Job Title: Product Analyst Organisation: NCBA Bank Uganda Limited Duty…
Legal Officer Job Opportunities – DFCU Bank
Job Title: Legal Officer
Organization: DFCU Bank
Duty Station: Kampala,
Uganda
Uganda
Reports to: Legal
Manager-Documentation
Manager-Documentation
About US:
DFCU bank is a fast growing commercial bank offering a variety of
innovative products and services. DFCU Limited was started by the Commonwealth
Development Corporation (CDC) of the United Kingdom and the Government of
Uganda through the Uganda Development Corporation (UDC) under the name of
Development Finance Company of Uganda Limited. Later restructuring brought in
DEG (of Germany) and International Finance Corporation (IFC) as equal partners
with CDC and UDC, each having a 25% stake in the company. Its objective was to
support long-term development projects whose financing needs and risk did not
appeal to the then existing financial commercial lending institutions.
innovative products and services. DFCU Limited was started by the Commonwealth
Development Corporation (CDC) of the United Kingdom and the Government of
Uganda through the Uganda Development Corporation (UDC) under the name of
Development Finance Company of Uganda Limited. Later restructuring brought in
DEG (of Germany) and International Finance Corporation (IFC) as equal partners
with CDC and UDC, each having a 25% stake in the company. Its objective was to
support long-term development projects whose financing needs and risk did not
appeal to the then existing financial commercial lending institutions.
Job Summary: The Legal
Officer is mainly responsible for drafting and reviewing bank services and
other contracts, rendering support in the recovery and litigation areas and is
principally responsible for the general legal office administrative management
including handling of external correspondence. This role also renders general
company secretarial support under the oversight of the Company Secretary.
Officer is mainly responsible for drafting and reviewing bank services and
other contracts, rendering support in the recovery and litigation areas and is
principally responsible for the general legal office administrative management
including handling of external correspondence. This role also renders general
company secretarial support under the oversight of the Company Secretary.
Key Duties and Responsibilities:
Advisory Services:
·
Provide
general legal advisory services to all business functions and the operational
functions of the Bank to ensure legal and regulatory compliance so as to shield
the Bank from all operational and legal risks and losses.
Provide
general legal advisory services to all business functions and the operational
functions of the Bank to ensure legal and regulatory compliance so as to shield
the Bank from all operational and legal risks and losses.
·
Immediately
respond to and answer all routine correspondences and queries raised
relating to the operations of the Bank.
Immediately
respond to and answer all routine correspondences and queries raised
relating to the operations of the Bank.
Third Party Contracts:
·
The
Legal Officer will also initiate the approval of the procurement committee
contract agreements with third parties by drafting and reviewing all contract
proposals, offer letters, letters of intent to ensure that they are in
accordance with the terms and conditions approved by the procurement
committee and that when executed they shall be in an enforceable form.
The
Legal Officer will also initiate the approval of the procurement committee
contract agreements with third parties by drafting and reviewing all contract
proposals, offer letters, letters of intent to ensure that they are in
accordance with the terms and conditions approved by the procurement
committee and that when executed they shall be in an enforceable form.
·
Timely
handling of contract drafting and reviewing and/or any other amendments or
renewals of the respective contracts/agreements, as per the respective internal
approvals.
Timely
handling of contract drafting and reviewing and/or any other amendments or
renewals of the respective contracts/agreements, as per the respective internal
approvals.
·
The
jobholder will follow-up on the execution of contracts until finality and
ensure proper filing of the same.
The
jobholder will follow-up on the execution of contracts until finality and
ensure proper filing of the same.
·
Tasked
with the maintenance and continuous update of the legal Contracts Tracker.
Tasked
with the maintenance and continuous update of the legal Contracts Tracker.
·
Assist
the Credit Operations Unit with any specialized documentation for credit facilities
including securitization and security documentation so that the facilities
disbursed by the Bank to such customers remain good on the credit book and that
in the event of recovery, no exposure may arise out of inappropriate
documentation.
Assist
the Credit Operations Unit with any specialized documentation for credit facilities
including securitization and security documentation so that the facilities
disbursed by the Bank to such customers remain good on the credit book and that
in the event of recovery, no exposure may arise out of inappropriate
documentation.
·
Support
the Legal Manager, Documentation as and when requested with all pending,
documentation and/or contracts when requested and in her absence.
Support
the Legal Manager, Documentation as and when requested with all pending,
documentation and/or contracts when requested and in her absence.
