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| Tanzania Mortgage Refinance Company (TMRC) |
TMRC
Overview
Tanzania Mortgage Refinance Company (TMRC) is a Mortgage Liquidity Facility operating in Tanzania. As a specialized financial Institution that provides long-term funding to financial institutions for the purposes of mortgage lending, the TMRC is a private sector institution owned by Banks and Non-Bank Institutions. (www.tmrc.co.tz).
Recommended: Tanzania Mortgage Refinance Company (TMRC) is a Mortgage Liquidity Facility operating in Tanzania. As a specialized financial Institution that provides long-term funding to financial institutions for the purposes of mortgage lending, the TMRC is a private sector institution owned by Banks and Non-Bank Institutions. (www.tmrc.co.tz).
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TMRC is hereby inviting applications from suitable qualified candidates to fill in the following vacant position below currently existing in the company....
JOB TITLE : Head of Legal Services and Company Secretary
REPORTS TO : Chief Executive Officer for Legal Services and Board Director on Board Matters
SUPERVISE : Legal Officer
LOCATION : Dar es Salaam
Overall Job Function
The incumbent will be responsible to ensure the Company complies with laws and regulation of the country and provide advice to management and Board on legal matters as well as protect and defend the Company from legal liabilities.
Key responsibilities:
- Responsible for filing returns to various authorities in accordance to legal and regulatory requirements;
- Preparing, executing and filing of the Company’s Annual Returns, Returns of Allotment of Shares, Forms of termination and appointment of Directors and Secretaries;
- Updating the Company’s MEMARTS and files the amendments together with its approved Resolution with the Registrar of Companies;
- Draft security documents and ensure they are properly executed and filed with the Registrar of Companies after approvals;
- Research on the new laws and prepare a quarterly report on changes on legislations and submit to the Management and the Board;
- Notify Management and Board on relevant legislations and implications to the internal policies and procedures and to the business in general;
- Advise Management and Board on changes that will need to be made to comply with new legislations;
- Provide advice and legal opinion on legal and governance matters to management and Board meetings;
- Follow up on shareholders resolutions and Board directives and provide feedback;
- Prepare procedures for the prevention and resolution of disputes and ensure the Company interests are adequately addressed;
- Liaise with and contract External Lawyers on litigation issues that the company is a part, and keep Management and the Board updated on the progress;
- Notify Board and Management of outcomes of litigation and other legal proceeding for or against the Company;
- Provide legal protection and risk management advise to management particularly relating to contracts management;
- Update Company file at the Registrar of Companies;
- Ensure allotment, transfer and transmission of shares;and
- Timely and accurately prepare and register security documents.
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Academic & Professional Qualification:
- At least a Bachelor Degree in Law and Advocate of the High Court of Tanzania. Possession of a Master’s degree in law or Business Administration will be an added advantage.
- Professional Experience of at least seven (7) years three (3) of which must be at supervisory level
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Required skills and competencies:
- Knowledge of regulatory requirement;
- Communication and listening skills;
- Relations Management skills;
- Knowledge management skills;
- Banking business operations knowledge;
- Computer literate;
- Risk management;and
- Analytical ability
Recommended:
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Mode of application:
Qualifying candidates are encouraged to apply online only through the link at the end of this advert enclosing the following:
- An application letter showing how they meet the position requirements;
- Comprehensive Curriculum Vitae;
- Contact address including telephone number(s) and e-mail address(s);
- Names and full address of three (3) professional related referees.
Applications will be considered valid if sent/received before or by 23rd October 2020
Only successfully candidates will be contacted for interview.
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