The new NCBA has harnessed the power of both NIC and CBA to create a bank that brings together the best of both worlds from cutting edge mobile banking to good old-fashioned relationship management; from scalable business banking to financial services that grow as your business does; from best-in-class choice of products to investment solutions tailored to your specific needs.
Job Purpose Statement
A Legal Officer is tasked with the following duties/ responsibilities:
- Providing concise legal support, advice and opinion(s) relating to the conduct of the business and support units of the Bank based on sound legal principles;
- Reviewing, drafting and providing legal advice on the adequacy of the legal documents for the Bank in relation to third party contracts;
- Providing instructions for various litigation matters affecting the Group and ensure the best strategy is employed by external service providers in handling the litigation;
- Protecting the overall Bank’s interests vis a vis the emerging and prevailing laws and regulations of Kenya and minimising legal risk to the Bank.
Key Accountabilities (Duties and Responsibilities)
Financial
- Ensure all debt recovery through legal processes is handled in the best interest of the bank and its customers and that the recovery process is well effected and supported;
- Review and vet all legal costs and settling the same in a timely manner
- Ensuring service providers serve the bank in the most cost effective manner
- Suggest innovative ways of reducing costs within the department
Internal business processes
Contracting and Review of Legal documents for business and support units
- Attend, engage and participate in contract negotiations on engagements/transactions that the business and support units are getting involved in.
- Ensure up to standard review and drafting and if in order recommend for signing all contracts and other legal documents on behalf of the Bank in a timely manner.
- Provide concise and practical legal solutions to all business and support units of the Bank engaging in any Legal Officer Advisory, legal awareness and training
- Assist in ensuring the Bank’s conformity to both internal and external legal and regulatory framework.
- Provide well-researched and concise legal opinion(s) that is useful and guides the business and support units to achieve desired goals within 48 hours of receipt of request.
- Offer trainings to business and support units on all arising laws and regulations affecting their business.
Litigation Management and Recoveries Support
- Assist the Senior Legal Counsel in managing external lawyers and agents as may be allocated from time to time to ensure Group non-debt and debt recovery cases in Court are well attended to.
- Issue prompt and clear instructions to advocates on non-debt and debt recovery cases litigation matters, providing advocates with relevant documents in support of the Bank’s cases.
- Ensure attendance of witnesses and Lawyers in all cases when required and participate in forming the best strategy for handling each case.
- Mitigate on legal costs, speedy conclusion of non-debt and debt recovery court cases and prompt monitoring of court cases.
- Ensure efficient and effective communication channels between the department, the bank and external legal service providers
- Monthly review of all non-debt and debt recovery cases and ensure summary sheet is updated accordingly.
- Provide an update and detailed report on all non-debt and debt recovery cases legal litigation matters on a regular basis in accordance with the Debt Recovery Process Flow and the Litigation Process Flow;
Internal Legal Administration
- Handle all internal legal administrative tasks as may be allocated from time to time.
- Maintain the Department’s Court Attendance Diary and effect timely and concise communication to the rest of the team and to the appointed witnesses. Ensure every matter has a witness and all documents required are procured
- Negotiation and Settlement of fee notes
- Update and Maintain a Register of Contracts for the whole Bank
- Ensure custody of all of the Bank’s Contracts in an easy to retrieve manner and in keeping with the Contracts Register
Ideal Job Specifications
Academic:
A Bachelor’s Degree Law (LLB)
Post Graduate Diploma in Law
Professional:
Advocate of the High Court of Kenya of at least 2 years post-admission
Desired work experience:
At least 4 years’ experience in a legal department of a busy organization, banking operations, with sound exposure to credit or lending and debt recovery.
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