Legal Officer
Banking Industry
Responsibilities
- Managing,
drafting, reviewing, and negotiating contracts and agreements on behalf of the
Bank, Ensure that all contracts comply with relevant laws and regulations,
while also safeguarding the Bank's interests. Work closely with various
departments, including procurement, sales, and management, to provide legal
advice and support regarding contractual matters. - Principle
Responsibilities - Draft,
review, and revise a wide variety of contracts, including but not limited to
services and supply agreements, vendor contracts, partnership agreements,
memoranda of understanding, non-disclosure agreements (NDAs) and other banking
business contracts. - Identify
potential risks in contracts and provide strategic solutions to mitigate the
identified risks. - See to
it that contracts are legally sound, clear and compliant to the company
policies and relevant laws. - Ensure
proper record keeping and archiving of the executed contracts while maintaining
a database of contracts to ensure the stored contracts are properly kept. - Participate
in contract negotiations with counterparts to secure favourable terms and
conditions while providing legal advice and recommendations during the
negotiation process. - Work
with internal stakeholders to understand their needs and objectives during contract
negotiations. - Stay
abreast on legal developments impacting the Bank’s contractual obligations. - Provide
legal advice to senior management and other departments regarding contract law
and other related matters. - Assist
in the development and review of standard contract templates and other legal
documents relevant to the business of the Bank. - Assist
in the resolution of disputes arising from contracts and related legal
documents including attending arbitrations and litigation if required. - Preparation
of legal opinions, as well as perform extensive legal research and analysis on
highly complex or novel legal issues/questions and prepare legal opinions,
studies, briefs, reports, and correspondences. - Advise
on and supervise the review, negotiation and drafting of legal documents;
develop new legal modalities to meet unique needs/circumstances. - Supervise
and participate in preparing legal publications of the Unit. - Provide
advice on legal issues concerning a range of institutional and procedural
matters. - Reviewing
and preparing, as necessary, contracts and documentation used by the Bank in
the business and sustainable financing. - Reviewing
internal documents and policies to ensure they are drafted in accordance with
applicable legislation responsible for identifying legal risks associated with
the operations of the Bank and proposing mechanisms for mitigating such risks. - Assisting
in the preparation and drafting of various reports as directed by senior
management. - Assist
in drafting legal demand letters to defaulting clients. - Participate
in the training of staff in all legal issues arising out of the Bank’s business
and operations. - These may include assisting them to identify genuine
securities, legal implications of illegal recoveries, fraud etc.
- Perform
all other duties assigned to him/her Line Manager and coordinate weekly and
monthly reporting.
Qualifications
- Bachelor’s
degree in law (LL. B) from a recognised University. - Possession
of a master’s degree will be an added advantage. - Admission
as Advocate of the High Court. - Minimum
of three (3) years working experience in relevant industry - Strong
background in contract drafting, review and negotiations. - Excellent
knowledge of all types of legal matters related to the operations of the Bank - Excellent
verbal and communication abilities in both English and kiswahili. - Ability
to adapt and work co-operatively and effectively. - Creative
and analytical thinking to problem solving. - Strong
relationship building and diplomatic interpersonal skills with sensitivity to
the emotional, attitudinal and political aspects of the corporate life. - Excellent
negotiation and communication skills.
- Excellent
decision-making abilities
Additional Information
- Send your CV and cover letter (titled the position you are applying for) to: https://careers.crdbbank.co.tz/career
- Deadline: Sunday, 19th September 2024
Job Details
Banking
Legal Officer
N/A
N/A
Legal Officer
1
1 Year
Monthly
No
Company Overview
CRDB Bank Plc
Dar es Salaam ,
Dar es Salaam,
Tanzania
1 Open Jobs
CRDB Bank Plc is one of the leading banks in Tanzania, established in 1996. It offers a wide range of banking services, including personal and corporate banking, loans, investment services, and mobile banking. The bank is known for its strong focus on customer service, innovation, and financial inclusion.
CRDB Bank has a significant presence in Tanzania, with branches and ATMs across the country. It also serves customers in neighboring countries through its regional operations. The bank is committed to supporting economic development and providing tailored financial solutions to meet the needs of its diverse clientele.