• Company: First Capital Bank Zambia
• Location: Lusaka, Lusaka Province, Zambia
• State: Lusaka
• Job type: Full-Time
• Job category: Legal Jobs in Zambia

First Capital Bank Zamia invites applications from suitably qualified candidates with relevant experience for the position below aimed at contributing to the Bank’s strategic vision, in the Risk and Compliance Department, Reporting to the Chief Risk Officer.

LEGAL AND COMPLIANCE MANAGER

JOB PURPOSE

The Legal and Compliance Manager leads the Compliance Function within the Bank providing strategic direction and focus and needs to develop Bank-wide compliance coverage plans and achieve the Compliance Function’s targets and serve as Company Secretary for the Bank; facilitating all Board activities and ensuring good information flows within the board and its committees and between senior management and non-executive directors.

Under the supervision of the Chief Risk Officer, the following are among the Job Key Responsibilities:-

• Track all issues and requests made by Bank of Zambia, Financial Intelligence Centre etc. to ensure that they are resolved in good time.
• Send regular updates to management on compliance issues to ensure that no identified issues “fall through the cracks”.
• Ensure compliance with the Bank’s policies by all Bank employees
• Carry out assessments to ensure that compliance issues are being managed as prescribed and checking all controls to ensure that they are designed efficiently and are working in mitigating and managing risk.
• Perform independent observation on the application and adherence to the bank regulations and process within the administration environment within branches.
• Play a key role in the planning and execution of all Board Committee meetings, including oversight of logistics. Key activities include, but are not limited to:
• Initial review and coordination of agendas and negotiation with various stakeholders to finalize meeting agendas
• Oversight and coordination of the Board Committee meetings material mailing process
• Play a key role in the preparation of material for the meetings, coordinate Committees, and Board papers by collecting from departments. Follows up with departments regarding any pending papers/items Communicates status of Board paper(s) to appropriate individuals at Company’s
• Utilises Board Books to upload new papers and revised papers for monthly Committees and Board meetings
• Assist with the preparation of the Board Committee meetings minutes, and liaise with various stakeholders to ensure accuracy and reflection of the substance of the meetings
• Attend and take minutes of the allocated Board Committee meetings.
• Oversee the preparation and management of rolling agendas and follow-up trackers, accurately reflecting matters for submission at Board Committee meetings
• Acts as custodian of confidential corporate documents and records. Acts as liaison with Board of Directors. Prepares correspondence and presentations for events, meetings, etc. Meets strenuous deadlines
• Filing and maintenance of board papers (including stamping of documents). Ensures all documentation is placed properly in Board Books and binders for monthly Committees and Board meetings
• Responsible for planning all details pertaining to meetings and /or events including national and international locations including planning and arranging travel for directors
• Ensuring good information flows within the board and its committees and between senior management and non-executive directors, as well as facilitating induction and assisting with professional development as required
• Ensuring compliance with corporate law and regulations
• Communicating with shareholders –issuing circulars, paying dividends, answering questions and organizing shareholder meetings
• Rendering effective legal assistance in the preparation of legal opinions, studies, reports, and correspondence as required from time to time
• Keeps management apprised of new legislation and regulations regarding the institution.
• Supervising the preparation of responses to all legal documents served on the bank
• Directly supervising and coordinating all relationships with outside counsel retained by the institution and reviews all legal bills submitted to the Legal Department for propriety and reasonableness of charges payment
• Offering counsel on a variety of legal issue and advising on contract status, legal risks, and the legal liabilities associated with different deals
• Researching and anticipating unique legal issues that could impact the Bank
• Other duties may be assigned.

REQUIRED COMPETENCIES/EXPERIENCE

CRITICAL KNOWLEDGE/QUALIFICATION:

• Bachelor’s Degree in Law with at least three years’ post qualification experience.
• Must have a valid practicing license
• Must be a member of the Bar
• Must have a clear understanding of current Banking Rules and Regulations
• Must be updated with current Banking and Financial sector legislation.

CRITICAL SKILLS:

• Business awareness and management skills;
• Organizational skills and the ability to understand detailed information;
• Computer and numeracy skills, with strong skills required for MS Word/Excel/PowerPoint
• Strong interpersonal skills to form effective working relationships with people at all levels;
• Discretion
• Must have high integrity and must be approachable

CRITICAL EXPERIENCE:

• Minimum of three (03) years post qualification experience
• Minimum of 3 years’ experience in a Banking environment
• Experience in dealing with Senior/Executive Management
• Experience researching and giving legal opinions

 

How to Apply

All applications MUST have an application/cover letter, and a detailed Curriculum Vitae indicating the position being applied for in the subject line and should be sent by email to [email protected] no later than Wednesday, 31st January 2018. All Applications should be addressed to the Head Human Resources and Administration, First Capital Bank, KPTF Building, LUSAKA.

ONLY SHORTLISTED APPLICANTS WILL BE COMMUNICATED TO.

First Capital Bank provides equal opportunity in employment for all qualified persons and prohibits discrimination in employment (women are encouraged to apply).