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 Bank’s investments and 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.

Key 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 bank’s 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 issued
• 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 the stipulated time frame and maintenance of proper records
• Perform any other duties that may be assigned from time to time.

Job Requirements and Experience

For appointment to this grade, a candidate must have:

• Minimum of Five ( 5 ) years experience 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
• Fulfill the requirements of Chapter Six of the Constitution.