SVP, Legal and Compliance Function to Global Transactional Service (GTS) an at DBS Bank

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

01 Aug, 26

Salary

0.0

Posted On

03 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Legal advice, Compliance, Corporate banking, Transactional documentation, AML advisory, Regulatory requirements, Risk management, Credit and lending, Institutional banking, Cross-border regulations, Dispute resolution, Stakeholder management, Project management, Contract negotiation, Policy development, Financial services law

Industry

Banking

Description

About the role The role is to provide legal and compliance (L&C) support for Global Transactional Services (GTS) and IBG. GTS and IBG provide corporate customers with a full range of commercial banking products and services, including cash management services, trade and supply chain finance, custody services, working capital finance, loans and foreign exchange. The role will provide in-depth exposure to the IBG and GTS business and has multidisciplinary coverage, requiring close collaboration with the existing L&C and business partners. This role may also involve exposure to AML advisory areas, including working with AML subject matter experts on relevant AML issues arising across IBG and GTS. In addition, there will be opportunities to work with counterparts and business partners regionally outside Singapore where there are similar lines of business. Responsibilities Provide timely, commercial and sensible legal and regulatory advice to internal stakeholders, including providing advice on cross-border and domestic requirements relating to IBG/GTS business. Undertake review and development of standard documentation with product managers to improve commerciality, consistency and simplicity. Develop guidelines and processes for deviation from the Bank’s standard terms and conditions. Develop, streamline and improve on documentation, policies and processes. Support the development and execution of new products and initiatives. Provide guidance to business units on AML in high-risk customers or escalated case, partner closely with business units and AML subject matter expert in ensuring consistent and robust AML risk management framework in new products and initiatives. Assist and complete negotiation of transactional documentation. Implement tools/processes to mitigate legal and compliance risks, review materials to ensure adherence to regulatory requirements and provide thematic training to internal stakeholders. Work and liaise with external legal counsels and other internal stakeholders on implementation of new products, new product approval documentation and in the review and negotiation of transaction documentation. Work with external counsels to manage disputes and litigation. Requirements 10 - 15 years of relevant working experience in the financial/banking industry, preferably in corporate banking. Professional qualifications in addition to a degree in law from a reputable university. Experience and familiarity in handling documentation related to credit/lending and institutional banking products. Good knowledge of banking and financial services laws and regulations, best practices, and understanding of institutional banking products. Knowledge of cross border regulatory and legal framework (particularly in DBS core markets) will be an added advantage. Possess excellent written and verbal communication and inter-personal skills, ability to provide advice reflecting lateral thought and ability to work on multiple tasks, including running projects and managing multiple stakeholders. Must be a self-starter with initiative, be a team player who is innovative, customer focus and performance and results orientated. Able to effectively prioritize, manage and complete multiple transactions / tasks within deadlines Possess excellent analytical and problem-solving skills. Location: DBS Asia Central Job: Legal & Compliance Schedule: Regular Employee Status: Full time DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Responsibilities

Provide expert legal and compliance advice for Global Transactional Services and Institutional Banking Group products. Manage documentation, regulatory risk, and AML frameworks while collaborating with internal and external stakeholders.