Corporate & Business Legal Advisor

Job Summary The position involves assisting the Head of Legal (NBC) in delivering legal counsel to Business Units within NBC, with a primary emphasis on Corporate and Investment Banking (CIB) and Business Banking (BB). Additionally, the role encompasses the identification and mitigation of legal risks throughout NBC. Job Description To effectively communicate and implement the strategic objectives and operational goals for both the team and the broader department, ensuring alignment with overarching organizational targets. To deliver tailored legal guidance and insights, we collaborate closely with Business Units to assess their needs, offering expert advice, thorough research, and specialized support within your area of expertise. This enables effective legal risk management while distinguishing between commercial risks and those requiring legal intervention.

Autres informations

• Maintain the currency and accuracy of legal advice and opinions by consistently staying informed of the most recent legal developments. Offer strategic legal guidance across diverse corporate and investment banking solutions, products, and services, covering Debt and Capital Markets, trade finance, project finance, syndicated lending, structured finance, derivatives, and securitization. Provide specialized, business-focused legal guidance by analyzing and advising on the validity, enforceability, and legality of agreements and documents. Clearly communicate legal risks, concepts, and contractual provisions to relevant Business Units in a concise and accessible manner. Possess a comprehensive knowledge of the relevant products and services offered by NBC and the broader Group, and play a key role in the structuring, negotiation, and drafting of legal agreements and documentation. Offer expert legal guidance to Business Units during engagements with external banks and/or clients, facilitating negotiation processes for legal agreements, security documents, and other pertinent paperwork—particularly in resolving impasses encountered during discussions between the bank, other financial institutions, and/or clients. Ensure all legal agreements, security documents, and other relevant paperwork include robust provisions designed to effectively manage and mitigate potential legal risks. We are responsible for ensuring the proper perfection and registration of security interests in Tanzania, as well as in any additional jurisdictions where required, while also delivering or procuring legal opinions regarding collateral enforceability and adherence to perfection compliance standards. To effectively convey the legal risk control framework policies to Business Units, you will be responsible for maintaining clear and professional verbal and written communication at all times. The incumbent will oversee adherence to the legal risk control framework, promptly escalating any deviations to the Head of Legal & Company Secretariat, while meticulously documenting legal risks in the designated reporting forms. To address legal risks identified in the legal risk reports, implement timely and effective measures to ensure their successful mitigation. Furnish legal guidance on preliminary versions of legislation, regulatory documents, and official directives issued by governmental entities or oversight authorities.
• Oversee all litigation and claims involving the bank, whether initiated by or against the entity, while also facilitating the negotiation of settlement agreements in collaboration with relevant Business Units.

Responsabilités

• Utilize strong risk assessment skills grounded in industry best practices and relevant experience to ensure all duties and activities strictly adhere to regulatory obligations, the Enterprise-Wide Risk Management Framework, and internal policies and standards. Provide primary legal guidance and oversight for sophisticated, high-value transactions within the Corporate and Investment Banking (CIB) and Bulge Bracket (BB) sectors. Collaborate with external counsel and the legal teams of counterparties to facilitate the efficient, legally compliant completion of transactions within required timelines. Provide training sessions for Business Units on legal documentation, recent developments, and key issues, including the creation of legal bulletins and organizing seminars. To maintain compliance and accuracy, promptly update the Standard Legal Documents Databases NBC and all other drafted agreements to accurately incorporate any modifications arising from changes in the legal or regulatory landscape. Required Qualification and Experience: Requires a minimum of seven years of post-qualification experience as an in-house legal advisor within a financial institution or equivalent professional tenure at a prestigious law firm. Experts in banking and finance law are essential, requiring a comprehensive grasp of legal frameworks governing financial institutions, transactions, and regulatory compliance.
• Extensive knowledge of corporate lending transactions.
• Extensive knowledge of Commercial law
• Extensive knowledge of law of Contracts
• Extensive knowledge of Regulatory framework
• Experience in cross border transactions Commercial insight is essential, enabling the seamless alignment of legal risk mitigation with strategic business goals. Demonstrates resilience and composure in high-pressure environments while efficiently juggling numerous intricate transactions at once. Maintains a high standard of professionalism, integrity, and sound judgment in all responsibilities and interactions. Demonstrates proficiency in evaluating and implementing credit analysis and decision-making processes. Preferred Qualified legal practitioners possessing the requisite credentials, including admission to practice as an Advocate of the High Court of Tanzania or eligibility under another reputable legal jurisdiction, are encouraged

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