Legal Counsel Full-time Job
2 weeks ago Others Abu Dhabi 24 views Reference: 33610Job Details
Core Responsibilities
Legal Advisory
Provides legal advice and support to the business while keeping in mind FAB’s strategic and business objectives.
Collaborates with the Head of Legal and Senior Legal Counsel to establish, disseminate and implement the FAB 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 or the Senior Legal Counsel.
Supports FAB subsidiaries and international branches by providing general legal oversight on legal risks associated with the relevant business products and services. Litigation
Assists with the management of litigation or disputes between the business and its customers in the UAE and abroad.
Represents FAB before Notaries Public, court experts, courts, and the police to resolve matters in the best interest of the FAB Group.
Reports relevant litigation matters to the Head of Legal and/or the Senior Legal Counsel 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 FAB Group’s legal protections whilst simultaneously minimising risks.
Prepares 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 Heads of Legal and Senior Legal Counsels in reviewing the standard terms and conditions used by the business and updates or recommends legal policies and processes in line with best international practices. Knowledge of External Environment
Stays current on emerging trends in the laws and regulations through continuous legal education, attending professional conferences, and participating in professional associations.
Provides updates on new legislation or regulatory developments that may have an impact on the business and its implications. 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. Stakeholder Management
Liaises with the concerned external authorities such as courts and law firms to ensure effective resolution of all legal matters affecting FAB. MIS and Reporting
Ensures that all requisite reports are prepared in a timely and accurate manner, and meet the FAB Group’s requirements, policies, and standards.
Specific Accountability
Drafts, reviews and negotiates standard form Islamic banking agreements and contracts including general terms and conditions, etc.
Drafts, reviews and negotiates Islamic deal documentation for syndicated loans, project finance, leveraged/acquisition finance, real estate finance and asset finance transactions, agency requirements in loan documentation, debt restructurings and other lending agreements.
Work with external counsel and the business in relation to Islamic Finance transactions.
Assists the business with developing and rolling out new Islamic products and services.
Drafts, reviews and negotiates with English and Arabic language consumer banking and business banking-related documents (e.g. accounts, credit cards, personal loans, car loans, mortgage loans, merchant acquirer agreements, small business loans, retail Islamic finance).
Handles and provides legal support in relation to customer requests to amend standard documentation in the UAE and abroad
Assists the Head of Legal in managing potential disputes and customer complaints in the UAE and abroad.
Makes recommendations for improvements to policies and processes and streamlining the same to bring about efficiency and improve turn-around time
Company Description
Headquartered in Abu Dhabi, in Khalifa Business Park, the banks international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the banks promise to support its stakeholders goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.