DAMAC Properties
Role/Responsibilities: • Responsible for compliance duties of various Corporate Agreements such as Branding Agreement, Joint Venture Agreements, Plot Agreements, Debt Agreements and other Corporate Agreements. • Review draft Sales Purchase Agreements and propose amendments to ensure company interests are protected. Co-ordinate with third party local legal firms for inputs • Review Agreements and Develop and oversee control systems to prevent non-compliance for corporate third party agreements and banking facilities agreements. Also monitor the covenants in Debt Agreements and its submission requirements on a periodic basis • Identify, assess, monitor and manage compliance of company with terms of agreement executed with third Parties • Review wide varietly of corporate contracts or any other documentation committed by the company and assess commercial and legal implications that need to be brought to the senior management’s attention. • Prepare and maintain a risk / compliance register after reviewing and extracting the legal-administrative clauses in executed Contracts. Enter such complaince obligations in the Compliance Management Software and ensure the system is updated with information on a periodic basis. • Contribute to robust and effective compliance controls within the organisation. • Review contracts, amendments and prepare power of attorney documents • Monitor to ensure adherence to the various compliance requirements in executed Contracts. • Keeps track of important contract dates and milestones and prepare reports on the status of contracts for management review. • Partner with various other internal departments (legal, finance and others) to make the contract management process more effective and efficient. • Ensure compliance with internal policies, third party agreements and statutory or legal requirements. • Ensure that contracts signed are properly entered into organizational database. • Maintain records for correspondence and documentation in relation to executed contracts and those in progress. • Prepare weekly, monthly and quarterly reports for the department for executive management meetings. Perform any other taks and/or duties as may be delegated. Qualifications/Specific Experience/Skills: • Degree in finance, law, para legal, business management, company secretary or equivalent; • Min. 15 years of work experience with at least 3 years of experience in construction related industry; • Member of professional institutions for Compliance • Excellent English language skill (both spoken and written); • Excellent revewing skills - Must be able to review agreements, amendments and prepare summary of compliance requirements etc. • Excellent skills for preparing reporting and presentations • Very organized, efficient, systematic and team player. Commitment and enthusiasm in the delivery of the organization's objectives • Eye for Detail.
Degree in finance, law, para legal, business management, company secretary or equivalent; minimum 15 years of work experience with at least 3 years in the construction-related industry; member of professional institutions for Compliance; excellent English language skills (spoken and written); excellent reviewing skills for agreements, amendments and summarizing compliance requirements; strong reporting and presentation skills; highly organized, efficient, systematic, and a team player with attention to detail.
Responsible for compliance duties of various corporate agreements such as branding, joint venture, plot and debt agreements; review draft sales purchase agreements and propose amendments to protect company interests; coordinate with third-party local legal firms for inputs; develop and oversee control systems to prevent non-compliance for corporate third-party and banking facilities agreements; monitor covenants in debt agreements and submission requirements; identify, assess, monitor and manage compliance with terms of agreements executed with third parties; review a wide variety of corporate contracts and assess commercial and legal implications for senior management; prepare and maintain a risk/compliance register and enter obligations into the compliance management software; contribute to robust and effective compliance controls; review contracts, amendments and prepare power of attorney documents; monitor adherence to compliance requirements in executed contracts; track important contract dates and milestones and prepare status reports for management; collaborate with internal departments (legal, finance and others) to improve contract management processes; ensure compliance with internal policies, third-party agreements and statutory/legal requirements; ensure contracts are properly entered into the organizational database; maintain records for correspondence and documentation related to executed and in-progress contracts; prepare weekly, monthly and quarterly reports for department and executive management; perform any other tasks as delegated.
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