Commercial Lawyer

2 weeks ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time

About the Role:

The Islamic Development Bank is seeking a highly skilled Commercial Lawyer - Jeddah to join its team in Jeddah, Saudi Arabia. As a key member of the bank's legal department, you will provide expert advice on commercial law matters related to insurance operations, corporate services, and treasury transactions.

Responsibilities:

  • Provide Expert Advice: Provide expert advice on commercial law matters related to insurance operations, corporate services, and treasury transactions.
  • Develop Policies: Develop and implement policies and procedures to ensure compliance with relevant laws and regulations.
  • Communicate Effectively: Communicate effectively with internal and external stakeholders to ensure that all parties are aware of their responsibilities and obligations.

Requirements:

Field of Study: Commercial Law or Banking and Finance Law
Academic Qualifications and Relevant Experience:
Experience E1: 3 years for Bachelor's degree holder and 1 year for Master degree holder
Nature of Experience: Prior experience in handling legal operations pertaining to insurance (underwriting, claims, recovery, and reinsurance), with a minimum of between 3 years (as applicable) of relevant experience preferably in Banking/Export Credit Insurance/International Trade/General Insurance or Legal practice
Professional Certifications (as applicable): License to practice law in at least one ICIEC Member State or any other renowned jurisdiction.
Business Language Skills: Good command of written and spoken English essential, additional languages such as Arabic, French is an added advantage



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