Principal Officer, Legal at Development Bank of Kenya

Job Purpose

This position is responsible for Legal Advisory, Litigation & Conveyancing Management and ensuring compliance with statutory and regulatory requirements. The position provides high quality legal advisory to enable effective management of the Banks investments, legal risks; advising on matters regarding Banking, Corporate and Commercial law, Investments and real estate; including the interpretation, impact and effect of the relevant laws that govern these areas of business.

Duties and Responsibilities;

• Vet and manage legal issues arising and provide legal opinions on the legal issues, risk and regulatory compliance.
• Ensuring that best practices and developments in legislation, regulations and guidelines are complied with and that all activities comply with applicable laws, rules and regulations
• Correct execution of facility letters, guarantees, contracts, agreements, charges, debentures, chattels mortgages, discharges and all security documents and legal documents related in the Banks business.
• Provide legal support in research on developments in law and maintenance of a legal Library for reference.
• Drafting and reviewing Contracts, Agreements on new products, security documents and other relevant documents issue
• Liaising with the Bank’s legal service providers and ensuring external legal activities and engagements are coordinated effectively.
• Issue of statutory notices for purposes of debt recovery on defaulted facilities.
• Ensure proper and accurate lodgment and release of security documents received, in manual registers within stipulated time frame and maintenance of proper records
• Perform any other duties that may be assigned from time to time.

Qualifications, Skills and Experience for Appointment

• A minimum of Eight (8) years and at least four (4) experience in supervisory role in the Public or Private Sector;
• Bachelor of Laws degree from a recognized institution;
• Masters Degree in any Law or equivalent qualifications from a recognized institution will be an added advantage;
• Postgraduate Diploma in Law from the Kenya School of Law;
• Management courses or programs from recognized institutions;
• Admitted as an advocate of the High Court Kenya;
• Hold a valid practicing certificate;
• Member of the Law Society of Kenya;
• Proficiency in computer applications;
• Show merit and ability as reflected in work performance and results; and
• Fulfil the requirements of Chapter Six of the Constitution.