We are seeking an experienced Senior Legal Counsel to join our Legal Dept, supporting the Bank’s technology, outsourcing and vendor teams with primary focus on IT contracts, outsourcing arrangements and new/emerging areas of financial tech. The role requires a strong understanding of financial regulatory requirements application to outsourcing and third-party risk management in a banking context.

QUALIFICATIONS/REQUIREMENTS:

• Good Law degree from a recognized university and admitted to practice in Singapore.
• Qualified lawyer with at least 9-12 years of post-qualification experience in a law firm and/or in-house legal dept (preferably in banks with experience on digital transformation projects) specialising in technology/outsourcing/vendor contracts.
• Strong knowledge and experience in outsourcing and data privacy regulations (e.g. PDPA/GDPR).
• Proven ability to negotiate IT, tech and services procurement contracts on behalf of financial institutions and provide strategic legal advice and practical solutions while balancing risks.
• Excellent communication, analytical, negotiation and interpersonal skills.
• Able to work independently and exercise sound legal judgment.
• Confident and meticulous and able to work in fast-paced environment.
• Proactive and growth-minded.

• Draft, review and negotiate technology contracts, including software licenses, cloud services, SaaS, infrastructure agreements, NDAs, maintenance and support contracts and consultancy arrangements.
• Providing legal support and advice on outsourcing arrangements in compliance with applicable legal and regulatory requirements (e.g. MAS Guidelines on Outsourcing, protection of customer information under Banking Act, PDPA).
• Provide legal support on issues arising from procurement, vendor onboarding processes and cybersecurity incidents, ensuring appropriate risk allocation, service levels, data privacy, intellectual property rights and termination/exit planning.
• Ensure that third party/vendor contracts are aligned with the Bank’s risk, compliance and data protection frameworks.
• Collaborate with internal stakeholders across technology, procurement, operations, risk and compliance teams to support digital initiatives, vendor management programs.
• Advise on emerging technology risks (e.g. AI, cybersecurity, cloud computing, data/information security).
• Drafting, updating, improving and maintaining agreements, standard templates, framework, guidance notes and other legal documents for the Bank and to conduct internal trainings.
• Advising the Bank on laws and regulations affecting the Bank and coordinating with Compliance and other internal stakeholders on implementation.
• Manage disputes or escalations involving vendors/service providers including enforcement of contractual rights.
• Co-ordinating legal matters with other offices under APAC where necessary. Assisting Head of Legal in managing, coordinating and rolling-out initiatives involving legal teams across Asia Pacific Division.
• Projects, initiatives and matters as may be assigned by Head of Legal from time to time.