Recovery and Litigation:
·
Receive
accounts from the Special Assets Management Unit of NPAs and review the files
for completeness and compliance with the recovery policy and process
flow to avoid legal or any other regulatory or administrative challenges to
these recovery processes;
Receive
accounts from the Special Assets Management Unit of NPAs and review the files
for completeness and compliance with the recovery policy and process
flow to avoid legal or any other regulatory or administrative challenges to
these recovery processes;
·
Ascertain
the security status for secured transactions by liaising with the Registry Teams
and proceeding to initiating the final recovery proceedings by issuing the
legal notices of demand or reinstatement of the same in compliance with the law
and bank policy;
Ascertain
the security status for secured transactions by liaising with the Registry Teams
and proceeding to initiating the final recovery proceedings by issuing the
legal notices of demand or reinstatement of the same in compliance with the law
and bank policy;
·
The
jobholder will draft letters appointing external debt collectors to recover and
advertise the special assets for sale and ensure that all sales
conducted in pursuit of the recovery process are done in accordance with the
Bank policy and all applicable legislations.
The
jobholder will draft letters appointing external debt collectors to recover and
advertise the special assets for sale and ensure that all sales
conducted in pursuit of the recovery process are done in accordance with the
Bank policy and all applicable legislations.
·
Receiving
all summons and new pleadings filed against dfcu and opening up new files
with the central registry in the absence of the legal officer and Legal Manager
– Litigation.
Receiving
all summons and new pleadings filed against dfcu and opening up new files
with the central registry in the absence of the legal officer and Legal Manager
– Litigation.
Regulatory/Statutory & Corporate Governance Compliance:
·
Ensure
timely and proper filing of Board minutes and other Board related information.
Ensure
timely and proper filing of Board minutes and other Board related information.
·
Ensure
provision of timely information in respect to regulatory/statutory
compliance
Ensure
provision of timely information in respect to regulatory/statutory
compliance
·
Ensure
timely registration of Board Resolutions; Timely provision of Board materials
as and when requested by Management/External Auditors/Bank of Uganda.
Ensure
timely registration of Board Resolutions; Timely provision of Board materials
as and when requested by Management/External Auditors/Bank of Uganda.
General Legal office Management
·
Organize department meetings;
Organize department meetings;
·
Ensure
that the instructions in the correspondence register have been received by the
respective action party;
Ensure
that the instructions in the correspondence register have been received by the
respective action party;
·
Ensure
timely and proper filing and tracking of department correspondences and other
related documents
Ensure
timely and proper filing and tracking of department correspondences and other
related documents
Qualifications, Skills and
Experience:
Experience:
·
The applicant for the DFCU Bank Legal Officer
job placement must hold a University Law Degree.
The applicant for the DFCU Bank Legal Officer
job placement must hold a University Law Degree.
·
Possession
of a postgraduate Diploma in Legal Practice.
Possession
of a postgraduate Diploma in Legal Practice.
·
Enrolled
Advocate of the High Court & all Courts subordinate thereto.
Enrolled
Advocate of the High Court & all Courts subordinate thereto.
·
Broad
knowledge in Finance/Banking is an added advantage.
Broad
knowledge in Finance/Banking is an added advantage.
·
Good
grasp and in-depth knowledge of the principles and laws governing
Banking & Corporate Law, Leasing/asset finance, Laws governing Land &
Mortgages among others.
Good
grasp and in-depth knowledge of the principles and laws governing
Banking & Corporate Law, Leasing/asset finance, Laws governing Land &
Mortgages among others.
·
Good
grasp of the Civil Procedure Act and Rules to ably guide external Lawyers on
how to best represent the Bank.
Good
grasp of the Civil Procedure Act and Rules to ably guide external Lawyers on
how to best represent the Bank.
·
Knowledge
of the law and best practice on repossession, realization security and
receiverships.
Knowledge
of the law and best practice on repossession, realization security and
receiverships.
·
Exposure
of working in a busy private law firm handling Litigation and recoveries
matters.
Exposure
of working in a busy private law firm handling Litigation and recoveries
matters.
·
Exposure
to bank Operations under COU.
Exposure
to bank Operations under COU.
·
Good
computer literacy in Word, excel and other applications incidental thereto.
Good
computer literacy in Word, excel and other applications incidental thereto.
·
Self-motivated,
result orientation with ability to make appropriate decisions when called for.
Self-motivated,
result orientation with ability to make appropriate decisions when called for.
·
Ability
to work long hours with minimum or no supervision.
Ability
to work long hours with minimum or no supervision.
How to Apply:
All candidates who so wish to join the banking sector in the
aforementioned capacity are encouraged to send their applications with detailed
CVs including present position and copies of relevant professional/academic
certificates to: Vacanciesbank@dfcugroup.com
aforementioned capacity are encouraged to send their applications with detailed
CVs including present position and copies of relevant professional/academic
certificates to: Vacanciesbank@dfcugroup.com
Deadline: 22nd November
2017
2017
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