LEGAL OFFICER

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