Job Opportunity at CVPeople Africa, Head of Legal And Recovery

Job Opportunity at CVPeople Africa, Head of Legal And Recovery
HEAD OF LEGAL & RECOVERY
Bank, Dar es Salaam, Tanzania
A great opportunity is being reopen for a Head of Legal & Recovery to work in a Bank. The ideal candidate will be responsible for managing legal risk through provision of advanced legal services and loan portfolios.

JOB DESCRIPTION

  • Determine the need for litigation and where this is required handle directly or through external legal counsel
  • Ensure appropriate action is taken on non-performing accounts .
  • Review , advice and make recommendations on loan documents, leases, agreements and contracts and ensure that the Bank's interest are protected prior to execution.
  • Monitor and ensure that all legal requirements with regard to changes in Capital Structure, annual Returns and Dividend payment are adhered
  • Management of the entire delinquent / non- performing portfolio in the Bank's leading Book.
  • Undertaking recovery processes.
  • Representing the Bank in court sessions involving recovery suits, court attachment orders and public auctions making sure that bank interests are protected
  • Liaising with external parties.
  • Build a list of uncollectible loans and recommend for write offs through assessing the trend of recovery activities on the delinquent loans
  • Develop and maintain a database of 'Black- listed loans' and nominate their names to credit information Bureau [CIB].
  • Organize, attend, record and produce Minutes and Resolutions of deliberations of all Board meetings
  • Record and maintain updated registers for the Bank
  • Seal, witness execution of documents and securely maintain the Company seals for the bank
  • Perform all required company secretariat functions for Bank's management committee and Board of Auditor committee.


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