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  • Posted: Nov 15, 2023
    Deadline: Nov 15, 2023
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    TDB, the oldest bank of Mongolia, prides itself for its leading position in the universal banking service provider, offering over 130 types of international standard banking products, professional and user friendly banking services. The Bank acts as a primary lender to most of Mongolian leading corporations as well as foreign corporations and foreign represe...
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    Legal Officer

    Job Summary

    • Reporting to the Deputy Group MD and General Counsel, Legal Services Department, this position is responsible for drafting and reviewing loan agreements, commercial contracts, and other transaction documents to ensure conformity to Bank’s decision records and policies, provide legal advice and ensure adequate legal representation during court proceedings to safeguard the Bank against legal suits from Borrowers or third parties.

    Responsibilities

    The Legal Officer performs the following duties:

    • Draft and negotiate loan agreements, ancillary transaction documents, and commercial contracts (including non-disclosure agreements); and prepare such drafts for proper execution.
    • Provide legal services and assistance for loans and related operations of the Bank throughout the origination, appraisal/due diligence, underwriting, documentation, and supervision stages.
    • Advise the Bank on interpretation and implementation of legal issues to protect the Bank's interests.
    • Support the appointment of receivers/administrators and the administration of receivership cases.
    • Draft legal communications with external legal counsels, courts and other judicial and administrative bodies to protect the Bank's interest.
    • Negotiate legal instruments on active transactions in accordance with the Bank’s policies.
    • Update status of accounts as per departmental dashboard to organize day-to-day work, by sharing information on actual status of each transaction and action plan for ongoing work.

    Qualifications and Competencies

    • Juris Doctor’s degree or a Master’s degree in Law (LLM) and Bachelor’s degree in Law (LLB) from an accredited institution.
    • Qualification to practice law in any jurisdiction relevant to the Bank’s business or in any of the Bank’s member states.
    • A minimum of 5-8 years of relevant experience, including international work experience in a commercial, financial, or legal advisory institution and/or public sector financial body (e.g., International law firm, multi-national corporate, bank, insurance company, investment advisory firm, DFI, Ministry of Finance, National Treasury, Sovereign Wealth Fund).
    • Proven track record and experience as a banking, finance, and corporate lawyer.
    • Strong legal drafting, problem solving, negotiation, organizational and planning skills with the ability to work in a multi-cultural environment, manage dynamic priorities, and work under pressure to deliver on strict deadlines.
    • A results-oriented individual with excellent communication, facilitation, and interpersonal skills.
    • Fluency in verbal and written English is a requirement. Knowledge of another official language of TDB Group member states is desirable.

    Method of Application

    Interested and qualified candidates should express their interest by submitting their applications by 15 December 2023 through TDB Career Website.

    Applications should include a resume, academic and professional certificates, full contact address and the names and addresses of three referees.

    Interested and qualified? Go to Trade and Development Bank (TDB) on career2.successfactors.eu to apply

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