Legal Counsel - Fixed Income & Derivatives (Vice President Grade)
- Employer
- BNP Paribas
- Location
- Singapore, Singapore
- Salary
- Competitive
- Posted
- 23 May 2023
- Closes
- 02 Jun 2023
- Ref
- 19658935
- Job Function
- Compliance/Regulatory
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
* excluding partnerships
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
https://careers.apac.bnpparibas/
Position Purpose
The role is a full time part of Derivatives and Securities LEGAL, reporting hierarchically to the APAC Head
of CCFR and Securitised Products, Derivatives and Securities LEGAL (the "Manager"), and provides
transactional legal support to:
1. the Commodities, Credit, FX and Rates Derivatives (CCFR) businesses in Asia Pacific, covering
structured/complex derivative and repo transactions, issuances of structured securities (including
repackagings) and physical/synthetic commodities matters etc, and
2. the Securitised Products (SP) business in Asia Pacific, covering the origination and structuring of
asset finance and traditional / synthetic securitization solutions such as ABS, RMBS, ABCP, and
warehousing across a variety of financial instruments.
Key Responsibilities
• Provide legal advice, legal support and manage legal risks for the CCFR and SP businesses within
Global Markets, across 13 markets in APAC;
• Work closely with front office (including Structuring and Sales) and support functions (including Risk,
Compliance and Operations) to support the CCFR and SP businesses;
• Liaise with internal legal colleagues and external advisers in: (a) reviewing and drafting term sheets,
non-disclosure agreements and other miscellaneous documentation; (b) reviewing and drafting /
commenting on transaction contract documentation; (c) providing legal sign-off on transactions and ad
hoc legal issues; (d) advising internal colleagues on contract documentation and procedure; and (e)
advising internal colleagues on legal and regulatory issues affecting the transactions or business;
• Apply rigorous discipline to the use of external and internal legal resources;
• Monitor and ensure that the Business and other functions are kept up-to-date with legal and regulatory
developments affecting CCFR and SP products, and help BNP Paribas manage regulatory change in
APAC which can arise from global and regional regulatory reform;
• Participate in CCFR and SP Credit Committees and Transaction Approval Committees, including by
conducting legal analysis of new transactions or activities and representing Legal in the committee
meetings where appropriate; and
• Work with lawyers across Derivatives and Securities LEGAL, globally and regionally, to
develop/maintain relevant group/regional policies and procedures, develop/share know-how and
implement best practice, and contribute to efficiency / technology projects.
• Assisting with the coordination of, and contribute to, education and training programmes and the
sharing of know-how in CCFR and SP across Derivatives and Securities LEGAL.
• Contributing to regional and global communications within CCFR and SP and, as required, Derivatives
and Securities LEGAL, including the CCFR and SP LEGAL SharePoint sites.
Competencies (Technical / Behavioral)
• Possess strong technical legal and analytical skills combined with a commercially minded, solutions-focused approach.
• Able to work under pressure, deal with demanding timelines and manage a large and diverse
workload, with minimal supervision and as part of a cross-product and cross-border team.
• Able to operate independently and with initiative, taking ownerships of tasks and larger projects, as
appropriate.
• Able to work collaboratively as a part of a team, and to connect and engage well with business and
other functions, whether in person or remotely.
• Conduct: must demonstrate the highest ethical standards in their behaviors and work, and a willingness
to support other members of the team. Must help to foster a cohesive, respectful and pleasant working
environment.
• Excellent negotiation, writing and communication skills. Ability to communicate effectively and
confidently with individuals at all levels of seniority and from different cultures.
• Attentive to detail and able to deliver high quality legal risk management solutions.
• Able and willing to provide technical guidance to junior team members and secondees.
• Curious and willing to expand product, jurisdictional knowledge, explore new and efficient ways of
working.
• Sufficient diplomacy and gravitas to interact with senior colleagues across the Bank
Specific Qualifications Required
• Lawyer qualified in common law jurisdiction, with more than 5 years of post-qualification experience in
one or more of Commodities / Credit / FX / Rates derivatives / securitization products, gained at an
international law firm and/or a global financial institution. Experience in structured credit and/or
sustainability linked derivatives would be an advantage. On the job training will be provided to
address any experience gaps.
