KCB Group is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016.
Ensure the appropriate security documentation on the Bank’s Standard forms have been properly prepared before dispatch to the customer.
Issue compliance Certificate jointly with the Company Secretary within agreed TAT on receipt of the last outstanding security document.
Liaising with external legal counsel and other service providers on security documentation process and ensuring that security documentation and other conditions of sanction have been perfected/completed prior to authorizing drawdown of facilities (unless there is a waiver in place).
Liaising with branch management on all outstanding approval conditions and answering all quires relating to pending compliance certificates.
Issue deficiency reports upon receipt of Credit Approval and/or duly accepted letters of offer.
Prepare instructions to and follow up banks external lawyers in preparation of security documents on behalf of the bank.
Representing the Bank before any court of law as witness or to watch brief as necessary.
Managing and measure external lawyers’ performance to ensure efficiency.
Managing litigation costs to a minimum including but not limited to negotiating settlements in favor of the bank where deemed appropriate.
Creating legal awareness and providing advice to the Bank on suitable courses of action to avert and/or minimize litigation.
KCB Group is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016.
