Legal Counsel

8 months ago


Jeddah, Saudi Arabia Islamic Development Bank Full time

Job Purpose

The Legal Investment & Finance Section ("LIFS") is one of the two Sections of the Legal Finance & Administrative Division (LFAD). LIFS's main activities are to provide legal advisory services in the investment and management of the financial resources of the Bank including resources mobilization and funds management.

The Legal Counsel will be responsible for carrying out a wide range of relatively complex legal assignments and providing in-depth level legal expertise and advice (considering relevant policies, guidelines and regulations) to support LIFS/LFAD in the performance of its role and mandate, according to the prevailing Organizational Manual of the Bank (as may be changed from time time), which broadly includes the following:

- Support and advise on legal aspects of investment management activities and treasury transactions including the drafting, reviewing and negotiation of related legal documents.
- Support and advise on the legal aspects of the resource mobilization activities, including the drafting, review and negotiation of related legal documents.
- Advise on the legal aspects of cash management, bank account agreements, and contracts for the custody or investment of the Bank's financial resources, and management of the Bank's financial assets.
- Provide legal advice on the relevant legal instruments, regulations, rules, policies and guidelines of the Bank.

Key Accountabilities
**Legal Services Provision**:

- Prepare, review and negotiate legal documents relating to treasury, investment and resources mobilization activities of the Bank (including but not limited to: financing agreements, co-financing agreements, syndication documents, equity and funds investment documents, treasury documents, term-sheets, waiver requests, Sukuk and treasury documentation, MoUs and cooperation agreements, non-disclosure agreements, engagement letters, shareholders agreements, partnership agreements, management agreements, co-investment agreements, subscription agreements, custody agreements, retainer documents, security documents, capital market and transaction specific documents, Shariah compliant derivatives /hedging documentation, documentation pertaining to asset liability and risk management related transactions/activities. cash management, bank account agreements, etc.).
- Advise on legal aspects of transactions structures and related legal documentation pertinent to treasury, investment, and resources mobilization activities of the Bank, in light of the Bank's policies and practice as well as applicable laws.
- Advise on the Bank's compliance with the applicable laws and regulations relating and keep abreast of legislative changes that may affect particularly the Bank' treasury, investment and resources mobilization activities.
- Coordinate the engagement of external legal counsels in relation to the investment, treasury and resources mobilization activities of the Bank.
- Provide legal support for the implementation and monitoring of projects after signing and disbursement, including advising on waiver requests, approval requests and project workouts.
- Liaise with legal functions/counsels of counterparties as and when needed.
- Prepare legal note after reviewing and commenting on the Concept Proposals at the concept review stage and participate in the relevant meetings.
- Participate in the project appraisal and undertake the required legal due diligence (with or without the assistance of an external legal counsel, as the case may be).
- Prepare and/or coordinate and review legal due diligence reports submitted by external counsel and prepare Legal Note on key legal issues for the attention of the concerned business unit/authority for each project.
- Review and assist in finalizing the legal aspects of financing proposals and presentations to the relevant committees/authorities.
- Review and advise on the documentary evidence submitted towards fulfilment of conditions precedent for disbursement.
- Provide legal support in relation to the implementation and monitoring of projects or transactions post-financial close including advising on waiver requests, consents and approvals and project workouts (restructuring/rescheduling) amongst others.
- Assist and advise on the legal aspects of/negotiating, documenting, signing, and implementing restructuring/rescheduling terms and conditions in respect of distressed and non-performing financed assets.
- Any other legal services/tasks that may be required in respect of the functions and role of the Section/Division.

**Operational Excellence & Knowledge Share**:

- Keeps abreast with the latest developments, regulations and leading practices in the field and proposes necessary improvements.
- Propose and implement process improvements to increase efficiency, effectiveness, and compliance of the related transactions, projects and activities.
- legal expertise, research, and knowledge services, and guidance relating to relevant areas of expertise


  • Legal Counsel

    6 months ago


    Jeddah, Saudi Arabia hirebloc Full time

    Current hiring for one of the largest groups across GCC working in over 30 countries since 75 years - Job Title: Legal Counsel Job Location: United Arab Emirates Experience: 3-10 yrs Comp & benefits: Best in the market with a definite hike from previous salary. **Job Description**: Key Responsibilities: 1. Provide legal counsel on employment-related...

  • Lead Legal Counsel

    8 months ago


    Jeddah, Saudi Arabia Islamic Development Bank Full time

    Legal Affairs Department The Legal Affairs Department (LAD) is custodian of the legal affairs of the Corporation. The LAD is empowered to handle legal issues related to insurance operations, claims and recoveries and the governing bodies for the Board Secretariat. In addition, the LD has been entrusted with additional responsibilities of handling Compliance...

  • Legal Counsel

    6 months ago


    Jeddah, Saudi Arabia Islamic Development Bank Full time

    Job Purpose Responsible for effectively handling a range of legal assignments of moderate complexity to support the business activities, including public and private sector financings (including Public Private Partnership and non-sovereign guaranteed financing), special and trust funds, contract management, government regulations, contractual agreements, by...

