Reporting to the Manager- Credit Control, the Senior Officer – Credit Control will be responsible for preparing all contracts relating to borrowing customers in a language that can easily be understood by either party and in case of default, such contracts must be enforceable in the courts of law, set out all terms and conditions under which the bank is willing to make available to the customer the approved credit facility. Providing advisory services to the business units.
Requirements
- Law Degree from a reputable learning institution.
- Diploma in Legal Practice from Law Development Centre (LDC) or its equivalent.
- Two years experience in drafting credit agreements in a reputable institution/legal firm.
- In-depth knowledge of the principles governing Banking & Corporate Law, Land Law, Mortgages and Leasing, among others.
- Ability to handle multiple tasks and set priorities.
- Excellent understanding of operations of all Bank products.
- Highly numerate.
- Basic credit skills.
- Attention to detail.
- Independence and good judgement of task.
- Deliver quality output within tight deadlines.
- Excellent organizational skills.
How to Apply:
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), to the email address indicated below.
[email protected]
- Preparation of contracts to borrowing customers in line with the Bank’s Approved Standard Format.
- Review such contracts and ensure that they are water-tight and enforceable in courts of law in case of default.
- Proofread and advise on standardized documents done by Legal and External Lawyers, for accuracy and completeness.
- Offer advisory services to business units on all legal-related issues on the different credit files as presented for the preparation of credit agreements.
- Conduct regular security reviews, reconciling the physical security positions as reported by the Documentation team and tracking delays, renewals, and releases.
- Conduct periodical sensitivity and confirmation checks of the validity of securities for deteriorating credit facilities.