Job Title: Legal Counsel (12 months Contract, potential to turn permanent)
(SFC licensed Wealth Management & IA Investment Products)
Location: Hong Kong
Job description:
Please note this is a 12-months contract role, with potential to turn permanent, so candidates that are immediately available (or with very short notice periods) will be given priority for interview.
A minimum of three years HK PQE, and in-house experience with an Insurance, Banking or SFC licensed Securities or Wealth Management firm is preferred.
The Legal Department:
This firm has a well-resourced legal team, with qualified lawyers and legal executives that are products and business sector specialists.
- Facilitate the business by giving proactive, practical and comprehensive legal advice and solutions
- Manage legal and contentious legal risk
- Protect the integrity and reputation of the group, with adherence to group-wide and Mainland Business and Government policies
Main Responsibilities:
- Provide expert and professional legal advice, guidance and support on a variety of business initiatives and activities in relation to Investments and Wealth Management Products and Solutions business to ensure that the legal and reputational risks of the HK business are proactively identified, managed and mitigated
- Support the Wealth Management Division launch, improve and enhance a diverse range of products.
- Products including for example: equities, structured products, fixed income, health, corporate and individual medical and individual/corporate life insurance products, including protection. savings and investment linked funds, MPF/ ORSO pension and retirement investments, ETF and other investment funds product as provided by the group and through other third-party issuers, vendors and partners that are distributed via the group.
- Draft, review and advise on various legal documents, products manuals and so on.
- Seek authorization from regulators e.g. The Securities and Futures Commission (SFC) prior to launching certain investment products and where appropriate, liaise with Group Head office in accordance with established protocols
- Identify emerging trends in relation to investment and wealth management areas and develop approaches for mitigating potential legal risk
- Identify new legal, regulatory and market developments that can affect business activities and evaluating and responding to changes
- Ensure legal team and relevant business are fully briefed on major issues arising in relevant business area and major legislative and case law changes in area of expertise
- Maintain and develop positive, supportive and professional working relationships with other members of the Legal function
- Share legal knowledge and best practices with legal colleagues
- Collaborate well with business, internal and external stakeholders and other functions
- Be proactive in the provision of legal support and in advising the business promptly of material legal developments and their implications
- Being innovative and suggesting solutions that are pragmatic and commercially sound, in addition to being legally sound• Monitoring major legislative changes and assessing the impact of such changes on the Banks business.
- Demonstrate sound judgement, strong legal skills, knowledge / experience by consistently delivering high quality work. Set high standards and act as role model in engagement with business partners
- Focus on continued developments in the legal knowledge, proactively support business and sharing any law updates and provide appropriate guidance as risk steward
- Strong capability as a team player and demonstrate the ability with high-performing and efficient team to support business and build close relationship with business partners (both in business and functions)
- Risk management activities – understand and apply the risk management framework to ensure quality, effective risk management and regulatory compliance
- Provide legal services in a cost-effective manner and properly manage legal expenses (internal and external) within the approved budget
Requirements:
- Qualified lawyer in Hong Kong with minimum 3 to 5 years of PQE
- Good knowledge of investment and wealth management products
- Good knowledge and hands on sell-side experience as legal counsel for issuers or distributors of wealth management and insurance investment products
- Good knowledge of the legal and regulatory requirements applicable to brokerage, intermediary and distribution process and the operational arrangements of all relevant investment products
- Experience in regulatory compliance work will be a bonus.
- Team player with good communication and strong interpersonal skills
- Strong ability to prioritize
- Lateral thinking/problem solving/creativity
- Proficiency in Cantonese, Mandarin and English- reading and typing in Chinese and English are both required.
- Great sense of ownership and a responsible mindset to ensure efficient and effective customer service processes to internal and external stake holders.
If this job isn't quite right for you, but you know someone who would be great for this role, why not take advantage of our referral scheme?
We offer HKD1000 in Apple gift cards for every referred candidate who we place in a role. Terms & Conditions Apply.
https://harbridgepartners.com/referral-scheme/
Please send an updated resume in English to our Managing Partner at ec(at)Harbridgepartners(dot)com
Interested in this and other roles? Please send an updated resume in English to CV[@]harbridgepartners[dot]com
Or contact +852 2523 9955 – and ask for Edward Chen, Richard Liu, Cora Pang
Harbridge Partners Limited
Employment Agency License: 75427