Senior Legal Officer - (UAEN) EMIRATES DEVELOPMENT BANK P.J.S.C

Employer Active

Posted 5 hrs ago

Experience

2 - 6 Years

Education

Bachelor of Laws (LLB)

Nationality

Emirati (UAE)

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Job Purpose - Banking experience is a Must

To lead and manage legal activities in a pro-active manner to prevent the bank from being exposed to the risks and financial losses as a result of failure to comply with applicable laws, regulations, codes of conduct and standards of good practice relevant to EDB’s activities. The incumbent’s role is also to support the Head of Legal & Board Secretary and provide legal advice on relevant activities of the company.

Roles & Responsibilities Functional Role:

Operational Responsibilities

1. Assist the Head of Legal & Board Secretary Assist the development of the department’s strategic and operational budgets; monitor expenditures against the budget(s) to ensure minimum variances.

2. Assist the Head of Legal & Board Secretary in the development of the department’s policies and procedures to ensure that they promote leading practices and comply with laws and regulations.

3. Plan, organize, direct and monitor the implementation of the approved legal yearly plans as well the associated reviews and consulting services.

4. Develop EDB’s standard contract templates from a legal perspective to ensure that the Bank’s interests are well protected.

5. Provide legal advice and assistance to the Chief Executive Officer, Executive Management with respect to legal compliance issues on concerned business matters and any other legal assistance required.

6. Oversee the legal affairs of EDB to ensure that the bank is protected from a wide variety of legal risks (contractual risks, litigation risks, etc.), from EDB’s business venture.

7. Assess and approve affiliation of external lawyers with the entity, notaries, court clerks, or other legal associates.

8. Ensure required information/ documents are provided to the external lawyers to defend the court case.

9. Review written correspondence and contracts between EDB and relevant parties with a view to avoid potential legal implications and ensure compliance with legal requirements.

10. Review contracts / legal agreements, documents and forms for transactions to ensure they are compliant with relevant laws and regulations.

11. Oversee the maintenance of legal database which captures legal references, areas of law of special interest to the company such as company and labor law, legal journals etc to ensure that adequate legal information is available for reference.

12. Follow-up on cases and legal proceedings concerning EDB, and any other legal assistance required such as the review of external communication protocols and publications.

13. Keep the Head of Legal & Board Secretary updated on all legal matters (as and when required) to ensure communication to top management.

Qualifications & Experience Required Qualifications:

1. Bachelor’s Degree in Relevant Field

Required Preferred Experience:

1. Minimum 6 years of work experience.

Employment Type

    Full Time

Department / Functional Area

Keywords

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EMIRATES DEVELOPMENT BANK P.J.S.C

Jaylord - procurement

HAZZA BIN ZAYED THE FIRST STREET, AL NAHYAN CAMP United Arab Emirates, Abu Dhabi, United Arab Emirates (UAE)

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