Legal Advisor

DESCRIPTION

Operating in the UAE for over ‎50 years, CBD manages the financial requirements
of some of the largest corporates and businesses operating in the country,
driving the UAE economy. Over the years, CBD has transformed into a
progressive and modern banking institution winning multiple awards for its
digital initiatives, credit cards, bank accounts, mobile app features and
services.

CBD has been recognized as the number one bank in the UAE on the Forbes list
of The World's Best Banks ‎2022.

As we continue to build upon our successes, we are looking for ambitious
individuals who are passionate about the banking and finance industry and the
markets in which CBD operates. Just as important to us is your ability to
demonstrate a talent for dealing with people - your colleagues and our
customers - and delivering service that really goes the extra mile.

Job Purpose:

Assist the Head of Legal in providing legal opinions, reviewing and drafting
transactional documentation for Wholesale Banking Group (mainly GREs,
Institutions, and Large Corporates), Debt & Capital Market, Treasury and
Investment Departments. The Legal adviser will participate actively in
managing the legal risks and raising legal awareness through the bank.

Principal Accountabilities:

 Legal Advisory
*
Providing legal advice and support to various business/stakeholders of CBD
(e.g. WBG, DCM, TSY, Compliance, IT, Audit etc.) while keeping in mind CBD 's
strategic and business objectives
* Providing legal services to WBG including all sub groups (corporate banking, institutional banking, transaction banking, syndication team, FI, Credit) in each case to support the delivery of the commercial and customer priorities of those functions in a manner compliant with CBD's legal risk appetite, internal policies and external legal and regulatory obligations
* Providing legal services for global market and treasury activities (including bond financing, ALM, DCM and other debt programs, derivative sales, derivate policy margin projects and brokerage)
* Providing guidance to facilitate CBD's compliance with all applicable laws, rules and regulations
* Completing the legal tasks, projects and ad-hoc matters in a timely manner as assigned by the Chief Legal Officer
* Performing due diligence on a regular basis to determine capacity and authority of CBD's counterparties (borrowing powers, hedging authority etc.)
* Maintaining close relationships with stakeholders (GMs and Business Heads) to provide them with legal advice, guidance and support as needed.

Legal Documentation
* Drafting, reviewing and negotiating contracts (transactional or non-transactional) and other legal documents in order to maximize CBD's legal protections while minimizing the risks (NDAs, Service Agreements, letters etc.)
* Drafting complex agreements, contracts and bespoke documents as required by business lines and other support functions
* Drafting, reviewing and negotiating full suite of legal documentation related to Corporate Law (share subscriptions, shareholder's agreement, MOUs, side letters, JVs, SPAs etc.)
* Producing and regularly updating standardized legal agreements, contracts and standard terms and conditions for CBD in compliance with applicable legal requirements
* Assisting various business segments in launching new products and conducting legal and regulatory due diligence on such products, including identifying risks and mitigants
* Providing structuring, legal and execution advice in relation to transactions and new business
* Enhancement of legal policies/processes to mitigate legal risks and improve customer experience (TSY, DCM etc.)
* Providing transactional support to WBG, DCM and TSY Business
* Acting as lead lawyer for matters related to debt financing transactions (LMA documentation, bilateral/syndicated transaction, bridge facility, hedging documentation and security documents etc.), project finance, corporate finance, Islamic Finance, aviation finance etc.
* Drafting, reviewing and negotiating deal documentation relating to corporate and banking facilities including but not limited to syndication agreements, bilateral loans, project finance, leveraged/acquisition finance, real estate finance and asset finance transactions, finance security documents, debt restructurings and other complex lending agreements, all types of letter of credit, bonds and guarantees pursuant to LMA or other internationally accepted standards, as may be relevant and applicable
* Assisting in the maintenance and development of document templates and standards, know-how and procedures in connection with TSY, DCM and WBG etc.
* Main point of contact for drafting, reviewing and negotiating all documentation in respect of Treasury transactions (including confirmations)
* Go-to negotiator for all matters related to Treasury, Lending, Investments and Islamic Finance
* Preparing and negotiating trading agreements and other documentation between CBD and its counterparties across all counterparty sectors and jurisdictions
* Providing advice and support relating to netting and collateral, and management of netting and collateral enforceability opinions and risk positions in connection with TSY transactions
* Providing legal advice, support and risk management to CBD on derivatives, repo, securities lending, clearing execution etc.
* Providing legal support (both from a documentation and advisory perspective) to successfully transition all related IBOR documentation/transactions of CBD (attends meetings with GM, C-Level management, manages external law firm, training/working with junior members of the team etc.)
* Participating in and contributing towards Legal Department-wide strategic projects and initiatives
* Instructing and managing external counsel as and when required while maintaining a good relationship with the panel of lawyers.