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Job Description
Key Responsibilities:
· To assist in providing legal support and services to internal clients on the best possible legal structure of a transaction, participate in the negotiation with counterparties, structure the deal and prepare documentation, drafting and reviewing contracts, agreements, powers of attorney and all other legal documents.
· To assist in providing legal support to the Bank’s subsidiaries, if required.
· To regularly update the management with regard to the status of the legal issues being handled and properly liaise towards delivering a comprehensive regular Control Sheet.
· To liaise as required with external lawyers and assist in the preparation of the required documentation of cases, reviewing of external lawyers bills and regularly update the litigation report.
· To monitor and follow up of UAE legislation as well as to inform management on the impact of newly enacted legislation on DIB’s overall activities.
· Work with the various Departments / Units concerned in legal aspects of product development and create all legal documents of the bank including contracts, agreement, forms etc.
· To draft Contract, Agreements and other legal instruments, Memoranda and Pleadings pertaining to the Bank as and when required.
· To ensure compliance of all activities and legal documents to regulatory, audit and Sharia principles and guidelines.
Competencies/Skills
Technical Competencies
- · Advisory and Support
- · Bank Systems Knowledge
- · Banking Products, Services and Operations Knowledge
- · Corporate Governance and Compliance
- · Islamic Modes of Finance
- · Legal Drafting and Contracting
- · Litigation Procedures
- · MIS Generation and Analytics
- · Regulatory and Compliance Knowledge
- Sharia Principles of Islamic Finance
Behavioral Competencies:
- · Act with Ownership
- · Empower to Decide
- · Engage the Customer
- · Maintain Transparency & Communicate to Share
- Share Knowledge & Work as One