Head of Legal Job in Nairobi – Kenya Mortgage Refinance Company (KMRC)

The Kenya Mortgage Refinance Company (KMRC) was established as a key institution to support the Affordable Housing Pillar of the Government’s Big 4 Agenda.

In establishing KMRC, the Government adopted a public private partnership (PPP) arrangement with majority private sector ownership.

KMRC is a newly established non-deposit taking mortgage liquidity company under the supervision of the Central Bank of Kenya with the core mandate of mobilizing and providing long-term funds to primary mortgage lenders (Banks, Microfinance Banks and Saccos) in order to increase the availability and affordability of mortgage loans to Kenyans.

In order to drive our strategy, we seek to recruit suitable candidates in various positions who will support KMRC in attaining its commitment to affordable housing for Kenyans.

We require a suitable candidate to fill the following position:

Head of Legal

Location: Nairobi

Positions: 1

Job Ref: HR 4/1/2020

Purpose of the Job: Responsible for managing contract preparation & review, board meetings & related documentation, litigation, and providing legal advisory to management and the Board on the appropriate course of action.

Duties and Responsibilities

The duties and responsibilities are as follows:

I. Managerial Roles and Responsibilities:

a) Oversee the delivery of corporation secretarial services to KMRC’s Board of Directors and coordinate the business of the Board;

b) Negotiate and manage the drafting of Contracts / Agreements/MoUs and other legal documents between KMRC and other parties to ensure that the interests of the Company are protected;

c) Ensure that KMRC complies with relevant legislation/Regulations and Guidelines/rules and keep abreast with legal reforms;

d) Coordinate and facilitate the induction and training of Board members;

e) In consultation with external counsel where applicable provide legal advisory and opinion to KMRC to support strategic decision making;

f) Advise the Board and Management on requirements for compliance with corporate governance codes and relevant legislation;

g) Oversee the procurement of legal services providers and their effective management to ensure delivery of quality legal services;

h) Undertake legal research on best practices on matters relating to KMRC core business and propose appropriate determinations, decisions or recommendations thereon;

i) Undertake continuous and periodic review of executed contracts to ensure effective contract management;

j) Ensure safe custody of contracts and agreements and track their validity;

k) Represent the KMRC’s in legal proceedings, including amicus briefs;

l) Represent KMRC in resolution of complaints through mediation, negotiation and reconciliation;

m) Prepare periodic reports on legal disputes and remedial action taken by KMRC;

n) Participate in the preparation of work plans, procurement plans, progress reports, and other statutory reports of KMRC;

o) Prepare Legal and advisory opinions;

p) Provide recommendations or remedial alternatives for resolution of disputes;

q) Exercise supervisory and disciplinary control over officers’ subordinate to the position;

r) Advise the Board, Management and staff on changes to the laws affecting the company from time to time;

s) Participate in developing and leading corporate legal strategy to promote and protect the company’s matters;

t) Participate in internal audits and corporate compliance programs;

u) Oversee delivery of legal services and resources to accomplish corporate goals, strategies and priorities;

v) Supervise the team of corporate counsel in the Legal department.

II. Operational Roles and Responsibilities:

a) Undertake all conveyancing activities in relation to KMRC refinancing operations;

b) Review progress of outstanding litigation and liaising with and managing external lawyers;

c) Monitor the execution of Board Resolutions;

d) Maintain records of contracts, leases, loan agreements and the covenants therein;

e) Provide timely information on renewals or termination of contracts/agreements;

f) Draw up contracts, lease documents, loan agreements and other legal documents;

g) Liaise with relevant departments to ensure that where legal risks have been identified, appropriate courses of action have been taken;

h) Provide and interpret legal information, conduct training and disseminate appropriate legal requirements to staff;

i) Coordinate follow-up of all court cases facing the Company and attend hearings where necessary, follow up on judgements and costs on behalf of the Company;

j) Follow up with HODs on where action needs to be undertaken on matters arising from board meetings;

k) Ensure that all physical and electronic records including confidential and sensitive Company documents are always safely kept and a record of the same retained;

l) Compile board reports/board pack and power point presentations for board meetings; and

m) Take minutes in board meetings;

III. Perform any other duties as may be assigned from time to time

Key Result Areas:

The jobholder’s accountability areas are outlined as follows:

  • Submission of accurate, timely and relevant reporting on legal activities
  • Compliance with statutory obligations
  • Management of contractual risks
  • Successful implementation of quality control standards for services offered by the department
  • Continuous improvement of services through efficient working
  • Enforcement of relevant guidelines, rules and regulations
  • Efficient coordination of meetings as may be assigned
  • Efficient management of filing and document retrieval system
  • Ensure customer satisfaction for the consumers of the services offered by the department.

Department: Legal Services

Position Reports to: CEO

Position Supervises

  • Legal Officer

*Required Master: N/A

* Required Degree: Bachelor of Laws

Required Skills

Knowledge and Skills Required:

The jobholder must possess:

  • A Bachelor of Laws degree from a recognized institution
  • A Postgraduate Diploma in Legal Studies from the Kenya School of Law
  • Must be a member of the Law Society of Kenya with a current practicing certificate
  • An advocate of the High Court of Kenya
  • A minimum of ten (10) years relevant experience
  • Should have thorough knowledge of the financial sector as well as knowledge of regulatory requirements;
  • Must have ability to plan, organize, implement and evaluate assigned goals
  • Must demonstrate ability to handle multiple and conflicting priorities, and work under strict deadlines;
  • Should have strong analytical and be result oriented;
  • Must have high standards of integrity and ethical practice;
  • Must be capable of functioning effectively both as a team player and a team leader;
  • Must have management skills;
  • Must have ability to accurately plan work assignments, prioritize tasks and deliver deadlines;
  • Should have problem solving and decision-making abilities;
  • Should be an effective communicator with the ability to handle both internal and external communication;
  • Should have effective people management and conflict resolution skills;
  • Must have knowledge in use of MS office packages.

How to Apply:

CLICK HERE to apply online

Applications should be received on or before close of business on 28th February, 2020.

KMRC is an equal opportunity employer and qualified applicants from all backgrounds are encouraged to apply.

KMRC Website: https://kmrc.co.ke/careers

Legal and Corporate Affairs
Updated: February 17, 2020 — 7:26 am