Job Description
KEY RESPONSIBILITIES
• Ensure the appropriate security documentation on the Bank’s Standard forms have been properly prepared before dispatch to the customer.
• Issue compliance Certificate jointly with the Company Secretary within agreed TAT on receipt of the last outstanding security document.
• Liaising with external legal counsel and other service providers on security documentation process and ensuring that security documentation and other conditions of sanction have been perfected/completed prior to authorizing drawdown of facilities (unless there is a waiver in place).
• Liaising with branch management on all outstanding approval conditions and answering all quires relating to pending compliance certificates.
• Issue deficiency reports upon receipt of Credit Approval and/or duly accepted letters of offer.
• Prepare instructions to and follow up banks external lawyers in preparation of security documents on behalf of the bank.
• Representing the Bank before any court of law as witness or to watch brief as necessary.
• Managing and measure external lawyers’ performance to ensure efficiency.
• Managing litigation costs to a minimum including but not limited to negotiating settlements in favor of the bank where deemed appropriate.
• Creating legal awareness and providing advice to the Bank on suitable courses of action to avert and/or minimize litigation.