Job Description

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

• LLB
• Admitted Attorney

Personal Attributes/Behaviours/Attitudes

• High leadership qualities and teamwork
• Strong sense of initiative and self-motivated
• 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

Skills Required