LEGAL COUNSEL - BUNA - Arab Monetary Fund

Introduction
Arab Monetary Fund (AMF), an Arab regional financial organization headquartered in Abu Dhabi, United Arab Emirates is seeking to recruit a Legal Counsel to join the Regional Payment, Clearing and settlement Organization (Buna) which is wholy owned entity under establishment as a regional organization.


Duties of the Legal Counsel include developing Buna’s legal strategy, coordinating with relevant legal and government entities, ensuring legal compliance and handling internal and external legal matters. This position will report to the Chief Risk & Compliance Officer.


In this context, the following sections detail the main job responsibilities, qualifications and skills related to the Legal Counsel position:


Job Responsibilities
Legal Documents, Issues and risks Management


Develop and lead corporate legal strategy to promote and protect Buna’s matters
Deliver legal services and resources to accomplish corporate goals, strategies and priorities
Coordinate with relevant legal entities in Buna’s country of incorporation to discuss and propose legal requirements
Review and advise management on legal implications of internal policies and procedures and ensure the effective and efficient management of legal and contractual risks
State legal opinion to Buna on matters that are contractual in nature
Serve as key lawyer/legal advisor on all major business transactions
Apply effective legal risk management techniques and offer proactive advice on possible legal issues
Issue guidelines and advise service units with regards to perfection and implication of legal and security documentation and other correspondences
Advise senior management team on a variety of issues
Contract Administration, Negotiation and preparation


Document all agreements that are required to carry out the business
Ensure Buna conforms to relevant rules and regulations within its country of incorporation, as well as countries of operation
Manage all customers applications from a legal perspective
Assess the impact of new regulations in relevant countries on Buna legal framework
Review and draft contracts, agreements and internal policies and documentation in general and ensure that they are in compliance with all statutory or legal requirements
Law, Rules and regulation


Interact with Law Firms/Advocates in case cases have been filed and proceedings are going on in Courts of Law
Follow up on legal cases closely and represent Buna by attending court proceedings and other matters relating to police matters and other actions
Maintain proper corporate interactions with the relevant local, state and federal governmental bodies, legislatures and the community at large
Advise on legal aspects of Buna’s financing, including assessing and advising on current and future business structures and legal entities

Job Details

Posted Date: 2020-07-19
Job Location: Abu Dhabi, United Arab Emirates
Job Role: Legal
Company Industry: Financial Services

Preferred Candidate

Career Level: Mid Career


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