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Job Description
Researches and prepares legal opinions on the basic day-to-day issues bothering the Unit’s activities.
Responsibilities
- Support the Unit Head in the provision of high-level transactional negotiation and documentation support to the Strategic Business Units (SBUs) including but not limited to Treasury, Financial Institutions, International Banking, Corporate Banking, Commercial Banking, and Private Banking in their deals concerning assets creation and resolution of enterprise eligible banking assets as well as other end-to-end corporate finance structures.
- Researches and prepares legal opinions on the basic day-to-day issues bothering the Unit’s activities.
- Drafts, negotiates, and arranges the execution of loan documentation relating to Bank facilities.
- Drafts and reviews contracts and agreements between the Bank and other parties.
- Supervises the research and preparation of legal opinions as may be required by the Business Units.
- Reviews credit approvals (Form 3800B)/ offer letters and advises on the most optimal transaction structure that best protects the Bank’s interest whilst meeting its commercial objectives.
- Liaises directly with external solicitors to ensure that the Bank’s transactions specifically being handled by the team are promptly pursued, acted upon, and concluded in good time.
- Attends meetings with SBUs and Strategic Resources Function (SRFs) for purposes of negotiating terms and conditions of commercial transactions to be entered into by the Bank.
- Prepares, reviews, and vets a wide range of documentation, including but not limited to Letters of Domiciliation, Indemnities, Irrevocable Remittance Undertakings, Irrevocable Standing Payment Orders, Letters of Comfort, Letters of Support, Letters of Intent, etc.
- Prepares Loan Agreements, Corporate Guarantees, Sales & Collection Agreements, Letters of Hypothecation, etc.
- Conducts, analyses, and interprets search reports against Certificate of Registration/Incorporation documents of corporate entities.
- Supervises and serves as co-counsel with External solicitors retained by the Bank in specialized and cross-border transactions.
- Builds and improves the capacity of team members by mentoring and guiding them in specialized and big-ticket transactions.
- Under the guidance of the Unit Head, manages/oversees the documentation, preparation, and review of a caseload of some of the largest and most intricate financial transactions involving the Bank allocated to the Team.
- Review of Product Papers, Policy documents, Product Terms, and Conditions, etc of the Bank to ensure that legal issues are properly addressed.
- Review legislations, laws, and regulations as they affect the operations of the Bank;
- Ensure compliance with the principles and policies contained in the Information Security Handbook;
- Review the work of subordinates for quality assurance purposes;
- Supervises the drafts of all species of local and cross-border Bonds and Guarantees and vets/reviews drafts of same prepared by counterparties to ensure there are no adverse clauses and that the interest of the Bank is adequately protected;
- Supports the Unit Head in the actualization of numerous product and service offerings, alliances, partnerships, and other synergistic relationships created by the Products and Channels Unit;
- Lead, nurture, train, develop, and motivate the Team members with robust job content and challenging assignments.
- Performs any other duties as may be assigned by the Unit Head and/or General Counsel.
Qualifications
- First Degree in Law;
- Professional Qualification/License to practice Law in Nigeria;
- Masters’ Degree or a relevant professional qualification will be an advantage.
- Must have 6-12 years of post-call private law practice and/or in-house corporate experience.
Location: Lagos Nigeria.
For More Information: TEAM LEAD CORPORATE TRANSACTIONAL SUPPORT-STRATEGIC BUSINESS UNITS (SBUS)
