Job Description
About the job Head of Legal (Compliance & Regulatory)
Industry : Trade & Investment (Cross Border Remittance / Payment gateway)
Experience : Minimum 5+ Years In UAE (Banking or NBFC)
Position Overview: We are seeking an accomplished Head of Legal with specialized experience in the banking or Non-Banking Financial Company (NBFC) sector to lead our legal team. This role demands a thorough understanding of central bank norms, regulatory compliance, and licensing requirements, along with expertise in drafting and managing legal documentation. Immediate availability within 30 days is preferred, with flexibility in working arrangements and proficiency in Arabic considered advantageous.
Responsibilities:
- Regulatory Compliance: Ensure strict adherence to central bank regulations, legal standards, and compliance requirements relevant to banking or NBFC operations.
- Licensing and Permits: Oversee the acquisition and maintenance of essential licenses, permits, and registrations necessary for organizational operations.
- Legal Documentation: Draft, review, and negotiate a diverse range of contracts, agreements, NDAs, and other legal documents to safeguard organizational interests.
- Legal Advisory: Provide expert legal counsel to management and departments on various legal issues, risks, and implications.
- Risk Management: Identify potential legal risks and develop strategies to mitigate them effectively.
- Jurisdictional Awareness: Stay updated on legal developments across different jurisdictions pertinent to organizational activities.
- Dispute Resolution: Manage legal disputes, litigation, and claims in collaboration with external legal advisors as required.
- Policy Development: Develop and implement internal policies and procedures to ensure compliance with legal frameworks and industry best practices.
Requirements:
- Education: Law degree from a reputable institution.
- Experience: Minimum 5+ years of progressive experience in a senior legal role within the banking or NBFC sector, ideally in a central bank-regulated environment.
- Language Skills: Fluency in Arabic and English is mandatory; proficiency in other languages is advantageous.
- Legal Expertise: In-depth knowledge of banking regulations, central bank norms, compliance standards, and legal frameworks applicable to financial institutions.
- Communication Skills: Excellent interpersonal and communication abilities, adept at interacting effectively with stakeholders at all organizational levels.
- Analytical Skills: Strong analytical and problem-solving skills, capable of applying a pragmatic approach to legal challenges.
- Leadership: Demonstrated leadership capabilities, including the effective management and mentoring of legal teams.
- Adaptability: Flexible and adaptable to evolving priorities and business requirements.
Job Details
- Job Location
- Dubai United Arab Emirates
- Company Industry
- Other Business Support Services
- Company Type
- Unspecified
- Employment Type
- Unspecified
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- Unspecified