Vice President/Director, Legal Department (Technology & Outsourcing)

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

Job summary

A banking institution in Singapore is seeking an experienced lawyer to provide legal support for technology contracts and outsourcing arrangements. The ideal candidate must have a recognized law degree and over 9 years of experience in technology and outsourcing contracts, along with excellent negotiation and analytical skills. The role involves drafting agreements, managing vendor legal matters, and ensuring compliance with data privacy regulations.

Qualifications

• Good Law degree from a recognized university and admitted to practice in Singapore.
• Qualified lawyer with at least 9-12 years of post-qualification experience in a law firm and/or in-house legal dept.

Responsibilities

• Draft, review and negotiate technology contracts, including software licenses and cloud services.
• Provide legal support and advice on outsourcing arrangements.
• Collaborate with internal stakeholders on digital initiatives.

Skills

Negotiation

Analytical skills

Communication

Interpersonal skills

Legal judgment

Education

Law degree

Job description

Responsibilities

• Draft, review and negotiate technology contracts, including software licenses, cloud services, SaaS, infrastructure agreements, NDAs, maintenance and support contracts and consultancy arrangements.
• Providing legal support and advice on outsourcing arrangements in compliance with applicable legal and regulatory requirements (e.g. MAS Guidelines on Outsourcing, protection of customer information under Banking Act, PDPA).
• Provide legal support on issues arising from procurement, vendor onboarding processes and cybersecurity incidents, ensuring appropriate risk allocation, service levels, data privacy, intellectual property rights and termination/exit planning.
• Ensure that third party/vendor contracts are aligned with the Bank’s risk, compliance and data protection frameworks.
• Collaborate with internal stakeholders across technology, procurement, operations, risk and compliance teams to support digital initiatives, vendor management programs.
• Advise on emerging technology risks (e.g. AI, cybersecurity, cloud computing, data/information security).
• Drafting, updating, improving and maintaining agreements, standard templates, framework, guidance notes and other legal documents for the Bank and to conduct internal trainings.
• Advising the Bank on laws and regulations affecting the Bank and coordinating with Compliance and other internal stakeholders on implementation.
• Manage disputes or escalations involving vendors/service providers including enforcement of contractual rights.
• Co-ordinating legal matters with other offices under APAC where necessary. Assisting Head of Legal in managing, coordinating and rolling-out initiatives involving legal teams across Asia Pacific Division.
• Projects, initiatives and matters as may be assigned by Head of Legal from time to time.

Qualifications

• Good Law degree from a recognized university and admitted to practice in Singapore.
• Qualified lawyer with at least 9-12 years of post-qualification experience in a law firm and/or in-house legal dept (preferably in banks with experience on digital transformation projects) specialising in technology/outsourcing/vendor contracts.
• Strong knowledge and experience in outsourcing and data privacy regulations (e.g. PDPA/GDPR).
• Proven ability to negotiate IT, tech and services procurement contracts on behalf of financial institutions and provide strategic legal advice and practical solutions while balancing risks.
• Excellent communication, analytical, negotiation and interpersonal skills.
• Able to work independently and exercise sound legal judgment.
• Confident and meticulous and able to work in fast-paced environment.
• Proactive and growth-minded.