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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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    Deputy General Counsel and Executive, Legal Services

    Job Summary

    • This position supports the Deputy Group MD and General Counsel, Legal Services Department in providing strategic legal guidance to the Group Managing Director and Executive Management Board, the Board of Directors, the Board of Governors, and the rest of the Group’s senior staff; overseeing the activities of the Group’s Legal Department to effectively manage legal risks; and ensuring that the Group’s operations are conducted within its Charter and constitutive documents, regulations, policies and other legal requirements.

    Responsibilities

    The Deputy General Counsel performs the following duties:

    • Assist the General Counsel in the management of the Office of the General Counsel and Legal Department.
    • Assist the General Counsel in providing legal and policy advice to the Group Managing Director and Executive Management Board, the Board of Directors and its committees, the Board of Governors, and senior staff members.
    • Participate in the development and implementation of the Group’s strategic initiatives, including advising on new and innovative instruments and products.
    • Assist the General Counsel in reviewing and approving policy documents governing the management of legal risks for the Group.
    • Deputize, as needed, for the General Counsel and represent them at meetings and ad hoc committees as may be necessary. The Deputy General Counsel may be asked to chair a top-level ad hoc committee or taskforce and, in that capacity, report directly to the Executive Management Board.
    • Provide technical and team leadership in the Legal Services Department towards the provision of quality legal services to TDB by providing internal legal advice on matters affecting TDB or its employees.
    • Attend to missions on significant transactions or strategic initiatives by the Bank to identify and mitigate potential legal risks and adhere to the Bank’s policies and procedures.
    • Prepare legal documents in relation to significant transactions or strategic initiatives of the Bank, to manage legal risks, ensuring that loans, securities and other agreements are properly negotiated, documented and perfected.
    • Ensure TDB’s adequate representation by external legal counsel and otherwise in legal proceedings and dispute resolution processes.
    • Participate in the development of the Bank's legal skills and knowledge to enhance legal awareness and capacity in the Bank, through training and presentation sessions.
    • Support the General Counsel in leading pro bono initiatives of the Office of the General Counsel, including the capacity building initiative for public sector lawyers in close coordination with similarly inclined partner institutions.

    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 15 years’ post qualification experience, including proven experience as a leading finance and banking lawyer and at least 5 years at managerial level in a professional law firm or financial institution.
    • Proven track record and experience in making top-level legal decisions and advising top-level decision-makers in the private and/or public sector (e.g., CEOs, board members, etc.).
    • 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.

    go to method of application »

    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

    Use the link(s) below to apply on company website.

     

    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.

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