Legal Officer Employment Opportunity – EFC Uganda Limited (MDI)

Job Title:   Legal Officer
Organisation: EFC Uganda Limited (MDI)
Duty Station:  Kampala,

About US:
EFC Uganda Limited (MDI) is a deposit taking Microfinance Company
supervised by the Bank of Uganda and providing financial services to micro and
small size enterprises (MSEs).
Commencing operations in 2012, the purpose of the EFC Uganda Limited
(MDI) is to provide increased access to specialized financial services for
entrepreneurs while contributing to wealth creation, improvement of living
conditions and development of the Ugandan private sector. Owned by
international and local investors, EFC Uganda is distinctive in its emphasis on
local development through a collective ownership scheme.

Job Summary: The Legal Officer will ensure customer loans are
properly documented closed and that loan/collateral agreements are well
understood by the borrowers. S/he also ensures the development and
implementation of legal processes for the seizure and disposal of collateral
assets for loans in serious default. Reporting to the Disbursement Compliance
Manager/DID Credit Advisor. The Legal Officer will minimize EFC credit risk by
ensuring proper loan documentation and customer closing, correctly validating
collateral and registering the collateral agreements. He /s she will also
conduct, without affecting the continuation of business, all legal procedures
for collateral liquidation when applicable.

Key Duties and Responsibilities: 
The Legal Officer is primarily responsible to:
  • Support the Disbursement Compliance
    Manager/DID Credit Advisor in effective credit risk management;
  • Keenly verify the accuracy of information
    related to assets pledged as collateral;
  • Design, develop and implement the use
    collateral documents required for processing loan files;
  • Ensure the safeguard of legal documents
    pertaining to assets given as collateral;
  • Technically support Credit Officers with
    collateral identification as required;
  • Support Credit Officers with loan recovery
    activities as required;
  • Perform the required legal procedures for
    the liquidation and disposal of assets pledged as collateral;
  • Ensure appropriate follow-up of EFC credit
    portfolio performance indicators and make/recommend appropriate corrective
    action as deemed necessary;
  • Develop, recommend and implement action
    plans to minimize credit risk.
  • Ensuring the validation, registration and
    realization of collateral as required;
  • In charge of validating and obtaining
    signatures for loan agreements;
  • Ensuring the registration of loan agreements;
  • In charge of validating supporting
    documents that demonstrate property rights/ownership of the assets being
    pledged as collateral;
  • Responsible for establishing the market
    value of assets being pledged as collateral with the assistance of
    external experts as required;
  • Establishing the legal processes for
    seizure and sale of assets in the event of default;
  • Asking a notary to draw up the legal
    documentation, when necessary;
  • In charge of validating the registration
    of assets given as collateral;
  • Ensuring the safeguard of the legal
    documents in a secure fireproof location;
  • Managing loan recovery activities and
    supporting Credit Officers as required;
  • Appointing a bailiff for the seizure and
    sale of assets pledged as collateral;
  • Ensuring communication of information to
    all stakeholders involved in the collateral recovery and realization
  • Actively participating in the development
    of the EFC business plan as required;
  • Proposing quality risk management
    objectives according to the strategic direction and goals of the EFC;
  • Performance of any other related duties
    and responsibilities as assigned by the Disbursement
  • Compliance Manager/DID Credit Advisor.

Qualifications, Skills and Experience:  
  • The applicant should hold a Bachelor’s
    Degree in Business Law;
  • The incumbent should also hold a Post
    Graduate Diploma in Legal Practice.
  • At least two (2) years of work experience
    in Housing and/or MSE lending Legal experience in the financial services
  • Innovative problem solving skills;
  • Strong people/relationship skills with a
    customer service and teamwork orientation;
  • Action and results oriented with good time
    management and analytical skills;
  • Excellent oral and written communication
    skills in English.
  • Fluent in English and Luganda.

How to Apply: 
All suitably qualified and interested candidates are requested to
submit a letter of interest explaining their motivation for the position applied
for together with their Curriculum Vitae, three professional references and
copies of academic certificates/diplomas. The 
should be sent to:

Deadline: 1st May, 2015

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