Role Summary
To maximise collections from defaulting clients, provide sound legal support to post-investments unit where there are emerging defaults on loan servicing. Active involvement in deal re-structuring, understand and analyse the commercial aspects of the transactions and give expert legal solutions.
Outputs
- Maximise Legal collections from defaulting clients through negotiating payment arrangements and instituting legal proceedings in Court,
- To provide sound legal support to post-investments unit where there are emerging defaults on loan servicing. Active involvement in deal re-structuring, understand and analyse the commercial aspects of transactions and give expert legal solutions,
- To provide prompt and sound legal advice and support to the NEF in particular the Post Investments Department & Turnaround, Workouts and Restructuring department,
- Manage budgets and relationships with external lawyers,
- To address all legal matters relating to the NEF and its investee companies, implement amendments to funding structures and terms and negotiation of contracts with investee companies or third parties,
- Provide general legal advice to the NEFs various departments,
- Pursue criminal charges against investees and third parties who have committed fraud against the NEF,
- Mentor Legal Advisors.
Recoveries
To provide legal input to submissions on existing investments prepared for the Portfolio Management Committee and other committees,Implement Committee decisions to recover monies, ensure rights of NEF are protected,Negotiate settlements,Brief external attorneys,To implement and monitor debt recovery, litigation, liquidation and all other legal and Court processes, whether or not outsourced to external law firms.Turnarounds, Workouts, Restructures
Business rescue, turnarounds and restructuring.Understand instruments, draft agreements, litigate, sequestrate.To implement the restructuring of companies, draft and review all legal agreements relating thereto.Experience / Skills Required
At least 5 years experience post articles experience in similar environment i.e. DFIs, Banks, Private equity, Private Legal Practice, etc.At least 5 years litigation, business rescue and Court experience,Experience in insolvency law,Experience in commercial law,Proven working knowledge of Corporate law and Tax law,Business report writing,MS Office suite knowledge,Experience in Turnarounds, Workouts and Restructuring is advantageous,Professional and courteous to all clients (internal and external),Accuracy in preparing legal documentation,Ability to advise on legal issues related to NEF business,Ability to convey legal opinions and argue legally.Attend to fraud and other criminal law related mattersQualification Requirements
LLBAdmitted AttorneyPersonal Attributes / Behaviours / Attitudes
High leadership qualities and teamworkStrong sense of initiative and self-motivatedStrong communication skillsEfficient presentation skillsHigh sense of analysis, attention to detail and professional judgementHonesty and IntegrityProblem Solving and Strategic ThinkingAnticipating and Managing ChangeBusiness insight and Risk AwarenessInterpersonal AgilityResillience and stress management