Legal Counsel Litigation

Job description / Role

Employment: Full Time

Job description

To exclusively and independently strategize, handle, manage and address from beginning to end complex and material litigation cases relating to:

• Any non-performing borrower in the commercial/corporate portfolio of the bank; and
• Cases filed against the bank and/or cases filed against any of the group companies to ensure the banku2019s interests are fully protected.

Handle, defend, manage and supervise the wide-ranging commercial dispute cases that relate to the corporate and RBG portfolios independently, including (but not limited to):

• Drafting and issuance of legal notices to third parties on behalf of the customers and replying to legal notices received from them or their lawyers after reviewing and studying the issues, documents, exchange of correspondence, potential problems, disputes, differences, contentions and consequent legal effects.
• Initiating and managing the assigned customersu2019 litigations, preparing the best possible solution as an expert and appearing before various courts directly or through external counsels on behalf of the bank.
• Preparing statements of claim, defenses, replies, issues, pleadings, evidences and submissions of civil cases relating to problematic and non-performing loans of commercial/corporate borrowers.
• Meeting with external lawyers, counsels, experts, accountants, public prosecutor and other officials of the court to present the banku2019s point of view.
• Managing and supervising the judgment execution and recovery process, ensuring that all measures and actions toward quick recovery of debts are undertaken in a timely manner.
• Handling criminal actions referred by the bank by drafting applications, petitions, defenses, evidences, and submissions to the police, public prosecution, courts and any other law enforcement authorities and other procedural functions.
• Maintaining a consolidated tracker of the assigned litigation matters and sharing updates on progress with stakeholders in a timely manner.
• Maintaining, updating and keeping track of all other reports that are required to provide periodic updates/reports to the external auditors as well as the central bank.
• Keeping abreast of all legal developments, legal and other official practices and procedures in different Emirates and jurisdictions on a continuing basis.
• Reviewing legal manuals and reports, court judgments, changes in judicial systems and amendments in various statutes and legislations, promulgation of new laws, regulations, legislation, presidential and ministerial decrees, by-laws and orders and advising the same to the group.
• Supporting the government regulatory team (GRU) and coordinating with them on legal and regulatory matters pertaining to the bank with respect to courts, central bank and other authorities, local investigation agencies/authorities.
• Meeting internal and external critical delivery standards.
• Establishing a good rapport with external lawyers and agencies for optimizing performance and results.
• Controlling the legal cost in connection/pertaining to the litigation matters/fees.

• Law graduate with at least 8 yearsu2019 relevant experience in the UAE as a member of a legal firm or having worked in a legal department of a financial institution.
• Fluent in Arabic and English.
• Computer literate.
• Excellent quality of legal drafting (including report writing).
• Good interpersonal and presentation skills.
• Understanding of the relevant laws, regulations, and practices.
• Ability to make decisions and follow through with initiatives.
• Personal integrity and self-management.
• Planning, organizing, and analytical ability.
• Results oriented.
• Knowledge of international and local commercial litigation practice in the financial sector.
• Self-motivated, eye for detail.
• Ability to persuade others.
• Flexible team player and able to work and deliver under pressure.
• Ability to work with teams from diverse cultural backgrounds.

About the company

The leading financial institution in MENA.

While more than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first.

Together, we pioneer key innovations and developments in banking and financial services.

Our mandate? To help customers find their way to rise every day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success.

Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholdersu2019 value.

We actively contribute to the community through responsible banking in our mission to inspire more people to rise.

Company Industry: Audit & Accountancy

Apply Now