Assistant Legal Counsel - Market Securities Services (MSS) at HSBC

Lawlit; Bengaluru; Hybrid; INR 1,800,000 - 2,800,000; Full time

Job summary

HSBC is seeking an Assistant Legal Counsel in Bengaluru to join the Market Securities Services legal team. You will draft, review, and negotiate complex traded market agreements, including ISDA Master Agreements, CSAs, and other financial documents, ensuring compliance and robust protections.

You should have a law degree and at least two years PQE with contracts and financial agreements, strong written and verbal skills, and the ability to manage multiple high-priority matters in a fast-paced,

Qualifications

• Professional law degree from a recognized Indian or overseas university.
• Minimum 2 years PQE with drafting, vetting and negotiating contracts and financial agreements.
• Solid understanding of Global Markets, financial products, and deal structures.
• Familiarity with Common Law principles; UK law familiarity advantageous.
• Strong written and verbal communication; ability to manage multiple matters in a fast-paced environment.

Responsibilities

• Draft, review, and negotiate traded market documentation, including ISDA Master Agreements, CSAs, Custody Agreements, GMRA, GMSLA, guarantees.
• Conduct robust legal research and review counterparty documents for compliance with local and international requirements.
• Ensure documentation provides robust legal and credit protection in line with risk policies.
• Coordinate with Corporate & Investment Banking teams, credit risk officers, and other stakeholders to drive matters to close.
• Take end-to-end ownership of assigned legal matters, ensuring timely execution and meticulous record-keeping.

Skills

Drafting & Negotiation

Legal Research

Written & Verbal Communication

Analytical Thinking

Education

Law degree (LLB/JD)

Job description

Elevate Your Legal Career with a Global Banking Giant

Are you a skilled legal professional with a passion for global markets and financial documentation? HSBC is looking for an ambitious and detail-oriented Assistant Legal Counsel to join its prestigious Market Securities Services (MSS) – Corporate & Investment Banking division in Bangalore. This is a highly coveted hybrid opportunity to work at the intersection of complex financial products, international law, and strategic corporate negotiation.

About the Role & Team

As part of the MSS legal team, you will play a pivotal role in safeguarding HSBC’s interests while enabling high-value transactions. You will be responsible for drafting, negotiating, and executing complex traded market documentation. Operating in a hybrid work environment, you will collaborate closely with global stakeholders, corporate banking teams, and counterparties to manage transactions smoothly from inception to completion.

Key Responsibilities

• Documentation & Negotiation: Draft, review, and negotiate critical traded market agreements, including ISDA Master Agreements, Credit Support Annexes (CSAs), Custody Agreements, GMRAs, GMSLAs, guarantees, and other industry-standard financial documents.
• Legal & Jurisdictional Analysis: Conduct robust legal research and review counterparty constitutional documents to ensure compliance with local and international jurisdictional requirements.
• Risk Mitigation: Ensure all negotiated legal documentation provides robust legal and credit protection for HSBC, aligning with internal risk policies.
• Stakeholder Collaboration: Coordinate seamlessly with the Corporate & Investment Banking teams, credit risk officers, and other internal stakeholders to drive matters to a successful close.
• Matter Management: Take end-to-end ownership of assigned legal matters, ensuring timely execution and meticulous record-keeping.

Who We Are Looking For

• Education: A professional Law degree from a recognized Indian or overseas university.
• Experience: Minimum of 2 years of post-qualification experience (PQE) with a strong focus on drafting, vetting, and negotiating contracts and financial agreements.
• Domain Knowledge: A solid understanding of Global Markets businesses, financial products, and simple/complex deal structures.
• Legal Expertise: Familiarity with Common Law principles, with a specific emphasis on UK law, is highly advantageous.
• Skills: Exceptional written and verbal communication skills, strong analytical capabilities, and the ability to manage multiple high-priority matters in a fast-paced environment.

Why Join HSBC?

HSBC is one of the world’s largest and most respected financial services organizations. By joining the MSS legal team, you will gain unparalleled exposure to sophisticated financial instruments, work alongside industry-leading legal minds, and enjoy a collaborative, inclusive, and progressive work culture that champions career growth and global mobility.