Managing Associate General Counsel, North Asia Global Trade Services

24 hours ago


hong kong, Hong Kong SAR China HSBC Full time

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If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Global Legal plays an important role in protecting the Group’s reputation by helping to future-proof the organisation through robust legal risk and issue advisory. Responsible for providing comprehensive legal advice to senior management and all global businesses and functions, the team offers a diverse range of legal skills, jurisdictional experience and practice specialisms across all countries and territories in which our businesses operate.

We are currently seeking a high calibre professional to join our team as a Managing Associate General Counsel, North Asia Global Trade Services

Purpose of the Job

  • The successful candidate will report to the Deputy General Counsel, Asia Pacific Regional Head of Commercial Banking and will be based in Hong Kong.
  • The primary focus of the role is to ensure that consistently high-quality legal support is provided to the Global Trade Services (“GTS”) business operating in Hong Kong, China, Japan and Korea (“North Asia”).
  • The North Asia GTS business offers the following trade products (without limitation) across all customer segments (business banking to large corporates and multinationals) (collectively, “GTS Products”):
    • Receivables Financing
    • Core trade finance (e.g. bank guarantee, LC and SBLC facilities)
    • Structured trade finance, including:
    • Commodity structured trade finance
    • Supply chain solutions
    • Asset-based lending
    • ESG-related trade finance

Principal Responsibilities and Accountabilities

  • Day-to-day, this role is required to support the North Asia GTS bankers and senior management, on a range of transactional, strategic, reputational and other legal matters. This includes playing a leading role on GTS Product specific governance committees and business-led projects and initiatives. In addition, the holder of this role is required to provide leadership and guidance to the GTS lawyers across North Asia.
  • This role requires direct and indirect management of a team of lawyers (currently consists of 4 lawyers).
  • Providing expert and strategic legal advice, guidance and support to ensure that legal and reputational risks of the North Asia GTS business are proactively identified and mitigated.
  • Support and promote the strategic growth of the North Asia GTS business.
  • Coordinating and managing relationships between internal and external stakeholders, businesses and support functions.
  • Attending various governance forums and GTS North Asia Exco.
  • Assisting with the preparation, negotiation and review of various legal documents including financing terms, confidentiality agreements (including consideration of conflicts of interest issues), engagement letters, mandates, pitch materials, term sheets, finance documents, legal opinions and other transactional documents and agreements.
  • Providing advice that is pragmatic and commercially sound, in addition to being legally sound, aligned with HSBC’s strategy and within HSBC’s risk parameters.
  • Collaborating with lawyers globally and regionally to promote consistency in approach.
  • Providing legal input on local, regional and / or global legal projects.
  • Promoting the adoption of best practice and documentation standards, including representing HSBC at industry associations (as required).
  • To act as mentor to more junior members of the legal function.

Impact on the Business

  • Manage, supervise and lead (a) advisory legal support and (b) transactional legal support for the North Asia GTS business.
  • Provide counsel and legal support on a variety of legal, transactional/documentation, execution and structural matters.
  • To be considered to be a trusted adviser and partner to the business by ensuring that commercially sensitive, pragmatic and practical legal support and advice is provided in a cost-effective manner
  • Implement legal policies to ensure that the Group’s exposure to global legal risks is managed appropriately within jobholder’s areas of expertise.

Customers / Stakeholders

  • Provide prompt, commercial, practical and high quality complex legal and contractual advice.
  • Be proactive in the provision of legal and contractual support.
  • Ensure relevant senior management are fully briefed on material issues arising in relevant business area and major legislative changes in area of expertise.
  • Recommend selection and supervise panel law firms and other appropriate external parties.
  • Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets.
  • Support the strategic growth of the North Asia GTS business.

Leadership & Teamwork

  • Develop and communicate a clear vision for the accountable area of the Global Legal function that is aligned to the overall HSBC vision, values and goals, and inspires and engages people to create an inclusive, high performing, customer-centered culture.
  • Lead, develop and motivate the team to attract, retain and develop the capacity, capability and talent to provide for succession and ensure delivery of business objectives.
  • Set expectations, share best practice and manage, monitor, coach and develop leaders and others to ensure that they maximise their performance, meet the required standards, and continuously develop their capabilities and experience.
  • Lead and encourage constructive cross-country and cross-business teamwork by demonstrating collaboration and matrix management in action and taking prompt action to address any activities and behaviours that are not consistent with HSBC's diversity policy and/or the best interests of the business and its customers.
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