Responsibilities

  • Quality of documentation perfection for bank securities (40%)
  • Quality of legal services (10%)
  • Adequacy of personal competence to effectively perform the recovery tasks (10%)
  • Consistency in adherence to and effective application of established policies, processes, procedures and tools in achieving optimal efficiency and cost containment (40%)
  • Responsible for identifying and reporting potential and actual Money Laundering Risk, including suspicious transactions in accordance with the laid down AML policies &  procedures.

Main Activities

  • Preparation of letters of undertaking & release to asset dealers in regard to ABF facilities
  • Processing of files & preparation of disbursement forms upon receipt of files approved for disbursement; and maintenance of a monthly list/schedule of all disbursements for the month and outstanding (if any);
  • Procure, the registration of logbooks, Security Agreements, and stamping of documents
  • Following up on instructions issued to external lawyers for security perfection and litigation, and ensuring that they are handled in a timely manner within approved TATs
  • Preparation of legal documents including contracts, leases, & MOUs, whenever called upon to do so by any department or branch of the Bank through the unit head and ensuring their completeness before handing the signed & stamped document for custody;
  • Review of all bank’s standard documentation from time to time
  • Assist in the drawing up and review of legal procedures, policies, and Bank products
  • Finding and preparation of documentary evidence and witnesses for legal cases for and against the Bank
  • Review of pleadings and other supporting documents prior to the filing of applications, cases, claims, defenses, and responses
  • Prepare monthly litigation reports for the department for management & quarterly reports on changes/advances in statute and case law for the board
  • Maintaining department’s litigation diary
  • Attend court to watch a brief
  • Provision and interpretation of legal information to management
  • Provide leadership in performance management, employee development, talent management, and building a work environment that drives high performance and employee satisfaction
  • To perform any other duty as assigned in line with the organization goals and objective

Qualifications

  • Bachelor of Laws degree (LL.B) from a recognized University  (M)
  • Diploma – KSL (M)
  • AKIB or other professional qualification (AA)
  • 6 months pupilage in a busy commercial law firm in the commercial department (M)
  • The practical experience acquired through working in a banking institution; working knowledge of banking business acquired through participation in facility structure meetings, Due diligence exercises, and management of non-performing loan portfolio to reduce outstanding debts and loans.
  • 2 years Banking experience (Added Advantage)