Job description / Role

Employment: Full Time

Serves as in-house counsel of the Bank. Responsible for all legal advice and counsel provided to the Bank's directors, officers and employees, including providing direct advice on complex and strategic legal issues or through supervision of the in-house legal staff and/or outside counsel.
Anticipates, assesses and advises management and the board on mitigation of potential legal problems within the Bank. Consults with Bank managers in drafting policies, procedures or other documents to ensure that they conform to sound legal principles and protect the interests of the Bank;
Leads legal analysis of proposed legislative, regulatory and other initiatives and provides advice on the advantages and disadvantages of such proposals and, as appropriate, develops alternative proposals and/or comment letters to protect the interests of the Bank;
Works with Human Resources management on complex and sensitive employee relations issues;
Represents the Banks interests in contract and other negotiations, with auditors, directors, member institutions, regulators and in formal legal proceedings, hearings, and/or litigation as required. May write and review legal opinions, memoranda and letters or oversees the legal advice and counsel of Legal staff; and
Stays abreast of legislation, court cases, and relevant legal developments within the industry and the financial/business community.

Requirements

Substantial experience (relevant practice) in managing legal risk.
At least 2 years PQE in the legal field of banking industry with overall 5 years PQE.
Understanding of best practice risk management techniques and frameworks.
Understanding of the key features of relevant banking laws and regulations in UAE.
Sound judgement on business practices and regulatory relationship management.
Minimum Bachelor Degree in Law qualification.
Ability to speak Chinese preferred.

About the Company

Industrial and Commercial Bank of China Ltd. (ICBC) is China's largest bank and the largest bank in the world. It is one of China's "Big Four" state-owned commercial banks (the other three being the Bank of China, Agricultural Bank of China, and China Construction Bank). It is the largest bank in the world in terms of market value, the world's largest bank by deposits, and the world's most profitable bank.

In October 2008, the opening of Industrial and Commercial Bank of China (Middle East) Limited ( regulated by the Dubai Financial Services Authority) allows ICBC to become the pioneer among the Chinese financial institutions for the Middle East market. With strong support from its Head Office located in Beijing, ICBC Middle East support the financial needs of the UAE and the Middle East area, provide a comprehensive international trade,overseas financing against domestic support, project finance, clearing and settlement, and a series of financial services, become a link of economic and trade exchanges between China and Middle region.

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