Chief Legal Officer (CLO)
Full time @Global Islami Bank Plc. posted 5 days ago in Business & Financial Operations Shortlist Email JobJob Detail
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Job ID 9359
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Career Level CEO/CTO/CFO/COO/CMO/Director
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Experience 10+ Years
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Min. Qualification Bachelor's Degree
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Gender Any
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Industry Experience Bank
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No. of Vacancy 1
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Job Location Anywhere in Bangladesh
Job Description
Requirements
Education
- LL. B (Honors) and LL M from a UGC-approved or a recognized foreign university.
- Enrollment as an advocate with the Bangladesh Bar Council.
- Candidates with Bar-at-Law or PhD in Law will be given preference.
- No third division/class in academic records.
Experience
- The applicants should have experience in the following business area(s):
Banks
Additional Requirements
- Minimum 10 years of progressive experience in legal practice, including at least 5 years in a senior leadership role within a bank, financial institution in legal Department/Division.
- In-depth knowledge of banking laws, financial regulations, Shariah-compliant banking principles, investment recovery mechanisms, and regulatory compliance frameworks.
- Demonstrated expertise in managing complex legal matters, including litigation, contract enforcement, and regulatory affairs.
- Proven track record of successfully handling legal disputes and achieving favorable outcomes, particularly in the recovery of non-performing loans (NPLs).
Responsibilities & Context
Be the Chief Legal Officer (CLO) at Global Islami Bank PLC”
Global Islami Bank PLC, one of the most promising Shariah-compliant banks in Bangladesh, is expanding its footprint nationwide. With a focus on innovation, compliance, and professional growth, the Bank is now looking to appoint a capable and visionary Chief Legal Officer (CLO) to lead its legal division. This position calls for a leader with sound legal knowledge and the ability to guide the organization through complex regulatory landscapes.
Rank: Senior Vice President (SVP)/ Vice President (VP) – based on experience.
Key Responsibilities:
- Provide strategic legal counsel to the Board of Directors and Senior Management, ensuring compliance with all applicable laws, including Islamic banking regulations and guidelines.
- Oversee the Bank’s legal affairs, including litigation, contract management, regulatory compliance, dispute resolution, and legal documentation.
- Lead and manage the Legal Department by formulating and implementing effective legal strategies, particularly in handling investment defaults, recovery processes, and related legal matters.
- Represent the Bank before courts, tribunals, arbitration panels, and in key negotiations, ensuring the Bank’s interests are effectively safeguarded.
- Establish and maintain strong working relationships with external legal counsels, law firms, regulatory authorities, and government agencies.
- Monitor legal risks and ensure that the Bank’s policies and procedures remain compliant with all statutory and regulatory requirements.
- Provide legal input in corporate transactions, policy formation, and strategic business initiatives to support the Bank’s operational and ethical goals.
Compensation & Other Benefits
- Attractive remuneration package commensurate with experience and qualifications.
- Other benefits as per bank’s policy.
Interested & eligible candidates are invited to send their detailed CV with recent passport size photograph.
Incomplete or improperly submitted applications will not be considered. The bank reserves the right to accept or reject any/all applications.
The maximum age limit is 52 years as of the date of publication of this circular.
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