Abdulelah Alsaadan
Riyadh,Saudi Arabia
Summary
Experienced legal counsel with a strong background in banking, regulatory compliance, and contract management complemented by experience in development work, including export development. Skilled in reviewing and advising on complex financial transactions, banking products, and internal policies in alignment with SAMA regulations. Proven ability to assess legal risks support business functions, and ensure regulatory compliance while protecting the Bank's interests. Adept at working cross functionally and providing practical legal solution in a dynamic environment.
Overview
19
19
years of professional experience
1
1
Certification
Work history
Lead Counsel — Risk & Regulatory Legal Affairs
Saudi Awwal Bank
Riyadh
2025.10 - Current
- Regulatory Monitoring and Impact Assessment: Monitor new legislation and assess its impact on the Bank's operations, products, and overall business activities.
- Legal Risk Management: Act as Legal Risk Steward by assuming full ownership of the Bank's legal risk framework and ensuring effective risk identification and mitigation.
- Product Legal Evaluation: Evaluate new banking products and services from a legal perspective and provide practical, actionable recommendations.
- Committee Representation: Represent the Legal Department in key governance bodies, including the Compliance Forum and the Risk Officers' Committee.
- Terms and Conditions Drafting: Draft and review terms and conditions for a wide range of banking products and services.
- Regulatory and Governance Advisory: Provide legal advice on regulatory matters, governance frameworks, and risk-related issues.
- Contract Drafting and Review: Draft and review facility agreements, guarantees, and all types of Bank contracts.
Senior Legal Manager
Saudi Awwal Bank
Riyadh, Saudi Arabia
2022.03 - 2025.10
- Legal Supervision and Guidance: Oversee the Legal Department team, providing expert guidance and strategic advice on complex legal matters.
- Contract Drafting and Review: Draft and review a wide range of banking contracts and agreements, including credit facilities, guarantees, procurement, construction, and international trade documentation.
- Project Legal Representation: Represent the Legal Department in key bank projects, including initiatives related to emerging banking technologies and corporate changes such as legal name amendments.
- Legal Advisory Services: Provide comprehensive legal advice to all bank departments on both corporate and retail matters.
- Contract Negotiation: Lead and participate in negotiations with clients on facility agreements and other contractual arrangements
Senior Legal Adviser
Bank Albilad
Riyadh, Saudi Arabia
2019.12 - 2022.03
- Provided legal advice on a wide range of matters affecting Bank across all business lines and functions including authority over opening, operation and closure of bank accounts, banking products and services, regulatory matters.
- Drafted and reviewed a wide range of agreements including service agreements, financing agreements, lease contracts and banking terms and condition.
Legal Adviser
Saudi Fund For Development (SFD)
Riyadh, Saudi Arabia
2006.12 - 2019.11
- Drafted, reviewed and negotiated service contracts between SFD and suppliers
- Drafted, reviewed and negotiated loan agreements and memorandum of understanding between SFD and foreign governments.
- Drafted, reviewed and negotiated financing agreements between SFD and international companies or international banks under Saudi Exports Program.
- Represent SFD before judicial bodies, committees, and government authorities as required.
- Drafted and reviewed SFD's Charter, Bylaws and other regulations.
- Providing legal advice to all SFD's functions.
Education
LLM - International Commercial Law
Kent University
Canterbury, UK09.2011
Bachelor of Law (LLB) - Law
King Saud University
Riyadh11.2006
Skills
- Legal strategy
- Contract drafting
- Negotiation skills
- Legal compliance
- Critical analysis
- Commercial Law
Certification
- Project Management Professional (PMP), Online
- Advanced Letter of Credit (LC), Euromoney London, UK
- The Implementing Regulation of the Enforcement Law, Institute of Public Administration (IPA), Riyadh, KSA
- Negotiation in International Development, International Law Institute, Washington DC, USA
- Arbitration and Mediation, International Law Institute, Washington DC, USA
- Preparation of legal studies and advice, Institute of Public Administration (IPA), Riyadh, KSA
- The legal system of administrative contracts, Institute of Public Administration (IPA), Riyadh, KSA
- Administrative investigation, Institute of Public Administration (IPA), Riyadh, KSA
- Legal analysis of administrative decisions, Institute of Public Administration (IPA), Riyadh, KSA
Languages
Arabic Language
English Language
Timeline
Lead Counsel — Risk & Regulatory Legal Affairs
Saudi Awwal Bank
2025.10 - Current
Senior Legal Manager
Saudi Awwal Bank
2022.03 - 2025.10
Senior Legal Adviser
Bank Albilad
2019.12 - 2022.03
Legal Adviser
Saudi Fund For Development (SFD)
2006.12 - 2019.11
LLM - International Commercial Law
Kent University
Bachelor of Law (LLB) - Law
King Saud University