Legal Manager at I&M Bank Limited

Dar es Salaam, Dar es Salaam, Tanzania -

Full Time

Start Date

Immediate

Expiry Date

03 Jul, 26

Salary

0.0

Posted On

04 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Litigation management, Security documentation, Legal advisory, Corporate governance, Regulatory compliance, Contract drafting, Banking law, Dispute resolution, Stakeholder management, Analytical skills, Problem-solving, Professional ethics, Legal risk mitigation, Company secretariat

Industry

Banking

Description

Job Purpose The Legal Manager will provide legal support to the Bank by managing litigation, advising on legal and regulatory matters, and ensuring proper preparation, review, and perfection of security documentation relating to credit facilities. The role will also support corporate governance matters and company secretariat functions where required. Key Responsibilities/Tasks A. Litigation Management • Manage and oversee all litigation matters involving the Bank, including civil, commercial, and recovery-related cases. • Liaise and coordinate with external advocates and ensure effective representation of the Bank in court and other dispute resolution forums. • Monitor progress of ongoing cases and provide regular updates to management. • Review pleadings, legal opinions, and court documents prepared by external counsel. • Develop litigation strategies to protect the Bank’s interests and minimize legal risk. • Maintain an updated litigation register and ensure proper documentation of all cases. B. Security Documentation • Review, draft, and advise on security documentation related to credit facilities, including: Debentures, Charges over assets, Mortgages, Guarantees and indemnities & Assignments • Ensure proper perfection and registration of securities with relevant authorities (e.g., BRELA, Ministry of Lands, etc.). • Provide legal support to the Credit and Corporate Banking teams on structuring and documentation of facilities. • Ensure the Bank’s interests are adequately secured in all lending transactions. C. Legal Advisory • Provide legal advice to internal stakeholders on banking operations, contracts, and regulatory compliance. • Review and draft commercial agreements, contracts, and internal policies. • Ensure compliance with applicable laws, Bank of Tanzania regulations, and internal policies. • Identify legal risks and provide practical mitigation measures. D. Corporate Governance & Secretariat Support (Advantage) • Assist in company secretariat matters, including preparation of board papers, minutes, and resolutions where required. • Support compliance with corporate governance requirements and regulatory filings. • Assist with regulatory correspondence and approvals where necessary. E. Regulatory Compliance • Monitor legal and regulatory developments affecting the banking sector. • Ensure the Bank’s practices and documentation comply with applicable laws and regulatory requirements. • Support implementation of regulatory directives affecting the Bank. Educational Qualifications & Experience Bachelor’s degree in law (LLB). Admission to the Bar / Advocate of the High Court of Tanzania. Minimum 5–7 years of relevant legal experience, preferably in banking, financial services, or a reputable law firm. Experience in banking litigation and loan/security documentation is essential. Experience in company secretariat and corporate governance matters is an added advantage. Experience dealing with Bank of Tanzania regulatory requirements. Key Competencies Strong knowledge of banking laws and regulations in Tanzania. Experience in litigation management and dispute resolution. Strong drafting and contract review skills. Knowledge of security perfection and registration procedures. Ability to manage external counsel effectively. Strong analytical and problem-solving skills. Good communication and stakeholder management skills. High level of integrity and professional ethics. ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED. Location Dar es Salaam, Ilala Department LEGAL & COMPLIANCE Employment Type Full-Time Minimum Experience Experienced

Responsibilities

The Legal Manager will oversee litigation, manage security documentation for credit facilities, and provide legal advice on banking operations and regulatory compliance. Additionally, the role supports corporate governance and company secretariat functions to ensure the bank's interests are protected.