Principal Officer, Legal at Development Bank Jobs In Kenya
Job Purpose
This position is responsible for Legal Advisory, Litigation & Conveyancing Management, and ensuring compliance with statutory and regulatory requirements. The position provides high-quality legal advisory to enable effective management of the Bank’s investments and legal risks; advising on matters regarding Banking, Corporate and Commercial law, Investments, and real estate; including the interpretation, impact, and effect of the relevant laws that govern these areas of business.
Key Duties and Responsibilities
- Vet and manage legal issues arising and provide legal opinions on the legal issues, risk, and regulatory compliance.
- Ensuring that best practices and developments in legislation, regulations, and guidelines are complied with and that all activities comply with applicable laws, rules, and regulations
- Correct execution of facility letters, guarantees, contracts, agreements, charges, debentures, chattels mortgages, discharges, and all security documents and legal documents related in the bank’s business.
- Provide legal support in research on developments in law and maintenance of a legal Library for reference.
- Drafting and reviewing Contracts, Agreements on new products, security documents, and other relevant documents issued
- Liaising with the Bank’s legal service providers and ensuring external legal activities and engagements are coordinated effectively.
- Issue of statutory notices for purposes of debt recovery on defaulted facilities.
- Ensure proper and accurate lodgment and release of security documents received, in manual registers within the stipulated time frame and maintenance of proper records
- Perform any other duties that may be assigned from time to time.
Job Requirements and Experience
For appointment to this grade, a candidate must have:
- Minimum of Five ( 5 ) years experience in the Public or Private Sector;
- Bachelor of Laws degree from a recognized institution;
- Masters Degree in any Law or equivalent qualifications from a recognized institution will be an added advantage;
- Postgraduate Diploma in Law from the Kenya School of Law;
- Management courses or programs from recognized institutions;
- Admitted as an advocate of the High Court Kenya;
- Hold a valid practicing certificate;
- Member of the Law Society of Kenya;
- Proficiency in computer applications;
- Show merit and ability as reflected in work performance and results; and
- Fulfill the requirements of Chapter Six of the Constitution.