General counsel & corporate secretary

Job Summary

The HLO is responsible for overseeing law-related areas of the operations of the Subsidiary, with a focus on banking and financial regulatory matters

  • Minimum Qualification: Masters
  • Experience Level: Management level
  • Experience Length: 10 years

Job Description

Job Summary

FINCA Microfinance Bank in Tanzania, one of 20 subsidiaries of FINCA Impact Finance, started its operations in 1998 in Mwanza. It has since then extended throughout the country, currently operating 26 branches in 17 regions in the country. FINCA Microfinance Bank now serves more than 120,000 active clients countrywide who are served by over 700 staff countrywide.

The General Counsel / Head Legal Officer and Corporate Secretary (“HLO”) is the senior legal officer of the corresponding FINCA Impact Finance (“FIF”) subsidiary (the “Subsidiary”) and is responsible for providing comprehensive legal and strategic advice to the Subsidiary, including the Subsidiary’s Management and Board of Directors, and managing the overall legal risk of the Subsidiary. The HLO is a member of the Subsidiary’s Management Board and, as such, participates in all discussion and decisions made by such body, providing leadership to the Subsidiary. The HLO has a dual role consisting of (i) having primary responsibility for the Subsidiary-wide legal function as head of the legal department and member of the Management Board, and (ii) being responsible for the corporate governance of the Subsidiary as Corporate Secretary. The HLO is responsible for overseeing all law-related areas of the operations of the Subsidiary, with a focus on banking and financial regulatory matters, legal compliance, development of policies, employment and labor, litigation and contracts. The HLO is responsible for identifying legal risks associated with the operations of the Subsidiary and proposing mechanisms for mitigating such risks. In collaboration with all senior management of the Subsidiary, the HLO must ensure that a culture of integrity and transparency is developed and maintained in the organization, overseeing the implementation of and compliance with policies and laws, including FINCA’s Code of Conduct. The HLO reports directly to the Chief Executive Officer of the Subsidiary and the FIF General Counsel (and his designees).

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