Senior Legal Counsel

Senior Legal Counsel, UK, CIB, Legal Function - Structured Finance & WPM Legal - GCB4 – London

Some careers open more doors than others.

If you’re looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow your skills further.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

HSBC’s Legal function plays a critical role in supporting the bank’s global operations, managing legal risk, and ensuring the efficient and effective use of external legal resources. We work closely with leading law firms and alternative legal service providers (ALSPs) to secure the best commercial and strategic outcomes for the bank

We are currently seeking an experienced individual to join the Structured Finance & WPM Legal Team in CIB. As the Senior Legal Counsel you will provide a high quality, timely and cost effective legal advice and transaction management service to the Structured Finance team, with a key focus on;

• Private securitizations of various assets classes, including without limitation, credit card, auto loan, mortgage loan and trade receivables portfolios
• Back- Leverage Facilities/Loan on Loan Transactions
• Financing of portfolio acquisitions (performing or non-performing assets)
• Providing regulatory advice as it relates to Structured Finance with a key focus Securitization Regulation.

In this role, you will:

• Lead the structuring, review and negotiation of finance documentation for cross border loan, note, conduit and securitization transactions (with involvement from pitch phase to completion, and thereafter), alongside origination teams,
• Review, internal escalation and resolution of legal, reputational and other internal issues,
• Manage relationships with the various internal and external stakeholders, CIB senior management, Issuer Services, other colleagues in Legal (both in London and in other teams globally), Compliance, Credit and Tax, and
• Keep abreast of relevant regulatory and legal developments insofar as they affect Structured Finance transactions with a key focus on Securitization Regulation.

To be successful in this role you should meet the following requirements:

• Qualified lawyer with demonstrable extensive experience within structured finance with a strong background in securitization, particularly from a lenders/asset backed lending standpoint, in navigating LMA documentation and have a strong understanding of UK/EU Securitization Regulation.
• Knowledge and experience of banking, corporate and securities law concepts and a working knowledge of the laws in the major jurisdictions in which HSBC operates.
• Ability to think independently being mindful of maintaining an appropriate balance between management and mitigation of legal risk and business efficacy.
• Ability to work with individuals at different levels of seniority, with the ability to build relationships by communicating, influencing and negotiating effectively with stakeholder/customers
• Corporate experience and Compliance experience an advantage, but not essential

The base location for this role is London with a hybrid working pattern.

You’ll achieve more when you join HSBC.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: [email protected]

Telephone: +44 207 832 8500