IDB2741 - Manager - Legal

Business Unit: ITFC
Division: Not Applicable
Department: Not Applicable
Country: Saudi Arabia
Location: Saudi Arabia - Jeddah
Closing date: 27-Dec-2021

SECTION I: JOB PURPOSE:

This role is responsible for contributing to the development of the ITFC Legal Division and advising on the overall ITFC strategy from a legal standpoint by communicating issues, legal risks, opportunities and trends on a regular basis. This role is also responsible for guiding cross-border trade activities and promotion by providing opinion and advice from a legal and Shariah compliance perspective as well as ensuring legal representation for ITFC in matters of conflict.

SECTION II: KEY RESPONSIBILITIES:

Core Responsibilities:

Legal Advice, Compliance and Due Diligence

  • Institutionalizing processes and systemic checks and balances to ensure that the inherent compliance requirements are followed for all transactions.
  • Supporting the implementation of the Legal Due Diligence process in order to ensure legality in trade operations, resource mobilization processes, liquidity investments and any other interactions with the private sector.
  • Timely completion of legal contracting, agreements, notifications, MOUs and documentation required to process all financing and corporate transactions post approval.
  • Overseeing the provision of legal opinion and counsel on financing and corporate transactions in line with Shariah principles and regulatory requirements and providing legal approvals in order to minimize financial, legal and reputational risks.
  • Advising ITFC businesses on emerging trends, developments and risk factors in the external legal environment across member countries, with a potential impact on ITFC’s line of business.
  • Participating & providing inputs in certain committees, as applicable to the role.
  • Legal Representation: assist in the adequate representation of ITFC in legal proceedings and assist Senior Manager or the head on the most optimal course of action on complex litigations and high value recovery cases, to safeguard ITFC interest at all times.
  • Managing Partnerships: building partnerships as assigned by the Senior Manager, or the Head of Legal Division, as the case may be, that may have legal outcomes such as with trade organizations, multilateral development banks, world trade bodies as well as partnerships with locally based legal service providers across member countries in order to solicit expert local legal advice and ensure representation

Educational Qualifications:

  • Post Graduate Degree/Bachelor’s in international business law in reputable law school;
  • Specialization in trade finance related matters.

Language Skills:

  • English & Arabic are compulsory

  • Knowledge of French is preferable

Years of Experience:

  • Minimum 4 years of experience
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