Our client is seeking a Junior Associate in fulfilling the credit compliance function in transaction execution, post-transaction monitoring and support for recoveries
Main job function
Assisting with the vetting of the terms and conditions of deals from a legal perspective prior to the Credit Committee approving a deal
Performing KYC/FICA/AML/PEP checks on clients
Drafting legal agreements and related documents from standard templates (e.g., Loan Agreements, Pledge and Cession Agreements, Guarantees, etc.)
Instructing attorneys to attend to the registration of securities (e.g., mortgage bonds, special notarial bonds, etc.)
Liaising with colleagues regarding conditions, implementation and execution of deals
Ensuring compliance with all other conditions of a deal prior to disbursing funds on a deal
Assisting with general recovery matters (e.g., Sending letters of demand, liaising with external attorneys, etc.)
General monitoring of portfolio
Provide legal advice and services to the organisation and its employees in corporate and commercial matters
Draft Term Sheets, ensuring they encapsulate the terms of the credit approval and perform general administration in respect of the facility agreement preparations and finalisation
Attend to queries from credit analyst, operations and clients, providing legal expertise to the Credit Committee
Draft documentation including regulatory required documents, non-standard security agreements and resolutions.
To ensure that all client documents are up to date and signed off correctly and all required information is loaded onto the system
Law Degree
Admitted Attorney
1-2 Years Post Articles work experience
Commercial Litigation experience - mandatory
Understands the impact of incorrect compliance paperwork
Attention to deal
Organized & professional work ethic
Ability to take initiative and learn quickly
Excellent communication skills (verbal and written)
Comfortable in engaging with customers at all levels
Comfortable dealing with conflict and litigation related to recoveries
Techno Savvy
A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.
