Legal Counsel, Group Commercial Legal Counsel, Group Commercial
Job Summary
To review, advise, draft and negotiate global procurement contracts (technology and non-technology) to ensure they meet the Group’s third-party contract standards and applicable law. This will include software, market data and subscription licences, escrow agreements, hardware, equipment/device purchases and support/maintenance services, business process outsourcing, professional services arrangements across the global functions and businesses, HR and other functional support services, general goods and services arrangements and intragroup servicing arrangements, including outsourcing.
To analyse potential risks involved with specific contract teams and other risk owners.
To keep up to date with relevant policies and procedures and applicable law.
To provide stakeholders with accurate and timely information and advice regarding the status of contract matters.
To support with continuous improvement initiatives in relation to contract processes, workflow, guidance, playbooks and templates and provide training on contract legal issues to legal teams and other stakeholders.
To collaborate and coordinate with other legal teams across the Bank to ensure appropriate overall matter management. Where external counsel is appointed, to manage the engagement, oversee the quality of work and effective delivery of legal support and manage external legal costs.
To support on team management and administration tasks where required
Responsible for adhering to the Group Contracts Policy, the Group process for supplier contracts and the Group’s third-party risk management framework.
Responsibilities
Strategy
Develop the legal service delivery model for Commercial legal support and a best in class legal operational approach to the team’s global legal activity, including through the adoption of legal technology.
Support the Head of Group Commercial Legal in executing the team’s strategy and growth, including in respect of the team’s Centre of Excellence hubs.
Promote a culture and practice of good conduct of business and adherence to legal standards within the Group.
Business
Support the global Businesses and other Functions with commercial and technology vendor and other third party business arrangements to ensure they meet the Group’s third-party risk management requirements and applicable law.
Support the Group’s intragroup services and operational framework, including intragroup outsourcing and transfer pricing.
Support other regulatory remediation and change initiatives impacting the Group’s global vendor, other third party and intragroup arrangements, and related change management in respect of operational processes, policies and standards and contract documentation.
Processes
Responsible for adhering to the Group Contracts Policy, the Group’s Third-Party Risk Management Framework and related policies and standards.
Maintain the team’s Department Operating Instructions for third party contracts and keep them under review.
Support with continuous improvement initiatives in relation to contract management, workflow and other process and legal operations tools as well as contract playbooks, guidance and templates.
Provide training to other Legal teams and stakeholders across the Group Functions and Businesses.
Keep up to date with Group policies and standards and applicable law across the Group’s international jurisdictions.
Where external counsel is appointed, manage those appointments in accordance with the Group Engaging External Counsel Policy including ensuring the scope of work is defined and appropriate, overseeing the quality of work and managing external legal costs.
People & Talent
Support the Head Legal COE by providing supervision, guidance and support to the wider global team.
Promoting good legal practice and standards across the Group.
Fostering an environment that drives best practice and development across the wider Legal team.
Key Responsibilities
Risk Management
Providing expert guidance and support on legal and operational risk identification and management.
Ensuring proactive and timely identification, assessment, advice and dissemination of evolving legal and regulatory changes/practices and associated risks on third party risk management and outsourcing.
Supporting advice to Risk Owners on legal issues arising in contracts, including in respect of data protection, outsourcing, information and cyber security, cloud and operational resilience.
Supporting early resolution of vendor and other third party contract management issues and pre-litigation disputes.
Governance
Establish strong relationships with key stakeholders at all levels, while independently performing own duties.
Work with Businesses and Functions and colleagues in the Legal Function to identify and develop process enhancements and simplification opportunities and innovative solutions to improve and enhance efficiency of legal operations and service delivery.
Regulatory & Business Conduct
Display exemplary conduct and live by the Group’s Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Display exemplary conduct and live by the Group’s Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Taking personal and team responsibility for achieving the outcomes set out in the Bank’s Conduct Principles.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
Supply Chain Management
Risk Owners, including TTO, CISRO, CISO, Chief Data Office, Group Data Protection Office, Financial Crime Compliance, Risk, HR and Group Internal Audit
Relevant Businesses and Global Functions
Enterprise Legal Team (including Group Commercial Legal, Data, Technology & Operations Legal, Business Technology Legal, SC Ventures Legal, Corporate and M&A Legal and Legal COO)
Disputes & Government Investigations Legal Team
Country Legal Teams
Other Responsibilities
Embed Here for Good and the Group’s brand and values and demonstrate the Valued Behaviours as a member of the Legal Function.
Perform other responsibilities as assigned.
Qualifications
Must be a qualified lawyer in a common law jurisdiction with in-depth post qualification experience as a specialist lawyer advising on commercial, technology and/or corporate legal issues in house or in private practice.
Role Specific Technical Competencies
Professional Legal Qualification
Commercial Law
Regulatory Framework and Requirements
Business Acumen
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together We
Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What We Offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
Flexible working options based around home and office locations, with flexible working patterns.
Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Legal Fundamentals