Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBC's international network comprises around 6,600 offices in over 80 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by over 220,000 shareholders in 129 countries and territories.
HSBC provides a comprehensive range of financial services to around 58 million customers through four global businesses: Retail Banking & Wealth Management; Commercial Banking; Global Banking and Markets; and Global Private Banking.
The HSBC Group in Luxemburg is a significant employer and operates several businesses including asset management, securities services, private banking and corporate banking.
In order to strengthen our Luxembourg team, we are looking to recruit a:
Advise more specifically the asset management business within a team of 4 lawyers acting for a global banking group
Provide day to day transactional (and where required litigation) support to various businesses in the negotiation of legal documents including investment management agreements, distribution agreements, fund depositary and administration agreements, and any related ancillary documentation for all client sectors including UCITS investment funds and alternative investment funds
Provide pre- and post-signing support where relevant to client service managers and the sales & business development teams
Provide subject matter and legal expertise to the Luxembourg General Counsel in the formulation of standards and guidance, policies, procedures and controls for the management of legal risks where relevant for the global businesses in Luxembourg, working on global projects as required
Contribute actively to all applicable business governance meetings including the business acceptance committee, risk management committee, regulatory change project meetings and any other ad hoc or relevant committees
Work alongside and build strong relationships with colleagues in Legal (locally and on a global basis) and other functions or businesses
Work closely with the business and strategy teams on new product launches, changes to templates and understand market developments
Work with the Global Asset Management legal team on local and global legal issues that affect the asset management business.
Coordinate legal projects, remediation exercises etc.
Be a trusted legal adviser to the senior business management teams at both a regional and global level.
Be an active contributor to the global legal practice groups where relevant
Job-holder will be part of a 4 lawyers team in HSBC Luxembourg Legal in Luxembourg City
Professional skills and experience:
Strong knowledge of European investment funds related rules and regulations (e.g. UCITS Directive, AIFMD, EMIR, PRIIPS) including Luxembourg laws, acquired either in private practice or in-house (minimum of 6-8 years) within an international group, with an investment manager, fund or management company.
Experienced and confident practitioner
Able to handle a diverse range of legal and regulatory issues in various areas beyond funds law
Self-starter, independent with good organisational skills and ability to prioritise effectively
Excellent communication, negotiation and inter-personal skills
Lateral thinking/problem solving
Stamina and ability to work under pressure and within time constraints
Ability to deal with highly confidential and commercially sensitive information with discretion
Ability to manage competing internal stakeholder relationships
Ability to accurately identify, convey and manage legal risk
Work closely with other members of the Luxembourg legal team and ensure that members of the team with less expertise are updated and take care of current and emerging legal risks
Experience in controlling external legal costs and managing relationships with external legal counsels would be an additional skill highly appreciated
Fluent in both French and English.
If you want to work in our challenging and multicultural environment and be part of a global team, please send your application letter and curriculum vitae (in English) to: firstname.lastname@example.org
HSBC in Luxembourg strives for true diversity in its workforce and as such we are an equal opportunities employer and positively encourage applications from all suitably qualified candidates. Please note that due to the volume of applications received, we will acknowledge your application only if we wish to proceed to interview. If you have not received a response within 4 weeks your application has not been successful. Please also note that every selected candidate will have to provide us with a valid criminal record check in due time.