Legal Counsel/Senior Paralegal, Global Private Bank

2 days ago


Hong Kong Island, Hong Kong SAR China Projob21.com Ltd. Full time

Legal Counsel/Senior Paralegal, Global Private Bank Global Industry Leader in Private Banking In-House Legal Advisory & Drafting Our Client Most sustainable Global European Private Bank with credit rating of Aa2 and total AUM of USD 290 Billion to search for Legal Counsel. Job Duties Report to the North Asia Regional Head of Legal Counsel Provide corporate & legal advisory to issues related to licensing; investment product distribution/authorization, account opening and related issues in accordance to banking/SFC ordinance Responsible for drafting & reviewing commercial agreements and contracts by working in close partnership with senior management, business/product team & external lawyers Facilitate any regional/global legal & compliance related initiatives Report to the North Asia Head of Business Risk Accountable for conducting regulatory & thematic business risk assessment including product suitability, cross border, pricing, selling process, transaction review by collaborating with the front office, investment, compliance and audit teams across the region Gatekeeper to ensure fulfilment of HKMA/SFC regulatory requirements AML/KYC/SOW/Surveillance Experience with Private Banks Bridge between Front office and Compliance/AML team for COB & PR Cases Fully Accountable for CDD/KYC/SOW and Transaction Monitoring to ensure fulfilment of HKMA, MAS and AML/CFT regulatory requirements Assume 2nd LOD to advise FO on any FCC/KYC/EDD related matters for low to high risk clients across the region KYC/SOW Specialists for COB/Periodic Review Case management with full accountability to prepare KYC/SOW to ensure fulfilment of HKMA AML/CFT regulatory requirements Assume 1.5 LOD to advise FO on any KYC/EDD related matters for low to high risk clients across the region Promising APAC Compliance Career & Good Hours Report to Regional Head of Compliance & Risk Accountable for conducting 1.5 line of defense & risk assessment from account opening, product suitability, selling process and transaction review by collaborating with front office, investment, OR & Compliance professionals Gatekeeper to ensure fulfilment of HKMA regulatory requirements Excellent Worklife Balance & Job Security Regulatory Compliance Testing & Control Report to North Asia Head of Compliance Conduct periodic compliance testing & thematic audit to ensure daily activities of HK Branch adhere to the regulatory requirements including HKMA/SFC/MAS and corporate governance Review and oversight the effective implementation of control programs through ongoing review, monitoring and surveillance, investigation and reporting Requirements Qualified lawyer with PQE 4 years+/- experience Knowledge of HKMA and SFC requirement is highly desirable Understanding of private banking & capital markets is a definite advantage Passionate to excel in a multi-cultural environment Highly proficient in written & spoken English Regional 1.5 Line of Defense Global Private Bank Good Hours and Excellent Job Security #J-18808-Ljbffr



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