  • Senior Legal Counsel

    8 months ago


    Jeddah, Saudi Arabia Islamic Development Bank Full time

    Job Purpose The Legal Investment & Finance Section ("LIFS") is one of the two Sections of the Legal Finance & Administrative Division (LFAD). LIFS's main activities are to provide legal advisory services in the investment and management of the financial resources of the Bank including resources mobilization and funds management. The Senior Legal Counsel...

  • Senior Legal Counsel

    6 months ago


    Jeddah, Saudi Arabia Islamic Development Bank Full time

    Job Purpose The Legal Corporate Transactions Section (LCTS) is one of the two Sections of the Legal Finance & Administrative Division (LFAD). The Senior Legal Counsel will work on legal corporate related matters, including corporate procurement activities of the IsDB, and all internal administrative legal issues of IsDB. The Senior Legal Counsel will...

  • Senior Legal Counsel

    6 months ago


    Jeddah, Saudi Arabia Islamic Development Bank Full time

    Job Purpose Responsible for carrying out a wide range of relatively complex legal assignments and providing senior level legal expertise and advice on legal issues related to the IsDB's business activities, including public and private sector financings (including Public Private Partnership and non-sovereign guaranteed financing), special and trust funds,...

  • Heal of Legal

    7 months ago


    Jeddah, Saudi Arabia Asset management and investment advisory firm Full time

    In this role, your primary responsibility is to support and supervise the legal team while ensuring proper performance of all assigned tasks. **Responsibilities**: - Provide sound legal advice and counsel to the Board of Directors and senior executives to support the Group's business objectives in a timely and cost-effective manner. - Plan, direct, and...

  • Lawyer / Legal Counsel

    6 months ago


    Jeddah, Saudi Arabia The AA Full time

    **Responsibilities**: - Provide legal advice and support to the company on a wide range of matters including contracts, regulations, and compliance issues. - Draft, review, and negotiate various legal documents such as contracts, agreements, and legal correspondence. - Conduct legal research and analysis to ensure compliance with local laws and...


  • Jeddah, Saudi Arabia Islamic Development Bank Full time

    Job Purpose The role is responsible for providing expert level advice on legal issues related to the IsDB’s Operations’ activities in the relevant Region (AFRICA Region/MENA Region/ASIA Region) including public and private sector financings (including Public Private Partnership and non-sovereign guaranteed financing), special and trust funds, contract...


  • Jeddah, Saudi Arabia شركة إتقان المتميزة للمحاماة والاستشارات القانونية Full time

    Company Description Etqan Law Firm is a leading legal services provider in the Kingdom of Saudi Arabia. We strive to be at the forefront of the legal industry by providing innovative and exceptional legal solutions to meet the needs of our clients in the ever-evolving Saudi market. Our professional team of advisors and lawyers are committed to upholding...

  • Privacy Director

    6 months ago


    Jeddah, Saudi Arabia Ericsson Full time

    **Our Exciting Opportunity!** This role reports directly to the Group Head of Privacy/Chief Privacy Officer. **What you will do** - Maintain a sound understanding of Ericsson’s business activities and applicable laws/regulations in the Market Area - Monitor, track and asses the rapidly evolving landscape of privacy relevant laws and regulation, as well...

  • Risk Intelligence

    7 months ago


    Jeddah, Saudi Arabia Bupa Arabia Full time

    Design a robust Fraud Risk Management Framework in line with regulatory and risk management standards in order to enforce the zero-tolerance approach against internal and external fraud & to continuously assess the framework. - Develop an internal network of good business conduct and fraud champions that would help in developing a culture of fraud awareness...


  • Jeddah, Saudi Arabia Jamjoom Pharma Full time

    Monitors administration to establish standards and procedures. Identifies opportunities for improvement and resolves any discrepancies. Provides advice to management on local and government services. Protect the interest of the company in accordance with governmental authorities, laws and regulation. **Responsibilities**: - Liaising with municipality,...


  • Jeddah, Saudi Arabia Islamic Development Bank Full time

    Job Purpose Responsible for overseeing, coordinating and undertaking various capital market activities for IsDB through appropriate instruments, such as Sukuk, Reverse Murabahas/Wakalas and Hedging, considering funding requirements, risk mitigation and structuring issues to comply with the Sharia'h requirements and meeting the Rating Agencies' rating...

  • Senior Esg

    8 months ago


    Jeddah, Saudi Arabia Islamic Development Bank Full time

    Job Purpose Responsible for the Environmental, Social and Governance (ESG) aspect of IsDB funding via Sukuk issuances as well as managing investor relations for IsDB. Expected to execute all professional tasks related to obtaining and addressing ESG Ratings from the ESG Rating Agencies and issuance of Green, Social and Sustainability (GSS) and any other...

  • Credit Controller

    6 months ago


    Jeddah, Saudi Arabia Chalhoub Group Full time

    **INSPIRE | EXHILARATE | DELIGHT** For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty,...