Legal Documentation Manager

Recruiter
Standard Chartered Bank
Location
London
Salary
Competitive
Posted
04 Aug 2017
Expires
15 Aug 2017
Sector
Legal
Contract Type
Permanent
Legal Documentation Manager

Key Roles and Responsibilities

Key Responsibilities:

This Legal Documentation Manager position is primarily to support the various business units for the Non Standard Documentation process in accordance with the Credit Documentation Process - General Roles and Responsibilities (Europe/Americas) and any further guidance from the Legal Credit Lending and Governance team. Assistance, where applicable, may also be required under the Standard documentation process as advised by the Head of LDU Europe & Americas.

Non Standard Documentation Process
- Reviewing/checking bespoke/ externally prepared documentation for complex or syndicated transactions booked in London.
- Ensuring the financing structure and documentation is in compliance with the terms and spirit of the relevant credit approval and the Bank's policies and procedures (including Operational Risk).
- Working closely with internal legal counsel and engaging and liaising with external counsel where required.
- Reviewing and confirming satisfaction of all required documentation, policy requirements and approvals via formal handover confirmation to the Credit Risk Control team for the authorisation of client limits.
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Standard Documentation Process
- Drafting and negotiation of contractual, security and parental support documentation covering uncommitted and committed bilateral facilities primarily for the European IC teams in line with credit approvals.
- Drafting and negotiating local and global guarantees for IC teams in Europe and the wider Bank network.
- Ensuring the financing structure and documentation is in compliance with the terms and spirit of the relevant credit approval and the Bank's policies and procedures (including Operational Risk)..
- Setting and collating all condition precedent/subsequent documentation.
- Engaging external counsel in relation to capacity and authority opinions and ensuring the review and sign of all legal opinions where required.
- Drafting corporate resolutions / reviewing constitutional documentation.
- Reviewing and confirming satisfaction of all required documentation, policy requirements and approvals via formal handover confirmation to the Credit Risk Control team for the authorisation of client limits.

- Conducting review for Early Alert cases in accordance with EAR process.
- Ensure a comprehensive understanding of LDU and Legal policies alongside ancillary policies, procedures and regulations, including Credit/Operational Risk in relation to BAU activities.

Business/Strategy:
- Be a business partner to and independent guardian of the business, achieving the right balance.
- Work closely with stakeholders to ensure smooth integration of LDU processes with other processes of the Bank. In particular:
o Ensure that Legal and LDU work in an integrated fashion;
o Work closely with LDU in other centres to reduce duplicative work and ensure logical allocation of work (proposing exceptions to R&R is necessary);
o Ensure that hand offs between Credit Risk Control and LDU are smooth and efficient;
o Resolve all road blocks and any points requiring clarity, in collaborative fashion between LDU centres or between Legal and LDU or LDU and CRC, preferably without involving the business as a go between.
Processes:
- Identify process improvement initiatives / opportunities to drive efficiency across LDU;
- Implement and adhere to standardised operational excellence processes;
- Complete DAT Activity Tracker in accurate and timely manner to facilitate preparation and management of Management Information including reports and dashboards.
- Actively participate and contribute to monthly LDU Practice Group sessions.
- Ensure all LDU management information is updated/supplied promptly and accurately as required by the Head, LDU, Europe & Americas.

Risk Management:
- Ensure timely implementation of Operational Risk Framework;
- Ensure Control Sample Test reviews are performed in a timely manner.
- Ensure all audit issues are handled in timely and appropriate manner.

Regulatory & Business Conduct:
* Display exemplary conduct and live by the Group's Values and Code of Conduct.
* Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
* Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders:
- Legal
- Credit Documentation Unit (CDU) /Credit Risk Control (CRC)
- Credit Risk
- Relevant Client Businesses covered by LDU
- Operations
- Operational Risk
- GSAM
- Audit

Other Responsibilities/General:
- Completion of all Group Mandatory e-learnings within stipulated deadlines.

Key Contributors / Governance:
The maintenance of a robust control environment to ensure:
- The execution of documentation is carried out in accordance with the Bank's credit and legal policies and the Credit Documentation Process - General Roles and Responsibilities (Europe/Americas) therefore ensuring the Bank is not exposed to unnecessary legal, commercial or regulatory risks.
- The timely processing of documentation and handover of condition precedent documentation to CDU/CRC to enable limit authorisation and therefore the activation of facilities to optimise revenue generation.

Qualifications and Skills

- Relevant experience in a similar finance documentation role in the European market enabling day to day responsibilities to be carried out with minimal supervision.
- Demonstrated ability to work in a fast moving, demanding environment whilst maintaining high quality work, good analytical skills, risk based approach and excellent attention to detail. Strong organisational and prioritising skills are essential.
- Strong team player with excellent communication skills in order to effectively liaise with and develop close working relationships with stakeholders and business partners.
- Detailed knowledge of the Bank's relevant policies and procedures
- Good level of experience of externally produced loan and security documentation.
- Good level of knowledge of the Bank's products in relation to documentation.
- Ability to quickly assimilate complex deals and product structures.
- Good knowledge of minimum acceptance criteria and collateral verification requirements.
- Detailed knowledge of the Bank's standard template documentation.
- Good level of drafting and negotiation skills.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

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