• Fluency (written and spoken) in English. Proficiency in Mandarin or another Asian language would be
an advantage.
Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
* excluding partnerships
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
https://careers.apac.bnpparibas/
Position Purpose
The role is a full time part of Derivatives and Securities LEGAL, reporting hierarchically to the APAC Head
of CCFR and Securitised Products, Derivatives and Securities LEGAL (the "Manager"), and provides
transactional legal support to:
1. the Commodities, Credit, FX and Rates Derivatives (CCFR) businesses in Asia Pacific, covering
structured/complex derivative and repo transactions, issuances of structured securities (including
repackagings) and physical/synthetic commodities matters etc, and
2. the Securitised Products (SP) business in Asia Pacific, covering the origination and structuring of
asset finance and traditional / synthetic securitization solutions such as ABS, RMBS, ABCP, and
warehousing across a variety of financial instruments.
Key Responsibilities
• Provide legal advice, legal support and manage legal risks for the CCFR and SP businesses within
Global Markets, across 13 markets in APAC;
• Work closely with front office (including Structuring and Sales) and support functions (including Risk,
Compliance and Operations) to support the CCFR and SP businesses;
• Liaise with internal legal colleagues and external advisers in: (a) reviewing and drafting term sheets,
non-disclosure agreements and other miscellaneous documentation; (b) reviewing and drafting /
commenting on transaction contract documentation; (c) providing legal sign-off on transactions and ad
hoc legal issues; (d) advising internal colleagues on contract documentation and procedure; and (e)
advising internal colleagues on legal and regulatory issues affecting the transactions or business;
• Apply rigorous discipline to the use of external and internal legal resources;
• Monitor and ensure that the Business and other functions are kept up-to-date with legal and regulatory
developments affecting CCFR and SP products, and help BNP Paribas manage regulatory change in
APAC which can arise from global and regional regulatory reform;
• Participate in CCFR and SP Credit Committees and Transaction Approval Committees, including by
conducting legal analysis of new transactions or activities and representing Legal in the committee
meetings where appropriate; and
• Work with lawyers across Derivatives and Securities LEGAL, globally and regionally, to
develop/maintain relevant group/regional policies and procedures, develop/share know-how and
implement best practice, and contribute to efficiency / technology projects.
• Assisting with the coordination of, and contribute to, education and training programmes and the
sharing of know-how in CCFR and SP across Derivatives and Securities LEGAL.
• Contributing to regional and global communications within CCFR and SP and, as required, Derivatives
and Securities LEGAL, including the CCFR and SP LEGAL SharePoint sites.
Competencies (Technical / Behavioral)
• Possess strong technical legal and analytical skills combined with a commercially minded, solutions-focused approach.
• Able to work under pressure, deal with demanding timelines and manage a large and diverse
workload, with minimal supervision and as part of a cross-product and cross-border team.
• Able to operate independently and with initiative, taking ownerships of tasks and larger projects, as
appropriate.
• Able to work collaboratively as a part of a team, and to connect and engage well with business and
other functions, whether in person or remotely.
• Conduct: must demonstrate the highest ethical standards in their behaviors and work, and a willingness
to support other members of the team. Must help to foster a cohesive, respectful and pleasant working
environment.
• Excellent negotiation, writing and communication skills. Ability to communicate effectively and
confidently with individuals at all levels of seniority and from different cultures.
• Attentive to detail and able to deliver high quality legal risk management solutions.
• Able and willing to provide technical guidance to junior team members and secondees.
• Curious and willing to expand product, jurisdictional knowledge, explore new and efficient ways of
working.
• Sufficient diplomacy and gravitas to interact with senior colleagues across the Bank
Specific Qualifications Required
• Lawyer qualified in common law jurisdiction, with more than 5 years of post-qualification experience in
one or more of Commodities / Credit / FX / Rates derivatives / securitization products, gained at an
international law firm and/or a global financial institution. Experience in structured credit and/or
sustainability linked derivatives would be an advantage. On the job training will be provided to
address any experience gaps.
• Fluency (written and spoken) in English. Proficiency in Mandarin or another Asian language would be
an advantage.