Senior Legal Counsel First Abu Dhabi Bank FAB

Employer Active

Posted 11 hrs ago

Experience

5 - 10 Years

Education

Bachelor of Laws (LLB)(Law)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & 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 Consumer and Private Banking 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 Consumer and Private Banking.
  • Supports FAB s subsidiaries and international branches by providing general legal oversight on legal risks associated with Private Banking products and services.

Litigation

  • Supervises and is responsible for the adequate management of litigation or disputes between the business and its customers in the UAE and abroad.
  • Represents FAB and its subsidiaries before the notary public, court experts, courts, and the police to resolve matters in the best interest of the FAB Group.
  • Reports relevant litigation matters to the Group General Counsel and Head of Legal Consumer and Private Banking and provides updates to the relevant stakeholders.

Legal Documentation and Review

  • Drafts, reviews and negotiates contracts and other legal documents in order to maximize the FAB Group s legal protections whilst simultaneously minimizing legal risks.
  • Produces and regularly updates standardized legal agreements, contracts and standard terms and conditions for the FAB Group 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 FAB Group s senior businesspersons on new legislation and regulatory developments that may have an impact on the FAB 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 Consumer and Private Banking.

Stakeholder Management

  • Liaises with external law firms and relevant authorities (such as courts) to ensure the effective resolution of all legal matters affecting the FAB Group.

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.

Reporting

  • Ensures that all requisite reports are prepared in a timely and accurate manner and meet the FAB Group s requirements, policies, and standards.

People Management Responsibilities

  • Defines goals and key performance indicators for direct reports and ensures effective implementation of the FAB performance management process.
  • Develops talent within the team by providing guidance and coaching to achieve defined goals.

Desired Candidate Profile

Minimum Qualification

  • Bachelor s degree in law
  • Strong English communication and drafting skills
  • Ability to read, write and communicate in Arabic is beneficial but not mandatory.

Minimum Experience

  • Minimum of 5 years experience in a reputed bank or law firm, with at least 2 years in a similar role
  • Familiarity with wealth management products and services
  • Familiarity with other retail banking products and services is beneficial but not mandatory.
  • Familiarity with UAE laws and regulations is preferred.

Company Industry

Department / Functional Area

Keywords

  • Senior Legal Counsel

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First Abu Dhabi Bank FAB

Looking to join the #1 bank in the UAE and one of the most prestigious in the region? We're looking for professionals who are driven, skilled, and ready to take on new challenges. Together, we can achieve our goals, making a lasting impact on both our company and the industry as a whole.

Join us and leave your mark on the industry. Let's work together to achieve great things and unlock new possibilities for our employees, customers, and communities.

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https://jobs.smartrecruiters.com/FirstAbuDhabiBank/744000086354761