Legal Counsel

Riyadh, Saudi Arabia Posted 2023/05/24 10:25:05 Unlimited Ref: JB1100031554

Job Description

  • Provide legal support to assigned Bank operations / region, ensuring appropriate and required legal documentation and compliance.
  • Manage and supervise the Legal Counsel and staff in the Legal Unit.
  • Review, prepare and negotiate contracts between the Bank and third parties; common types of contracts including commercial contracts, loan agreements (for wholesale and retail), multi-option facility agreements, guarantees, bank undertakings, ISDAs and FX Agreements, sub-participation agreements, repos, Islamic financing agreements, software license agreements, outsourcing agreements and IT agreements.
  • Ensure prudent review of all contracts with a view to assessment of risk and preventing legal exposure to the Bank. Recommend modifications to agreements, standards, models and documentation as legal requirements change.
  • Support BU managers in the resolution of all contractual issues/disputes in order to secure the Bank’s best interests.
  • Conduct research and advise BU managers on relevant legal and regulatory requirements in the assigned region/country. Research records and legal precedent so that all required data and information is available in timely and easy to use manner.
  • Follow up on changes in legislation and other developments in the legal and banking field to remain updated. Review relevant legal journals and court circulars on a frequent basis communicate the same to more senior members within the relevant function any information or newly drafted regulations of which they need to be aware.
  • Ensure that all copies of legal documents are stored in a logical and convenient manner so that information is easily retrieved.
  • If required (and if Arabic speaking), review short text Arabic documents, translating these documents into English and prepare the response in Arabic.
  • Represent the Bank (either directly or through external legal counsel) before, including without limitation, any court, judicial or quasi-judicial authority, government department or ministry or arbitral forum.
  • Liaise with third parties including law firms on behalf of the Legal and the Bank on transactional matters and general queries. 
  • Assist in the preparation of timely and accurate reports to meet Bank and department requirements, policies and standards.
  • Any other legal matter/s which may be assigned by the Head of Legal.


  • Excellent written and spoken English skills. Arabic skills are an advantage.
  • An ability to effectively deal with all levels of the Bank and its counter-parties.
  • An ability to work under pressure, so as to meet transactional deadlines.
  • An ability to comprehend and analyze financial transactions.
  • A comprehensive knowledge of banking transactions and documentation.
  • Expertise in local laws and regulations
  • Legal report drafting skills
  • Negotiation and dispute settlement skills
  • Local tenders and contracts understanding and writing skills

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Job Details

Job Location Riyadh, Saudi Arabia
Job Role Legal
Employment Type Direct Employee
Number of Vacancies 1

Preferred Candidate

Career Level Mid Career

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