Assistant Vice President, Team Head, Business Legal, Legal, Compliance & Secretariat

Assistant Vice President, Team Head, Business Legal, Legal, Compliance & Secretariat – (WD69588)

Business Function

Group Legal, Compliance & Secretariat ensures that the bank’s interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders. 

Job Purpose

To identify and manage and control Legal risk for DBS India. To develop and build an effective Legal function that partners and supports the overall strategic agenda and growth of DBS India by providing pragmatic and effective legal advice to manage legal risk across the business and assist in the design and implementation of procedures to effect the reduction of this risk. 

Job Duties & responsibilities

• Contribute to the development of DBS India strategy through the identification of legal risk. Develop and deliver strategic legal risk management initiatives. Identify and meet management information requirements for the measurement of legal risk exposure, performance (both of internal and external legal resources) and productivity.
• Evaluate, train and motivate the team for the establishment and embedding of the values, behaviours and philosophy of continuous improvement, and implementing best practices. Develop and maintain a close working relationship with business heads, products and business managers.
• Manage Litigation, evaluate strategy, identify risks and provide update to management. 
• Embed the Legal Risk and Principle Risks Standard in the business and ensure that the policies are adhered to.
• Ensure that all aspects of legal risk are identified, covered and controlled in the implementation of new projects, systems, procedures and products for the Indian market
• Have responsibility for the quality of legal advice given, reviewing projects as required to ensure consistent content, cost and timing standards.
• Provide legal advice to senior business managers as required, to ensure that legal issues are identified and resolved, and that legal risk is managed appropriately within DBS India.
• Ensure best practices are adopted and guidelines complied with and that all activities comply with applicable laws, rules and regulations
• Manage and control external legal resources in terms of cost and performance, including negotiation and settlement of external legal fees. Act as liaison between banking personnel and external legal advisers as appropriate.
• Ensure an up to date and relevant knowledge of principal areas of law and practice in India.
• Provide education, training and support to the businesses on relevant legal risk issues and development as appropriate.
• Undertake performance reviews, setting performance measures for direct reports and providing coaching and support. Assist with development of team infrastructure both technology and people-wise.
• Updated knowledge of developments in the Litigation cases including employee related mattes and amalgamate the same on a Pan India basis and provide legal inputs and strategies for such cases.
• Proactively forge relationships with a broad range of business areas and third parties in order to encourage the best quality output and service from the team.
• Monitor ‘’client satisfaction’’ and the legal effectiveness of individual transactions and cost management of the legal advice provided.
• Share know-how and experience with other legal advisers within the team and elsewhere within the DBS legal function, including participation in any global practice groups relevant to role and expertise.

Requirements

• Qualified lawyer with post qualification experience in banking law commensurate with the required capabilities detailed above
• 18- 20 years of commercial and banking laws and industry practice.
• Track record of advising at senior management level. 
• Experience of commercial banking, consumer banking, capital markets and trade procedures and practice.
• Good academic grounding
• Graduate with LLB/ LLM or other recognized legal degree with direct experience in banking or financial services industry.

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

Primary Location

: India-Tamil Nadu-Chennai Main-eLVB

Job

: Legal

Schedule

: Regular

Employee Status

: 

Full-time

: 

Job Posting

: Oct 10, 2024, 4:37:11 AM

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