Operations Officer

Job description / Role

Organization

Arab Monetary Fund

Opening date: Monday, December 30, 2024 - 12:00 to Monday, June 30, 2025 - 12:00

The Arab Monetary Fund aims to onboard a Legal Officer in the Legal Department, reporting to the Director, Legal Department.

Job purpose

The Legal Officer will provide comprehensive legal advisory to support achieving organizational objectives. The role includes managing contracts, ensuring compliance with relevant laws and regulations, and supporting the legal team in handling diverse legal matters. In addition, the role will assist in mitigating legal risks, safeguarding the organization's interests, and maintaining high standards of legal and ethical compliance.

Key accountability areas and activities

The key activities include, but are not limited to, the following:

• Provide accurate and timely legal advice on a wide range of legal matters, including institutional and regulatory issues, governance, and operational matters.
• Conduct legal due diligence for AMF projects to ensure compliance with the AMF Articles of Agreement and operational policies, and general adequacy of projectsu2019 institutional and other arrangements with the relevant countryu2019s legal framework.
• Complete legal tasks and projects in a timely manner and respond to legal queries.
• Support AMF affiliates by providing legal oversight, opinions on legal matters, and risks.
• Draft and negotiate contracts, agreements, and other legal documents to maximize the AMF legal protections whilst simultaneously minimizing legal risks.
• 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.
• Advise departments and project teams on AMF policies, procedures, and legal inquiries.
• Prepare legal memoranda on pertinent legal issues.
• 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.
• Liaise with external law firms and relevant authorities to ensure the effective resolution of all legal matters affecting AMF.
• Make recommendations for improvements to policies and processes and streamline the same to bring about efficiency and improve turn-around time.
• Develop contingency plans to deal with emergencies related to legal matters.
• Maintain continuous follow-up of regulatory landscape development related to AMF fields of legal interest.
• Act as a first point of contact for regulatory compliance concerns.
• Directly respond to counterparty requests for Know Your Client (KYC), AML/CFT, and other compliance-related inquiries.
• Create and implement a Financial Crime Compliance (FCC) framework with adequate policies and procedures.
• Provide Financial Crime Compliance (FCC) advice and assessment.
• Remain up to date on current regulatory compliance developments including international developments in the area of taxation.

Qualifications and requirements

• A minimum of 5 years of experience in legal advisory, contract management, and general legal practice, preferably in international organizations or financial institutions.
• Bacheloru2019s degree in law (LLB) or related fields is required.
• Masteru2019s degree in law (LLM) or related field is preferred.
• Excellent communication and writing skills in Arabic and English. French, as a third language, is a solid advantage.

We offer an attractive package of benefits aligned with our employment policies, including a tax-free salary and supplementary allowances such as housing, furniture, air ticket, schooling, and comprehensive medical insurance.

Only shortlisted candidates will be contacted.