Career @ Keystone Bank Ltd
- Vacancy - Unit Head, Contract Drafting & Administration
- Specialization:Legal
- Job Level: Experienced Hire
- Required Experience: 7 - 10 years
- Required Banking Experience: 5 - 7 years
The Company
Keystone Bank Limited, commonly referred to as Keystone Bank, is a commercial bank in Nigeria. The bank is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator.
Keystone Bank is recruiting to fill the below position:
Vacancy - Unit Head, Contract Drafting & Administration
Job Description
-Timely and quality legal drafting and interpretation of contracts under advice to the Head of Regulatory Monitoring. -Valuable and inspiring team leadership and team effectiveness in the Legal Services Dept.
See also;
Relationship Officer at Keystone Bank Limited
Duties And Responsibilities:
Initiate the development and preparation of policy, procedures and strategies for administration of contracts, contingent liabilities and transaction advisory services.
Offer needed support services to business owners during negotiation of contracts.
Prepare, draft or review all contract instruments (excluding bank’s leases and properties), SLAs, Contracts, letters, contingent liabilities and all matters pertaining to contracts to which the bank is a party, and such other documents creating legal obligations for the bank as may, from time to time, be assigned to the unit.
Prepare, draft, review or update relevant bank’s standard formats, standard letters, contract letters, standard agreements, and other contract or business instruments or documents.
Provide legal advice on, prepare and or vet all documents pertaining to, international trade transactions to which the bank is a party, including but not limited to matters arising from transportation of goods by sea; marine insurance; bills of lading; letters of credit; bills of exchange; and promissory notes.
Provide legal advice on, prepare and or vet all documents pertaining to, the bank’s e-business and electronic funds transfer transactions, including but not limited to internet banking, telephone banking, smartcards, ATMs, POS systems and wire transfers.
Provide legal advice, prepare and or vet documents pertaining to the bank’s engagement with correspondent banks, whether domestic or offshore.
Provide legal advice, prepare and or vet documents pertaining to all capital market transactions to which the bank is a party, including but not limited to mergers, acquisitions, takeovers, corporate restructurings, reorganizations and such other transactions recognized by the Investments and Securities Act, 2007.
Subject to the concurrence of the General Counsel and or Head of Regulatory Monitoring, engage and monitor external solicitors for the conduct of due diligence and drafting in respect of highly technical contracts, and perfection of leases and real estate contracts, etc as may be required by law.
Maintain an effective database for management of key information relating to all the Bank’s contracts towards effective monitoring and handling of performance issues, breaches, risks and any potential regulatory threats.
Provide guidance and leadership to the team to ensure effective execution of the Team/Unit’s activities; and monitor actual activity and performance levels against the approved budget.
Prepare and agree career development plans (in conjunction with the Human Capital Management Group) and conduct periodic performance appraisal sessions with subordinate staff in line with stipulated career and performance management policies and procedures.
Regularly appraise the activities and functions of the unit and make recommendations for improvement to the Head, Regulatory Monitoring.
Assist in the development of the department’s budgets and in the coordination of the department as required.
Perform other duties as assigned by the General Counsel and or Head, Regulatory Monitoring.
Key Performance Indicators:
Quality and timeliness of legal drafting and contracts review.
Reduction in costs arising from the use of external support, from perfection/non-perfection of contracts, and from contract breaches or non-performance etc
Prompt detection and escalation of risk indicators through effective contract administration and data management.
Team and Unit’s Effectiveness
Rating on internal customer/customer satisfaction survey
Additional KPIs as may from time to time be advised by Head, Regulatory Management and or General Counsel.
Minimum Education Qualifications:
First degree in Law
Post Graduate Qualifications:
Relevant Post Graduate degree will be an advantage
Professional Qualifications:
Relevant Professional Qualification will be an advantage
Skills And Competencies:
Understands the structure and format of contractual documents as well as the key principles and contents of the law of contract and banking; and applies the correct legal terms to conditions.
Demonstrates advanced knowledge of legal and regulatory issues in business and commercial transactions.
Sound knowledge of commercial, financial, banking, taxation, employment, property and conveyance laws
Understands the process of contracts negotiation, verification, execution, administration and perfection.
Excellent drafting skills with strong flair for rigorous academic research and meticulous analysis of business, financial and commercial issues.
Professional administrative skills, contracts negotiation skills, effective writing, research, and analytical skills.
How To Apply
Interested and qualified candidate should:
Click Here To Apply Online
Click Here To Apply Online
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Application Deadline Date
11th March, 2014.
