Review and vet all corporate facilities agreements after an approval from business.
Review and prepare corporate securities documentation for lending purposes.
Issue quality and unambiguous instruction to External Lawyers for perfection of securities.
Sound and command in management of law firms/external lawyers involved in perfection of securities.
Ensure that SLAs and Charters governing post approval processes are prepared and implemented accordingly.
Maintenance of securities data through a defined process or system. Also, reliable MIS and development of various reports for sharing with business teams and Credit.
Prepare and implement securities tracking “live” system which will be submitted on weekly basis confirming the progress and time expected for closure.
Preparation and review of all lending documentations including but not limited to facilities agreements and securities documents.
Provide legal opinion and advice to all departments within the Bank.
Liaison with KCB Group and other subsidiaries on all cross-border facilities and international business.
DAILY RESPONSIBILITIES:
Prepare facility agreements and offer letter.
Issuance of certificates of compliance/certificates for securities’ position to enable booking.
Reviews of securities and updating various reports, follow-up on any pending covenants after disbursement.
Ensuring compliance with credit approvals and provision of legal opinion on rectification of CQs where necessary before security documents are drafted to attain uniformity.
Follow up with business teams on expired land rents receipts and insurance policies for all securities held by the bank.
MINIMUM POSITION QUALIFICATION REQUIREMENTS
Academic & Professional
Particulars
Detail
Specific Field or Qualification
Need Type
Education
Bachelor’s Degree
Bachelor of Laws (LL. B)
Required
Professional Qualifications
Postgraduate Diploma in Legal Practice
Required
Master’s Degree
Law / Business
Added Advantage
Experience
Total Minimum No of Years Experience
3
JOB CONTRIBUTION
Particulars
Type [1]
Primary Job Role
SU
Monetary Impact
IE
Job Impact
NM
Accountability
CU
[1] Primary Job Role is EITHER Business = BS OR Support = SU
Monetary Impact is EITHER Revenue Generator = RG or Incur /Optimise Expenditure = IE
Overall Impact is EITHER Monetary = MO or Non-Monetary = NM
Accountability is EITHER Responsible for Unit = RU or Contributor in Unit = CU