Senior Legal Counsel - US Regulatory Legal

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Company: HSBC

Location: Chicago, IL 60629

Description:

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.

As our Senior Legal Counsel - US Regulatory Legal you will:
  • Provide legal advice, guidance, and support to assigned departments to ensure that the assigned departments exposure to legal risk is managed
  • Deliver specialized legal support on US bank regulatory matters affecting HSBC Group companies within the United States and, as appropriate, regarding HSBC Group companies outside of the US. In particular, the position provides specialized advice with respect to federal banking laws and the regulations of the Office of the Comptroller of the Currency ("OCC"), the Board of Governors of the Federal Reserve System ("FRB"), and the Federal Deposit Insurance Corporation ("FDIC")
  • Work independently, seeking out and maintaining internal client relationships, manage workload calendars effectively, interact appropriately with internal clients up to and including senior management
  • Show an ability to led by influence, drive change, and move quickly and seamlessly between diverse, complex topics
  • Provide expert and professional legal and strategic advice, guidance, and support to ensure that the legal and reputational risks faced by businesses in the US are identified, reported, and mitigated
  • Be a trusted advisor to the businesses and functions in the U.S. and globally on bank and bank holding company regulatory issues
  • Assist with driving the company's regulatory policy advocacy initiatives with U.S. regulators (including banking, financial, securities, and derivatives regulators), collaborating with Legal, Public Affairs, and business and functional partners in the U.S. and globally
  • Partner cross functionally to assess risk and to solve complex regulatory issues
  • Provide prompt, commercial, practical, and sometimes complex and/or specialized legal advice (under supervision)
  • Establish close mutually supportive working relationships with other members of the Legal team and the Global Legal Functions

For this role, HSBC targets a pay range between $230,000.00 and $280,000.00

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.

Requirements

You'll likely have the following qualifications to succeed in this role:
  • Minimum of ten years proven and progressive corporate legal experience, or equivalent
  • Minimum of a Juris Doctorate degree as well as admission to applicable state Bar and pertinent levels of courts in applicable states
  • Ability to think independently but being mindful of maintaining an appropriate balance between management and mitigation of legal risk and business efficacy
  • Deepening knowledge of areas of specialty with ability to take a view as to how law is developing to advise client and reach a solution
  • Strong advocacy, negotiation, interpersonal, organizational, legal research, and verbal-written communication skills
  • Experience working for a federal bank regulatory agency or substantial in-house experience advising on US bank regulatory matters is especially desirable
  • Understand the structure of the HSBC Group and its culture and the ability to handle increasingly complex legal issues

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

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