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Wednesday, August 23, 2017

Legal and Compliance Officer Job at Platinum Credit - Career Opportunity in Uganda

Vacancy title:
Legal and Compliance Officer

Jobs at:
Platinum Credit

Deadline of this Job:
8th September 2017

Duty Station:
Kampala, Uganda

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Job details:
Platinum Credit (U) Ltd is a subsidiary of Platcorp Holdings Ltd which operates as a holding company and through its subsidiaries provides emergency loans to individuals in the East African region. They are a leading Regional Micro Finance Company providing emergency loans to employed individuals in Eastern Africa with a branch network in Uganda, Kenya and Tanzania. Platinum Credit (U) Ltd has introduced a new product available to formally employed persons working in the Private Sector.

Job Summary: The Legal and Compliance Officer will be guiding management on regulatory legal issues and overseeing the management of regulatory legal risks.

Key Duties and Responsibilities:
  • Provide legal advice to management and staff on issues relating to the operations, procedures and policies governing the general business of the organization.
  •  Work closely with external law firms, ensure registration of PLATINUM CREDIT UGANDA LIMITED’s interest namely caveats mortgages, further charges and debentures on documents on title pledged by clients by managing the registration of the company documentation and interests in the pledged securities with different government registries.
  • Work in liaison with external law firms, ensure due diligence is conducted on individual borrowers, companies, organizations, associations, partnerships and loan securities pledged by clients.
  •  Draft and review all legal documents and other collateral securities relating to PLATINUM CREDIT’s business.
  •  Routinely appear in courts of law with external lawyers and any other fora and design appropriate litigation strategy to monitor progress of litigation matters.
  • Providing legal advisory and interpretation services to management and staff to ensure compliance with the law.
  •  The jobholder will be perusing and drafting contracts between PLATINUM CREDIT and its clients and other third parties where and when necessary.
  • Providing advice on litigation matters and monitor assignments with external lawyers.
  • Perusing, drafting, renewing, reviewing and editing of loan documents and loan files where and when necessary.
  • Tasked with managing all security documents pledged by borrowers by ensuring the same is stored in a safe place.
  • Preparing release letters for securities after completion of the loans.
  •  Providing general legal advice on legal recovery processes and drafting the necessary notices for example demand notices, default notices, recall notices, etc.
  •  Research, develop, implement, maintain and monitor the compliance activities of the organization.
  •  Ensure that each department of the organization follows all applicable laws and regulations.
  •  Responsible for compliance audits and examinations, the dissemination and analysis of new or revised laws and regulations, research on compliance issues, compliance training, and their organization’s overall compliance policies and procedures.
  • The incumbent designs internal policies and procedures to ensure compliance with the law both internal and external.
  •  Constant communication with senior management where necessary to ensure the company is informed on regulatory issues and updates.
  • Advise, oversee and train staff on compliance procedures.
  • Issue investigations related to possible non-compliance or ensure compliance is taking place.
  • Providing advocacy to PLATINUM CREDIT on legislative and regulatory matters.
  • Providing counsel and legal support to Management on engagements with regulators and coordinating communication to key stakeholders on legal and regulatory issues.
  • Tasked with managing litigation relating to regulatory issues, overseeing and supporting the work of external legal firms in that regard and advising Management on litigation strategies.
  • Guiding management and providing support to staff of PLATINUM CREDIT on implementation of regulatory requirements and obligations arising from laws, regulations and licensing agreements.
  • Tasked with monitoring legal, legislative and regulatory developments that may affect PLATINUM CREDIT and advising Management and the Board as deemed appropriate.
  •  Work closely with other departmental heads, overseeing regulatory and license compliance within PLATINUM CREDIT including overseeing licensing and certificate applications.
  •  Providing legal support on legal related matters and drafting relevant documentation and communication to the Regulatory Authority, with respect to any matters within its mandate.
  • Offering legal support to all departments in ensuring implementation of laws and directives and adherence to legal, regulatory and license obligations.
  •  Performing any other duties as may be assigned by management from time to time.

Qualifications, Skills and Experience:
  • The ideal candidate for the Legal and Compliance Officer job placement must hold an Hons LLB degree from accredited university.
  • Possession of a Diploma in legal practice from LDC will be an added advantage.
  • One year of experience in a similar position preferably in a financial institution.
  • Computer literacy skills
  • Excellent numerical and analytical skills.
  • Excellent interpersonal and communication skills.
Job application procedure

All suitably qualified and interested candidates should send their applications, detailed CVs (in Ms Word format) and testimonials (in PDF format) to the address below; (total email size should not exceed 2MB)
The Ag. HR Manager,
Platinum Credit (U) Ltd
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