Manpower Services – Our clients are leading banks with Regional East African operations. They are in need of competent and qualified proffesionals to fill the the below positions:
Job Ref: Mn 7518
Job Purpose
Reporting to the Manager, Securities & Documentation the job’s purpose is to provide legal support on loan documentation, manage the documentation process, and ensure compliance on collateral conditions prior to disbursement of facilities.
Key Roles & Responsibilities for the Assistant Manager Job
- Provide a central point of reference, support and advice on all legal documentation issues.
- Review all security documents for completeness, clarity and ensure that all legal risks are adequately covered
- Ensure that all syndicated & cross border facility agreements and securities are properly drafted, negotiated and documented
- Ensure proper and structured support for the Bank’s subsidiaries in documentation of cross border transactions
- Manage loan documentation activities, end-to-end
- Review, draft, revise and negotiate agreements relating to approved and proposed transactions
- Manage issuance and processing of facility letters upon receipt of duly approved credit papers observing agreed timelines and high standards of accuracy
- Advise relevant units on shortcomings noted upon receipt of credit approval and/or duly accepted facility letter Prepare instructions and follow up Banks external lawyers in the preparation of security documents.
- Liaise with external lawyers and other service providers on security documentation process and ensure that security documents and other conditions have been perfected/ completed prior to draw-down of facilities Issue Disbursement go-ahead for purposes of disbursement of loan facilities.
- Proactively identify, monitor and mitigate all potential legal documentation risks in the corporate and mortgage business as appropriate.
- Effectively manage the process of engaging external lawyers, including putting in place an effective consequence management system and adoption and implementation of best practices
- Remain current on regulatory and legal developments impacting the Bank’s business
Assistant Manager Job Qualifications
- Seasoned lawyer with overall 4-6 years of experience, with at least 3 years of experience in a role with a financial institution or top tier legal firm supporting financial institutions
- Excellent level of legal documentation experience in private practice and/or as in-house corporate legal counsel
- Demonstrable ability to draft and negotiate complex commercial agreements
- Experience managing the work of other lawyers Law degree from a reputable learning institution
- Advocate of the High Court of Kenya with a current practicing license
- Expertise and experience in servicing financial industry clients in a top tier law firm or within the scope of a legal/credit department of a large financial institution
- Experience with a wide array of commercial legal matters
- High degree of commercial acumen and flexibility when approaching challenges Self-starter with a desire to succeed and contribute to the business
- Strong interpersonal, negotiating and communications skills
- Capable of working under the demands of multiple priorities
- Able to prioritize work and deliver high quality output to tight deadlines
- Resourceful, creative, and dependable
- Able to follow-through on assigned tasks and deliver promised results
- Strong leadership and managerial skills.
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