Job Description
The Arab Monetary Fund (AMF) is an Arab regional organization based in Abu Dhabi, United Arab Emirates. Its main objective is laying monetary foundations of Arab economic integration and accelerating the process of economic development in all Arab Countries. AMF is seeking to recruit a “Legal Officer” in the Legal Department.
Duties & Responsibilities:
- Provide legal advice and support to the business while keeping in mind the AMF strategic and business objectives.
- Conduct legal due diligence for AMF projects to ensure compliance with the AMF Articles of Agreement and operational policies, and general adequacy of projects’ institutional and other arrangements with the relevant country’s legal framework.
- Complete legal tasks and projects in a timely manner and responds to legal queries.
- Support AMF affiliates by providing legal oversight/opinions on legal matters/risks.
- Draft and negotiate contracts/agreements and other legal documents to maximize the AMF legal protections whilst simultaneously minimizing legal risks.
- Produce and regularly update standardized legal agreements, contracts and standard terms and conditions for the AMF in compliance with international best practices and applicable legal requirements.
- Advise departments/project teams on AMF policies, procedures, and legal inquiries.
- Prepare legal memoranda on pertinent legal issues.
- Work closely and develop a positive professional relationship with other members of the AMF and shares legal knowledge and best practices with colleagues, including providing formal and informal legal training sessions.
- Liaise with external law firms and relevant authorities to ensure the effective resolution of all legal matters affecting AMF.
- Make recommendations for improvements to policies, processes and streamlining the same to bring about efficiency and improve turn-around time.
- Develop contingency plans to deal with emergencies related to legal matters.
- Maintain continuous follow-up of regulatory landscape development related to AMF fields of legal interest.
- Acting as a first point of contact for regulatory compliance concerns.
- Directly responding to counter party requests for Know Your Client (KYC) and AML /CFT and other compliance related inquiries.
- Creating and implementing an FCC framework with adequate policies, and procedures.
- Providing Financial Crime Compliance “FCC” advice and assessment.
- Reviewing the organization’s adherence to regulatory compliance procedures in the various jurisdictions in which it has exposures.
- Certifying the authenticity of documents upon counter-parties’ request.
- Reporting regulatory compliance issues and recommending solutions.
- Remaining up to date on current regulatory compliance developments including international developments in the area of Taxation.
Skills
Qualifications and Skills:
- An LL.B. degree, JD degree or equivalent, with at least seven years of relevant work experience and qualified to practice law /Bar admission (or equivalent) in at least one jurisdiction is required.
- A master’s degree in law (LLM) is desirable. Experience in a reputable private sector law firm and / or with an international/regional financial organization is a strong plus.
- Excellent legal research, writing, drafting, analytical and communications skills.
- Certified Anti-money lending specialist “CAMS” designation and other additional relevant designations such as FSRA/DFSA
- Excellent interpersonal skills.
- Good command of both the Arabic and English languages.
- Fully proficient in computer skills, particularly in using word processing software, information databases, internet services, and library sources.
Experience:
- Experience in administrative/civil contract, and corporate law, in transactional legal work and/or preparation and negotiation of legal agreements.
- Experience in a financial institution is a plus.
- Familiarity in the use of varied legal research sources (including electronic sources in the internet) and other databases.
- Ability to work well as a team member in a multi-cultural and multi-ethnic environment.
- Ability to work under time pressure and to juggle multiple tasks within tight deadlines.
The AMF offers competitive terms of services in accordance with the applicable employment policy, which includes tax free salary, housing allowance, furniture allowance, air tickets, education allowance, and life and medical insurance.
Only short-listed candidates will be contacted.
Job Details
- Job Location
- Abu Dhabi United Arab Emirates
- Company Industry
- Financial Services
- Company Type
- Non-Profit Organization
- Job Role
- Legal
- Employment Type
- Full Time Employee
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- 1
Preferred Candidate
- Nationality
- All Arab Countries; All GCC Countries
- Degree
- Bachelor's degree / higher diploma
