Employment:
Full Time
The role is responsible for managing the Company Secretary’s related initiatives including providing advice to concerned businesses on matters relating to the applicable governance, Laws, Legislations and Regulations as well as overseeing the regular review of the bank’s position with regards to delinquent accounts. Also, the role oversees the Share Registry, Customer Care Unit and Translation services.
Client Details
One of the leading banks in Saudi Arabia.
Description
• Manages the provision of timely legal advice on all banking matters, including but not limited to advice on legal remedies, legal contracts and agreements and drafting of proposed clauses, in order to keep the bank updated and aware of all legal issues which may impact the bank.
• Advises businesses on all governance, and legislative developments in the Kingdom and their potential impact on the bank to ensure proactive and well informed decision making.
• Provides the required reports of cases to the Audit Committee and GHQ and oversees the drafting of required documentation and other necessary arrangements (schedules, approvals, minutes, etc.) for the Ordinary and Extra Ordinary General Meetings and all other sub-committees under the Board to ensure the documentation is correct and is produced in a timely manner.
• Plans and structures the responsibilities of the Share Registry ensuring proper control of the bank’s Capital share issues, share transfers and all matters relating to shareholders.
• Plans and structures the responsibilities of the Translations unit ensuring the business and legal needs are appropriately met in terms of translation of documents.
• Manages the credit control function in order to maximize recovery on NPA’s, enhance security, improve the bank’s position for corporate lending and maximise profitability and protect the bank from avoidable risk.
• Ensures the accuracy of the analysis of financial, market conditions and the correctness and enforceability of security, as well as daily monitoring of the delinquent customer accounts, to ensure the bank has oversight on its position related to delinquent customers.
• Manages the proactive analysis and planning for determining the best possible recovery efforts for delinquent customer accounts, in order to arrive at sustainable solutions which protect the bank’s position.
• Manages the initiation of appropriate legal action against customers, including the legal proceedings and arrangement for enforcement of judgement given by courts of law/government agencies, to protect the bank’s position with regards to delinquent accounts.
• Advises the concerned businesses on matters related to legal issues and developments in order to protect the bank from potential loss in banking transaction and contributing to minimise potential losses on advances made by the bank.
• Oversees and reports as needed on the information received from the bank’s Customer Care Unit, ensuring suggestions, complaints and views from customers are being appropriately monitored and actioned to ensure the bank’s services meet their needs and expectations.
Job Offer
• To join a fast paced environment with an excellent career progression program.
• Around 20 years of relevant experience with at least 10 years in a similar role
Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
Finance & Accounting
Banking & Financial Services
Procurement
Property & Construction
Engineering & Supply Chain
Oil & Gas Technical and Engineering
Human Resources
Sales
Marketing
Technology
Secretarial
Executive Search
Legal
The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.
Source: Job Posting - gulftalent.com
