An opportunity has arisen to engage highly motivated and experienced persons of Malawian origin to fill positions of Head of Support Services, at the Malawi Enterprise Development Fund (MEDF) Limited.
MEDF is a licensed Micro Finance Institution owned by the Government of Malawi
Credit Legal Risk Officer
(Reporting to: Chief Executive Officer)
Main duties and responsibilities
- Ensure the adherence of Company Law, contract laws and other credit related Laws
- Acts in coordinating security perfection for loan agreements
- Draft loan agreements and security agreements for all MEDF clients and minimise delinquency on security information.
- Coordinate the security perfection of all transactions.
- Provide legal advice to Recoveries team in Operations department on security realization and debt recovery
- Work with external legal Counsel in court cases in enforcing the security documentation on the Fund’s behalf
- Ensure adherence to policy and transactions.
- Review facility letters/loan agreements and ensure that security requirements and terms and conditions are correctly defined.
- Interface other departments for correctness of facility letters, contracts and other security documentation.
- Provide secretarial duties in credit approval committees and advise the committees on any credit legal risk issues
- Advising Head of Operations and Credit Manager once all terms and conditions of sanction relating to security issues have been met.
- LLB honours degree or similar qualification.
- A minimum of 3 years working experience in an MFI or Financial institution will be an added advantage
- Overall understanding and deep insights into Credit, Legal and Risk issues.
Method of Application
Interested Applicants are requested to submit their applications together with CVs, copies of. certificates and names and contacts, including emails and phone numbers of at least three (3) traceable referees to the following address not late than 1st May, 2018.
The Chief Executive Officer,
MEDF Head Office
P. O.Box 779
Only shortlisted applicants will be acknowledged.
Comment on advertised Job
Employment Type: Full-time
Job deadline: 1st May, 2018
Company: Malawi Enterprise Development Fund (MEDF) Limited
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