Senior Legal Counsel (Emiratised Role)

The role assists the Head of Legal Consumer and Private Banking manage legal risk in all the geographies where the FAB Group operates in relation to payments activities in accordance with FAB Group legal policies and procedures. The role holder should be able to work autonomously but should seek the Head of Legal Consumer and Private Bankings input on unusual situations complex matters and issues which may pose significant legal financial and/or reputational risk to the FAB Group.

Core Responsibilities 

Legal Advisory

• Provides legal advice and support to the business while keeping in mind the FAB Groups strategic and business objectives.   
• Provides direction and guidance to facilitate the FAB Groups 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 Groups 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 FABs subsidiaries and international branches by providing general legal oversight on legal risks associated with payments 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 maximise the FAB Groups legal protections whilst simultaneously minimising legal risks.
• Produces and regularly updates standardised 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 Groups senior business persons 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 Groups 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.

Specific Accountability

• Assists the Head of Legal Consumer and Private Banking and the business with developing and rolling out new payments products and services and works with stakeholders on digitisation initiatives.
• Drafts reviews and/or negotiates payment services related documentation (e.g. merchant acquirer agreements payment services partnership agreements with third parties PSP agreements).
• Assists the Head of Legal Consumer and Private Banking 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.

Qualifications :

Minimum Qualification

• Bachelors degree in law from an internationally recognised university
• Masters degree in law is preferred
• Qualified as a lawyer in the UAE
• UAE National
• Excellent ability to read write and communicate in both Arabic and English

Minimum Experience

• Minimum of 8 years experience in a reputed bank or law firm
• Familiarity with banking products and services

Remote Work :

No

Employment Type :

Full-time