General Counsel | Virtual Bank of Leading Consumer Bank
Rare Learning Opportunity.
About Our Client
Our client is a very well established global bank with an excellent reputation. Having obtained the virtual banking license and with a view to grow this entity, the group is keen to take on a senior lawyer to oversee all legal matters within the entity.
As the General Counsel of the Virtual Bank entity, you will work with the CEO and management team in defining and executing the strategy of the brand, and to have oversight over Risk Management and Regulatory Compliance issues. You will work closely with all relevant business heads to mitigate and to anticipate all legal risks throughout a product , as well as to advise on all complex legal matters within the region. You will of course ensure regulatory compliance with local regulatory guidelines. As the most senior lawyer of the entity, you will also look after internal processes including leading negotiations with variety of vendors and to manage legal annual budget and forecasts.
The Successful Applicant
The successful candidate will be a 8+ PQE lawyer with common law qualification, with strong experience in banking law. Any prior in house exposure gained with other consumer / commercial banks is excellent, as is experience in setting up / assisting the set up of a virtual bank business. Having a interest in technology-related contracts is a plus, and ability to build on excellent relationships with local regulatory bodies (such as HKMA) is important. Language skills in English, Cantonese and spoken Putonghua is essential.
What's on Offer
Excellent and competitive remuneration.