Antal International is a global executive recruitment organisation with over 130 offices in more than 30 countries. www.antal.com We have offices in United Kingdom, Austria, Bulgaria, China, Croatia, Cyprus, Czech Republic, Egypt, France, Germany, Ghana, Greece, Hong Kong, Hungary, India, Ireland, Italy, Ivory Coast, Kazakhstan, Kuwait, Luxembourg, Malta,...
Read more about this company
The job holder shall serve as the Head of the Legal Department and Company Secretary in the Bank and shall be responsible for the provision of quality legal and corporate counselling and direction on all legal matters pertaining to the Bank as well as attaining the overall objective of the legal Department including the supervision of Legal Officers and a para legal personnel attached to the Department
Duties & Responsibilities
To provide legal and corporate counseling as well as written legal advice and opinions on all matters pertaining to the Bank
To co-ordinate the legal affairs of the Bank and administer Company Secretary duties as and when required
To supervise the Legal Officer in the review of all agreements and other instruments or documents of a legal character on all matters pertaining to the Bank
To supervise the Recoveries Unit in the development and execution of recovery strategies for customer experiencing repayment distress as well as minimizing the bank’s loss on delinquent facilities through creative and practical recovery mechanisms, devices and solutions
To delegate or represent the Bank before public and/or bodies for the filing, registration, initialing or recording of any instrument, documents or transaction to which the Bank is a party within the Republic of Ghana
To maintain a “pool” of External Solicitors for the Bank as suggested and authorized by the Managing Director/Chief Executive Officer, from which external solicitors may be selected in needful cases to represent the Bank in any legal matter within the Republic of Ghana
In appropriate cases to delegate, liaise directly or otherwise with External Solicitors appointed by the Bank with a view to ensuring effective legal representation of the Bank and the achievement of the corporate objectives of the Bank
To administer/manage any litigation in which the Bank may be involved and to ensure that the Legal Officer liaise with the external solicitors for the submission of quarterly reports and status briefings on pending cases
To review and ensure that fees proposed for services rendered by external solicitors are reasonable in all circumstance and thereafter submit for the consideration and approval by the Managing Director/Chief Executive Officer
To maintain an up to date law library adequate and well stocked to support the operations of the Bank
To review on quarterly basis reports on claims & litigations submitted by the Legal Officer as well as status on recoveries from the Recoveries Unit
To supervise the update at all material times of the validity of collateral documents or instruments held in custody with a view to ensuring uninterrupted enforceability of security when it is due
To ensure that the Company is in compliance with statutory and legal requirements of banking business
To act as the Company Secretary to the Management Credit Committee, Credit Review Committee, Executive Committee, Disciplinary Committee, etc and to keep an up to date minutes of proceedings and other related issues
To carry out such other duties and responsibilities as may be assigned or delegated by the Managing Director/Chief Executive Officer
CHALLENGES
Inadequate human resources
PLANNING
Macro: six months; Micro: one week
KEY PERFORMANCE INDICATORS
Actual vs. Budget
Technical Knowledge & Competence of designated function
Legal advice to Management and Business units
Drafting of legal agreements with special emphasis on loan agreements
Management of Loan Guarantees/Management of garnishee orders, ATD, requisitions
Handling of Court litigations
Support to Recovery Department
Timely & Quality Organization of AGM and Board Committee meetings
Management of regulatory and compliance
Governance Officer activities
Reporting to various regulatory authorities and Group Office
JOB REQUIREMENTS
Education
Minimum education level –First Degree , with post graduate degree and legal qualifications
Experience
8 years post qualification experience of which at least 5 years should have been with a Bank.
The candidate should also have Company Secretarial experience.
KEY COMPETENCY REQUIREMENTS
Knowledge
Good and working knowledge of banking regulations and the tax laws in Ghana
Knowledge & Compliance with corporate policies (in relation to job functions)
Banking operations, policies and procedures
Banking organizational structure
Technical Knowledge
Cost management
Skill/Competencies
Technical Knowledge & Competence of designated function
Highly meticulous and attention to details
Innovation and creativity in solving legal problems