Legal Documentation Manager
Job Ref: CS 01/2012
The Position
Reporting to the Senior Manager, Securities & Documentation the job’s purpose is to provide legal support on loan documentation, manage the documentation process, and ensure compliance on collateral conditions prior to disbursement of facilities.
Key Roles & Responsibilities
- Provide a central point of reference, support and advice on all corporate and mortgage legal documentation issues.
- Review all security documents for completeness, clarity and ensure that all legal risks are adequately covered
- Ensure that all syndicated & cross border facility agreements and securities are properly drafted, negotiated and documented
- Ensure proper and structured support for the Bank’s subsidiaries in documentation of cross border transactions
- Manage loan documentation activities, end-to-end
- Review, draft, revise and negotiate agreements relating to approved and proposed transactions
- Manage issuance and processing of facility letters upon receipt of duly approved credit papers observing agreed timelines and high standards of accuracy
- Advise relevant units on shortcomings noted upon receipt of credit approval and/or duly accepted facility letter
- Prepare instructions and follow up Banks external lawyers in the preparation of security documents.
- Liaise with external lawyers and other service providers on security documentation process and ensure that security documents and other conditions have been perfected/ completed prior to drawdown of facilities
- Issue Compliance Certificate for purposes of disbursement of loan facilities
- Proactively identify, monitor and mitigate all potential legal documentation risks in the corporate and mortgage business as appropriate.
- Effectively manage the process of engaging external lawyers, including putting in place an effective consequence management system and adoption and implementation of best practices
- Remain current on regulatory and legal developments impacting the Bank’s business
Experience/Knowledge:
- Seasoned lawyer with overall 5-7 years of experience, with at least 3 years of experience in a role with a financial institution or top tier legal firm supporting financial institutions
- Excellent level of legal documentation experience in private practice and/or as in-house corporate legal counsel
- Demonstrable ability to draft and negotiate complex commercial agreements
- Experience managing the work of other lawyers
- Law degree from a reputable learning institution
- Advocate of the High Court of Kenya with a current practicing license
- Masters degree in law or business will be an added advantage
- Must have a minimum of 2 years practical experience in documentation of syndicated, project finance and cross border transactions
- Expertise and experience in servicing financial industry clients in a top tier law firm or within the scope of a legal/credit department of a large financial institution
- Experience with a wide array of commercial legal matters
- High degree of commercial acumen and flexibility when approaching challenges
- Self-starter with a desire to succeed and contribute to the business
- Strong interpersonal, negotiating and communications skills
- Capable of working under the demands of multiple priorities
- Able to prioritize work and deliver high quality output to tight deadlines
- Resourceful, creative, and dependable
- Able to follow-through on assigned tasks and deliver promised results
- Strong leadership and managerial skills
The above position is demanding for which the bank will provide a competitive package for the successful candidates.
If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke.
To be considered your application must be received by 31st May 2012.
Only short listed candidates will be contacted.