Senior Legal Counsel- CCIB

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. 

We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.  

JOB PURPOSE:

The role assists the Head of Legal manage legal risk in all the geographies where the FAB Group operates  in accordance with FAB Group legal policies and procedures. The role holder should be able to work autonomously, but should seek the Head of Legal’s input on unusual situations, complex matters, and issues which may pose significant legal, financial and/or reputational risk to the FAB Group

 KEY ACCOUNTABILITIES:

Core Responsibilities

Legal Advisory

• Provides legal advice and support to the business while keeping in mind the FAB Group’s strategic and business objectives.
• Provides direction and guidance to facilitate the FAB Group’s compliance with all applicable international and domestic laws, rules and regulations.
• Collaborates with the Head of Legal to establish, disseminate and implement the FAB Group’s legal policies.     
• Completes legal tasks and projects in a timely manner and responds to legal queries assigned by the Head of Legal.
• Supports FAB’s subsidiaries and international branches by providing general legal oversight on legal risks     

Product and legal documentation / process development and review

• Drafts, reviews and negotiates contracts and other legal documents in order to protect FAB Group’s legal interests whilst simultaneously mitigating risks.
• Produces and regularly updates standardised legal agreements, contracts and standard terms and conditions for FAB in compliance with international best practices and applicable legal requirements.
• Assists the business in launching new products, services and processes and conducts legal and regulatory due diligence on them, including identifying risks and mitigants in all applicable geographies.

Litigation                    

• Supervises and is responsible for the adequate management of designated litigation or disputes pertaining to Corporate and Transactional Banking between the business and its customers in the UAE and abroad.
• Represents FAB before the Notary Public, court experts, courts, and the police to resolve matters in the best interest of FAB.
• Reports relevant litigation matters to the Group General Counsel and Head of Legal – Corporate and Transactional Banking and provides updates to the relevant stakeholders.

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 FAB Group senior business persons on new legislation and regulatory developments that may have an impact on the FAB Group and advises FAB 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 – Corporate and Transactional Banking.

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 FAB Group’s requirements, policies, and standards.

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Minimum Qualification

• Bachelor’s degree in law
• Master’s degree in law is preferred
• Qualified in the United Kingdom, the United States, Australia, Canada or a European jurisdiction

Minimum Experience

• Minimum of 7 years’ experience in a reputed bank or law firm, with at least 2 years in a similar role