Lagos Legal Manager Job at Stanbic IBTC Bank Plc

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Job Title: Manager, Legal

Employer: Stanbic IBTC Bank Plc (part of Standard Bank Group)

Job ID: 12447

Location: Lagos, Nigeria

Division Group: Legal

Position Category: Group Legal

Employment Type: Full Time – Permanent

Shift: Yes

Regulatory Approval: Yes

Job description: To manage legal risk by providing a comprehensive transactional legal advisory service to the Corporate & Investment Banking Division and such other units as may be identified from time to time.

Required Skills and Qualifications:

•   Drafting and production of legal documentation

•   Collation of all information required for the drafting of facilities letters, term loan letters, security document and other such documentation ("Legal Documentation").

•   Accurate and comprehensive drafting of all legal documentation.

•   Accurate and comprehensive drafting of non standard clauses and, where required, non standard loan agreements.

•   Proactive identification, investigation and solution of legal issues presented from time to time.

•   Provision of sound legal advice (whether informal or by formal written legal opinions) as requested from time to time.

•   Provision of clear and simple explanations to legal issues presented.

•   Scrutiny of signed Legal Documentation and condition precedents (including for audit purposes) to be beyond reproach.

•   Conduct negotiations in a professional manner.

•   Ensure drafting and formatting of Legal Documentation of a professional standard.

•   Ensure adequate version control when drafting and circulating Legal Documentation.

General legal risk management:

•   Adhere to delegated authority assigned from time to time.

•   Adhere to the bank's established risk management processes and procedures.

•   Maintain awareness of Group Legal requirements as contained in Group Reference Guides and communication in circulars from time to time

•   Conduct legal research on issues relevant to legal risk management as identified from time to time.

•   As appropriate, identify any new developments or current requirements in law which necessitate an improvement to the bank's standard legal documentation.

•   Proactively identify legal risks arising in the transactional legal environment and resolve.  Apprise line manager and assist with the development of processes to eradicate, mitigate, monitor and/or report on these risks.  

•   Resolve credit, legal and business concerns in a solution-orientated manner, which reflect an acceptable balance between the bank's commercial and legal interests;

•   Ensure proper record keeping and version control (whether electronically or in hard copy).

•   Ensure a Legal Documentation template library is kept and maintained.

•   Compulsory attendance at pre-credit committee meetings and credit committee meetings.

•   Ensure active and solution orientated participation in relation to legal matters arising.

•   Input into credit application prior to credit signoff to ensure no reworking of the signed off credit application is required due to legal issues.

•   Adhere to turnaround times stipulated in the legal tracker.

•   Conscientiously update all relevant tracking tools including the corporate banking legal tracker.

•   Monitor and report to business and credit on orange and deal deals.

•   Timeous submission of legal tracker to head office function.

•   Regular (at least every 2 weeks) meetings with stakeholders to resolve issues identified in tracker (such as orange and red deals – meetings to be documented and records of meetings kept.

•   Pro-active development of relationships with credit and business with a view of credit and business approaching the legal manager for legal support prior to finalisation of credit applications.

•   Co-ordinate credit, legal and business concerns in a solution-orientated manner to close deals.

•   Constantly seek to provide an exceptional level of service to all internal clients of legal.

•   Handle potential conflict situations firmly but tactfully.

•   Articulate accountabilities, duties, standards and priorities to stakeholders in a clear manner.

•   Ensure a consistently sound understanding and application of facility structures, bank products and general commercial and legal knowledge.

•   Identify training and learning opportunities.

•   Assume personal accountability for optimal performance.

•   Assist in career planning for self.

•   Assist line manager with any tasks/functions/projects which he/she may delegate.

•   Assist in the training of new staff members.

•   Assist with the timeous completion of projects providing regular feedback to line manager and stakeholders throughout project.

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Source: Lagos Legal Manager Job at Stanbic IBTC Bank Plc