Snr Assoc/AVP Group Legal & Compliance – Global Financial Markets (Department: Group Legal & Compliance)

Job Purpose

To provide legal and regulatory support to the GFM business in DBS Bank Group, with a primary focus on the review and negotiation of GFM trading documentation.

Responsibilities

• To review and negotiate GFM legal documentation (in particular, master trading agreements, e.g. ISDA / CSA, GMRA, GMSLA, master give-up agreements, and related e-trading, central clearing and vendor agreements) and to identify, advise on and manage legal risks associated with the operation of the GFM business.

• To prepare and update standard form documentation for use by the GFM business together with related guidance notes and other advisory materials for new and existing master trading agreements.

• To work closely with rest of the Legal & Compliance team and the GFM business to ensure the relevant legal and regulatory requirements are well understood by the GFM business and are reflected in the relevant documentation and internal procedures.

• To partner with relevant stakeholders both within and outside the GFM business (including Sales or Trading, Credit, Operations / Collateral Management, and Relationship Managers) to ensure relevant documentation standards and policies are complied with, and to obtain relevant internal approvals.

• To provide general legal and compliance advice, guidance and solutions on legal and regulatory issues to the GFM business.

Key Accountabilities

• Provide responsive, sound, coherent and consistent legal advice on legal, regulatory and contractual / documentation issues to internal clients (i.e. front, middle and back offices of the GFM business).

• Establish, review and update internal rules, policies, guidelines and templates to meet best practice regulatory and industry standards for the management of legal and documentary risks.

• Work with the rest of the Legal & Compliance team to ensure effective interpretation and recommendations on any regulatory changes and policies in Singapore and globally that have an impact on the GFM business and GFM legal documentation.

• Maintain strong internal relationships, acting as a professional and value-adding partner with the business and support units.

• Embrace multi-disciplinary capabilities and expansion of skillsets, enabled by GenAI, digital tools, data and agile way of working.

Requirements

• Qualified lawyer of UK or Singapore. At least 3-8 years of post-qualification relevant experience with a financial institution or in private practice.

• Strong awareness of regulations / laws (e.g. MAS Notices, Banking Act, Companies Act, Securities and Futures Act, and Financial Advisers Act) in Singapore, regionally and globally.

• Technical knowledge and practical experience in negotiation and advising on GFM documentation (in particular ISDA / CSA, GMRA, GMSLA) and products would be helpful.

• Excellent communication skills with ability to clearly and diplomatically articulate issues, solutions and rationales.

• Ability to think critically with good problem-solving skills; results-oriented to ensure sound implementation of controls and compliance processes / procedures.

• Commercial acumen and able to work under pressure in a fast-paced environment.

• Team player who can work together with a varied group of legal and compliance professionals and yet self-driven and able to work independently.

• Flexibility in learning and adapting to Legal & Compliance’s new multi-disciplinary way of working.

Location: DBS Asia Central

Job: Legal & Compliance

Schedule: Regular

Employee Status: Full time