Legal Officer, Corporate Transactional Support – FIRSTBANK

June 16, 2022

Job Description

JOB DESCRIPTION

Duties
& Responsibilities

         Provides, under the guidance of the
Team Lead, legal advisory services in respect of various contracts to SBUs,
SRFs and the Bank’s subsidiaries with respect to structured finance, project
finance, international trade, oil & gas financing, derivatives,
telecommunications financing (operators, service providers and dealers)
highlighting the Bank’s attendant obligations, privileges and rights and
consequences of breach of such contracts

         Researches and prepares legal opinions
on basic day-to-day issues bothering on the Unit’s activities.

         Attending meetings with SBUs and other
SRFs for purposes of negotiating terms and conditions of commercial transaction
to be entered into by the Bank.

         Prepares 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 and understudies the Team Lead and
Guarantee Supervisors in the Department in the art of Bonds and Guarantee
drafting and reviews.

         Supports the Team Lead in the
actualization of numerous product and service offerings, alliances,
partnerships and other synergistic relationships created by the Products &
Channels Unit.

         Prepares, reviews and vets a wide range
of documentation, including but not limited to letter of domiciliation,
Indemnities, Irrevocable Remittance Undertakings, Irrevocable Standard Payment
Orders, Letters of Comfort, Letters of Support, Letters of Intent, etc.

         Prepare Loan Agreements, Corporate
Guarantees, Sales & Collection Agreements, Letters of Hypothecation,
Equipment Leases, Deeds of Release etc.

         Conducts, analyzes, and interprets
searches on Certificates of Registration/Incorporation of corporate entities.

         Supports the Team Lead and Unit Head in
the provision of general advisory services to the Bank’s subsidiaries.

         Ensures compliance with the principles
and policies contained in the Information Security Handbook.

         Works with External Solicitors to
verify genuineness of Letters of Administration and probate documents

         Follows up on External Counsel on
briefs assigned to them, including but not limited to the processes involved in
the preparation and filing of legal pleadings, motions, etc

         Ensures compliance with the principles
and policies contained in the Business Continuity Management Handbook.

         Assists the Team Lead and Unit Head in
the Unit’s involvement in, and compliance with the Bank’s Information Security
Management Policies, Business Continuity Management, BS25999, ISO 27001, and
initiatives, internal audit outcomes and compliance with recommendations,
ICAFAS, Business Performance Management, PSQA etc.

External Qualification:

Education

Minimum
Education:    First degree in Law and Professional Certificate
of Barrister At Law (compulsory)

Experience

Minimum
experience: Two years post call, legal practice in chambers

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