VP, Legal Counsel (Markets Legal Advisory)

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

You will be a member of Markets Legal Advisory and the Strategic Projects and Corporate Office. As OCBC’s Legal Counsel, you will play a critical role in navigating the complex and ever-evolving legal landscape applicable to the banking industry. You will have the opportunity to work on a wide range of legal issues, from negotiating master agreements to advising on derivatives, repurchase and securities lending matters. If you're looking for a challenging and rewarding role that will allow you to grow your skills and expertise, this is the perfect opportunity for you.

To succeed in this role, you will need to be a strategic thinker and an understanding and knowledge of the derivatives, repurchase and securities lending industry and its regulatory framework would be an added advantage. You will need to be able to provide practical and effective legal advice to the business, while also managing risks and ensuring compliance with legal requirements. Your ability to (a) build strong relationships with stakeholders and communicate complex legal issues in a clear and concise manner; and (b) remain poised to deliver under pressure will be essential.

• Provide legal support to markets and derivatives business in OCBC head office and other global market branches and subsidiaries of OCBC Group.

• Responsible for the drafting and negotiation of Master Agreements / other trading agreements and related collateral agreements (ISDA, CSA, GMRA, GMSLA, TMA) with counterparties in various jurisdictions.

• Co-ordinate with, and respond to, queries relating to Master Agreements from, other functional specialists in the Bank, to resolve legal/credit risk/operational/tax/business issues and obtain relevant approvals.

• Ensure adherence with procedures of the Bank’s documentation standards and to maintain/update documentation templates, procedures, etc.

• Work on any regulatory driven projects or bank-initiated projects as may be required from time to time.

• Where needed, to work with sales, structuring and trading team to review or develop derivatives products term sheets and on structured investment solutions involving repack participation structures with different asset class underlying.

• Where needed, to provide support to bank projects that are handled by Group Legal Strategic Projects and Corporate Office.

• Qualified lawyer with 8 to 12 PQE.

• Preferably qualified in a common law jurisdiction (e.g., Singapore, UK or equivalent) but not mandatory.

• Experience in derivatives, repurchase, securities lending, financial services regulatory, banking, capital markets or Islamic finance work (whether in a law firm or as in-house counsel) will be an advantage.

• Excellent communication, interpersonal and stakeholder management skills, project management, ability to collaborate with cross-functional teams.

• Good team player with agile and adaptable mindset.

• Candidate must be able to work independently and with other functional specialists in completing projects.

• Candidate must be a self- starter with strong sense of ownership and responsibility.

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.