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 NEF's 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 matters
Qualification Requirements
Desired Skills:
- High leadership qualities and teamwork
- Strong sense of initiative and self-motivate
- d Strong communication skills
- Efficient presentation skills
- High sense of analysis
- Attention to detail and professional judgement
- Honesty and Integrity
- Problem Solving and Strategic Thinking
- Anticipating and Managing Change
- Business insight and Risk Awareness
- Interpersonal Agility
- Resillience and stress management
Desired Work Experience:
Desired Qualification Level:
