Assistant Vice President

Assistant Vice President – DFCC Bank

Job Overview

Job Title: Assistant Vice President – Legal Business Operations
Organization: DFCC Bank PLC
Department: Legal – Business Operations
Job Location: Colombo, Sri Lanka
Employment Type: Full-Time
Job Category: Banking & Insurance, Management, Private Jobs

DFCC Bank PLC is seeking an experienced legal professional for the position of Assistant Vice President – Legal Business Operations. The role involves providing legal guidance to business units, overseeing in-house and external legal counsel, supporting lending and financial service operations, and ensuring that the Bank’s legal requirements and interests are protected.

Position Details

Position: Assistant Vice President – Legal Business Operations
Department: Legal – Business Operations
Organization: DFCC Bank PLC
Location: Colombo, Sri Lanka
Employment Type: Full-Time

The successful candidate will be responsible for overseeing the Legal Business Operations function and providing strategic legal advice to various business and operational units of the Bank.

Company Overview

DFCC Bank PLC is a licensed commercial bank supervised by the Central Bank of Sri Lanka. The Bank provides banking and financial services to individuals, businesses and corporate customers across Sri Lanka.

Qualifications & Experience

Candidates should ideally:

• Be an Attorney-at-Law and preferably have completed LLB.
• Possess a Notarial License with Colombo Jurisdiction.
• Have a minimum of 12 years of experience in the legal field within a financial institution.
• Possess sound knowledge of statutes and laws, particularly those relating to:
  • Banking Law
  • Commercial Law
  • Corporate Law
  • Property Law
  • Conveyancing
• Possess good communication and negotiation skills.
• Possess strong interpersonal and leadership skills.
• Have the ability to take a holistic view when providing solutions and making decisions.

Key Responsibilities

• Oversee and supervise the work carried out by in-house lawyers attached to the Legal Business Operations Unit.
• Monitor and provide guidance to retained and panel lawyers.
• Advise on routine matters of branch banking, credit hubs, credit services and other related legal matters.
• Act as a member of the Credit Committee – I.
• Draft policies and guidelines for lending, liabilities and other financial services of the Bank, including business banking, consumer banking and MSME, and ensure timely updates to reflect changes in legal requirements.
• Ensure that legal requirements are adhered to and the interests of the Bank are secured.
• Draft templates, formats and other legal documentation required by business units for lending, liabilities and other financial services.
• Provide legal advice and insights on lending, liabilities and other financial services offered by business units.
• Oversee the evaluation, vetting and preparation of product-related documents generated by business units.
• Advise on the work carried out by officers of the R&R Department from a legal perspective.
• Conduct knowledge-sharing sessions for Legal Business Operations, the branch network, credit services and other cross-functional units.

Required Skills

• Strong knowledge of banking, commercial and corporate law.
• Good understanding of property law and conveyancing.
• Strong legal advisory and analytical skills.
• Excellent communication and negotiation skills.
• Strong leadership and interpersonal skills.
• Ability to supervise and guide legal professionals.
• Strong decision-making and problem-solving abilities.
• Ability to understand complex banking and financial service operations from a legal perspective.
• Ability to develop practical legal solutions while protecting the Bank’s interests.
• Strong knowledge of legal documentation, policies and guidelines related to lending and financial services.

Salary & Benefits

• Salary and benefits will be provided according to DFCC Bank PLC’s applicable remuneration structure.
• Further details regarding the remuneration package and employment benefits will be communicated to shortlisted candidates during the recruitment process.

How to Apply

Interested and suitably qualified candidates should submit their applications through the application button provided with this job post.

Candidates should send an updated CV or DFCC Bank application form with the position applied for clearly mentioned in the subject line.

Email: recruit@dfccbank.com

Application Address:
Chief Human Resources Officer
DFCC Bank PLC
73/5, Galle Road
Colombo 03, Sri Lanka

Application Deadline: Within 7 days of the advertisement.

Important Notes

• The position is Assistant Vice President – Legal Business Operations.
• Candidates must be Attorneys-at-Law and preferably have completed an LLB.
• A Notarial License with Colombo Jurisdiction is required.
• A minimum of 12 years of legal experience in a financial institution is required.
• Strong knowledge of banking, commercial, corporate, property law and conveyancing is expected.
• Candidates should possess strong leadership, communication and negotiation skills.
• The role involves working closely with business units, branch operations, credit services, lawyers and other cross-functional teams.
• DFCC Bank is an equal opportunity employer committed to promoting an inclusive and diverse working environment.
• Recruitment is based solely on merit and competency.
• Canvassing is discouraged.
• Correspondence will only be with shortlisted candidates.
• Applications should be submitted within 7 days of the advertisement.