The Senior Director and Associate General Counsel, based in Bengaluru, is primarily responsible for legal and regulatory work supporting the day to day activities of CME India Private Limited (“CME India”). Reporting to Executive Director, Associate General Counsel - APAC (AGC APAC), based in Singapore, and forming part of the International Legal Team, the Senior Director will (i) act as the local counsel to CME India providing legal and regulatory support to ensure CME India’s compliance with local law and regulation; (ii) serve as the local liaison point with and for the wider CME Group divisions requesting and coordinating Indian law input as necessary; (iii) support company secretarial activities associated with CME India and (iv) provide additional support for wider APAC/International Legal team initiatives or work as applicable from time to time.
Principle Accountabilities
The SD India will be a strong communicator, well accomplished in effective collaboration with multiple stakeholders in various global locations working across time zones and cultures. The role will have deep experience of how local approaches can align with Global practice and expectations in a practical and effective way. A strong team player, the role will form a committed part of the APAC, International and wider Group Legal, Compliance and control functions and will proactively communicate and facilitate Group discussions and solutions to local and wider challenges, bringing together team members and where applicable liaising with stakeholders to deliver a coordinated and seamless approach to legal and compliance issues.
Particular Areas Of Focus Are Likely To Be
Support the AGC APAC and wider Legal, Governance, Risk and Compliance divisions by providing Indian legal and regulatory support ensuring CME India’s compliance with local law and regulation including Statutory Compliance, Governance, Company Secretary, Employment, Privacy/AI, and Transactions..
Ad hoc advice and support on local legal and regulatory requirements, including but not limited to issues relating to premises, working practices, remittances, FX, RBI and Foreign Exchange Management Act reporting, software issues and licenses relating to technology operations and India and Software Technology Parks of India requirements, customs issues and other aspects of CME Indias operations;
Develop strong relationships with external advisers and service providers to ensure they understand CME Indias businesses and practices and that they provide thorough and accurate advice and measures to achieve compliance with applicable law and regulation, and anticipate new laws or changes to existing laws likely to impact CME Indias operations.
Undertake wider APAC or International Legal team roles as agreed from time to time, including advice and support for development of new initiatives and projects in India as these arise.
Requirements
Prior experience working as regional legal representative or compliance team within a multinational organization with global control function teams, where local practice needs to meet high standards and align where practicable with global approaches and expectations.
Prior experience collaborating and coordinating with local and foreign stakeholders across divisions/functions to achieve organizational objectives.
Prior experience advising on and supporting HR in relation to local employment law requirements, practices and issues and conducting or supporting (as applicable) employment processes such as investigations or dispute resolution.
14+ years PQE, with a mix of private practice and inhouse experience.
Preferences
Preference for prior experience maintaining and operating statutory compliance frameworks for a multinational company.
Preference for qualification as a company secretary and member of the Institute of Company Secretaries of India.
Preference for prior experience of operating in financial services businesses.
Preference for prior experience with companies located in an STPI and for experience with the Foreign Exchange Management Act.
CME Group: Where Futures are Made
CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.
At CME Group, we embrace our employees unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.
Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.
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