Head of US Legal, CIB, Managing Director
HSBC
**Description**
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Global Legal plays an important role in protecting the Group’s reputation by helping to future-proof the organisation through robust legal risk and issue advisory. Responsible for providing comprehensive legal advice to senior management and all global businesses and functions, the team offers a diverse range of legal skills, jurisdictional experience and practice specialisms across all countries and territories in which our businesses operate.
We are currently seeking an ambitious individual to join our Global Legal team, working together with colleagues to define, manage and achieve divisional business targets.
In this role, you will:
+ Leverage your transactional legal experience and a deep knowledge in banking law to provide expert and professional legal advice, guidance, and support to ensure that the legal and reputational risk faced by the CIB business in the US and globally are identified, reported and mitigated
+ Be accountable on material legal issues that the U.S. CIB business faces in the United States and globally
+ Lead and manage an inclusive team of lawyers to support the company
+ Coordinate, communicate and execute the strategic and operational objectives of the US Legal function
+ Partner with senior executives and business stakeholders in the U.S. and globally to drive growth while managing legal and regulatory risks
+ Actively manage the internal and external legal costs required to support the US CIB business
+ Act as a member of the US Legal Executive Committee, contributing as required on both regional and global issues and leadership actions
+ Be the accountable lawyer to the executives of the US and global CIB business
+ Evaluate and respond to changes in legal and regulatory requirements as they arise
Accountabilities for Business, Customers and Stakeholders:
+ A plan that supports sustainable business growth in the US and protects the bank, enabling the business to operate safely and within the letter and spirit of the law
+ Engage with the wider business agenda, knowing and understanding the client base, client needs and proactively providing sustainable solutions as well as challenging the business to ensure that appropriate controls are in place
+ Deliver of strong, strategic leadership and partnership that includes guidance, challenge, support and development for staff. Team and associated knowledge is recognised and valued by stakeholders
Leadership & Teamwork
+ Provide clear, strong leadership for US CIB Legal
+ Lead through change and acts as a role model for new ways and standards of working being open, dependable and connected
+ Identify, develop, retain and motivate teams
+ Lead and develop an effective team through communication, performance management, development plans and reward/recognition practices
+ Promote an environment that supports diversity and reflects the HSBC brand
Drives Future Focused Strategy:
+ See beyond the ‘day to day’ work; taking a broad strategic view of the business
+ Create strategies with insight and knowledge of the market, customers, competitors and digital technology
Demonstrates new ways of working to improve performance
+ Take both a global and country perspective on business issues
Inspires & Role Models:
+ Collaborate proactively with employees at all levels and incorporates feedback
+ Create buy-in to strategy enabling others to understand purpose and direction
+ Widely acknowledged for attracting strong, talented teams and building networks
Balances Growth and Risk:
+ Works collaboratively across functional/business/geographic boundaries, sharing ideas and resources to mutual advantage
Executes for Results:
+ As a trusted advisor to the Business, continually adapts to deliver what is a priority
+ Balance the need for consensus, consultation and rigor with the need to drive progress
+ Drive quickly to decisions based on available data and input
+ Successfully complete Anti-Money Laundering and Sanctions training and post-course assessment as required
For this role, HSBC targets a pay range between $400,000.00 and $500,000.00
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
**Qualifications**
To be successful in the role, you should meet the following requirements:
+ Comprehensive understanding of the regional strategy for HSBC
+ 15 years of experience, candidates with experience working in both an in house financial services company and a law firm environment preferred
+ Experience leading in house transaction legal teams, with a deep understanding of Capital Markets legal issues
+ Understand the legal landscape, regulatory requirements and political influences across the US
+ Ability to influence thinking and behaviours regionally, can provide concise legal solutions to senior business sponsors; collaborates with internal and external stakeholders proactively to recommend or determine a course of action
+ Exhibit robust judgement and decision making, and is resilient to challenge
+ An understanding of each CIB vertical, including Credit & Lending, GTS and GPS, and Capital Markets is preferred
+ Background of working in legally sensitive, evolving environments, balancing commercial, reputational and regulatory objectives
+ A track record of creating, leading and motivating teams; assembling the right expertise and effectively managing human capital to ensure correct coverage
+ Has advised and influenced courses of action in the business.
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
**Job Field:** Legal
**Primary Location:** North America-United States-New York-New York
**Other Locations:** North America-United States-New York-Buffalo, North America-United States-Illinois-Chicago
**Req ID:** 0000L1EA
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