Senior Legal Counsel - Financial Services - Abu Dhabi Senior Legal Counsel - Financial Services - Abu  …

Holmes Search
in Abu Dhabi, Abu Z aby, United Arab Emirates
Permanent, Full time
Last application, 14 Apr 21
Up to AED 55,000
Holmes Search
in Abu Dhabi, Abu Z aby, United Arab Emirates
Permanent, Full time
Last application, 14 Apr 21
Up to AED 55,000
Posted by:
Mark Holmes • Recruiter
Posted by:
Mark Holmes
Recruiter
Senior Legal Counsel roles x 5 - Abu Dhabi based - Tax free Salary Our client is the Middle-East's premier banking group and due to growth, are looking to fill 5 legal positions. Please share and like for wider coverage. Must be min 5 years PQE with a specialism in one of the following: Senior Legal Counsel - Trade Finance Senior Legal Counsel - Corporate Finance Senior Legal Counsel - Retail banking - Payments Senior Legal Counsel - Retail banking - Wealth management Senior Legal Counsel - Digital Banking

Key Responsibilities: Legal Advisory Provides legal advice and support to the business while keeping in mind the Bank's strategic and business objectives. Provides direction and guidance to facilitate compliance with all applicable international and domestic laws, rules and regulations. Collaborates with the Head of Legal – to establish, disseminate and implement the Group legal policies. Completes legal tasks and projects in a timely manner and responds to legal queries assigned to him/her by the Head of Legal. Supports FAB subsidiaries and international branches by providing general legal oversight on legal risks of the products and services. Litigation Supervises and is responsible for the adequate management of litigation or disputes pertaining to between the business and its customers in the UAE and abroad. Represents the Bank before the Notary Public, court experts, courts, and the police to resolve matters in the best interest of the Bank. Reports relevant litigation matters to the Group General Counsel and Head of Legal – and provides updates to the relevant stakeholders. Legal Documentation and Review Drafts, reviews and negotiates contracts and other legal documents in order to maximise the Group’s legal protections whilst simultaneously minimising risks. Produces and regularly updates standardised legal agreements, contracts and standard terms and conditions for the Bank in compliance with international best practices and applicable legal requirements. Assists the business in launching new products and conducts legal and regulatory due diligence on such products, including identifying risks and mitigants in all applicable geographies. Knowledge of External Environment Stays abreast of new laws and regulations through continuous legal education, attending professional conferences, and participating in professional associations. Provides updates to the Group senior business persons on new legislation and regulatory developments that may have an impact on the Group and advises on how to comply with such new legislation and regulations. Knowledge Sharing Works closely and develops a positive professional relationship with the other members of the legal function and shares legal knowledge and best practices with legal colleagues, including providing formal and informal training sessions at the direction of the Group General Counsel and Head of Legal Stakeholder Management Liaises with the concerned external authorities such as courts and law firms to ensure effective resolution of all legal matters affecting FAB. Learning and Development Functions as a subject matter expert and provides input on learning and development initiatives including training content to ensure value addition and relevance. MIS and Reports Ensures that all reports related to own area are prepared in a timely and accurately manner, and meet the Group’s requirements, policies, and standards. People Management Responsibilities Defines goals and key performance indicators for own reports and ensures effective implementation of the Group performance management process. Develops talent within the team by providing guidance and coaching to achieve the defined goals. Qualification Bachelor’s degree in law Master’s degree in law is preferred Qualified in the United Kingdom, the United States, Australia or European jurisdiction Minimum of 7/8 years’ experience in a reputed bank or law firm, with at least 2 years in a similar role

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