Legal Advisor

Dammam, Saudi Arabia

Ref: LP127-1170

Job description / Role

Employment: Full Time

Our client is one of the largest groups in the Kingdom of Saudi Arabia was established in 1954. They are currently looking to recruit Legal Advisor for their investment sector

Duties & Responsibilities:
- Review, amend, negotiate and approve the legal structure/ legal documents of investment opportunities, including but not limited to Private Equity, Investment Funds, Real Estate, Structured Product, Discretionary Portfolio Management Accounts etc. with a view to protect the Company’s interest.
- Perform Legal due diligence on financial institutions through which the company invests with, which should include but not limited to verifying/ reviewing their regulatory licenses, Memorandum and Article of Association, Shareholders Agreement, the regulatory frame work of the operating jurisdiction with a view to ascertain that the institutions are genuine and are authorized to provide the financial services/ collect funds etc.
- Negotiate with the legal departments of the counter parties (usually financial institutions) to amend the legal agreements/ contracts, if necessary to protect the interest of the Company.
- Review, negotiate and approve the financing agreements with financial institutions.
- Work with the outside law firms, which the Company may hire for specific purpose or for specific investment transactions in different jurisdictions, with a view to protect Company’s interest.
- Review and approve the Account Opening Documents and other related documents required at the start of relationship with financial institutions or during the course of normal business.
- Drafting or amending the legal documents (e.g board resolution, Memorandum and Article of Association of the Company) as required.
- Registering a new company or an SPV in different jurisdiction as per requirement. The Legal Advisor will work with outside law firm which the Company may hire for specific purpose.
- Representing the Company in courts if required and negotiating settlement terms.
- Any other work which pertains to the legal matters of the Company or Company’s investment.

Requirements

- Have at least 3-5 years of working experience in the legal department of an Islamic Asset Management Company (specialized in Private Equity and Real Estate) or in a Shariah Compliant Family Office or in Law Firm advising Asset Management Company of Family Office.
- Understanding of UK Law or Cayman Island law is an added advantage.
- Bachelors or Master’s Degree in Law.
- Must be Fluent in English Language.
- Fluency in Arabic Language is an added advantage.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions: