Assistant Vice President Legal - Retail & Property

at  Bank Of China

Legal and Company Secretariat department is responsible for ensuring that all legal and regulatory risks in the UK operations of Bank of China are identified, managed and mitigated, while good and efficient corporate governance is maintained and enhanced. As an Assistant Vice President Legal – Retail & Property, you will act as a subject matter expert on all retail matters for BOC UK. This role will involve close working with other members of the team and with the various business lines and departments. This is a highly commercial and interesting role that would suit someone who wants to be at the heart of both the business and legal team working on a range of legal documents to support the wider banking business. The role will require a deep understanding of retail and property law and relevant banking regulation, including the new Consumer Duty. This is a full time permanent position.

REQUIREMENTS

• Admission in England and Wales
• Solid in-house legal experience in the Financial Services industry
• Experience in lease agreements and commercial property arrangements
• Able to work in-house with a mix of professionals and stakeholders and in a fast paced environment
• Able to work independently, applying commercial acumen and sound legal judgment
• Excellent organisational skills
• Logical and detail oriented
• Adaptable to changing circumstances, goals and plans
• Team player who is willing to assist others when necessary and appropriate
• Excellent communication skills
• Fluency in Mandarin is preferred
  Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally

• Subject matter lead on all retail matters and all retail products to Personal Banking Department and all the Branch network within the UK, including residential and buy-to-let mortgages, credit cards, and savings accounts
• Subject matter lead on Consumer Duty and attending relevant meetings, and liaising with all key stakeholders including Compliance
• Advise on corporate transactions
• Provide sound legal advice and support to the various departments and stakeholders in the Bank, including senior management, and the Branch network within the UK, relating to retail matters
• Identify need for external counsel where appropriate and allocating work accordingly between in-house and external lawyers, ensuring cost effectiveness
• Responsible for briefing and managing external counsel, ensuring adherence to budget and high quality work product and deliverables
• Assist on broader, bank-wide legal risk management projects including drafting and implementing relevant policies and procedures
• Ensure prompt reporting and escalation of legal risk and relevant matters to HOD
• Manage competing work priorities and deliver high quality and efficient service to the Bank