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30 Jan 2023

Legal Officer at Opportunity Bank

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Job Description


Opportunity Bank is a Commercial Bank licensed and supervised by Bank of Uganda. We are the Bank of choice for all who aspire to a life of dignity and purpose. We offer innovative technology-led financial solutions and training to transform lives and Communities. We do this with care, respect and in a sustainable way.

We are seeking to recruit a suitable candidate to fill the position of Legal Officer.

Job purpose:
To review and prepare loan documentation, follow up on company litigation processes, and other duties as assigned.

Key Result Areas:
Credit Risk Management:
Draft legal documents for loans of UGX 50m and above.
• Review all credit files of UGX 50m and above for disbursement
• Draft Bank contracts and ensure that the Bank’s interests are protected
• Review of contracts before signing
• Maintain/update contracts files register
• Conduct training for the Bank’s staff on legal issues
• Handle staff & customer enquiries in regard to credit issues
• Handle any other task assigned by the supervisor from time to time.

Litigation:

Prepare opinion memos for impendent and threatening litigation matters for the Legal Manager to peruse and advise
• Advise on best way to resolve cases without exposing the company’s image as well as mitigating its losses.
• Carry out research to enhance and bolster cases for and against OBUL.
• Draft legal pleadings in defense of the company’s interests, where court action is preferred.
• Ensure timely filing of all pleadings.
• With authorization from Legal Manager, monitor external legal services and ensure effective representation of the Bank in Courts of law.
• Attend meetings where any third parties are claiming against OBUL.

Additional roles:
• Provide opinions to the Legal Manager/Head Legal on legal and administrative matters of the Bank.
• Continuously monitor compliance with statutory obligations and advise accordingly.
• Provide support in contract reviews and drafting and providing recourse options especially for non-performing contractors.
• Provide legal advisory services to the branches and departments on account opening files. Qualifications & Experience
• Bachelor’s Degree in Law and diploma in legal practice (LDC)
• At least 2 years in the Legal function in a financial sector or a busy private enterprise;
• Experience working with board members as well as financial compliance experience will be an added advantage.

Personal skills and abilities
• Mediation skills
• Litigation skills
• Interpersonal and people handling skills
• Appreciation of good corporate governance
• Strategic level thinking concerning systems for best governance

Behavioral Characteristics
• Self-starter
• Highly Motivated
• Passionate
• Results Driven
• Able to work autonomously as well as part of a group
Opportunity Bank is an equal opportunity employer. All qualified candidates are encouraged to apply, regardless of disability, gender, marital status, religion and ethnicity.

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Method of Application

Interested candidates should send their signed application letters together with their curriculum vitae not later than 6th February 2023 to [email protected].

Customer deposits are protected by the Deposit Protection Fund up to UGX 10 million Terms and Conditions apply




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