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Head of Legal & Company Secretary at Selcom Microfinance

Selcom Microfinance Bank

Job Opportunity: Head of Legal & Company Secretary at Selcom Microfinance Bank

Selcom Microfinance Bank is seeking a highly skilled and experienced legal professional to fill the role of Head of Legal & Company Secretary. This position requires strong leadership, strategic thinking, and expertise in legal compliance and corporate governance.

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A competitive salary package will be offered in line with the bank’s structure.


Job Responsibilities

1. Legal Strategy & Compliance

  • Develop and implement a comprehensive legal strategy aligned with the bank’s business objectives.
  • Ensure compliance with Tanzanian laws, Bank of Tanzania (BoT) regulations, and corporate governance standards.
  • Provide expert legal guidance to the Board of Directors and Management to support strategic decision-making.
  • Monitor regulatory changes and proactively manage legal risks to safeguard the bank’s interests.

2. Contract & Litigation Management

  • Lead the drafting, reviewing, and monitoring of contracts, agreements, and other legal documents (e.g., tenancy agreements).
  • Oversee litigation matters and provide legal interpretation of contractual terms.
  • Select and recommend external legal counsel for the bank, ensuring compliance with procurement policies.

3. Corporate Governance & Secretariat Duties

  • Manage governance processes by providing secretariat services for Board and Committee meetings.
  • Coordinate and attend Annual General Meetings (AGMs), Extraordinary General Meetings (EGMs), Board meetings, and other key corporate meetings.
  • Maintain statutory records, including the register of members, directors, and shareholders.
  • Act as a liaison between the company and its shareholders, ensuring their rights and interests are protected.

4. Risk & Compliance Oversight

  • Monitor and enhance regulatory compliance across all business operations.
  • Identify legal and regulatory risks and implement effective risk mitigation strategies.
  • Ensure timely legal reporting and compliance with banking laws, commercial laws, and corporate governance standards.

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Minimum Qualifications & Experience

Education:

  • A Bachelor’s Degree in Law (LLB) is required. A Master’s Degree in Law or a Postgraduate qualification is preferred.
  • Must be a registered Advocate of the High Court of Tanzania.

Experience:

  • At least 5 years of senior legal experience, with 3 years as Head of Legal & Company Secretary in the financial sector (preferably banking).
  • Strong knowledge of banking laws, corporate governance, commercial law, and civil law.
  • Experience in Board meeting coordination, business registration, and contract law.

Additional Skills & Certifications:

  • Company Secretary Certification is an added advantage.
  • Leadership training and banking experience are highly desirable.
  • Ability to analyze and interpret legal statutes, regulations, and financial sector laws.

How to Apply

Interested candidates should submit their cover letter and updated CV to the Human Resources Department via:

📧 Email: career@smfb.co.tz

🗓 Application Deadline: 6th April 2025

🔹 Selcom Microfinance Bank Tanzania is an equal opportunity employer. Women and qualified professionals are strongly encouraged to apply.