Legal Operations Responsibilities:
Strategic and Operational Responsibilities:
Contribute to the formulation and development of the Legal Department’s strategy and business plans, covering all areas of operations, and aligned to the IsDB strategy. Approve the proposals for process improvements and monitor their implementation to increase efficiency, effectiveness, and compliance of the related operations in the division. Manage the development and implementation of appropriate systems, frameworks, approaches, processes, and guidelines to enable the division to provide efficient services. Ensure the provision of legal expertise, research, and knowledge services to advance the bank’s Islamic Finance agenda and developmental mandate. Manage the development and dissemination of the knowledge base and inventory of best practices applicable to the division’s functions. Develop key results targets and performance indicators (KPIs) related to the strategy and operational plans of the division. Measure and monitor results related to the work of the division and undertake evaluations as well as inventories of lessons learned for further input into the management of legal risk and legal service delivery. Ensure the bank’s compliance with applicable laws and regulations and keep abreast of legislative changes that may affect the bank and its affiliates. Manage the preparation of the divisions’ budget and monitor actual expenditure against the approved budget. Oversee the delivery of the division’s services and their compliance with internal systems, business processes, and policies. Manage the conceptualization and development of relevant policies, procedures, and programs and provide counsel and guidance on all related legal matters and legal implications of all related matters.Leadership & People Management:
Provide motivational and inspirational leadership to the team members and communicate clear performance expectations. Coach, mentor and provide regular feedback to the team members on results at a function level, promptly addressing areas of improvement. Manage the preparation of development plan according to career growth and areas of improvement. Promote knowledge sharing, best practices, and innovations in critical aspects of the division’s functions. Ensure fairness and equality in the task assignments among team members and provide equal opportunities for staff to acquire new skills.Reporting and Communication:
Manage the preparation of periodic reports as per management requirements. Participate in the approval process for internal approving bodies e.g., Senior management, and the board of directors Interact with the heads of business units and entities on legal-related matters that require Legal opinion, actions, and inputs, for taking measures to ensure the effective implementation of the legal advice Respond efficiently to business-related demands that require strategic legal adviceAcademic and Experience Qualification
Master’s degree in Law or related discipline. Practice license and Membership in a Bar Admission are mandatory. Minimum 10 years of relevant experience in international/ Islamic banking and Finance, Project Finance, Trade Finance, International Finance, Corporate Law, Development, and Public International Law. Minimum 5 years of managerial/supervisory/leadership experience.
Languages:
Jeddah, KSA
This vacancy is archived.