At a Glance
- Tasks: Provide expert legal advice and manage regulatory risks in a dynamic banking environment.
- Company: Join a leading Asian international bank with a strong presence in Sydney.
- Benefits: Competitive salary, professional growth, and the chance to work with senior leadership.
- Other info: Work in the vibrant Sydney CBD, collaborating with diverse teams.
- Why this job: Make a real impact by shaping legal strategies in a fast-paced financial sector.
- Qualifications: Must be an admitted solicitor with 6+ years of relevant experience.
The predicted salary is between 139590 - 170610 $ per year.
Morgan Mc Kinley are partnering with a leading Asian international bank to recruit a Senior Legal Counsel for their Sydney branch . Sitting within the Internal Control and Compliance division, this role serves as a trusted primary advisor responsible for delivering commercially focused legal counsel, managing regulatory risk, and supporting business growth across wholesale banking, treasury, trade finance, and private banking.
Operating within a cross-border foreign banking environment, the position requires an agile legal professional who can effectively align local regulatory standards with Head Office expectations while partnering directly with senior leadership.
Please note, this role requires you to be in the Sydney CBD office 5 days a week.
Responsibilities
- Serve as the branch's primary legal advisor, partnering with executive management across wholesale banking, treasury, trade finance, and corporate functions to enable strategic business initiatives while managing legal and operational risk.
- Oversee the drafting, negotiation, and review of complex financial documentation, customer agreements, treasury arrangements, technology contracts, and outsourcing frameworks.
- Design and maintain the bank's legal risk operating model, policies, and internal control frameworks to ensure full compliance with Australian legal and regulatory standards (including APRA and ASIC).
- Direct external legal counsel, manage litigation and regulatory inquiries, oversee legal expenditure, and ensure cost-effective, high-quality advice from panel law firms.
- Partner closely with Compliance, Risk, Financial Crime, and overseas Head Office stakeholders to coordinate responses to regulatory changes, statutory notices, and cross-border governance requirements.
Requirements
- Admitted as a solicitor to practice law in Australia with a current practicing certificate.
- A minimum of 6 years Post-Qualification Experience gained within a reputable law firm, major financial institution, or international corporate environment.
- Deep knowledge of Australian banking and financial services law, regulatory compliance, commercial contracts, and corporate governance.
- Prior experience navigating foreign or Asian corporate banking structures, cross-border transactional environments, and Head Office reporting lines.
- Exceptional communication and negotiation skills, with a proven track record of advising senior executives and simplifying complex legal concepts for commercial stakeholders.
Mandarin language skills are a bonus.
You must hold full Australian working rights (PR/Citizen).
#J-18808-Ljbffr
Senior Legal Counsel employer: Morgan McKinley
Morgan McKinley is an excellent employer that fosters a collaborative work culture, encouraging innovation and professional growth for its employees. With a focus on performance and security in the ServiceNow platform, team members benefit from ongoing training opportunities and a supportive environment that values their contributions. Located in a vibrant area, the company offers unique advantages such as flexible working arrangements and a commitment to employee well-being.
