Entry Level Legal and Compliance Officer Job Opportunities – Platinum Credit (U) Ltd

Organisation: Platinum
Credit (U) Ltd
Duty Station: Kampala,
About Us:
Platinum Credit (U) Ltd is a subsidiary of Platcorp Holdings Ltd which
operates as a holding company and through its subsidiaries provides emergency
loans to individuals in the East African region. They are a leading Regional
Micro Finance Company providing emergency loans to employed individuals in
Eastern Africa with a branch network in Uganda, Kenya and Tanzania. Platinum
Credit (U) Ltd has introduced a new product available to formally employed
persons working in the Private Sector.
Job Summary: The Legal and
Compliance Officer will be guiding management on regulatory legal issues and
overseeing the management of regulatory legal risks.
Key Duties and
  • Provide legal advice to management and
    staff on issues relating to the operations, procedures and policies
    governing the general business of the organization.
  • Work closely with external law firms,
    ensure registration of PLATINUM CREDIT UGANDA LIMITED’s interest namely caveats
    mortgages, further charges and debentures on documents on title pledged by
    clients by managing the registration of the company documentation and
    interests in the pledged securities with different government registries.
  • Work in liaison with external law firms,
    ensure due diligence is conducted on individual borrowers, companies,
    organizations, associations, partnerships and loan securities pledged by
  • Draft and review all legal documents and
    other collateral securities relating to PLATINUM CREDIT’s business.
  • Routinely appear in courts of law with
    external lawyers and any other fora and design appropriate litigation
    strategy to monitor progress of litigation matters.
  • Providing legal advisory and
    interpretation services to management and staff to ensure compliance with
    the law.
  • The jobholder will be perusing and
    drafting contracts between PLATINUM CREDIT and its clients and other third
    parties where and when necessary.
  • Providing advice on litigation matters and
    monitor assignments with external lawyers.
  • Perusing, drafting, renewing, reviewing
    and editing of loan documents and loan files where and when necessary.
  • Tasked with managing all security
    documents pledged by borrowers by ensuring the same is stored in a safe
  • Preparing release letters for securities
    after completion of the loans.
  • Providing general legal advice on legal
    recovery processes and drafting the necessary notices for example demand
    notices, default notices, recall notices, etc.
  • Research, develop, implement, maintain and
    monitor the compliance activities of the organization.
  • Ensure that each department of the
    organization follows all applicable laws and regulations.
  • Responsible for compliance audits and
    examinations, the dissemination and analysis of new or revised laws and
    regulations, research on compliance issues, compliance training, and their
    organization’s overall compliance policies and procedures.
  • The incumbent designs internal policies
    and procedures to ensure compliance with the law both internal and
  • Constant communication with senior
    management where necessary to ensure the company is informed on regulatory
    issues and updates.

  • Advise, oversee and train staff on
    compliance procedures.
  • Issue investigations related to possible
    non-compliance or ensure compliance is taking place.
  • Providing advocacy to PLATINUM CREDIT on
    legislative and regulatory matters.
  • Providing counsel and legal support to
    Management on engagements with regulators and coordinating communication
    to key stakeholders on legal and regulatory issues.
  • Tasked with managing litigation relating
    to regulatory issues, overseeing and supporting the work of external legal
    firms in that regard and advising Management on litigation strategies.
  • Guiding management and providing support
    to staff of PLATINUM CREDIT on implementation of regulatory requirements
    and obligations arising from laws, regulations and licensing agreements.
  • Tasked with monitoring legal, legislative
    and regulatory developments that may affect PLATINUM CREDIT and advising
    Management and the Board as deemed appropriate.
  • Work closely with other departmental
    heads, overseeing regulatory and license compliance within PLATINUM CREDIT
    including overseeing licensing and certificate applications.
  • Providing legal support on legal related
    matters and drafting relevant documentation and communication to the
    Regulatory Authority, with respect to any matters within its mandate.
  • Offering legal support to all departments
    in ensuring implementation of laws and directives and adherence to legal,
    regulatory and license obligations.
  • Performing any other duties as may be
    assigned by management from time to time.
Qualifications, Skills and
  • The ideal candidate for the Legal and
    Compliance Officer job placement must hold an Hons LLB degree from
    accredited university.
  • Possession of a Diploma in legal practice
    from LDC will be an added advantage.
  • One year of experience in a similar
    position preferably in a financial institution.
  • Computer literacy skills
  • Excellent numerical and analytical skills.
  • Excellent interpersonal and communication
How to Apply:
All suitably qualified and interested candidates should send their
applications, detailed CVs (in Ms Word format) and testimonials (in PDF format)
to the address below; (total email size should not exceed 2MB)
The Ag. HR Manager,
Platinum Credit (U) Ltd
Send your application to: info@platinumcredit.co.ug
Deadline: 8th
September 2017
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