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Legal Counsel

Posted on Jan 2, 2020 by HSBC

Luxembourg, Luxembourg
Immediate Start
Annual Salary

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 66 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa.

With assets of $2,659bn at 31 March 2019, HSBC is one of the world's largest banking and financial services organisations.

HSBC provides a comprehensive range of financial services through four global businesses: Retail Banking & Wealth Management; Commercial Banking; Global Banking and Markets; and Global Private Banking.

The HSBC Group in Luxembourg is a significant employer and operates several businesses including asset management, securities services, private banking and corporate banking.

In order to strengthen our Luxembourg team, we are looking to recruit a:

Legal Counsel
Permanent contract

Role and Responsibilities:

Reporting to the Luxembourg General Counsel, the role holder will provide first class internal legal advice, guidance and support primarily but not exclusively to HSBC Global Banking and Markets (GBM) and to Asset Management (Management Company) in Luxembourg. He/she may also assist from time to time on legal matters relating to any other HSBC business in Luxembourg.
He/she will ensure that the Group's exposure to legal risk is managed and the execution of Group business and operational strategies and initiatives are facilitated.

Principal accountabilities:

• Provide support to GBM and Asset Management generally.
• To be considered to be a trusted adviser to the GBM business and Asset Management by providing commercially sensitive, pragmatic and practical legal support and advice in a cost-effective manner.
• Provide support and guidance to GBM (especially Securities Services) departments and HIFL (Asset Management) and other Luxembourg HSBC entities, including without limitation the Private Bank in Luxembourg ("PBLU") and the Luxembourg Legal Function with regard to legal risks arising in jobholder's area of expertise.
• Be proactive in the provision of legal support and in advising the business promptly of material legal developments and their implications
• Ensure the Luxembourg General Counsel is fully briefed on major issues arising in relevant business area and major legislative changes in area of expertise
• Build and maintain positive and effective relationships with panel law firms and other appropriate external parties.

Professional Skills and Experience

• Law degree
• Strong knowledge of Luxembourg law and EU law acquired with either private practice or experience (minimum of 5+ years PQE) within an international group in a securities services/investor services business and/or Management Company. Background in various areas of corporate banking activities and payment and cash management activities and/or private banking would be a strong advantage.
• Experienced and confident practitioner
• Up-to-date knowledge of developments in relation to banking law and funds
• Able to handle a diverse range of legal and regulatory issues (e.g. general banking, regulatory developments (e.g. AIFMD, UCITS V, MIFID, PSD2, GDPR, etc.))
• Self-starter, independent with good organisational skills and the ability to prioritise effectively
• Excellent communication, negotiation and inter-personal skills
• Lateral thinking/problem solving
• Stamina and ability to work under pressure and within time constraints
• Ability to deal with highly confidential and commercially sensitive information with discretion
• Ability to manage competing internal stakeholder relationships
• Ability to accurately identify, convey and manage legal risk
• Work closely with other members of the Luxembourg legal team and provide support to the Senior Legal Counsel in charge of the same perimeter
• Experience in controlling external legal costs and managing relationships with external legal counsels
• Fluent in French and English.

If you want to work in our challenging and multicultural environment and be part of a global team, please send your application letter and curriculum vitae (in English) to:

HSBC in Luxembourg strives for true diversity in its workforce and as such we are an equal opportunities employer and positively encourage applications from all suitably qualified candidates.

Please note that due to the volume of applications received, we will acknowledge your application only if we wish to proceed to interview. If you have not received a response within 4 weeks your application has not been successful.

Please also note that every selected candidate will have to provide us with a valid criminal record check in due time.

For any GDPR request, please send it to: .

Reference: 820837168

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