Legal Counsel

دوام كامل في a Laimoon Verified Company في Saudi Arabia
نُشرت يوم November 11, 2024

تفاصيل الوظيفة

Provide legal support to assigned Bank operations/region, ensuring appropriate and required legal documentation and compliance.Manage and supervise the Legal Counsel and staff in the Legal Unit.Review, prepare and negotiate contracts between the Bank and third parties; common types of contracts include commercial contracts, loan agreements (for wholesale and retail), multi-option facility agreements, guarantees, bank undertakings, ISDAs and FX Agreements, sub-participation agreements, repos, Islamic financing agreements, software license agreements, outsourcing agreements, and IT agreements.Ensure prudent review of all contracts with a view to assessment of risk and preventing legal exposure to the Bank. Recommend modifications to agreements, standards, models, and documentation as legal requirements change.Support BU managers in the resolution of all contractual issues/disputes in order to secure the Bank's best interests.Conduct research and advise BU managers on relevant legal and regulatory requirements in the assigned region/country. Research records and legal precedents so that all required data and information is available in a timely and easy-to-use manner.Follow up on changes in legislation and other developments in the legal and banking field to remain updated. Review relevant legal journals and court circulars on a frequent basis and communicate any information or newly drafted regulations to more senior members within the relevant function.Ensure that all copies of legal documents are stored in a logical and convenient manner so that information is easily retrieved.If required (and if Arabic speaking), review short text Arabic documents, translating these documents into English and prepare the response in Arabic.Represent the Bank (either directly or through external legal counsel) before any court, judicial or quasi-judicial authority, government department or ministry, or arbitral forum.Liaise with third parties including law firms on behalf of the Legal and the Bank on transactional matters and general queries.Assist in the preparation of timely and accurate reports to meet Bank and department requirements, policies, and standards.Any other legal matters which may be assigned by the Head of Legal.SkillsExcellent written and spoken English skills. Arabic skills are an advantage.An ability to effectively deal with all levels of the Bank and its counterparties.An ability to work under pressure to meet transactional deadlines.An ability to comprehend and analyze financial transactions.A comprehensive knowledge of banking transactions and documentation.Expertise in local laws and regulations.Negotiation and dispute settlement skills.Understanding and writing skills regarding local tenders and contracts.

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