Principal Officer, Legal

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.

To Apply

Interested and suitably qualified individuals should forward hard copies of their applications, enclosing copies of their academic and professional certificates, detailed CV indicating work experience, contacts, and addresses of 3 professionally relevant referees by close of business on the 5th of July 2024. Use the email recruitment@devbank.com. Only shortlisted candidates will be contacted.