Vacancy title:
Legal Intern
Jobs at:
SBM BankDeadline of this Job:
Monday, May 27 2024
Summary
Date Posted: Tuesday, May 14 2024, Base Salary: Not Disclosed
JOB DETAILS:
SBM Bank Kenya is a leading and trusted financial institution with an international footprint, headquartered in Mauritius and positioned to offer an unprecedented banking experience in Kenya to niche Retail, SME and corporate clients. Following approval by the Central Bank of Kenya, the bank started its operations in Kenya in May 2017 and currently
JOB SUMMARY:
The intern shall assist in ensuring the effective and efficient management of potential and ongoing litigations by and against the bank, the provision of sound legal advisory and the management of related legal risks.
KEY RESPONSIBILITIES:
Dispute Resolution and Management - 40%
• Dispute resolution, managing potential claims, managing litigation against the Bank, initiating litigation on behalf of the Bank, pursuing alternative dispute resolution mechanisms, managing all dispute resolution files and coordinating with external counsel on resolutions of claims.
General Legal Advisory and Legal Risk Management - 50%
• Receiving files from Credit team in relation to perfection of securities.
• Receiving contracts from User departments for review and execution purposes
• Tracking of securities on Credit Quest and following up with Collateral Unit on issuance of Credit Quest approvals.
• Keep track of all matters being handled by external lawyers in relation to perfection of securities and litigation matters.
• Handling correspondence with branches and user departments on matters relating to contracts, securities, court cases and Discharges.
• Maintain proper records and filing of letters and documents relating to securities, discharges, court cases and contracts.
• Draft emails and forwarding letters as demanded by the nature of the job.
• Facilitate execution of Bank Undertakings, Security documents, Contracts and Discharges by the Bank Attorneys.
• Carry out all other instructions issued by the Manager-Conveyancing and Contracts/Litigation
• Analyzing, identifying and advising on legal risks and implications on business.
• Ensuring that customer KYC processes and account transactional legal issues (searches on institutions, advisory on account opening KYC processes and documents, etc.) have been well undertaken.
• Advising and liaising with other departments on general legal matters.
• Updating departments on major legal reforms affecting the usual banking business.
• To assist in reviewing of contracts
• To assist in the filing of securities and forwarding to the Credit Administration Department
• General Filing
Lease Management - Preparation, review and management of the Bank’s leases in collaboration with the Administration and Facilities Department, drafting of Leases and licenses, review of Leases and licenses, ensuring proper execution of the leases and licenses and conducting legal due diligence on lessors and licensors.
KEY RELATIONSHIPS:
Direct Reports to this Position
• N/A
Customers of this Position
• Branches and other departments
• External Advocates
KEY QUALIFICATIONS AND COMPETENCIES:
Knowledge; Skills and Experience required for this Role
Job Knowledge
• Should have an in depth understanding of the court process
• Should have knowledge of commercial and conveyancing practice
• Should have knowledge and be able to conduct out alternative dispute resolution mechanisms
• In depth knowledge of the regulatory legislations affecting financial institutions
Job Experience:
• At least one year experience in a busy commercial and litigation oriented law firm or a financial institution.
• Proven track record of providing accurate and effective legal counsel.
• Demonstrate success in managing and conducting a variety of litigation matters
• Demonstrate success in managing and conducting a variety of commercial transaction matters including
review of contracts
Education Qualification:
• Post graduate Diploma from the Kenya school of Law is an advantage
• Bachelor of Laws from an accredited university recognised in Kenya
• Should possess great Ms - Word and IT skills
Competencies required for this Role
• Excellent communication (Oral and written) and excellent presentation skills.
• Excellent presentation and analytical skills.
• Ability to work with speed, accuracy and attentive to detail
• Team player
• Strong planning and organization
Work Hours: 8
Experience in Months: 12
Level of Education: Bachelor Degree
Job application procedure
Method of Application
Interested and qualified? Go to SBM Bank on www.sbmbank.co.ke to apply
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