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Job Description

To oversee high-stakes litigation and complex legal disputes, ensuring the bank’s position is effectively represented., handle, manage and address from beginning to end complex and material litigation cases relating to: 1) any non-performing borrower in the commercial / corporate portfolio of the Bank,2) cases filed against the Bank and / or cases filed against any of the Group companies, 3) A hands- on manager responsible for maintaining proper litigation records related to reports required internally and externally (UAE Central Bank , Bank auditors; and 4) handling and supervising complex material restructuring & bankruptcy matters (under the direct supervision of Unit Head, Group Litigation) to ensure the bank’s interests are fully protected

Assess the legal risks associated with ongoing or potential litigation, advising management on possible outcomes, financial exposure, and business impact.

Manage, supervise and mentor junior lawyers and legal associates, ensuring they meet the organizations legal standards.

Independently Handle, Defend & Manage And Supervise The Wide-ranging Commercial Dispute Cases That Relates To The Corporate And RBG Portfolios Independently, Including (not Limited To)

  • Drafting and issuance of legal notices to third parties on behalf of the Stakeholders Customers and replying to legal notices received from them or their lawyers after reviewing and studying the issues, documents, exchange of correspondence, potential problems, disputes, differences, contentions and consequent legal effects.
  • Manage and handle litigation cases , provide well-reasoned and constructive opinion as an expert and appearing before various courts directly or through external counsels on behalf of the Bank, preparing statements of claim, defenses, replies, issues, pleadings, evidences and submissions of civil cases relating to problematic and non-performing loans of commercial / corporate borrowers; meeting with external lawyers, counsels, experts, accountants, public prosecutor and other officials of the Court to present Bank’s highest interests.
  • Set suitable litigation strategies for defending claims filed against the Bank.
  • Set suitable litigation strategies for recovery claims filed by the Bank, including consideration of precautionary and executionary attachments instituting law suits, filing appeals and cassations with Courts, Govt. depts., law enforcement authorities and bodies, police, public prosecution, central bank, local and federal.
  • Supervise, mange and handle criminal actions portfolio / matters to which the Bank is a party and the matters involving the Bank’s staff that by drafting applications, petitions, defenses, evidences, and submissions to the Police, Public Prosecution, Courts and any other Law Enforcement Authorities and other procedural functions.
  • Handle and supervise complex restructuring & bankruptcy matters.
  • Maintain, supervise, manage and control consolidated tracker of the litigation matters and share the update on progress with the stakeholders on time manner; maintain and update and keep in track all other reports that are required to be provided the periodic updates / reports to the external auditors as well as the Central Bank.
  • Supervising the Government Regulatory team (GRU) and coordinating with them on legal and regulatory matters pertaining to the Bank with respective to Courts, Central Bank and other authorities, local investigation agencies / authorities.
  • To be abreast of all legal developments, official practices and procedures across different Emirates and jurisdictions on a continuing basis, reviewing legal manuals and reports, court judgements, changes in judicial systems and amendments in various statutes and legislations, promulgation of new laws, regulations, legislation, presidential and ministerial decrees, by-laws and orders and advising the same to the Group.
  • Meet internal and external critical delivery standards.
  • Establish and mange a good rapport with external lawyers and agencies for optimizing performance and results.

Manage and control the legal cost in connection/ pertaining to the litigation matters / fees

  • Law Graduate with at least 10 years’ relevant experience in the UAE as a member of a legal firm or having worked in a legal department of a financial institution.
  • Fluent in Arabic and English
  • Computer literate.
  • Excellent quality of legal drafting (including report writing).
  • Good interpersonal and presentation skills.
  • Understanding of the relevant laws, regulations, and practices.
  • Ability to make decisions and follow through with initiatives.
  • Personal integrity and self-management.
  • Planning, organizing, and analytical ability.
  • Results oriented.
  • Knowledge of international and local commercial litigation practice in the financial sector.
  • Self-motivated, eye for detail.
  • Ability to persuade others.
  • Flexible team player and able to work and deliver under pressure.
  • Ability to work with teams from diverse cultural backgrounds.

The leading financial institution in MENA

While more than half a century old, we proudly think like a challenger, startup, and innovator

in banking and finance, powered by a diverse and dynamic team who put customers first.

Together, we pioneer key innovations and developments in banking and financial services.

Our mandate? To help customers find their way to Rise Every Day, partnering with them through

the highs and lows to help them reach their goals and unlock their unique vision of success.

Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.

We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.


Job Details

Role Level: Mid-Level Work Type: Full-Time
Country: United Arab Emirates City: Dubai
Company Website: https://www.mashreqbank.com/uae/en/corporate/home Job Function: Legal & Compliance
Company Industry/
Sector:
Banking

What We Offer


About the Company

Corporate and Investment Banking GroupAt Mashreq, our aim is to innovate and distinguish our relationship banking approach, leveraging our long-standing heritage in Corporate & Investment Banking. Our strategic focus is to offer a best-in-class, expertise-led coverage model to our clients. We do this across multiple industries, supported by intelligence and industry know-how. We have chosen to re-align our relationship teams into industry verticals that best serve your corporate needs. We are here to be your true banking partner and deliver customized solutions that add value to your business. We focus on building rewarding relationships and differentiated customer experiences.International Banking GroupMashreq’s international presence spans across 11 countries outside UAE.With branch presence in USA, UK, Egypt, India, Kuwait, Qatar, Bahrain and Hong Kong, alongside Representative Offices in Pakistan, Nepal and Bangladesh, we provide global reach and robust regional banking solutions.We offer extensive Corporate Banking services to customers in Bahrain, Egypt, Kuwait, Qatar and India; and Retail Banking services in select countries. Mashreq’s global presence helps in supporting franchise client needs internationally and international client needs across our franchises.We take pride in our knowledge of our markets, differentiating ourselves from the competition with state of the art products and channels, a global footprint and the ability to connect national markets.Financial Institutions services constitute a major segment of our International Business. With decades of rich FI experience, full spectrum of FI services, presence in major money markets, extensive network of correspondents, clearing capabilities in most presence countries and highly experienced relationship teams, we are a major FI services provider in Asia, Europe, GCC and Africa.We aim to be your financial partner not only in the UAE, but also in the GCC and beyond.

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