culture, demonstrates a growth mindset and is committed to giving and acting on feedback to develop self and others
• Anticipates and leads change and able to operate effectively in a changing environment
   

COLLABORATION & TEAMWORK

• Leads collaboration across teams and geographies and creates an environment of openness across global HSBC enterprise
• Forges strong partnerships within the function and collaborates across business areas and networks (internally & externally) to drive commercial and strategic value
• Culture carrier who sets the tone for a healthy and inclusive culture in support of Legal’s strategic priorities
• Communicates, influences and negotiates with impact and highly skilled at adapting style with stakeholders at all levels to achieve desired outcomes
• Champions and drives a feedback culture, recognises and celebrates the success of others
• High level of self-awareness and thinks creatively and entrepreneurially to adapt to changing circumstances

COMMERCIAL

• Understands the products, propositions, services, culture, operation and strategic priorities of the partnered business area in context of the broader external environment
• Role models client centricity and leads business partnering
• Works with senior business leaders to analyse complex decisions, and provide commercial advice to guide strategy and commercial direction
• Consistently evaluates commercial drivers and leads other to deliver efficiency and innovation
• Plays a critical role in helping HSBC deliver its strategic ambitions by enabling the bank to take smart risks that deliver a ROI

RISK & CONTROL

• Drives a strong understanding of risk, governance and control in the function and identifies, challenges and leads strategic and/or Group-wide improvements
• Partners across the HSBC enterprise to provide direction, clarity and coherence around complex risk issues
• Role model for risk and control best practice, exercising good judgement, sharing knowledge and experience to drive enterprise-wide risk culture
• Provides thought leadership regarding broader risk implications, including external industry trends, social, cultural, economic and political factor and collaborates with senior stakeholders to manage risks across HSBC
• Identifies and articulates issues early, ensuring appropriate challenge and escalation in a timely manner to ensure the right outcome
• Understands and strives to mitigate against conduct risks and reputational risks

TECHNICAL

• Able to combine thought leadership with global, enterprise-wide perspective to influence the direction of Group or Function
• Credible in operating and contributing as a trusted advisor at most senior levels
• Ability to communicate, influence and negotiate, applying knowledge and experience in area of expertise and beyond
• Maintains constant individual and team focus on technical best practice and changes in the legal, regulatory and external environment to inform subject matter expertise, anticipate events and be recognised externally as a leader in their field
• Takes responsibility for leading knowledge sharing and demonstrates technical curiosity and ability to horizon scan
• Sponsors and champions innovation, leading on applying and adopting change that drives a future focused Legal function

Click here for further details on Legal’s Core Expectations Framework

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regards to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis.

Your local internal application policy should be followed. For internal applicants in Hong Kong with less than twelve months in their current role, please also obtain and enclose the endorsement from your current line manager in the application as well; for more information, you can visit HRDirect and search for content "HKG: Do I need any approval to look for internal career opportunities?".

Opening up a world of opportunity

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.