Assistant Manager - Securities and Documentation at ManPower Services

Job Ref: Mn 7518

Job Description

JOB PURPOSE

Reporting to the 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 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 draw-down of facilities Issue Disbursement go-ahead 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

PERSON PROFILE

• Seasoned lawyer with overall 4-6 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
• 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.