Arbitrator Job Description Template
An arbitrator is a person who hears and decides disputes between two parties. An arbitrator is similar to a judge in that they preside over cases and render decisions; however, an arbitrator is not a part of the court system. Instead, both parties must agree to use arbitration, and they can select their own arbitrator or have one assigned to them. Once selected, an arbitrator has the authority to hear testimony, review evidence, and make a decision based on the information presented.
Arbitrator Job Responsibilities
- Act as a mediator between two parties in order to help them reach an agreement
- Listen to both sides of the argument and identify key points of contention
- Propose potential solutions to the problem and help the parties negotiate a resolution
- Keep confidential information about the dispute private
- Issue a binding decision if the parties are unable to reach an agreement
Objectives
- To provide an independent and impartial service to resolve disputes between parties.
- To promote the amicable resolution of disputes through effective communication and negotiation skills.
- To maintain a high standard of professional conduct and ethics at all times.
- To keep abreast of developments in arbitration law and practice, and to continue professional development to improve skills and knowledge.
Arbitrator Job Skills & Qualifications Needed
- The skills and qualifications needed for the role of Arbitrator are:
- A minimum of five years’ experience in commercial law, preferably with a focus on international arbitration.
- A good working knowledge of the rules and procedures of international arbitration, as well as the substantive law relevant to the disputes being arbitrated.
- Excellent research, writing and advocacy skills.
- The ability to think creatively and solve problems effectively.
- The ability to work well under pressure and meet deadlines.
- Fluency in English is essential; fluency in another language is an advantage.