ROLE AND RESPONSIBILITIES

The purpose of the role is to consistently deliver high quality legal services to the CFD and Stockbroking business of CMC Markets in Singapore, and from time-to-time other businesses within the APAC region.

• Assisting Head of Legal (UK) and the wider Senior Management team to deliver the Group’s objectives.
• Line management responsibility for paralegals, trainees and legal counsels engaged by the Legal Team. Carrying out 1-2-1 catchups and appraisals (on an informal basis and, where required, formal basis).
• Assisting with drafting the monthly board report and accompanying documentation.
• Liaising with Global Legal Team to ensure important information is shared.
• Assisting with the provision of invoicing and budgeting information to the Finance Team.
• Assisting the Tax team with engagement letters and other work as required.
• Assisting the Finance / Treasury team with loans, engagement letters and other financing arrangements (such as facility agreements).
• Assisting with Prime Brokerage documentation, including ISDA documentation.
• Assisting Compliance with complaints (where required), financial promotions regulatory issues and rule changes that may affect CMC’s terms of business.
• Assisting the Operations Team with any project work relating to retail and corporate applications.
• Assisting CMC’s Partners and institutional business including the management and updating of global legal advice and due diligence. This will also involve negotiation of agreements with 3rd parties.
• Assist Marketing with ad-hoc agreements and reviewing marketing content.
• Drafting and amending Terms of Business for our Next Generation platform globally, ensuring compliance with both local regulation and law.
• Assisting with the expansion of Singapore business and cross border considerations, such as new branch openings, and new product offerings
• IP and IT projects and transactions, market data licences (including negotiation with exchanges) renewals, SOWs.
• To provide best practice legal and transaction management support and advice to CMC businesses and to manage external legal advisers for value and to best effect.
• To mitigate legal risk to the fullest extent possible and to safeguard the best interests and reputation of CMC Markets at all times.

Principle Accountabilities

• To provide legal and transaction management support and advice to specific Singapore businesses and functions.
• To ensure that legal risk is mitigated to the fullest extent possible and that legal issues are at all times addressed in accordance with best practice.
• To manage external advisers to best effect, keeping costs to a minimum without compromising the quality of legal advice received. Monitoring the level of service provided and maintaining a record for future reference.
• To provide general legal support and advice to CMC businesses and other support and control functions as required on a case-by-case basis.
• To have a thorough understanding of the financial services industry and the issues and legal developments that relate to CMC’s business.
• To foster an inclusive environment within the workplace.

General

• Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training
• When dealing with all customers, clients or colleagues ensure that we provide a clear, fair and consistent high quality service that presents a professional and positive image of CMC Markets
• Take all reasonable steps to ensure appropriate confidentiality
• Undertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this role

KEY SKILLS AND EXPERIENCE

Essential

• Practicing solicitor qualified in Singapore, with a minimum of 8 years’ post qualification experience.
• Experience and knowledge in local laws is required. Excellent written and oral communication skills with the ability to communicate complex legal issues in a concise manner.
• Excellent organisation, analytical and negotiation skills.
• Ability to work well autonomously and as part of the team, assuming managerial responsibilities where appropriate.
• Solid understanding of the laws and regulations that cover the financial services industry.

Desirable

• A Singapore qualified lawyer, but lawyers from other jurisdictions with extensive experience of Singapore laws and regulations will be considered.
• General corporate and commercial experience required. Experience in the financial services industry preferred but not essential.
CFD and/or stockbroking product knowledge an advantage, but not required.

COMPETENCIES

• Excellent written and drafting skills.
• Excellent communications skills.
• Excellent attention to detail and organisational skills.
• Ability to work well within a team and with other staff in the business.
• Ability to work independently.
• Ability and desire to understand the technical side of the business.