For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise, and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families to the most-successful hedge funds and corporate brands.
What we do
Northern Trust's international business has grown dramatically over the last decade. Some of our largest clients are located in Asia and Australia, which represents a rapidly growing client base for the company. Since 1986, we have been serving clients in Asia-Pacific (APAC), including corporate pension funds, investment managers, insurance companies, government agencies, family offices and corporations. Our intricate understanding of the region allows us to provide unique insights and strategic perspectives to our clients. Currently, we have client offices in Beijing, Hong Kong, Seoul, Melbourne, Singapore, Tokyo and Kuala Lumpur.
What you will do
Legal Counsel is a key member of the Asia Pacific Legal Department, playing a pivotal role in providing legal counsel to business stakeholders and senior managers in Singapore and the greater Asia Pacific region.
Negotiate, draft and/or review procurement agreements (including, but not limited to, real estate and information technology contracts) entered into with third party vendors by the various legal entities operating in the APAC Region
Draft and/or review inter-company agreements to be entered into by the various legal entities operating in the APAC Region (in their capacity as both service recipient and service provider)
Review and negotiate ad hoc or ancillary legal documentation such as non-disclosure agreements, service level agreements, and powers of attorney
Maintain up to date procurement and inter-company agreement templates and related process documents having regard for local law requirements, regulatory change, and global corporate standards
Work closely with procurement, compliance, business, and broader legal teams to develop processes and procedures for effective and efficient review of procurement and inter-company agreements
Instruct and liaise with external counsel in the APAC Region, as necessary
Review and analyse advice and opinions from external counsel, where required
Management of legal risks having regard for, amongst other things, regulatory change, good corporate governance and operating structures
Advise on legal and regulatory developments impacting our operating centres, and assisting other corporate functions with miscellaneous matters in relation to our operating centres
Work with other members of the APAC Legal Department and the broader corporate Legal Department in relation to ad hoc projects and client requests
Work as a member of the APAC Legal Department supporting internal clients, including senior management, and liaising with vendors and external third parties when necessary
Provide legal support in connection with vendor appointments and retention and internal delegations and migrations
Provide legal support in connection with the day to day management of Northern Trust's operating centres
Ensure agreements and ancillary documentation entered into with vendors and third parties accord with current regulatory requirements and Northern Trust's risk parameters
Knowledge, Skills & Qualifications
2+ years of experience working in-house in a legal counsel role
Experience working in the legal department of a global financial institution
Experience in drafting, reviewing and negotiating procurement agreements
Pro-active and diligent team player with the ability to prioritise and work to set deadlines within a challenging environment
Strong commercial/pragmatic sense and understanding of business needs
Highly developed inter-personal and analytical skills
Excellent written and verbal communication skills
Ability to work independently
As of March 31, 2018, Northern Trust Corporation had:
$10.8 trillion in assets under custody/administration
$8.1 trillion in assets under custody
$1.2 trillion in assets under management
$130 billion in banking assets
Northern Trust is an equal opportunity employer. We aim for excellence in our efforts to recruit, develop and deploy the highest caliber workforce. Our commitment and success to a diverse workforce is evident in employee satisfaction and industry acknowledgment. For a list of all our achievements please click here.
The closing date to apply for this role is 11th July 2018 and we will be in touch with an update within two weeks.
For a private discussion please contact Gez Williams on +61 3 9935 8204.