April 20, 2024

Apply for Team Lead, Security Documentation & Transactional Support – SRFs Job Recruitment at First Bank. This First Bank of Nigeria Limited Vacancy and ongoing recruitment is open candidates, so kindly apply as quickly as potential.

Team Lead, Security Documentation & Transactional Support – SRFs Job Recruitment at First Bank of Nigeria Limited Details

Job Title: Team Lead, Security Documentation & Transactional Support – SRFs

Job Identification: 847
Location: Lagos
Job Schedule Full time
Job Shift: Day
Job Category: FBN GEN. JOB FAMILY

Duties and Responsibilities

  • Prepares and opinions of varied kinds of safety documentation similar to Direct Legal mortgages, Tripartite Legal Mortgages, All Asset Debentures, Specific Asset Debentures, Chattel Mortgages, Ship Mortgages, Loan Agreements, Negative Pledges and so on.
  • Reviews paperwork submitted by Relationship Managers for completeness and affirmation of adequacy of such paperwork for perfection to CRM and related enterprise models.
  • Monitors perfection/upstamping workout routines, together with acquiring common updates from External Solicitors, procuring Bank Cheques for statutory funds, attending to requests from External Solicitors, gives common updates on perfection standing to Credit Risk Management and related enterprise models and usually facilitating the perfection course of with the intention of making certain similar is concluded promptly and inside stipulated timelines.
  • Reviews concluded perfection/upstamping workout routines to make sure that similar are correctly carried out, and thereafter forwards the perfected safety paperwork to the suitable Branch/Department for safekeeping.
  • Monitors collation of information on search, verification, perfection and upstamping workout routines for document holding functions with respect to transactions underneath the accountability of the Team.
  • Provides authorized advisory providers to the varied models of the Bank on points referring to safety documentation.
  • Provides authorized advisory providers in respect of safety preparations in syndicated lendings, together with overview of Inter-lenders Agreements and Security Trust Deeds and attends syndication conferences.
  • Provides transactional overview and documentation help and authorized advisory providers to the Bank’s Strategic Business Functions (SRFs), together with however not restricted Corporate Transformation, Human Capital Management & Development, E-Business & Retail Products, Information Technology, General Services, Procurements, Information Security, and so on
  • Preparation and Review of Master Service Agreements, IT Professional Services Contracts, Service Level Agreements(SLAs), End User Licenses Agreements (EULAs), Statement of Work Agreements (SOWs) Non- Disclosure Agreements(NDA), Contract Requisition Agreements,  Media Engagement Agreements, Audit Services Agreements, Staff Service Contracts, Procurement Engagement Letters and Contracts for the next SRFs: ISOD, Information Technology Department, M&CC Department, Financial Control Department, Procurement Department, General Services Department, Corporate Transformation, HCMD, Internal Audit Department, Security Department and  Internal Control Department.
  • Provides Advisory Services on Intellectual Properties, and registration and renewal of all Bank’s Trademarks, Tradenames and Licenses.
  • Provides second degree opinions of contract drafts and authorized opinions from Legal Officers within the Unit, with obligatory modifications and steering.
  • Ensures that the calling-in of lending on Borrowers and Guarantors in respect of delinquent Facilities is predicated on the phrases of Management’s approvals and carried out together with Recovery & Classified Assets Managements Departments, Business Units and Strategic Resource Functions, together with getting ready Letters/Deeds of appointment and discharge of Receiver/Managers as applicable.
  • Provides and analyzes info to inside Customers on necessities of safety documentation as stipulated by numerous legal guidelines and administrative guidelines of the varied land and company registries.
  • Advises the Business Groups, and undertakes applicable documentations for perfection of securities on General Lending, Project Finance, Maritime Financing, Aircraft Financing and Corporate Finance.
  • Attend conferences with Relationship Managers and prospects on points referring to safety documentation.
  • Ensures that the database on the standing of perfection of the Bank’s safety curiosity in respect of all amenities granted by the Bank is successfully maintained and managed.
  • Prepares/opinions Bank Guarantees, drafts of all species of native and cross-border Bonds and Guarantees, and vets drafts of devices ready by counterparties to make sure there are not any opposed clauses and that the curiosity of the Bank is sufficiently protected.
  • Supervises/guides different officers within the Unit on issues pertaining to safety documentation.
  • Lead, nurture, practice, develop and encourage the Team members with strong job content material and difficult assignments.
  • Provides, underneath the management of the Unit Head, pragmatic authorized recommendation and options to the Bank and its subsidiaries on a broad vary of authorized points.
  • Reviews credit score approvals (Form 3800B)/Offer letters and advises on essentially the most optimum transaction construction that finest protects the Bank’s curiosity while assembly its industrial targets.
  • Liaises straight with External solicitors to make sure that financial institution’s transactions particularly being dealt with by the workforce are promptly pursued, acted upon and concluded in good time.
  • Performs every other duties as could also be assigned by the Unit Head and/or the General Counsel.

Educational Qualification

  • First Degree in Law;
  • Professional Qualification/License to observe Law in Nigeria;
  • Masters’ Degree or a related skilled qualification will probably be a bonus.

Experience:

  • Must have 6-12 years post-call personal regulation observe and/or in-house company expertise in the same position in a monetary establishment, regulation agency or company establishment.

Key Competency Requirements
Knowledge:

  • Good understanding of the Laws regulating the Financial Services Industry.
  • Extensive information of the Bank’s insurance policies and procedures.
  • Knowledge of regulatory insurance policies and the enterprise surroundings.
  • Ability to handle authorized dangers.

Key Skills:

  • Excellent drafting abilities
  • Detail oriented
  • Analytical & drawback fixing abilities
  • Delegation abilities
  • Team constructing, human and interpersonal abilities.

Application Closing Date
twenty fourth July, 2023; 12:10.

How to Apply
Interested and certified candidates ought to:
Click here to apply online

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