NAFASI Za Kazi Selcom Microfinance Bank Tanzania

Position: Head of Legal & Company Secretary

The ideal candidate will possess strong leadership skills and must have a proven ability to drive operational excellence. A competitive remuneration package will be offered in line with the salary structure of the Bank.

Job Role

• The candidate is required to oversee the corporate governance practices, provide expert guidance on corporate compliance and governance, legal matters including effective litigations, legal interpretation especially in respect of terms, legal or contractual documents.
• Develop thoughtful and impactful Legal Strategy and subsequent annual plans in accordance with the Bank’s Business Plan/Strategy.
• Utilize a logical mindset to make well-informed decisions, balancing legal considerations with practical business needs.
• With business acumen to smartly and proactively provide legal guidance, mitigate risks, ensure compliance, and drive business growth.
• Providing leadership in ensuring accurate and timeliness in drafting, review and monitoring of the Banks’ contracts, agreements and other legal documents (e.g. tenancy agreement).
• Select and recommend the appointment of external solicitors for the Bank in accordance with procurement guideline/policy and legal procedures, subject to the approval of the CEO on the exceptions needed.
• Manage governing Board processes for the bank by providing secretariat services (coordinating, arranging and attending AGM, EGM, Board of Directors and Committee meetings, managing agendas and action points, taking minutes) if and when required.
• Maintaining statutory records, including the company’s register of members, directors, and shareholders and acting as a liaison between the company and its shareholders, ensuring their rights are protected.
• Monitor regulatory compliance areas and relate activities on a continuing basis, taking appropriate steps to improve its effectiveness.To ensure robust compliance with banking regulations and corporate governance standards while providing expert legal counsel to the Board of Directors and Management to facilitate strategic decision-making.

Minimum Requirements

• University Law Degree or preferred Master’s degree in Law or Postgraduate.
• Active registered Advocate of High Court.Proven experience and ability to read, analyse and interpret statutes and governing laws of United Republic of Tanzania and Bank of Tanzania Regulations, trade journals, legal documents.
• At least 5 years’ experience in a Senior role in Legal, of which at least 3 years as Head of Legal and Company Secretary in the financial sector, preferably banking.
• Excellent knowledge of the legal system, especially banking, company, commercial, contractual and civil laws, including experience in coordinating Board of Directors meetings and business registrations.
• Company Secretary Certifications is added advantage.Trained on Leadership and Practicing with Banking experience are an added advantage.

Ajira Mpya Kutoka Selcom Microfinance Bank Tanzania

Deadline  is April 06, 2025.

Position:  Junior Legal Counsel

Duties and Responsibilities:

• Execute Bank’s operations in compliance with the law and that Bank’s interest is fully protected at all times.
• Legal representation in Courts of Law for defence and prosecuting civil suits in the best interest of the bank.
• Coordinate, support and conduct recovery activities including; assisting in conducting investigation, providing technical guidance in handling recoveries; updating credit & recovery status of court orders restraining the bank.
• Make a close follow up to see the bank recovers its Monies.
• Represent the Bank in Auctions and coordinate with Auctioneers to ensure respective collaterals are auctioned per the law and as per bank procedure.
• Handling customer interactions to maximize cash recoveries and ensure recovery action is appropriate to the customer’s circumstances
• Manage the daily activities, schedules, diaries and documents of the team, as needed and have a strong ability to prioritize multiple requirements while being an excellent team player.
• Provide fast response and work with utmost discretion and confidentiality and provide effective positive feedback/ reports to supervisor on the status of legal activities
• Ensure record keeping and tasks/case tracking is done and providing reports to supervisor on the status of legal activities.
• Timely execute all assigned tasks and assignment.
• Ensure drafting, review and monitoring of the Bank’s Legal documents (e.g Pleadings etc)

Selection Criteria and Qualifications

• Minimum of 1-year experience in the same field.
• Honest person with high integrity and independence who will observe professional ethics in executing his/her duties
• Registered Advocate of the High Court of Tanzania.
• Ability to use Microsoft Word, Excel and basic computer software
• Ability to work well independently as well as with others
• Ability to prioritize Bank tasks according to their operational and strategic importance
• Ability and willingness to learn and improve on the job.
• Analytical, proactive and team player.

Please send your application letter, copies of academic certificates and updated CV by email to: career@smfb.co.tz

Application letter should explain why you fit for this position.

Deadline for applying to this position is 10th of April, 2025.

JIUNGE NA GROUP LETU HAPA, JIUNGE NA CHANNEL YETU HAPA, JIUNGE NA TELEGRAM HAPA.