Legal Counsel, Group Commercial

Standard Chartered; Kuala Lumpur; Hybrid; MYR 140,000 - 190,000; Full time

Benefits offered by this job

Flexible working options

Wellbeing support

Learning and development

Diversity and inclusion

Job summary

Standard Chartered in Malaysia is seeking a qualified lawyer to review, draft and negotiate global procurement contracts across technology and non-technology areas, ensuring compliance with group standards and applicable law.

You will provide legal support to Supply Chain Management and Country Legal teams, manage external counsel engagements, and help drive contract policy adherence and risk management across the bank.

Qualifications

• Must be a qualified lawyer with 10 years post-qualification experience.
• Experience in technology and commercial contracts.
• Experience in leading commercial transactions and stakeholder management.

Responsibilities

• Review, advise, draft and negotiate global procurement contracts to meet standards and law.
• Provide helpdesk support for Supply Chain Management and Country Legal teams.
• Analyse potential risks involved with contract teams and risk owners.
• Keep up to date with policies and applicable law.
• Collaborate with other legal teams and manage external counsel engagements and costs.
• Support team management and administration tasks.
• Adhere to Group Contracts Policy and third-party risk framework.

Skills

Technology & contracts

Outsourcing experience

Banking industry experience

Contract negotiation

Education

Qualified lawyer with 10+ years PQE

Job description

• 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, management consulting, 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 provide helpdesk support for the Group’s Supply Chain Management team and Country Legal teams.
• 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 technology and commercial 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 collaborate and coordinate with other legal teams across the Group 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 to 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.

Job Summary

• 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, management consulting, 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 provide helpdesk support for the Group’s Supply Chain Management team and Country Legal teams.
• 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 technology and commercial 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 collaborate and coordinate with other legal teams across the Group 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 to 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.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Taking personal and team responsibility for achieving the outcomes set out in the Bank’s Conduct Principles.
• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• LCS Management Team
• Enterprise Legal and COO Management Team
• Relevant Business Units
• Supply Chain Management
• Other Risk Owners, including CISRO, CISO, Chief Data Office, Group Data Protection Office, Financial Crime Compliance, Risk, HR and Group Internal Audit
• Disputes & Government Investigations Legal Team
• Country Legal teams

Key Behaviours

• Commercial: pragmatic, creative, practical and solution-oriented.
• Proactive: able to use initiative and ready to identify issues without being asked and provide advice accordingly.
• Flexible: able and willing to work long hours and, at short notice, travel to and work in challenging environments for prolonged periods of time (if required).
• Team player: personable, responsible, helpful.
• Organised: able to prioritise workload and manage conflicting priorities to meet deadlines. Strong attention to detail to highlight potential risks in contracts and errors.
• Reliable, tactful, discreet, diplomatic: able to work with board members, other senior staff and persons of different nationalities and from different cultures, have good judgment and strong decision-making skills.
• Self-motivated: able to operate independently with minimal supervision.
• Energetic: enthusiastic about the role, the function and the Group.

Skills And Experience

• Good knowledge and understanding of technology and commercial contract requirements. Experience of outsourcing is preferred but not essential.
• Experience in the banking industry (whether through in-house or private practice) is preferred but not mandatory.
• Experience in leading, structuring, and executing a wide variety of commercial transactions with a strong emphasis on internal and external stakeholder management.
• Ability to negotiate contract terms with third parties

Qualifications

• Must be a qualified lawyer in a common law jurisdiction (solicitor, attorney or barrister) with 10 years’ post qualification experience

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together We

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What We Offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.