Senior Legal Officer , TIB Development Bank

TIB Development Bank Limited (formerly Tanzania Investment Bank Limited) was established by an Act of Parliament in 1970 as a Development Finance Institution (DFI) to provide development financing through the provision of short, medium and long term financing. Following implementation of the first phase of the Government Financial Sector Reforms and the enactment of the Banking and Financial Institutions Act of 1991, TIB was licensed to operate as a non-bank financial institution. In August 2005 the government undertook to transform the bank back into a profitable and sustainable Development Finance Institution offering both long-term finance and equity, providing technical assistance and support services, while also acting as a conduit for official development assistance and special development government funds.

In this regard, activities of TIB Development Bank have specifically expanded and the bank now invites applications from suitable, qualified and skilled persons to fill the following available vacancies:

Duties and Responsibilities

Check all legal issues pertaining to Loan applications before, during and after approval to ensure the bank's interests are safeguarded. Prepare loan/security documents and ensure prompt registration of the, security documents at the relevant registries.

Investigate statutory registers to determine legal status of loan applicants, securities and borrowing capacities.

Prepare information and report to the Legal Counsel and Secretary to the Board that conditions precedent to disbursement has been fulfilled as per the respective agreement.      .

Ensure that borrowers fulfill all terms and conditions in the loan agreements at all times.

Ensure that borrowers fulfill all statutory requirements (under the Companies Ordinance, Bank of Tanzania regulations/guidelines or any others) at all times.

Assist in preparation of documents for civil suits/litigation and advise on the retention of lawyers or conduct of court cases for the bank.

Assist and represent the bank in all legal matters outside the bank and in courts.

Carry out any other related duties as may be assigned by the Legal Counsel and Secretary to the Board.

Qualifications, Knowledge and Experience

Bachelor Degree in Law (LL.B) from a recognized University/Institution.

Must be a Registered Advocate.

At least three (3) years relevant work experience in a reputable institution.

Strong written and oral communication skills with ability to prepare legal documents in a concise and focused style.

Highest degree of integrity, excellent and well developed interpersonal and organizational skills.

Must be a team player, very self-motivated and able to manage and prioritize work load with minimum supervision.

Should have computer skills.

Application Instructions:

Qualifying candidates should apply in writing to or lodge their applications at the address below, enclosing:

An application letter showing how they meet the post's requirements.

Comprehensive curriculum Vitae.

Copies of relevant certificates and awards.

Contact address including telephone number(s) and/or email address(s) if available.

Names and full addresses of three referees.

Managing Director

TIB Development Bank Limited

Mlimani City Office. Park Building No.3 Sam Nujoma Road

P.O. Box 9373

Dar es Salaam

Fax: +255222411122

Phone: +255222411101-9
Area: Dar Es Salaam
Application Deadline: Apr 24, 2013