Legal Manager (Commercial Bank)

Job description

Description:

Job Purpose
The Legal Manager will be responsible for conducting litigation for the bank, debt collection support and supporting the Head of Legal and Company Secretary, in conducting other legal suits. Manage the legal risks affecting the Bank and ensure that they are managed and resolved as required by the law or the needs of the business. In the absence of Head of Legal and Company Secretary, serve as Legal Counsel and a resource to the Executive Team on legal matters; issues of institutional procedure; negotiating and drafting agreements; managing litigation, and as an authority on corporate governance.

Summary of Key Responsibilities;

Lead Legal department effectively and efficiently to achieve the desired performance as per Bank’s guidelines.
Effectively monitoring and handling of all cases pertaining to Arbitration, court cases, court orders, consumer forums, other litigation’s etc. Guide, more particularly, in preparing of suit applications, additional filings, plaints etc. Represent on behalf of the bank in various courts.
Apply effective risk management techniques and offer proactive advice on possible legal issues
Perfection of securities for credit facilities
Ensure that the corporation complies with all related legislation or regulations such as investment laws, corporate laws, telecommunication laws, labor laws, intellectual property laws, and contract laws
Communicate and negotiate with external parties (regulators, external counsel, public authority, etc.), creating relations of trust
Conducting debt collection through legal action in court
Conduct appropriate due diligence assessments with regard to company transactions.
Receive and act upon all court summons, pleadings and demand letters served upon the companies.
Manage, control, and monitor instructions to and expenditure by external lawyers engaged to render legal services.
Ensure that the Bank is represented in court by competent advocates. Arrange, attend, and direct strategy meetings with external lawyers on how to proceed
Assume the role of Company Secretary for active participation in the corporate governance under the instruction of the Board of Directors in accordance with the law, Memorandum, and Articles of the Association
Advising and guiding the bank’s Executive Team on all matters of law
Reviewing and providing advice to the business upon request on matters concerning applicable contracts
required for operation of their business
Draft and solidify agreements, contracts, and other legal documents to ensure the Bank’s full legal rights
Provide clarification on legal language or specifications to everyone in the organization mostly the Executive team.
With Head of Legal and Company Secretary, prepare all relevant documents, as directed by the Board or Law such as the annual director’s report.
Generate and draft contracts and agreements that are compliant with the law, are aligned to company strategy and business principles, including appropriate and required clauses, and protect the company’s interests.
Undertake a legal review of and advise the companies regarding important legal developments, documents, agreements, policies, and procedures
Establish and maintain an effective and efficient contractual management system with respect to contract drafting, reviewing, negotiation, and execution in collaboration with other departments

Required Skills & Competencies

Excellent Communication Skills – Written & Verbal
Excellent Organizational Skills
Excellent Interpersonal SKILL;S
Excellent Business and Commercial Acumen
Attention to detail
Mature and Ability to interact at Senior EXCO
Good Negotiating Skills
Strong skills in drafting a variety of legal documents and communicating complex issues clearly and concisely.
Ability to review under strict deadlines long and complex transactions and other legal document
High levels of emotional intelligence and emotional resilience to be a good team player in a diverse legal team is a requirement.
Primary Areas of Accountability:

Qualifications and Experience

Bachelor of Laws Degree
Masters in Commercial Law will an added advantage
Must have a minimum of at least ten 8-10 years experience in the banking regulatory environment or financial services sector

Must have proven experience in Commercial Litigation
Working experience of more 5 years with a Commercial Bank or Microfinance Institution

Excellent understanding of corporate law practices
Experience in managing Commercial transactions, Mergers and Acquisitions will be a plus
In-depth knowledge of the banking industry including the applicable regulations and guidelines and the Banking and Financial Services Act
Experienced in managing external senior legal counsels.
Strong written and oral communication skills in English
Familiar with corporate governance and assurance structures and policies
Must be a member of LAZ with VALID Practicing Certificate

                       QUALIFIED & EXPERIENCED FEMALES ARE ENCOURAGED TO APPLY FOR THIS POSITION

If you meet the hiring requirements for the position, please email your CV in MS Word and Cover Letter clearly stating your salary expectations to: jobs@bemconsult.com & Cc bemconsult8@gmail.com   

Note that, all communications will be kept in the strictest of confidence. If you do not receive communication within 21 working days of the closing date of the advert, please consider your application unsuccessful. 

DO NOT SEND CERTIFICATES AT THIS STAGE