Legal Counsel, Asia ex-Japan

  • Market Rate
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • State Street
  • 23 Apr 18 2018-04-23

State Street Key Responsibilities * Advise on financial services and related laws applicable to the key business areas of trust and collective investment fund services, custody and administrative services, and investment manager outsourcing, as well as corporate and governance matters. * Advise on regulatory and

State Street



Key Responsibilities

  • Advise on financial services and related laws applicable to the key business areas of trust and collective investment fund services, custody and administrative services, and investment manager outsourcing, as well as corporate and governance matters.
  • Advise on regulatory and governance matters affecting State Street’s global services business in North Asia ex-Japan, although experience in all in-scope jurisdictions is not required
  • Participate in the development of new products and services and expansion into new markets, including active participation in the new products approval process
  • Participate in on-boarding of new clients, including interacting and negotiating directly with prospects and contributing to RFP responses and deal team
  • Draft and negotiate key service agreements with customers and/or services providers (e.g. trust deeds, custody services agreements, administrative services agreements, transfer agency agreements), as well as ancillary documentation (e.g. confidentiality agreements, service level agreements).
  • Prepare regular activity and legal developments reports for legal department management and local governance committees
  • Conduct regular and ad hoc educational seminars for employees on legal issues relating to the relevant business unit
  • Provide miscellaneous legal advice as required over a range of issues affecting the business
  • Assist where relevant in conjunction with other support units in the implementation, ongoing review and updating of procedures and controls relating to global services products and the relevant business entities
  • Participate in special projects as required
  • Manage outside counsel as required


Experience / Qualification / Key Skills / Attributes

  • Solicitor with 4-6 years PQE in the financial sector and preferably with specific recent experience supporting trustee, unit trust and/or collective investment schemes operations and global custody services.  A combination of in-house and external experience is desirable.  A lesser period of PQE or legal experience in another sector may be acceptable, depending on the candidate’s other skills, qualifications and experience
  • PRC or Taiwan legal background is highly desirable, although the candidate must also have a general familiarity with common law legal systems
  • Ability to interact/negotiate as required directly with clients, prospects and regulators in country
  • Willingness to travel occasionally to support relevant markets, although candidates unable to travel may be considered and are encouraged to apply
  • Keen understanding of current market practices applicable to unit trusts and collective investment schemes, and global custody services
  • Ability to work with the business units to develop practical solutions within applicable legal constraints
  • Fluency in English and Mandarin, and English and Chinese drafting essential
  • Ability to sustain strong relationships with clients, peers and staff and interact with multiple levels in the organization
  • Ability to work both independently and collaboratively in a team environment
  • Strong project management skills and deadline oriented, ability to prioritise and execute multiple tasks with attention to detail

The above cited duties and responsibilities describe the general nature and level of work to be performed by the successful candidate. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.