Reporting to the Head of Legal and Company Secretary in Australia and assisting in the management of all legal risk for the
Corporate and Investment bank business lines (CIB), funds management team (IP) and support functions (operations, risk and compliance) for BNP Paribas Australasia.
This role requires the Legal Counsel to possess maturity, operational and commercial judgment and experience with demonstrated relationship management ability and excellent interpersonal skills. The Legal Counsel will also need to communicate effectively to influence and affect change in behaviour and process and have the strength to maintain their independence of views in all circumstances. The Legal Counsel will need to demonstrate applied knowledge of principles and practices of financial services law in Australia and New Zealand, strength in broad banking law and product knowledge of Corporate and Investment Banking operations would be very beneficial. Previous legal experience with another Corporate and Investment Bank would be viewed favourably. The Legal Counsel will have proven and effective analytical skills always seeking accuracy and quality in results.
- Managing the legal risk of all the business lines and functions in BNPP Aust.
- Providing legal support and coordinating legal matters primarily for BNPP Aust CIB
- Set up bank procedures and policies along best practices, implement proper filing and back up systems and internal control checks for the Legal function.
- Helping business lines and functions manage their business, structure transactions, products and contracts in a way that minimises legal risk.
- Taking an active part in the negotiation and establishment of agreements for new clients or new deals with existing clients. This may take the form of supporting sales and relationship managers in their commercial negotiations, or directly engaging with client’s legal advisors to resolve technical issues.
- Negotiating market documentation required to support the Market and Financing activities.
- Providing legal and regulatory advice to the business on new products and services and proactively anticipating legal issues and identifying future legal requirements.
- Developing and maintaining standard legal documentation for all products and services offered in Australia and New Zealand taking into account local requirements and global standards.
- Keeping up to date with the regulatory and legal environment Australia and New Zealand and applying required changes to BNP Paribas framework including standard documentation.
- Engaging and managing relationships with local external legal advisors on the panel.
- Providing reporting to Head of Legal, relevant Committees, and local management as and when required.
Technical and Behavioural Competencies required
- Sound knowledge of principles and practices of legal requirements in financial services in Australia and New Zealand (including banking)
- Up to date with regulatory requirements, as well as industry associations initiatives in Australia and New Zealand
- Knowledge in financial services, financial markets and products – and their activity drivers.
- Awareness of legal industry standards
- MS Word advanced user.
- Lotus Notes, Excel standard user.
- MS PowerPoint efficient.
- Technical/professional knowledge - Demonstrates a satisfactory level of technical and professional skills/knowledge in job related areas. Keeps abreast of current developments and trends in area of expertise
- Planning & Execution - Establishes courses of action for self and others to ensure work is completed efficiently. Effectively manages own time and resources to meet deadlines and quality standards.
- Team Orientation - Works with the team and the broader organisation towards shared goals and treats all colleagues and clients as partners
- Collaborative approach - Supports and shows respect for others. Puts people first, and works effectively with individuals, teams and clients.
- Impact & influence - Creates a positive and professional impact on others. Uses effective strategies to win others over. Exhibits persuasive representation of team and business objectives.
- Individual Leadership - Uses an appropriate interpersonal style to inspire and guide colleagues towards goal achievement. Adjusts behaviour to accommodate tasks, situations and individuals.
- Responsiveness - Adapts when facing new or unforeseen situations. Delivers on time the required service.
- Resilience - Continues to work effectively and pursue goals when faced with obstacles, periods of change and uncertainty, or resistance from others. Maintains effectiveness in uncertain or ambiguous situations
Experience and Qualifications required
The successful candidate should have approximately 7+ years legal experience in the financial services sector from a top tier law firm or alternatively from another bank. The candidate demonstrates the ability to operate independently and to apply judgement and knowledge to various situations, including regulation evaluation and oversight of any subsequent implementation. Experience in project management and stakeholder management would be beneficial.
The candidate will have legal technical knowledge and qualifications and will have awareness in industry and organisational standards and possess the ability to apply this knowledge in supporting the BNP Paribas legal framework. The candidate will be familiar with Australian and New Zealand financial services legal environment and have a good understanding of banking and securities laws..
With demonstrated commitment to ongoing professional and technical development, the candidate is committed to staying a step ahead of their business line managers – and as such possesses the ability to anticipate and identify areas of focus or concern with regards to key risk and legal management.
- Degree qualified in Law
- Current practicing certificate
- Technically specific qualifications or evidence of ongoing development for area of specialisation
- Post graduate qualifications in law beneficial