Published
Last 1 week
Last 30 days
Latest 24 hours
Seniority
Published
Profession
Industry
Seniority
Entry and Basic-level Jobs in Nairobi, Kenya
1
jobs
SBM Bank
Senior Officer, Conveyancing & Contracts
Nairobi, Kenya
American International Group, Inc. (AIG)
CLOSEDCredit Control Accountant - Agency Channel
Nairobi, Kenya
Get personalised job alerts directly to your inbox!
Canonical
CLOSEDGraduate ESG Compliance Counsel Or ESG Compliance Officer - Tech Sector
Nairobi, Kenya
Closing: May 27, 2024
13 days remainingPublished: May 13, 2024 (2 days ago)
Job Requirements
Education:
Work experience:
Language skills:
Job Summary
Contract Type:
Sign up to view job details.
The overall responsibility of this role is to ensure that the securitization process is well carried out to avoid exposing the Bank to any risk. It also entails carrying out review/drafting of contracts that the Bank enters into with third parties.
KEY RELATIONSHIPS:
Customers of this Position
- All Departments in the Bank.
KEY QUALIFICATIONS AND COMPETENCIES:
Knowledge: Skills and Experience required for this Role
Job Knowledge
- Should have an in depth understanding of the court process.
- Should have knowledge of commercial and conveyancing practice.
- Should have knowledge and be able to conduct out alternative dispute resolution mechanisms.
- In depth knowledge of the regulatory legislations affecting financial institutions
Job Experience:
- At least one year experience in a busy commercial and litigation-oriented law firm or a financial institution.
- Proven track record of providing accurate and effective legal counsel.
- Demonstrate success in managing and conducting a variety of litigation matters.
- Demonstrate success in managing and conducting a variety of commercial transaction matters including review of contracts.
Education Qualification:
- Post graduate Diploma from the Kenya school of Law is an advantage.
- Bachelor of Laws from an accredited university recognized in Kenya.
Competencies Required for this Role
- Attention to detail and ability to prioritize tasks.
- Commercial awareness and conveyancing expertise.
- Good interpersonal skills with ability to work effectively in a team.
- Excellent analytical, problem identification and problem solving skills.
- Excellent communication skills, both oral and written.
Responsibilities
The overall responsibility of this role is to ensure that the securitization process is well carried out to avoid exposing the Bank to any risk. It also entails carrying out review/drafting of contracts that the Bank enters into with third parties.
KEY RELATIONSHIPS:
Customers of this Position
- All Departments in the Bank.
KEY QUALIFICATIONS AND COMPETENCIES:
Knowledge: Skills and Experience required for this Role
Job Knowledge
- Should have an in depth understanding of the court process.
- Should have knowledge of commercial and conveyancing practice.
- Should have knowledge and be able to conduct out alternative dispute resolution mechanisms.
- In depth knowledge of the regulatory legislations affecting financial institutions
Job Experience:
- At least one year experience in a busy commercial and litigation-oriented law firm or a financial institution.
- Proven track record of providing accurate and effective legal counsel.
- Demonstrate success in managing and conducting a variety of litigation matters.
- Demonstrate success in managing and conducting a variety of commercial transaction matters including review of contracts.
Education Qualification:
- Post graduate Diploma from the Kenya school of Law is an advantage.
- Bachelor of Laws from an accredited university recognized in Kenya.
Competencies Required for this Role
- Attention to detail and ability to prioritize tasks.
- Commercial awareness and conveyancing expertise.
- Good interpersonal skills with ability to work effectively in a team.
- Excellent analytical, problem identification and problem solving skills.
- Excellent communication skills, both oral and written.
Strategy - 20%
- Protecting the Bank’s contractual interests against third parties by ensuring proper review of contracts that the Bank enters into.
- Being proactive in ensuring all securities are well drafted and perfected while ensuring that TAT guidelines are adhered to.
Operations - 40%
In liaison with the Manager, Conveyancing & Contracts:
- Provide information to the Credit team on legal issues pertaining to documentation of securities and conveyancing activities.
- Offer day to day legal advice to Business and Credit functions.
- Receive and carry out instructions from Credit team in relation to perfection of securities.
- Engage external lawyers on the securitization process ensuring security documents have been perfected within agreed TAT.
- Keep track of all matters being handled by external lawyers in relation to perfection of securities.
- Correspondence with clients and other parties on matters relating to security perfection.
- Drafting and review of property transfer documents where the Bank realizes a security.
- Advise and liaise with debt recovery team in security realization process.
- Vet undertakings received in relation to takeover of facilities secured by movable property.
- Draft terms of undertaking acceptable by the bank ensuring the bank’s interest are protected.
- Draft undertakings to be executed by the bank ensuring the bank’s interests are protected.
- Vet and review security documents for completeness prior to draw-down of facilities.
- Monitoring changes in laws to ensure the bank is up to date and complies with those changes.
- Review of contracts that the Bank enters into with other parties and advise on necessary amendments before contracts are executed.
- Maintain proper records and filing of letters and documents touching on the securities and contracts.
- Draft emails and letters as demanded by the nature of the job.
- Carry out all other instructions issued by the Manager-Conveyancing and Contracts
People Management - 10%
- Maintain good teamwork and respect for all staff within and without the Department.
- Provide appropriate on-the-job training to staff reporting to me.
- Ensure timely and appropriate performance review by line manager.
- Ensure to attend and complete assigned online trainings.
Compliance - 20%
- Laws and regulations governing the industry.
- Legal Policy Manuals.
- Banks Anti-Money Laundering Policies and Procedures.
- Other internal and external regulatory requirements.
- Ensure compliance to SLAs.
Applications submitted via Fuzu have 32% higher chance of getting shortlisted.