Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Legal Counsel, Group Commercial
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Legal Counsel, Group Commercial role supports Standard Chartered’s commercial and corporate banking businesses across Malaysia and possibly the wider group. Requirements typically include a recognized legal qualification, admission to practice in Malaysia or another relevant common-law jurisdiction, and substantial experience in banking, finance, commercial contracts, regulatory matters, and risk management. The successful candidate should be confident advising senior stakeholders, negotiating complex agreements, interpreting laws and regulations, and working with regional legal, compliance, risk, and business teams. Strong communication, analytical judgment, commercial awareness, attention to detail, and the ability to manage competing deadlines are expected.
Can I work in Malaysia?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass with a Bank Negara letter; RM 5,000+ basic (about USD 1,150) after a 14-day MYFutureJobs advert (exempt at RM 15,000+); 10 years from RM 10,000.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Only basic pay counts towards the RM 5,000 floor, not allowances; from 1 January 2027 EP II and III applications need a succession plan to train a Malaysian.
Official source: Expatriate Services Division: ESD Online Guidebook 2025. Checked November 2026.
What the job usually comes with in Malaysia
Usual for Banking jobs in Malaysia, varies by employer. Checked November 2026.
| Housing | Not provided; senior expats may get a housing allowance |
|---|---|
| Relocation | Employer usually pays the pass fees (about RM 330 to 480) and any levy; relocation money for senior hires only |
| Flights | Not standard; senior packages may add a joining flight and home leave |
| Contract | Fixed term tied to the pass, up to 5 years each; EP I and II capped at 10 years, EP III at 5 (June 2026) |
| Leave | Peninsular Malaysia: 8 days a year, 12 after 2 years, 16 after 5; 11 public holidays; 45-hour week (by law) |
| Income tax | Flat 30% until 182 days in a year, then 0% to 30%; EPF pension 2% + 2% is mandatory since October 2025 |
| Health cover | Work-injury and invalidity cover via SOCSO (by law); no public health cover; employers add private insurance |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong focus on markets across Asia, Africa, and the Middle East. The bank provides retail, business, corporate, commercial, and wealth management services, as well as trade finance, cash management, lending, and capital markets solutions. Malaysia is an established market for the group, supporting local clients and regional operations through offices including Kuala Lumpur. Standard Chartered promotes responsible banking, financial inclusion, digital innovation, and sustainable finance. Its employees typically work in multicultural, highly regulated environments and collaborate across countries and business lines. The organization values integrity, client focus, teamwork, and disciplined risk management. Legal professionals can expect exposure to complex cross-border transactions, evolving banking regulation, technology-related issues, and strategic commercial projects.