About this role
KEY RESPONSIBILITIES:
• Review and vet all corporate facilities agreements after an approval from business.
• Review and prepare corporate securities documentation for lending purposes.
• Issue quality and unambiguous instruction to External Lawyers for perfection of securities.
• Sound and command in management of law firms/external lawyers involved in perfection of securities.
• Ensure that SLAs and Charters governing post approval processes are prepared and implemented accordingly.
• Maintenance of securities data through a defined process or system. Also, reliable MIS and development of various reports for sharing with business teams and Credit.
• Prepare and implement securities tracking “live” system which will be submitted on weekly basis confirming the progress and time expected for closure.
• Preparation and review of all lending documentations including but not limited to facilities agreements and securities documents.
• Provide legal opinion and advice to all departments within the Bank.
• Liaison with KCB Group and other subsidiaries on all cross-border facilities and international business.
DAILY RESPONSIBILITIES:
• Prepare facility agreements and offer letter. • Issuance of certificates of compliance/certificates for securities’ position to enable booking. • Reviews of securities and updating various reports, follow-up on any pending covenants after disbursement. • Ensuring compliance with credit approvals and provision of legal opinion on rectification of CQs where necessary before security documents are drafted to attain uniformity. • Follow up with business teams on expired land rents receipts and insurance policies for all securities held by the bank. MINIMUM POSITION QUALIFICATION REQUIREMENTS Academic & Professional Particulars Detail Specific Field or Qualification Need Type
Education Bachelor’s Degree Bachelor of Laws (LL. B) Required
Professional Qualifications Postgraduate Diploma in Legal Practice Required
Master’s Degree Law / Business Added Advantage
Experience Total Minimum No of Years Experience 3
JOB CONTRIBUTION Particulars Type [1]
Primary Job Role SU
Monetary Impact IE
Job Impact NM
Accountability CU
[1] Primary Job Role is EITHER Business = BS OR Support = SU Monetary Impact is EITHER Revenue Generator = RG or Incur /Optimise Expenditure = IE Overall Impact is EITHER Monetary = MO or Non-Monetary = NM Accountability is EITHER Responsible for Unit = RU or Contributor in Unit = CU