Job Summary

To handle complex legal matters, court proceedings related to debt, loan litigation and criminal cases, any tribunals; and to identify emerging trends associated with loan defaults that may affect the Bank.

Job Requirement

• Education: LLM/LLB Degree in Law.

• Experience: Minimum of 4/6 years relevant legal experience, of which 3 years in the banking sector.

Duties and Responsibilities:

• Prepare statements of claim, defense, other pleadings and memorandum of appeal with respect to loan recovery before courts to protect the Bank from emerging loss.

• Represent the Bank or ensure the Bank is appropriately represented in courts and any tribunals for issues related to loan litigations.

• Review court judgments and any tribunal orders and advise branches and concerned departments to comply with the decision.

• Follow up the implementation of courts and any tribunal orders.

• Follow up and advise on the defaulting loans and the termination of the legal and equitable title of properties held as collateral.

• Prepare of letters to public authorities and to defaulters for the execution of foreclosure activities.

• Prepare legal notices to defaulters for the settlement of arrears on loans granted by the Bank.

• Advise and follow up criminal cases related to loan issues.

• Review reports on the status of loan litigation cases and court decisions.

• Recommend of alternative way of case settlements for some disputes with defaulting clients.

• Follow up the auctioning of mortgaged/pledged property.

• Involve in conducting research aiming at improving systems and mechanisms of efficient loan recovery.

• Ensure the records of courts adjournments, other documents related to loan litigation and all the necessary legal documents or files are available and neatly and systematically kept in the Department both in hard and soft copy.

• Communicate results and court decisions to respective branches of the Bank.

• Interpret and prepare of circulars and memos on legal issues that could affect the activities of the concerned work unit of the department.

• Analyze the problem outcomes of cases based on legal precedents and determine the advisability of defending or prosecuting lawsuits.

• Prepare statement of claim, defense, pleadings, appeal, affidavit, memorandum, application, notices & legal instruments.

• Follow-up the proper institution and presentation of legal suits and/or statements of defense in all cases including judgment execution process and appeals.

• Represent the Bank before courts of law, judicial tribunals, and other similar organs in relation to loan litigation cases and criminal cases.

• Attend court cases, conduct litigation, and report progresses on each adjournment.

• Participate in meetings and negotiations called by the Bank or external organs.

• Represent the Bank in any government, public or private organs, courts of law, judicial tribunals, etc.

• Follow up crime cases handled by the police, prosecutor, court, or other similar crime investigation offices or government organs.

• Maintain current knowledge of alteration in legislation.

• Maintain team work at all operational levels and up keep good working relations with internal and external customers of the Bank.

• Take appropriate action and deliver results within the given service delivery time set for each work process.

• Handle and follow-up cases assigned to him/her end to end until the final response/decision reaches the requester.

• Prepare and deliver progress performance reports on court attendance to Supervisors immediately after return.

• Report to his/her supervisor on current status of pending cases.

• Follow up advisory and non-loan related litigation cases in courts and other tribunals as assigned by Director.

• Perform other related duties as assigned by the supervisor.

How to Apply

We would like to inform you that you can get detailed information about the requirement and apply for the positions by logging in to the bank’s career site THIS LINK

Job Requirements Master of Laws (LLM) or Bachelor in Laws (LLB) or in a related field of study with relevant work experience of which 3 years in the banking sector. How to Apply Click on the apply button below.