Head of US Legal, CIB, Managing Director - HSBC
New York, NY 10261
About the Job
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 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 act 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 incorporate 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.