Job Description

Group Legal and Regulatory Compliance (GLRC) supports the Bank in all legal, regulatory and compliance matters. The division ensures that the Bank's businesses comply with policies, procedures and relevant laws, rules and regulations issued by Monetary Authority of Singapore and other local regulators. Apart from being a legal advisor on litigation, trademark filings and other legality issues where relevant, GLRC plays an important role as undertakers of the bank-wide regulatory compliance and anti-money laundering initiatives. This includes developing policies and procedures to manage and mitigate risks relating to money laundering and financing of terrorism, as well as monitoring, detection and combating of money laundering and financial crime activities.
We are looking for a good and independent commercial/banking lawyer to join our Consumer Financial Services Legal Team (“CFS Legal Team”). As a key member of the CFS Legal Team, the successful candidate will be given the opportunity to be involved in: (a) providing legal support to the Bank’s consumer banking business, which includes, the following businesses: (i) wealth management business, (ii) lifestyle financing business (this includes unsecured lending, card products, digital banking proposition) (iii) merchant acquisition/payment processing business (this includes reviewing of merchant agreements, agreements with card associations etc) (iv) ecosystem business (this includes helping the business unit to implement value added lifestyle services for retail customers); (v) secured lending business (this includes housing loans and other premium financing activities); (vi) digital and digital transformation businesses (this includes the bank’s digital banking platforms and digital initiatives); (b) providing legal support to the Bank’s customer experience and branding and communication business units (this includes business units involved with design, research, analytics etc). (c) providing legal support to the Bank’s service channels (this includes providing assistance with customer disputes and complaints); (d) providing legal support to other consumer banking related matters which includes: (i) ensuring adherence by business units with procedures of the Bank’s documentation standards and to maintain/update documentation templates, procedures and policies; (ii) conduct training/seminars on legal issues and product documentation.

Qualifications

Qualifications The candidate should preferably have the following qualifications:

• Admitted to practice in Singapore as an advocate and solicitor.
• 6 - 8 years PQE (we may consider a candidate with lower PQE if candidate has relevant consumer banking experience and is able to demonstrate ability to manage work and stakeholders independently)
• Prior experience in consumer banking or corporate/commercial related matters and with good working knowledge of legal issues relating to or arising out of such matters
• Be able to provide quality, timely and practical legal advice to the business units
• Some experience in litigation although this is not a prerequisite
• Some experience or interest in learning about fintech and digital banking solutions
• Fluent in written and conversational English
• Be a team player and yet able to work independently
• Be self-motivated, collaborative and adaptable
• Have excellent people management and communication skills

At OCBC, we recognise your drive, passion and talent. We will bring out the best in you and empower you to excel. Fulfil your life goals and career ambitions with us.

• We regret that only shortlisted Candidates will be notified.

Primary Location: Singapore Job: Legal Organization: GLRC - Legal Schedule: Permanent Job Posting: 18-Aug-2022, 2:33:21 AM