Board Secretary and Head Legal Affairs Full Time

1.       JOB PURPOSE:

The Fund’s chief legal advisor on all matters pertaining to a statutory mandate, organizational actions and as Head of Board Affairs provides administrative support to the Board of Directors.

2.       KEY RESPONSIBILITIES:

• Provides leadership to the Board Secretariat and Legal Affairs department.
• Provides requisite support to the Board of Directors, Board Committees. and EXCo.
• Advises on Fund compliance to applicable laws and regulations.
• Represents the Fund in legal matters.
• Prepares clear and concise Board and EXCo minutes.
• Develops policies and procedures for the legal and board affairs department that clearly articulate the Fund’s value proposition

3.       DUTIES:

• Advises on emerging legal trends or developments which affect or may affect Fund operations;
• Represents the Fund in external fora where legal representation is required;
• Participates in the drafting of the required agreements and contracts for Fund operations;
• Ensures timely remuneration and facilitation for Board members;
• Extract Board resolutions and action points and submit these to the CEO for dissemination to ExCo, staff and other relevant parties;
• Prepares Action reports for reporting back to the Board on the progress of implementation of Board resolutions;
• Prepares of invitations to board meetings in consultation with the of the CEO and Board Chairman;
• Ensures timely communication with the Board Members;
• Develops induction programs of any new Board members;
• Maintains strategic oversight over all the Fund’s legal activities;
• Advice and guides to the Board, Committees and Management on legal, regulatory and corporate governance issues of the Fund;
• Coordinates and monitors the provision of legal services by the external law firms;
• Drafts relevant laws, regulations, and papers;
• Drafts the Memoranda of Understanding between DPF and key stakeholders;
• Liaises with stakeholders to propose appropriate legislation on matters related to deposit protection;
• Represents the Fund before courts of law, administrative bodies, tribunals, and other authorities, based on the powers granted by the Chief Executive Officer or Board of Directors;
• Drafts and proposes amendments to the Board Charter and  Code of Conduct  in accordance with good corporate governance practices;
• Drafts Terms of Reference for Board Committees;
• Carry out legal due diligence on transactions that the Fund intends to enter into;
• Drafts minutes and keeps a record of proceedings at Board and Committee meetings;
• Keeps custody of the common seal of the Fund;
• Witnesses the affixing of the common seal to leases, conveyances, mortgages, powers of attorney, contracts of agency or guarantee, licenses and other documents, which are required to be sealed.

4.       EXPECTED OUTPUTS:

• Sound legal advice to Fund staff, Management and Board of Directors on government regulations, contracts, property, taxation, labor;
• On behalf of Fund, drafts legislation, regulations, and Memoranda of Understanding;
• Draft minutes and records of proceedings at Board/Committee and ExCo meetings;
• Presentations to the Executive Management and/or the Board of Directors;
• Efficient and effective management of all Board related activities.

5.       COMPETENCIES:

A.     Technical Competencies

• Litigation;
• Formulation and drafting of laws and regulations;
• Legal drafting and minute taking;
• Corporate governance and compliance;
• Formulation of banking and investment policies and procedures.

B.      Behavioural Competencies

• Accountability and Dependability: Takes personal responsibility for the quality and timeliness of work and achieves results with little oversight;
• Transparency and Integrity: Earns others’ trust and respect through consistent honesty and professionalism in all interactions;
• Team spirit and collaboration: Promotes cooperation and commitment within the team to achieve the Fund’s organizational goals and deliverables; Builds constructive working relationships characterized by a high level of acceptance, cooperation, and mutual respect
• Adaptability and Flexibility: Adapts to changing needs, conditions, and work responsibilities;
• Self-Management and thoroughness: effectively manage own time, priorities, and resources to achieve goals; Ensures that work is complete and accurate and independently follows up with others to ensure that agreements and commitments have been fulfilled;
• Communication: Shares and receives information using clear oral, written and interpersonal communication skills;
• Stress Tolerance/tact: Maintains composure in highly stressful or adverse situations, diplomatically handles challenging or tense interpersonal situations;
• Employee Engagement and enthusiasm: Demonstrates commitment to the job, colleagues, the Fund and its mission by acting in ways that further the accomplishment of its goals;
• People Management: Leads and engages people to maximize organizational and individual performance through alignment with the Fund’s mission and attainment of strategic and operational goals.
• Coaching and Mentoring: Enables co-workers to grow and succeed through feedback, instruction, and encouragement. Influences others to be excited and committed to furthering the Fund’s objectives; ability to gain other’s support for ideas, proposals, and solutions.

6.       MINIMUM QUALIFICATIONS AND EXPERIENCE:

• A First Class or Upper Second Class degree in law  from a recognized University is essential;
• Master of Laws in commercial or corporate law is essential;
• Postgraduate Diploma in legal practice is essential;
• A valid practicing  certificate is essential;
• 8+ years of legal practice in a public body or busy commercial enterprise is desirable;
• 5+ years’ experience in financial sector regulation and policy formulation is desirable;