VisionFund Tanzania Microfinance Bank Limited is a fast growing and reputable Micro-Finance-Bank (MFB), it has an outstanding loan portfolio of Tshs. 24 billion and an existing customer base of 54000 clients and over 5000 of the total customer base are smallholder farmers. VFT MFB is an equal opportunity employer looking for dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant positions detailed here below:
Work reference no. 4
Position: Legal Officer
Reporting to: Head of Risk and Compliance
Job Role: To oversee all the legal aspects of VET business ensuring that all departments and branches are strictly following law guidelines giving appropriate legal advice to management about relevant issues
Main Duties
Give accurate counsel to Management and branches in a variety of legal issues in a timely manner
Collaborate with Head of Risk to devise efficient defense strategies on partner disputes or court cases
Support Head of Risk in specifying internal governance policies, develop legal tracking log and regularly monitor compliance
Research on market developments, evaluate different risk factors impacting VFT business products and advise management.
Maintain current knowledge of changes in legislation. Apply effective risk management techniques and offer proactive advice on possible legal issues involved.
Support management in negotiating MOU contracts with external business partners providing clarification on required legal language or specifications to management
Manage relations with regulators, police, courts, public authorities, administrators etc creating relations of trust
Own all bank litigations and coordinate the activities of external lawyers on outsourced legal cases. Ensure timely closure of exposures involved.
Manage external debt collectors on hard core and written off loans and ensure timely collection in excess of targets given
Draft and solidify agreements, contracts and other legal documents to ensure the company’s full legal rights are always prelected
Perfect loan documentation relating to high value loans appropriately especially on SME and Asset Finance loans
Education & Special Personal Abilities
University degree in Law
Graduate from Law School of Tanzania
Proficient with Microsoft applications.
Three years working experience as an Advocate is an added advantage Kcnuircd Soft Skills
Excellent character and unquestionable integrity.
Determined personality with initiative, perseverance and the ability
Capability and willingness to take responsibility and highly developed sense of reliability and correctness.
Networking, negotiating, and problem solving skills
Good trainer, facilitator, mentor and coach.
Working Environment & Remuneration.
VisionFund Tanzania has a calm and harmonious working environment where all staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.
Application letters stating the position applied with photocopies of certificates and CVs with three referees should be sent EITHER online to vftHRstaff@vftz.co.tz OR through the below postal address.
The Chief Executive Officer,
VisionFund Tanzania Microfinance Bank Limited
P.O. Box 1546, Arusha.TANZANIA.
The application to reach VFT-MFB not later than two weeks after the first appearance of this advertisement
N.B. Only short-listed candidates will he contacted
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