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Commonwealth Bank

Senior Legal Counsel / Legal Counsel

Posted 2 Days Ago
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Sydney, New South Wales
Senior level
Sydney, New South Wales
Senior level
The Senior Legal Counsel will provide strategic legal advice on corporate transactional banking and payments, focusing on regulatory matters, contractual negotiations, and product innovation. Responsibilities include addressing customer complaints, regulatory changes, and optimizing legal processes while fostering collaboration and building stakeholder relationships within the in-house legal team.
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See yourself in our team:

The Business Banking Legal team provides high value, strategic legal assistance to the CBA’s corporate transactional banking and payments businesses. 

The Business Banking Legal team benefits from a strong support base and a wealth of expertise as part of CommBank’s large in-house legal function.

Do work that matters:

We are looking for a lawyer with strong financial services regulatory (FSR) skills applicable to corporate transactional banking who is interested in developing new skills in payments, platforms and networks.

You will provide strategic, practical legal advice and have high level analytical and critical legal decision-making capabilities to assist CBA in attaining strategic goals in a safe and customer-focussed way.

We are a team of highly skilled lawyers supporting a range of different products and stakeholders with humour and humility. 

Collaboration is key to our team’s success and we are looking for a commercially-focussed lawyer who is open to cultivating skills to assist in the variety of matters we support. 

The work is varied and may include assisting with:

  • new product and service innovation and enhancements, including ‘as-a-service’ offerings through APIs

  • contractual negotiations with referrers, intermediaries, brokers, service providers, agents or other entities within the payments ecosystem

  • advising in relation to scams, customer complaints and remediation

  • general banking and financial services advice and project or product migration work

  • terms for standard form or bespoke (for large institutional clients) customer contracts

  • regulatory matters including breach advices and responses to regulator requests, and regulatory change (including due to industry or scheme mandate)

  • identifying opportunities to simplify relevant frameworks, policies and processes to optimise effectiveness and efficiency

We’re interested in hearing from people who have:

  • Tertiary qualifications in law and 5+ years* relevant post admission / qualification experience (PAE)

  • Ideally at least 4 years’ experience in private practice

  • Excellent technical legal skills including the ability to quickly grasp, negotiate and resolve issues in complex matters and a willingness to continue to grow and expand your expertise

  • The ability to draft, negotiate, and drive to completion complex commercial agreements that achieve business objectives, and continue to support those business relationships once consummated

  • The capacity to build excellent relationships with a range of stakeholders and the ability to clearly communicate complex issues

  • A team-oriented outlook, a sense of humour, unquestioned ethics and integrity, sound judgment and humility

  • An interest in learning about new practice areas and products rather than focusing on a particular area of law

  • Financial services regulatory (FSR) skills applicable to corporate transactional banking

  • Interest in payments, platforms and networks.

*We are interested in the right mindset and aptitude.  Most of our team are 10+ PAE and we encourage senior practitioners to apply.  Senior Legal Counsel / Legal Counsel title and remuneration subject to experience and skills.

We will be conducting interviews on a rolling basis so we encourage applicants not to wait until the advertising end date.

If you're already part of the Commonwealth Bank Group (including Bankwest), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.

Working at CommBank

At CommBank, we support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.

Advertising End Date: 17/02/2025

HQ

Commonwealth Bank Sydney, New South Wales, AUS Office

Sydney, New South Wales, Australia

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