Job Description
KEY RESPONSIBILITIES:
- Timely preparation and review of legal documents for credit facilities to ensure accuracy and sufficient protection to the Bank from risk and confirmation of accuracy of billing for professional services and related fees/duties in line with lawyers’ Service Level Agreements.
- Coordinating the proper execution of credit documentation, confirming accuracy of executed legal documents received from the business and submission to external lawyers for perfection.
- Receive, verify and confirm security perfection for purposes of recommending disbursement while managing losses that arise from credit exposure.
- Coordinating effective management, storage, custody of security files, release and swap of securities in line with appropriate processes and support periodic reviews to ensure that the Bank’s interests are adequately protected to mitigate loss and/or litigation exposure.
- Maintain updated registers and trackers to monitor movement of documents, securities perfection, and custody.
- Prepare weekly reports to track progress of securities and documentation processes, documentation breaches and deferrals and track for closure.
- Track and support the monitoring of compliance with legal evolutions that may impact the Bank’s business.
- Provide legal advisory timely to the business teams to manage legal risks while supporting business operations and growth.
MINIMUM POSITION QUALIFICATION REQUIREMENTS
a) Academic & Professional
| Particulars | Detail | Specific Field or Qualification | Need Type |
| Education | Bachelors’ Degree | Law | Required |
| Professional Qualifications | Postgraduate Diploma in Legal Practice. | Required | |
| Professional | Experience | 1-3 years of professional experience in a law firm performing similar assignments or a financial institution. | Required |
| Good understanding of basic banking, credit risk management, drafting and review of securities documentation securities and documentation registration and perfection processes. | Required |
