Legal Officer

Organization
Arab Monetary Fund

Opening Date
Tuesday, November 5, 2024 - 12:00
- Tuesday, December 31, 2024 - 12:00

The Arab Monetary Fund (AMF) is an Arab regional organization based in Abu Dhabi, United Arab Emirates. Its main objective is laying monetary foundations of Arab economic integration and accelerating the process of economic development in all Arab Countries. AMF is seeking to recruit a Legal Officer in the Legal Department.

Duties & Responsibilities:

1. Provide legal advice and support to the business while keeping in mind the AMF strategic and business objectives.
2. Conduct legal due diligence for AMF projects to ensure compliance with the AMF Articles of Agreement and operational policies, and general adequacy of projects institutional and other arrangements with the relevant country's legal framework.
3. Complete legal tasks and projects in a timely manner and respond to legal queries.
4. Support AMF affiliates by providing legal oversight/opinions on legal matters/risks.
5. Draft and negotiate contracts/agreements and other legal documents to maximize the AMF legal protections whilst simultaneously minimizing legal risks.
6. Produce and regularly update standardized legal agreements, contracts and standard terms and conditions for the AMF in compliance with international best practices and applicable legal requirements.
7. Advise departments/project teams on AMF policies, procedures, and legal inquiries.
8. Prepare legal memoranda on pertinent legal issues.
9. Work closely and develop a positive professional relationship with other members of the AMF and share legal knowledge and best practices with colleagues, including providing formal and informal legal training sessions.
10. Liaise with external law firms and relevant authorities to ensure the effective resolution of all legal matters affecting AMF.
11. Make recommendations for improvements to policies, processes and streamlining the same to bring about efficiency and improve turn-around time.
12. Develop contingency plans to deal with emergencies related to legal matters.
13. Maintain continuous follow-up of regulatory landscape development related to AMF fields of legal interest.
14. Act as a first point of contact for regulatory compliance concerns.
15. Directly respond to counter party requests for Know Your Client (KYC) and AML/CFT and other compliance related inquiries.
16. Create and implement an FCC framework with adequate policies, and procedures.
17. Provide Financial Crime Compliance FCC advice and assessment.
18. Remain up to date on current regulatory compliance developments including international developments in the area of Taxation.

Qualifications and Skills:

1. An LL.B. degree, JD degree or equivalent, with at least seven years of relevant work experience and qualified to practice law/Bar admission (or equivalent) in at least one jurisdiction is required.
2. A master's degree in law (LLM) is desirable. Experience in a reputable private sector law firm and/or with an international/regional financial organization is a strong plus.
3. Excellent legal research, writing, drafting, analytical and communication skills.
4. Certified Anti-money laundering specialist CAMS designation and other additional relevant designations such as FSRA/DFSA.
5. Excellent interpersonal skills.
6. Good command of both the Arabic and English languages.
7. Fully proficient in computer skills, particularly in using word processing software, information databases, internet services, and library sources.
8. Experience in administrative/civil contract, and corporate law, in transactional legal work and/or preparation and negotiation of legal agreements.
9. Experience in a financial institution is a plus.
10. Familiarity with the use of varied legal research sources (including electronic sources on the internet) and other databases.
11. Ability to work well as a team member in a multi-cultural and multi-ethnic environment.
12. Ability to work under time pressure and to juggle multiple tasks within tight deadlines.

The AMF offers competitive terms of services in accordance with the applicable employment policy, which includes tax free salary, housing allowance, furniture allowance, air tickets, education allowance, and life and medical insurance.

Only short-listed candidates will be contacted.