Vice President / Director, Legal Department (Global Markets) - SMBC

Sumitomo Mitsui Banking Corporation; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

A major financial institution in Singapore seeks an experienced lawyer to provide legal support for its Global Markets and Treasury Division. Responsibilities include drafting agreements, advising on regulations, and collaborating with internal teams. Candidates must have a strong background in derivatives, possess significant experience in the financial services sector, and be able to work independently. This role offers a dynamic, fast-paced environment with opportunities for growth.

Qualifications

• 10-14 years of post-qualification experience in financial services.
• Strong knowledge in derivatives products and relevant laws.
• Ability to work independently and balance legal risks.

Responsibilities

• Provide legal support on transactions undertaken by GMTAP.
• Draft and negotiate trading agreements and legal documents.
• Monitor legal and regulatory developments impacting derivatives.

Skills

Legal expertise in derivatives and financial services

Negotiation skills

Communication skills

Analytical skills

Interpersonal skills

Education

Good Law degree from a recognized university

Job description

Responsibilities

• Providing legal support and advice on structuring, negotiation and execution of transactions undertaken by the Bank's Global Markets and Treasury Dept ( GMTAP ) and be the subject matter expert for all legal issues arising from GMTAP's business. Transactions undertaken by GMTAP include derivatives and treasury related products such as structured deposits, hedges, liquidity management products, derivative products involving different underlying asset classes.
• Draft, negotiate and review trading agreements including ISDA Master Agreements (ISDA), Credit Support Annexes (CSA), GMRA, CDEA and other market trading documentation and trade confirmation for OTC / structured products.
• Advise on interpretation of laws and regulations relating to derivatives business ( RMR, MAS regulations EMIR etc) and monitor legal, regulatory and industry developments impacting global markets and derivatives.
• Collaborate with internal stakeholders including client facilitation teams from Front office / GMTAP andpliance, Risk, Credit and Operations teams.
• Drafting, updating, improving and maintaining agreements, standard templates, framework, guidance notes and other legal documents for the Bank and to conduct internal trainings.
• Co-ordinating legal matters with other offices under APAC where necessary. Assisting Head of Legal in managing, coordinating and rolling-out initiatives relating to GMTAP's business involving legal teams across Asia Pacific Division.
• Projects, initiatives and other matters as may be assigned by Head of Legal from time to time.

Qualifications / Requirements

• Good Law degree from a recognized university and admitted to practice in amon law jurisdiction ( Singapore, the UK).
• Qualified lawyer with at least 10-14 years of post-qualification experience in a law firm and / or in-house legal dept in financial services specialising in treasury, derivatives and global markets business and products.
• Strong knowledge and experience in derivatives products / documentation and laws / regulations. Knowledge of international laws / practices that impact the business and ability to advise across multiple APAC jurisdictions, will be a plus.
• Proven ability to structure bespoke products, manage transactions and provide strategic legal advice and practical solutions while balancing risks.
• Excellentmunication, analytical, negotiation and interpersonal skills.
• Able to work independently and exercise sound legal judgment.
• Able to balance risks andmercial considerations and provide sound and practical legal advice
• Confident and meticulous and able to work in fast-paced environment.
• Proactive and growth-minded.

Job ID 1239647201