Associate – Financial Services

Bespoke Professionals

Dubai, UAE

Ref: MP910-504

Job description / Role

Employment: Full Time

International law firm – Dubai, 1-3 years PQE

We have an exciting opportunity for junior lawyers who want to start their career in the Middle East.
A major law firm, which is recognized as the market leader for its work in the insurance and reinsurance sector, is looking for an Associate to join its Financial Services team which includes 7 partners and 25 lawyers who cover the GCC and wider MENA region.

The team have:

• Acted for more insurance sector players establishing in the DIFC
• Advised on the largest and more complex M&A transactions for insurers; and
• Advised on the largest bancassurance transactions in the region.

As an Associate, you will be responsible for advising financial services and insurance sector entities on:

• The establishment and licensing of new entities across the GCC (including in the DIFC, ADGM and QFC)
• Registration of financial and insurance products for distribution in the UAE
• M&A transactions, including assisting with obtaining the relevant regulatory permissions for such transactions
• The establishment and licensing of distribution arrangements, including drafting bancassurance agreements and terms of business agreements with insurance brokers and financial advisors
• The development of new insurance and wealth management products; and
• providing regulatory advice in relation to the day-to-day operations of our clients covering issues such as anti-money laundering, anti-bribery & corruption, conduct of business, change of control, authorization of individuals to conduct regulated functions etc.

Requirements

The firm is interested to meet candidates with:

• 1 – 3 years post-qualification experience working on a range of financial services and regulatory matters with elements of Corporate and Commercial law with a focus on the insurance and reinsurance sector or the wider financial services sector
• Experience of (or an understanding of) working with the specialist financial free zones - e.g. QFC, DIFC; and ADGM or with similar regulators outside of the region (e.g. the UK FCA and PRA)
• Arabic language skills (not essential); and
• A genuine interest in developing their long-term career with a leading financial services practice in the Middle East.

If you are interested to discuss the role or looking for opportunities in the region, please send your CV online.

About the Company

Bespoke Professionals was established in the Kingdom of Bahrain in early 2012 and now has offices in Bahrain and Dubai. We are a specialist legal executive search firm who have placed lawyers and support staff in the leading law firms and multinational companies in the GCC and wider Middle East region.

We pride ourselves on delivering a value-added introduction service that achieves the goals of both client and candidate, and so take great care to absorb every last detail when learning about our clients and candidates, so as to ensure a mutually beneficial match.

The majority of our focus is in the Legal sector, working very closely with UK, US and local law firms in the Middle East and in the Asia Pacific region, on a contingent and retained basis. We also exclusively recruit and headhunt for a number of banks, telecoms, and energy firms on legal and compliance mandates.

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Associate salaries in UAE

Average monthly compensation
AED 8,500

Breakdown available for industries, cities and years of experience