Full-Time Associate Counsel, Office of the General Counsel (DGC)
Associate Counsel, Office of the General Counsel (DGC)
Organizational Context and Impact of Results
The position represents the second most junior position in the Office of the General Counsel and the lawyer hierarchy. Under the overall guidance and supervision of the General Counsel and the direct guidance of the Senior Counsels, the Associate Counsel provides legal advice in relation to BSTDB’s lending, investment and funding operations. In doing so, the guiding objective is to uphold best practices throughout BSTDB, to safeguard its interests, and enhance its overall operational efficiency.
Main Functions and Accountabilities
- Provides general legal advice in order to ensure the best protection of BSTDB’s interests. Provides specific input on policy issues if requested;
- Facilitates and enhances the business of BSTDB with appropriate legal input and support on all lending, funding and investment operations, including reviews of facility/loan documentation and negotiations with counterparts, underwriters, lead managers and professional advisors;
- Collaborates effectively with, and is responsive to the reasonable requirements of, other departments in order to increase the overall efficiency and productivity of BSTDB;
- Maintains knowledge of all legal and regulatory developments which might affect BSTDB in order to ensure that it keeps up with the best practices of its peer institutions and that its overall position is as protected and legally safeguarded as possible.
Minimum requirements for the position
- University degree in Law or a first university degree in any subject followed by a postgraduate qualification in law;
- 8 years of relevant legal experience, including internships, gained in either: (i) the legal department of a prominent financial institution, or (ii) an international development financial bank, or (iii) a law firm which routinely advises on cross border financial transactions, or (iv) the legal department of a prominent multinational company;
- Exposure to large scale international financial transactions to include project and structured financings, secured and unsecured bilateral and syndicated loans; preparation and negotiation of the facility/loan documentation, rescheduling loans, and other activities characteristic of international banking;
- Must be admitted to practice law in any BSTDB Member State, any EU Member State, New York (USA) or in any other civil or common law jurisdiction prominent in global finance;
- Excellent English with demonstrated ability to draft legal documentation;
- Very good knowledge of Microsoft packages.
- Some knowledge of the legal framework within which multilateral institutions operate and their relationship with national authorities;
- An understanding of the legal aspects of BSTDB’s operations, activities, policies and operating procedures;
- Working knowledge of prevailing international anti-money laundering, sanctions and compliance regimes;
- Good working knowledge of a language of any BSTDB Member State;
- Ability to manage clients and operate under pressure in time sensitive scenarios;
- Experience in any BSTDB Member State;
- Working experience as external counsel on transactions involving, or instructed by, international development financial institutions;
- Working on the legal aspects of treasury funding operations;
- Experience of equity participation transactions;
- Capital Markets experience.
It is the BSTDB’s policy to offer equal employment opportunities to qualified candidates regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities.
How to Applyhttp://www.bstdb.org/career/current-vacancies/current-vacancies_4249.htm
471 total views, 2 today