Legal Officer at CRDB Bank
Job Role Insights
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Date posted
2024-09-14
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Closing date
2024-09-14
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Hiring location
Dar es Salaam
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Offered salary
Negotiable Price
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Career level
Middle
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Qualification
Bachelor Degree
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Experience
3 - 5 Years
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Quantity
1 person
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Gender
both
Job Description
Managing, drafting, reviewing, and negotiating contracts and agreements on behalf of the Bank, Ensure that all contracts comply with relevant laws and regulations, while also safeguarding the Bank's interests. Work closely with various departments, including procurement, sales, and management, to provide legal advice and support regarding contractual matters.
Principle Responsibilities
- Draft, review, and revise a wide variety of contracts, including but not limited to services and supply agreements, vendor contracts, partnership agreements, memoranda of understanding, non-disclosure agreements (NDAs) and other banking business contracts.
- Identify potential risks in contracts and provide strategic solutions to mitigate the identified risks.
- See to it that contracts are legally sound, clear and compliant to the company policies and relevant laws.
- Ensure proper record keeping and archiving of the executed contracts while maintaining a database of contracts to ensure the stored contracts are properly kept.
- Participate in contract negotiations with counterparts to secure favourable terms and conditions while providing legal advice and recommendations during the negotiation process.
- Work with internal stakeholders to understand their needs and objectives during contract negotiations.
- Stay abreast on legal developments impacting the Bank’s contractual obligations.
- Provide legal advice to senior management and other departments regarding contract law and other related matters.
- Assist in the development and review of standard contract templates and other legal documents relevant to the business of the Bank.
- Assist in the resolution of disputes arising from contracts and related legal documents including attending arbitrations and litigation if required.
- Preparation of legal opinions, as well as perform extensive legal research and analysis on highly complex or novel legal issues/questions and prepare legal opinions, studies, briefs, reports, and correspondences.
- Advise on and supervise the review, negotiation and drafting of legal documents; develop new legal modalities to meet unique needs/circumstances.
- Supervise and participate in preparing legal publications of the Unit.
- Provide advice on legal issues concerning a range of institutional and procedural matters.
- Reviewing and preparing, as necessary, contracts and documentation used by the Bank in the business and sustainable financing.
- Reviewing internal documents and policies to ensure they are drafted in accordance with applicable legislation responsible for identifying legal risks associated with the operations of the Bank and proposing mechanisms for mitigating such risks.
- Assisting in the preparation and drafting of various reports as directed by senior management.
- Assist in drafting legal demand letters to defaulting clients.
- Participate in the training of staff in all legal issues arising out of the Bank’s business and operations. These may include assisting them to identify genuine securities, legal implications of illegal recoveries, fraud etc.
- Perform all other duties assigned to him/her Line Manager and coordinate weekly and monthly reporting.
Qualifications Required
- Bachelor’s degree in law (LL. B) from a recognised University.
- Possession of a master’s degree will be an added advantage.
- Admission as Advocate of the High Court.
- Minimum of three (3) years working experience in relevant industry
- Strong background in contract drafting, review and negotiations.
- Excellent knowledge of all types of legal matters related to the operations of the Bank
- Excellent verbal and communication abilities in both English and kiswahili.
- Ability to adapt and work co-operatively and effectively.
- Creative and analytical thinking to problem solving.
- Strong relationship building and diplomatic interpersonal skills with sensitivity to the emotional, attitudinal and political aspects of the corporate life.
- Excellent negotiation and communication skills.
- Excellent decision-making abilities
CRDB Bank is dedicated to upholding Sustainability and ESG practices and encourage applicants who share this commitment. The Bank also promotes an inclusive workplace, hence applications from women and individuals with disabilities are encouraged.
It is important to note that CRDB Bank does not charge any fees for the application or recruitment process, and any requests for payment should be disregarded as they do not represent the bank’s practices.
Only Shortlisted Candidates will be Contacted.
Skills
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