Whoelsale Bank Legal Counsel (6-month contract) recruitment

Job Description

The key role is to analyse and define the business requirements globally across the bank's Regulatory, Risk and Compliance business infrastructure related to FATCA (Foreign Account Tax Compliance Act).

This includes defining and gaining agreement on position statements such as foreign financial institution definition, diligent review, exclusions, electronic search criteria, impact assessment, business process standardization definitions and delivering relevant the FATCA business requirements, processes, plans and costing for implementation by country/ segment for global WB.

Key Roles Responsibilities

* Develop WB policies and procedures designed to manage the risk of breaches of regulatory requirements related to FATCA
* Develop a framework for Compliance Risk Monitoring for FATCA.
- Acting as an interface between business units, technology teams and support teams for the WB Legal Compliance (L C) function.
* Ensure that compliance policies and procedures are clearly communicated to WB management.
* Working closely with Origination Client Coverage (OCC) and FATCA program team to implement new systems as required.
- corporate and contribute in collection of the project's L C business requirements and transferring the same knowledge to relevant teams e.g. design, development teams.
- Prepare accurate, detailed requirement specifications documents and documenting the acquired results of analysis and workflows as well as obtaining sign-off from the appropriate stakeholders. This includes areas such as, electronic search, account opening, KYC / AML, due diligence terms conditions, alerts for new US persons.
- Communicate with internal teams and or relevant parties to deliver agreed functional requirements
- Support WB Senior Compliance Advior in coordinating with the groups of business unit who test, validate, evaluate new capabilities and functions, and determine issues in services and operations.
* Managing any change requests related to the working project plans daily to meet the agreed deadlines
* Assist Senior WB Compliance Manager to implement controls in relation to all new legal and regulatory developments relevant to WB.

Qualifications Skills

* Educational background to degree level
* Qualified Lawyer in a common law jurisdiction
* Must have some relevant tax laws work experience within banks

How To Apply

You can search and view current opportunities across our organisation and apply immediately by registering or logging in to our careers website www.standardchartered.com/careers. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information to hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates

The closing date for applications is 27/08/2012. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.