Legal Officer Job at Innovate Holdings

Innovate Holdings is the holding company of Innovate General Insurance Limited, Innovate Capital Solutions Limited and Innovate Life Assurance Limited.

Innovate Holdings seeks to recruit suitably qualified and experienced people to fill the following positions.

LEGAL OFFICER 

Job Summary

Innovate Holdings is the holding company for three diversified financial subsidiaries with outlets across the country that provides high-quality products, services and financial solutions to the Retail and Corporate markets. We are looking for outstanding Human Resource with extensive experience at Senior Leadership level in high profile and complex environments with exemplary levels of performance history, who are decisive and tenacious, with a track record of delivering growth; and who attract and create talented, high performing teams:

Reporting;

This role reports directly to the Group Chief Operating Officer/Group Chief Executive Officer.

The overall objective of the Legal Officer is to plan, monitor and manage the day to day legal activities for the Innovate group of companies in accordance with the best practice Legal Framework and provide the necessary legal guidance. It is also to provide explicit and proactive guidelines in relation to Legal policies and international regulations that affect all areas.

Key Performance Areas (KPAs)

• Organizing board meetings and providing company secretarial services and support to the Board, Board Committee meetings and the Annual General Meeting of shareholders
• Preparation of board papers
• Attending board meetings and recording and preparation of Minutes
• Preparation and filing of board resolutions
• Preparation and filing of notices relating to the appointment and resignation of the directors on the board of the Bank
• Maintenance of all statutory records of the Bank
• Provide functional input to queries from the regulators, Bank of Zambia or Pensions & Insurance Authority, Patents and Companies Registration Agency (PACRA), Securities and Exchange Commission (SEC) and Lusaka Securities Exchange (LuSE)
• Filing of annual and other returns at PACRA
• Drafting and reviewing of all agreements for Innovate Holdings, and the subsidiary companies
• Identifying all legal and regulatory risks that the Innovate Holdings and the subsidiary companies are exposed to and keeping Management and the Board informed accordingly
• Reviewing security documentation and ensuring that the operating entities are adequately protected
• Managing and co-ordinating legal reporting
• Coordinating with external counsel for all matters of legal nature for the holding company and operating subsidiaries
• Custodian of the company seal and security documents
• Managing, supervising, appointing, coordinating, evaluating and supporting the external legal service providers of the group
• Know Your Customer (KYC) & Anti- Money Laundering (AML) training of all staff members
• Development and implementation of an effective legal compliance program (Compliance Risk Management Plans CRMPs)
• Addressing employee concerns on legal compliance
• Keeping abreast of internal standards and business goals
• Providing reports on a regular basis, and as directed as requested, to keep the Board and senior Management informed of the operation and progress of compliance efforts
• Responding to alleged violations of rules, regulations, policies, and procedures by evaluating or recommending the initiation of investigative procedures
• Acting as an independent review and evaluation body to ensure that compliance issues/concerns within the group of companies are being appropriately evaluated, investigated and resolved
• Providing legal advice, opinions and support on all matters affecting the Bank to the Board of directors and Management
• Ensuring compliance of the Bank and holding company with all legal, regulatory and supervisory requirements
• Core Competencies

Planning & Organizing

• Integrity and professional ethics
• Team player
• Persuasiveness
• Assertiveness
• Interpersonal Sensitivity
• Cross-functional awareness
• Problem Solving and Analysis
• Insight / understanding
• Delivering Results and meeting customer expectations
• Experience, Knowledge & Skills

At least 5 years’ experience in a similar environment

Critical Skills:

• Knowledge of all legislation relating to the Bank and Insurance sectors
• Computer literacy essential (Word, Excel and PowerPoint)
• Detail conscience
• Excellent leadership skills
• Excellent interpersonal relationship skills
• Must be able to operate independently on a high level
• Excellent drafting skills
• Excellent negotiation skills
• Excellent verbal and written communication proficiency in English

Qualifications

• Full grade 12 certificate, minimum of 15 points, with credits or better in Mathematics and English
• Bachelor’s degree in Law
• Minimum 5 years’ experience in a Corporate or Financial Institution
• A Master’s degree would be an advantage

Salary Scale

A gross annual rate of K100,000,  airtime is offered

Interested candidates meeting the above qualifications should submit their application letters, certificates and CV’s to [email protected].  Please indicate the job title in the subject of your e-mail .  The closing date is Tuesday 28^th May 2019.  Only shortlisted candidates will be contacted.