Job Purpose Statement
The Legal Counsel is responsible for managing contracting, advisory, regulatory and providing general legal support for the digital business and the Group’s subsidiaries in Kenya in line with the legal risk policy and related contractual procedures & processes.
Key Accountabilities (Duties and Responsibilities)
Contract Administration (10%)
Manage day to day operations of the legal contract administration
Ensure that all subsidiaries & digital business contracts are
accurate in compliance with the legal policy
Manage the legal contracting space, personnel and oversee, facilitate, draft and negotiate contracts in support of the business needs;
Ensure attendance, engagement and participation in contract negotiations
Supervise and ensure that all contractual documentation is practical and contains all key clauses that protect the interests of the digital bank
Provide concise and practical legal solutions to all business and support units of digital bank and other subsidiaries engaging in any form of contracting.
Propose new and innovative ideas that ensure that contract management and the quality of the contracts entered into;
Keep up to date on all existing/new regulations, policies and procedures, product information,
Ensure an up to date Register of all contracts in respect to the digital bank and subsidiaries is maintained.
Contracting to maximize business performance and minimize legal contractual risks (20%)
Compliance with policy and procedures related to contracting;
Drafting of contract procedures and continuous review of the same;
Providing concise, practical and effective legal opinions on contracting, assist with preparation of Executive Summaries
Review and drafting of contracts (where necessary engage the services of external counsel)
Successful negotiation of contractual terms between the Group and external parties
Execution of Contract Approval Request form
Execution of contracts by the Group and external parties
Proper storage of contracts (physical and soft copies) with the external parties, business users and legal team;
Effective review of executed contracts
Closure on audit issues raised
Providing in house training on contracts for stakeholders.
The specific contracting role has been limited to digital banking matters, however, you shall respond to any other contracts for review/research.
Customer Documentation to maximise business performance and minimize customer documentation risks (10%)
Compliance with policy and procedures related to customer documentation.
Providing concise, practical and effective legal opinions on customer documentation templates
Review and drafting of customer documentation templates
Successful negotiation of customer documentation terms between the Group, regulators and external parties
Effective review of executed customer documentation
Closure on audit issues raised with respect to customer documentation
Providing in house training on customer documentation for stakeholder
General Legal
Advisory & Management of intellectual property (20%)
Provide advisory services and respond to legal queries for the digital business and subsidiaries;
Provide concise and practical legal opinions to all Group subsidiaries
Nil penalties due to non-adherence or non-compliance to regulation;
Monitor and ensure that all legal requirements for both the Digital Bank and Subsidiaries are adhered to;
Participate in the Group’s processes representing Legal Services.
Ensure that all aspects of legal risk are identified, covered and controlled in the implementation of new projects, systems, procedures and products within the digital business and subsidiaries.
Keep up with changes in the legal and business landscape and advice accordingly to avert any possible adverse legal risk.
Maintenance of the Group’s subsidiaries intellectual property register
Ensure proper strategy and regular monitoring of all matters handled by external counsel and other service providers;
Customer Experience
Enhance customer experience (25%)
Compliance of the SLAs
Ensuring that legal costs are minimised
People & Culture
Measure of What of People & Culture (10%)
Ensure attendance of Continuing Professional Development Courses with the LSK and meet the required points for the following year’s practicing requirements.
Ideal Job Specifications
A minimum of 4 – 6 years’ experience legal department of a busy organization, FinTech or a technology company, with sound exposure to:
Contract drafting
Development of sound legal advisory and sound general advise
Cross border set up, experience in payments, technology and general remittance or payments businesses;
Advisory on regulatory approvals and continuing compliance obligations in relation to new products e.g. digital lending and similar technology based financial services;
Experience drafting IT/Technology/Banking/fintech/investment banking contracts;
Experience with handling different regulatory bodies; and
Experience with license reviews and payment service license applications.
go to method of application »
Use the link(s) below to apply on company website.
Apply via :
