Senior Legal Counsel

Posted 2 Days Ago
Be an Early Applicant
Sydney, New South Wales
Senior level
Fintech • Financial Services
The Role
As a Senior Legal Counsel in the Business Banking Legal team, you'll provide high-value legal advice on commercial matters, particularly in financial services. Responsibilities include advising on banking transactions, product innovations, regulatory compliance, and conducting negotiations. The role requires strong analytical skills and collaboration with stakeholders to achieve business goals while adhering to ethics and integrity.
Summary Generated by Built In

See yourself in our team:

The Business Banking Legal team provides high value, strategic legal assistance to the CBA’s business banking and share trading businesses. 

The Business Banking Legal team is part of CommBank’s Customer Services Legal team and benefits from a strong legal support base, knowledge resources and a wealth of expertise from this large in-house division of the Bank.


Do work that matters:

We are looking for a lawyer with strong commercial legal skills who has experience in financial services law and who can effectively contribute at senior levels.

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:

  • general banking and financial services advice in relation to business banking transaction and lending products

  • new product and service innovation and enhancements utilising digital and emerging technologies, including AI

  • advising in relation to scams, complex customer complaints and remediation

  • regulatory matters including breach advices and responses to regulator requests, and regulatory change

  • advising in relation to equity securities, derivatives or other exchange-traded products, including initial offerings and placements

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

  • contractual negotiations with referrers, intermediaries, brokers, service providers, agents or other counterparties

  • 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* of 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

  • A thorough understanding of the commercial and regulatory environment affecting Business Banking

  • The ability to carefully consider, negotiate and drive to completion complex legal issues

  • 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

  • Experience in retail equity trading, market integrity rules and operating rules highly desirable

*We are interested in the right mindset and aptitude. Most of our team are 10+ PAE and we encourage more senior practitioners to apply. Title and remuneration subject to experience and skills of the successful candidate.

We are looking to conduct interviews immediately and encourage applicants to submit interest at their earliest convenience.

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: 03/12/2024

The Company
HQ: Sydney, New South Wales
52,000 Employees
On-site Workplace
Year Founded: 1911

What We Do

Australia’s leading provider of financial services including retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services.

We are a business with more than 800,000 shareholders and over 52,000 employees. We offer a full range of financial services to help all Australians build and manage their finances.

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