Vacancy title:
Senior Legal Counsel – Corporate Banking
Jobs at:
NCBA GroupDeadline of this Job:
15 May 2022
Summary
Date Posted: Tuesday, May 10, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Senior Legal Counsel – Corporate Banking
Job Purpose Statement
The Senior Legal Counsel is responsible for managing full spectrum of the Bank’s Corporate Banking business from lending both in country and syndicated cross border lending, securities, contracting and corporate projects, litigation, recoveries to corporate restructures. The role’s principal goal will be to offer practical legal support to the corporate banking business units through balanced business-oriented legal advice that will guarantee that all our Corporate Banking transactions and decisions comply with established laws and regulations in line with the legal risk policy and related contractual, litigation and securities procedures & processes.
Key Accountabilities (Duties and Responsibilities)
Contract and Customer Documentation
• Manage day to day operations of the corporate legal contract and customer documentation.
• Ensure that all corporate contracts and customer documentation are accurate in compliance with the legal policy and other internal policies, statutory regulations
• Manage the corporate contracting and customer documentation space, personnel and oversee, facilitate, draft and negotiate contracts and customer documentation in support of the corporate banking business needs;
• Ensure attendance, engagement and participation in contract and customer documentation negotiations on engagements/transactions that the corporate banking
• business are getting involved in;
• Supervise and ensure that all contractual and customer documentation is practical;
• Ensure legal corporate banking staff are properly trained and educated on all existing/new regulations, policies and procedures, product information,
• Closure on audit issues raised with respect to corporate contracts & customer documentation
• Manage the legal securities docket for corporate lending in line with the security perfection and review procedure
• Manage the legal advice provided for drafting of corporate securities and allocation for security perfection reports;
• Manage the preparation of relevant opinions on security perfection for corporate banking and discuss any opinions with the corporate team;
• Manage the security review process of previously registered securities.
• Closure on audit issues raised with respect to corporate securities (Perfection and Review)
Support and Corporate Legal Queries
• Ensuring compliance with the policies relating to procedures related to litigation and legal queries management for corporate banking.
• Supervise the litigation and queries and ensure reduction of legal exposure
• Ensuring successful negotiation of matters out of court
• Keeping abreast with and proactively acting on market developments that may adversely affect the banks success to recover loans;
• Ensuring that all reports are provided in time within allowable time frames
• Attending MCC sub-committees and other management meetings on recoveries upon request.
• Closure on audit issues raised with respect to corporate recoveries, litigation and queries
• Customer Experience
• Compliance of the SLAs between the department and internal and external customers.
• Ensuring that legal costs are minimised.
Ideal Job Specifications
Academic:
• Bachelor’s Degree Law (LLB)
• Master of Laws (LLM) (Desired but not mandatory)
Professional:
• Admission as an advocate of the High Court of Kenya (minimum 7 years post admission
• A Masters degree in combination with an aggregate of seven (7) years of qualifying workexperience may be accepted)
Desired work experience:
• A minimum of 7 years’ experience legal department of a busy organization, financial institution or law firm, with sound exposure to:
• Contract and customer documentation drafting
• Development of sound legal advisory and sound general advise
• Credit or lending
• Corporate recoveries
• Perfection of securities
Work Hours: 8
Experience in Months: 84
Level of Education: Bachelor Degree
Job application procedure
Use the link(s) below to apply on company website.
• Senior Legal Counsel – Corporate Banking
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