LEGAL MANAGER
KEY RESPONSIBILITIES
A. Legal Advisory & Support
- Provide
legal advice to Management and staff on banking operations and legal
matters.
- Interpret
laws, regulations, and contractual obligations affecting the Bank.
- Support
various departments on legal and regulatory issues.
- Advise
on legal risks associated with products, services, and transactions.
B. Contract Management
- Draft,
review, and vet contracts, agreements, MOUs, and other legal documents.
- Ensure
contracts adequately protect the Bank’s interests.
- Maintain
proper contract records and monitoring schedules.
- Review
vendor, supplier, and service agreements before execution.
Examples include:
- Service
Level Agreements (SLAs)
- Lease
agreements
- Employment-related
agreements
- Procurement
contracts
- Partnership
agreements
C. Loan Documentation & Securities
- Review
and prepare legal documentation for credit facilities.
- Ensure
proper perfection of securities and collateral documentation.
- Verify
validity and enforceability of collateral documents.
- Support
registration of securities with relevant authorities.
- Ensure
all loan documentation complies with Credit Policy and legal requirements.
Examples:
- Debentures
- Mortgage
documents
- Guarantees
- Loan
agreements
- Assignment
agreements
D. Recovery & Litigation Management
- Support
recovery of non-performing loans and delinquent accounts.
- Coordinate
with external advocates and debt collectors.
- Prepare
demand notices and legal correspondence.
- Monitor
court cases and legal proceedings involving the Bank.
- Maintain
litigation registers and provide status updates to Management.
- Recommend
legal recovery actions where necessary.
F. Corporate Governance Support
- Support
maintenance of statutory records and legal registers.
- Ensure
timely filing of statutory documents and licenses.
- Monitor
legal obligations and compliance deadlines.
G. Policy & Process Management
- Participate
in development and review of:
- Legal
policies
- Recovery
procedures
- Contract
management procedures
- Compliance-related
policies
- Promote
legal awareness within the Bank through staff guidance and training.
Requirements
KEY PERFORMANCE INDICATORS (KPIs)
- Timely
review of contracts and legal documents
- Number
of legal/compliance breaches
- Recovery
success rate on legal accounts
- Timely
resolution of legal matters
- Compliance
with statutory filing deadlines
- Quality
and accuracy of legal documentation
- Minimal
litigation losses and legal exposure
QUALIFICATIONS & EXPERIENCE
Education
- Bachelor’s
degree in Law (LL.B) from a recognized institution.
- Advocate
of the High Court of Tanzania is an added advantage.
- Postgraduate
qualification in Banking, Compliance, Risk, or Corporate Law is an added
advantage.
Experience
- Minimum
3–5 years’ experience in legal practice, banking legal services, or
corporate legal affairs.
- Experience
in banking, microfinance, loan recovery, or commercial law is highly
preferred.
- Familiarity
with banking regulations and loan documentation.
- Experience
dealing with external lawyers, regulators, and courts.
COMPETENCIES
- Strong
understanding of banking and commercial laws
- Contract
drafting and negotiation skills
- Litigation
and recovery management skills
- Legal
research and analytical skills
- Attention
to detail
- Integrity
and confidentiality
- Good
communication and report writing skills
- Ability
to work under pressure and meet deadlines
- Strong
problem-solving and negotiation abilities