Legal Associate
6 days ago
Dubai, United Arab Emirates | Posted on 01/20/2025
ShorooqPartners is the leading early stage technology focused venture capital firm in the Middle East. The firm is grounded on the fundamental principles of being Founders' Partners, Company Builders and Value Investors . Shorooq's mission is to propel the technology startup innovation landscape in the region. The firm has a portfolio of more than 30+ startups across fintech, platform and software. ShorooqPartners was founded in 2016, is headquartered in Abu Dhabi, has offices in Saudi Arabia and Bahrain and is the first regional VC firm to be regulated by the ADGM FSRA.
Job DescriptionWE ARE HIRING
Founded in 2017, Shorooq is a leading multi-dimensional investment firm in the Middle East, North Africa, and Pakistan (MENAP region) investing across multiple asset classes including venture capital, credit, and private equity. The firm built deep sectoral expertise in Fintech, Platforms, Software and Web3.0. Shorooq has backed market leading disruptors, some of which include Pure Harvest, Nymcard, Tamara, Sarwa, Lean Technologies, TruKKer, Qlub, and Mozn. Since its inception, Shorooq has been built on the principles of being founders' partners, company builders and value investors.
Shorooq is headquartered in Abu Dhabi, UAE and has offices across Dubai, Riyadh, Cairo, and Seoul.
Title : Legal Associate
Primary Location : United Arab Emirates
Employment : Full-time contract
Shorooq is seeking an in-house Legal Associate to manage the organization's legal affairs and play an important role in the Firm's operations and corporate compliance efforts. The Legal Associate will be responsible for providing expert corporate and transactional legal advice and service to Shorooq on transactions, commercial agreements and internal affairs. The key aspects of the role will be as described below.
Responsibilities include the following:
- Providing legal advice and service on investments, including managing legal processes and due diligence for strategic investments.
- Drafting and negotiating term sheets and final definitive documents for investments, partnerships and commercial projects of Shorooq.
- Conduct due diligence on potential investments, ensuring compliance with legal and regulatory requirements.
- Identify and mitigate legal risks associated with investment strategies, transactions, and portfolio management.
- Providing advice on shareholder, board matters and consents, monitoring and reviewing board and shareholders' communications from portfolio companies (when applicable).
- Liaising and working closely with external service providers and partners such as external legal counsel, fund administrators, auditors, etc.
- Reviewing, monitoring and implementing Shorooq's internal policies, including but not limited to employment and financial compliance policies.
- Assisting with compliance matters, including reporting and documentation obligations related to compliance with regulations of the ADGM FSRA and internal processes and procedures.
- Assisting with maintaining registration details for Shorooq and its affiliated entities and investment vehicles.
- Assisting with necessary filings required by the registration/regulatory authorities, including with the FSRA and relevant authorities in each of the jurisdictions in which we operate.
- Assist with investor relations and reporting, ensuring legal requirements are met.
- Providing general day-to-day legal advice and general commercial and contract legal issues.
- Research legal issues as necessary, including for new initiatives.
- Stay up-to-date with securities laws, financial regulations, and other compliance requirements relevant to investment activities.
- Any task required to position and maintain Shorooq's position as a leading investment firm.
Desired start date is as soon as possible.
RequirementsQualifications and Requirements:
- 2+ years legal experience with a leading law firm or in-house at a top-tier investment firm, with experience in venture capital, private equity and M&A transactions.
- J.D. or equivalent degree from a leading law school with excellent academic credentials.
- Admitted to practice law and in good standing with the relevant bar association or society.
- Strong business and commercial judgment and project management skills to be able to execute beyond core legal areas, including the investment and administrative teams across multiple areas.
- Strong oral and written communication skills. Fluency in English is a must, fluency in Arabic is a plus.
- Basic financial analytical capabilities are required.
- Strong experience working with Microsoft Office applications, including Word, PowerPoint and Excel.
- Knowledge of financial regulations, particularly those of the ADGM. Knowledge of financial regulations in other markets in which Shorooq Partners operates would be a plus.
- Team player, ambitious, self-driven, results-oriented and sharp time management skills.
- Strong ethics, with an ability to manage confidential data.
- An entrepreneurial mindset, which includes having flexibility and interest in taking on a variety of tasks to support the firm's growth.
Compensation and Benefits
Compensation and benefits are competitive, commensurate with experience.
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