AVP, Legal Counsel - Markets Legal Advisory

About the role

OCBC invites a qualified lawyer to join its Markets Legal Advisory team as Legal Counsel. The role plays a key part in navigating the legal landscape of the banking industry, working on issues ranging from negotiating master agreements to advising on derivatives, repurchase and securities lending matters.

Key responsibilities

• Provide legal support to the markets and derivatives business at OCBC head office and other global market branches and subsidiaries.
• Draft and negotiate Master Agreements and other trading agreements and collateral agreements (ISDA, CSA, GMRA, GMSLA, TMA, MCA) with counterparties in various jurisdictions.
• Respond to queries from other functional specialists about Master Agreements and help resolve legal, credit risk, operational and tax issues and obtain approvals.
• Ensure adherence to the bank's documentation standards and maintain and update documentation templates, policies and procedures.
• Work on regulatory-driven and bank-initiated projects as required.
• Where needed, review or develop derivatives product term sheets and trade confirmations with sales, structuring and trading teams, and support projects handled by Group Strategy and Governance.

Required profile

• Qualified lawyer with 6 to 10 years of post-qualification experience.
• Preferably qualified in a common law jurisdiction such as Singapore or the UK.
• Experience in derivatives, repurchase, securities lending, prime brokerage, securities services, financial services regulation, banking, capital markets or Islamic finance (law firm or in-house) is an advantage.
• Excellent communication, stakeholder management and project management skills, with the ability to work independently and across functions.

Required skills

• Knowledge of the derivatives, repurchase and securities lending industry and its regulatory framework is an added advantage.
• Ability to give practical legal advice, manage risk and ensure compliance.
• Ability to build strong relationships and explain complex legal issues clearly under pressure.

What we offer

• Competitive base salary.
• A suite of flexible benefits and community initiatives.
• Learning and professional development opportunities.