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JOB PURPOSE
1. Ensure compliance with relevant laws and manage overall cost savings for the Bank (Affin Bank Berhad and Affin Islamic bank Berhad) in its documents, both financial and otherwise.
2. Manage (review, advice and prepare relevant documents) litigation cases against the Bank
3. Provide legal advisory and review of loan/facility documents (Islamic and conventional) and non-banking / commercial agreements including procurement (IT & non-IT).
4. Assist the Head of Group Legal with the tasks outlined below.
KEY RESPONSIBILITIES
Litigation
- Monitor assigned litigation cases against the Bank to reduce case numbers, exposure and to eventually close the legal proceedings.
- Provide quarterly updates to the Management Committee, President & Group CEO, and the Boards.
- Escalate new cases as necessary.
- Manage the end-to-end litigation process, under Group Legal, including fact findings, liaising with panel solicitors, preparing documents, coordinating witnesses, attending meetings, advising stakeholders, and managing legal costs.
Conveyancing
- Review / draft loan/financing documents (Islamic and conventional) for:
Community Banking (retail); Corporate and Enterprise (SME) Banking; Trade Finance; Procurement (IT and non-IT); Various Bank divisions and departments.
- Draft / review letters on an ad-hoc basis for Group Legal and other Business & Operating Units (BUs).
- Standardize loan/financing documents for existing and new products.
- Ensure legal compliance of standard documents/templates.
- Negotiate favorable legal terms with service providers.
- Review and provide legal input on new and renewal product papers / agreements / campaigns / arrangements submitted by BUs.
Advisory
- Provide legal advice to all BUs across the Bank (Islamic and conventional).
- Research and provide updates on current legal issues and new/amended laws.
- Liaise with and obtain advice from external solicitors when necessary.
- Offer legal advisory on risk, credit, and operational issues.
Compliance
- Ensure loan/financing documents comply with PDPA, Competition Act, FSA, IFSA, Companies Act and any other laws by recommending applicable clauses.
- Assist in checking/signing off Compliance Self – Assessment Matrix and related documents for compliance submission.
- Ensure outsourcing agreements adhere to BNM’s Outsourcing Policy.
- Attend to relevant processes and reporting within the Bank on compliance and risk management for Group Legal.
Court Orders
- Manage daily receipt of injunctions, winding-up, bankruptcy, garnishees and any other court orders with branches and provide relevant advice.
- Draft/review letters to be issued to relevant parties.
Solicitors’ Management
- Draft and submit memos to the Management and Solicitors’ Committee on matters pertaining to solicitors’ empanelment/management.
- Manage end-to-end process for empanelment, removal, suspension.
- Conduct performance reviews of panel solicitors to ensure quality and compliance with the Bank’s standards.
- Update the system for panel solicitors’ Professional Indemnity.
- Address general queries on empanelment/assignment of work.
SKILLS AND REQUIREMENTS
1.Qualifications and Experience:
a) LLB holder;
b) Minimum 3 to 5 years PQE as a practicing lawyer;
c) Candidates with commercial and/or Islamic banking experience will be viewed preferably.
2. Skills and Knowledge:
a) Strong research and analytical skills;
b) Strong written and spoken language skills;
c) Commercially oriented, dynamic, and quick to grasp new issues;
d) Ability to work and support as a team member;
e) Able to work independently with minimal supervision.