Senior Legal Advisor & Compliance Specialist

Responsabilités

With nearly six decades of operation, NBC stands as Tanzania’s longest-established bank, renowned for its comprehensive suite of financial solutions spanning retail, business, corporate, and investment banking, as well as wealth management services. Job Summary The Legal Counsel is tasked with delivering comprehensive legal services to the National Bank of Commerce Limited (“NBC/the bank”) and its affiliated investments, encompassing transactional support, litigation oversight, commercial contract administration, legal risk mitigation, governance, corporate secretarial duties, and general legal advisory. In addition, the role provides tailored, business-focused legal support across all departments and units of the bank. To deliver legal support and guidance to NBC’s Head of Legal, you will identify and mitigate legal risks across NBC and its investments, collaborating closely with relevant business stakeholders as needed. Partner with business leaders as a trusted legal advisor, proactively identifying and mitigating legal risks while delivering commercially sound, pragmatic, timely, and precise legal guidance. Job Description Accountability: Legal Risk Management (50%) Assist Head of Legal in: Providing strategic and actionable guidance to foster the organization’s sustainable expansion, you will identify and mitigate legal risks across all business operations while developing and executing robust frameworks to ensure appropriate risk management protocols are in place.

• Thoroughly assessing and mitigating legal risks associated with the rollout of new initiatives, including projects, systems, processes, and products, to ensure full compliance and protection. Ensure legal risks are proactively identified, assessed, and mitigated, while submitting timely and comprehensive reports to the Head of Legal and Management Committees on a periodic basis.

Develop and execute robust legal risk management frameworks and processes that align with Legal, Regulatory, and NBC Governance requirements and standards. Designing and executing strategic legal risk management programs to mitigate potential liabilities and enhance organizational resilience.

• Overseeing the implementation of best practices and adherence to established guidelines, while ensuring full compliance with all relevant laws, rules, and regulations governing operations.

Analyzing, assessing, and reporting changes in legislation, regulations, guidelines, and market practices to ensure compliance and strategic alignment with the business’s operational environment. Invest strategically in institutional knowledge enhancement and training initiatives to equip business colleagues with advanced skills and elevate their understanding of legal and regulatory obligations. To develop, assess, and revise standard documentation in alignment with the Legal Risk Management Policy, ensuring that legal risk is effectively mitigated and controlled. Oversee external legal counsel relationships, ensuring adherence to optimal supplier management protocols while assessing performance and expenditure. Provide assistance in administering contracts and preparing documentation generated by the Procurement/Sourcing Team, with primary responsibility for overseeing the application of both standard and non-standard templates.

Autres informations

• Manage the Key Risk Indicators. The position requires leading the standardization of contract lifecycle processes, encompassing template development, review, drafting, negotiation, execution, and renewal phases. Additionally, the role involves preparing and overseeing a diverse range of commercial agreements, including commercial contracts, lease agreements, and vendor contracts.
• Champion the Legal Risk Management Policy and Standard by embedding legal policies into business operations, raising awareness through targeted training initiatives, and disseminating regular circulars to ensure comprehensive understanding and compliance. Accountability: Compliance & Risk Control (5%) Ensure all tasks and responsibilities adhere strictly to regulatory mandates, the Enterprise-Wide Risk Management Framework, NBC’s internal policies, and established Policy Standards, while demonstrating a robust understanding of legal risk management and control mechanisms.
• Maintain a satisfactory control environment.
• Consistently assess the risk and legal profiles of the business unit, offering expert guidance to the Head of Legal and Management on necessary adjustments to ensure an optimal balance between risk and reward. Accountability: Management & financial information (5%) Assist the Head of Legal in: The role involves determining and fulfilling management information needs to assess legal risk exposure, evaluate performance—including that of internal and external legal resources—and measure productivity. Overseeing external legal resources to ensure cost efficiency and high performance, while serving as the primary point of

[Click the Apply button below to apply, and Create my CV to build a CV tailored to this offer, professionally]