Legal Counsel

The Legal Counsel at Bank of Africa Kenya Limited is responsible for providing comprehensive legal advice and efficiently handling security-related documentation and perfection processes. This role is crucial for safeguarding the Bank's assets, supporting business growth through timely loan disbursements, and ensuring that the institution's exposure to legal risks is minimized. The counsel will manage all aspects of legal documentation for credit facilities, ensuring compliance with regulatory requirements and internal policies.

1. Ensure efficient turnaround times for drafting and negotiating loan agreements, security documents, and other contracts.
2. Conduct thorough legal reviews of all credit documentation to minimize legal risks.
3. Prepare, review, and provide legal opinions and advisories to internal stakeholders on security perfection formalities, collateral maintenance, and relevant legal and regulatory requirements.
4. Oversee the preparation, execution, and registration of all loan-related securities, ensuring compliance with legal requirements and best practices.
5. Review security agreements, guarantees, and indemnities to ensure adequate protection of the bank’s collateral rights and potential recovery options.
6. Receive and review security packs, advising branches on issues and ensuring documents like Letters of Offer (LOO) and Terms and Conditions (T.C.C) are properly signed and attested.
7. Prepare and register internally generated securities, including security agreements, guarantees, and indemnities.
8. Provide reports and status updates to the department and other relevant departments, such as Credit, regarding the status of security perfection (e.g., updates to CAC minutes, EDD reports, IPS reports).
9. Attend meetings related to security perfection and collateral management.
10. Maintain a deep understanding of current Kenyan legal and regulatory updates affecting credit documentation and loan transactions.

1. Hold a Bachelor of Laws degree (L.L.B) from a recognized university.
2. Duly admitted as an advocate of the High Court of Kenya.
3. Possess at least 2 years of post-admission experience in a busy law firm or bank.
4. Demonstrate proven experience in conveyancing and commercial law.
5. Exhibit strong decision-making, interpersonal, and problem-solving skills.
6. Be a registered member of the Law Society of Kenya, authorized to render legal services to the Bank annually.