Assistant Vice President - Legal
Malaysia
Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.
With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.
SUMITOMO MITSUI BANKING CORPORATION MALAYSIA BERHAD - SMBCMY
JOB RESPONSIBILITIES
1. Drafting, reviewing, commenting and advising respective divisions on legal documents which the Bank enters into such as Facility Letters (including supplemental letters), Corporate Guarantee, Bilateral loan agreements, Islamic banking documents, letters of indemnities by the Customer and/or third party and may include Trade Financing Documents, Bank Guarantees, Service Level Agreements, Deposits and Disclaimers.
2. To have an understanding of template documents, periodic review of standard Bank documentation and propose changes in view of legal and regulatory development.
3. To identify, analyse, advise, add value and mitigate legal risks for the Bank’s legal documentation in relation to product development, projects and operations.
4. Research on legal issues, legal developments, queries and updates in legislations. Provide knowledge sharing on legal related issues internally.
5. Providing legal support and revert on Bank's daily matters.
6. To perform any other duties as assigned and to assist Head of Legal.
JOB REQUIREMENTS
1. Professional law degree, LLB or equivalent.
2. Certificate of Legal Practice/ Bar, will be an added advantage.
3. Qualified lawyer with minimum 5+ years of experience gained from both legal practice and in house in the financial institution industry.
4. Strong understanding on both conventional and Islamic banking products, laws relevant to corporate, commercial lending & treasury products will be added advantage.
5. Strong understanding on service agreements and IT agreements.
6. Strong communication, presentation and negotiation skills.
7. Ability to propose legal solutions and implement legal measures bank wide to ensure compliance with laws.
8. Experience and knowledge on legal issues affecting the banking industry.
9. Able to highlight risks to business units to assist business units in decision making.
10. Possesses drafting skills, analytical and problem-solving skills.
11. Able to work within tight deadlines and prioritise urgent matters.