VP, Legal Counsel

WMRC Private Ltd; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a seasoned legal professional to join their dynamic team in Singapore. In this pivotal role, you will provide expert legal and regulatory guidance on banking operations, ensuring compliance with local laws and regulations. You will manage various legal matters, including drafting and reviewing agreements, and liaising with external counsel to mitigate legal risks. This position offers the opportunity to influence key projects and initiatives while fostering a positive culture through effective communication and training. If you are a self-motivated team player with a passion for legal excellence, this role is tailored for you.

Qualifications

• Minimum 10 years of post-qualified experience in legal counsel.
• Strong knowledge of MAS rules and regulations in Singapore.

Responsibilities

• Provide legal and regulatory advice on banking operations.
• Draft and review agreements and manage legal risks.

Skills

Legal Advice

Regulatory Compliance

Communication Skills

Attention to Detail

Team Collaboration

Education

Law Degree

Tools

Microsoft Office

Job description

Reporting to the Head of Legal & Compliance, you will provide legal and regulatory advice in relation to regulated activities conducted in the Bank and will ensure adherence to legal and regulatory requirements as well as internal compliance/ ethical standards.

You will provide legal advice on banking operations and draft and review various agreements and liaise with the external legal counsel to ensure that legal risks are well managed. Based in Singapore, and as a member of the Singapore Legal team, you will deal with legal and compliance issues of the various business lines, including licensing-related issues and regulatory reporting. You will provide legal advice on Singapore laws and regulations in relation to ongoing operations for the Bank including but not limited to MAS legislation and regulations, the Banking Act, Companies Act, Securities and Futures Act, Personal Data Protection Act and related regulations. You will also provide legal advice and support on credit and security matters and issues.

You will review and update the various bank documents, as well as draft and review the various agreements (whether internally, with clients or third parties) as well as marketing materials or offer documents. You will closely follow/ monitor legal and regulatory developments to provide legal and regulatory advice and to ensure compliance with the relevant legal and regulatory requirements. You will advise and manage new/ special projects (new business offering or initiatives, products or services, legal developments and regulatory changes etc.), new/ revised Group directives and draft attendant service level agreements, policies and procedures etc.

You will develop, implement and monitor procedures and standards related to the legal function, including updating of legal policies and procedures in accordance with legal and regulatory developments and internal Group guidelines/ policies. You will manage internal stakeholders and maintain key internal relationships to foster a positive culture through communications, training and will provide staff with timely and pragmatic advice on day-to-day business issues. You will handle corporate secretariat matters for the Bank and conduct training on legal documentation as well as legal issues for employees.

Pre-requisites:

1. Minimum 10 years of post qualified experience, including 5 years of relevant work experience as in-house legal counsel of a bank or asset management company
2. Good knowledge of MAS rules/ regulations in Singapore
3. Good knowledge of practices in the financial industry
4. Proficient in Microsoft Office (Word, PowerPoint etc.)
5. Organized and attentive to details
6. Self-motivated and a strong team player
7. Possess excellent written, verbal communication and interpersonal skills

Submit your application to [e-mail] quoting the Job Title or call [phone] for more information.