Legal Officers - 3 Posts at Mwananchi Credit Ltd

Job Purpose

The Legal Officer is responsible for providing expert legal services to support business and ensure operations are carried out in accordance with the laid down company policies and procedures, regulatory guidelines and are within legal framework.

Essential Duties & Responsibilities Include But Not Limited To The Following

• Provide legal advice and interpretation to on issues relating to the operations, procedures and policies governing the general business of the organization to ensure compliance with the law.
• Drafting and reviewing agreements, legal documents, Memorandums of Understanding and other collateral securities relating to MCL’s business
• Perusing, drafting, renewing, reviewing and editing of loan documents and loan files where and when necessary.
• Providing general legal advice on legal recovery processes and drafting the necessary notices for example demand notices, default notices, recall notices, etc. Participate in recovery of written off and bad loans.
• Work in liaison with external law firms, ensure due diligence is conducted on individual borrowers, companies, organizations, associations, partnerships and loan securities pledged by clients.
• Providing advice on litigation matters and monitor assignments with external lawyers. Routinely appear in courts of law with external lawyers and any other fora and design appropriate litigation strategies to monitor the progress of litigation matters.
• Preparing release letters for securities after completion of the loans and ensure release of security where applicable.
• Performing any other duties as may be assigned by management from time to time.

Qualification, Knowledge And Experience

• Bachelor’s Degree in Law from a recognized Institution, Post Graduate Diploma in Law from the Kenya School of Law
• At least 4 years’ experience in a legal department of a busy organization, financial services, with sound exposure to credit or lending and debt recovery.
• Advocate of the High Court of Kenya of at least 2 years’ post-admission
• Certified Public Secretary of Kenya CPS (K) is an added advantage
• Membership in the Law Society of Kenya.
• Proficiency with MS Office suite packages as well as good IT skills and knowledge are essential

Key Competencies

• Proficient negotiation and mediation skills
• Innovative thinking ability with strong analytical skills
• Exceptional communication skills, organizational and report writing skills.
• Strong interpersonal skills with ability to build supportive relationships with everyone across the firm
• Able to multi-task, manage time effectively and keep calm under pressure
• Maintains the highest professional standards