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Job Description

Vice President/ Legal Counsel - Securities Services 6XX Job Overview J.P. Morgan is seeking to hire Vice President/ Legal Counsel to join its Securities Services Legal Practice Group to act as Team Lead, for the extended legal team of securities services at Mumbai. The extended legal team at Mumbai advises and supports J.P. Morgan s Securities Services business in multiple markets across AsiaPacific (APAC), and Europe, Middle-East and Africa (EMEA). The Securities Services business operates globally and its principal activities include providing global custody and sub-custody services, fund administrative services, securities lending programs, depositary services and collateral management services for mutual and pension funds, managed investment schemes, multi-national corporations, banks and non-bank financial institutions, and government bodies worldwide. In connection with its global custody offering, the Securities Services business has a network of sub custodians in 100+ markets. Location and Reporting Line The position is based in Mumbai, at J.P. Morgan s Corporate Centre ( MCC ), functionally reporting to an experienced lawyer within the Asia Pacific Securities Services Legal team based in Hong Kong and to a local supervisor based in the MCC. Role and Responsibilities The position is part of the Securities Services MCC Legal team, which is an integral part of the Securities Services Legal Practice Group that works and interacts closely with APAC and EMEA lawyers within the Securities Services Legal Practice Group (primarily located in Sydney, Hong Kong and London). The role will include the following responsibilities:
• Provides leadership and acts as Team Lead for the Securities Services extended legal team at Mumbai Corporate Center.
• Builds and manages relationship stakeholders in the legal department as well as business team at the regional offices in APAC and EMEA.
• Draft and negotiate a variety of Securities Services contracts (e.g., global & direct custody agreements, fund services agreements, sub custodian agreements, securities lending agreements, and collateral management services agreements etc.) with clients of the firm, interacting with various internal business and control function stakeholders across geographies;
• Support global and regional Securities Services initiatives and projects, such as developing template agreements, remediating legacy contracts, designing and implementing know-how and best practices, etc.;
• Work on matters relevant to Securities Services market infrastructure and sub custodian network management such as (i) reviewing and revising existing sub custodian documentation to be consistent with firm, regulatory and industry standards, (ii) reviewing local market rules/opinions, and (iii) advising on sub custodian agreements; and
• Assist with client due diligence questionnaires, marketing material, responses to clients Request-For-Proposals and various other ad hoc requests typical to supporting a dynamic and constantly growing business.
Candidate Qualifications
• Qualified as a lawyer in India or other common law jurisdiction with at least 8 and up to 12 years of post-qualification legal experience (either as in-house counsel in the financial services industry or as a lawyer in a top-tier law firm);
• Has successful track record of coaching, mentoring team members and leadership skills including attracting, developing, and retaining talent.
• Mature personality with skills and ability to work independently under pressure.
• Excellent communication skills, both written and oral, together with the ability to communicate and articulate legal issues effectively with colleagues at all levels and across different jurisdictions;
• Strong drafting, negotiation and legal analytical skills;
• Ability to priorities and proactively manage workflow in a multi-jurisdictional transaction environment;
• Ability to work collaboratively and build close rapport with internal stakeholders across Sales, Product, Client Service, Operation, Risk and Compliance functions across jurisdictions;
• Ability to timely and appropriately identify risks and escalate issues to relevant stakeholders;
• Ability to adapt and apply legal skills in new contexts, to new businesses and subjects in which one may not have prior relevant experience, and willingness to develop and excel beyond his/ her comfort zone; and
• Ability to manage and control legal risks in a constructive manner.
Prior experience in custody, funds and/or securities related services or in transaction banking will be an advantage. All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment. Attorney candidates must be in compliance with all relevant licensing requirements including the requirements of the jurisdiction where the role will be located prior to commencement of employment.,

Keyskills :
due diligencefinancial serviceslegal issuescommon lawfund servicespension funds