Overview

Wealthnet Finance PLC is registered by the Reserve Bank of Malawi as a Deposit Taking Microfinance Institution. The institution is inviting applications from suitably qualified candidates to fill various positions that have fallen  vacant at its Head Office in Lilongwe.

LEGAL SERVICES MANAGER – RE ADVERTISED

MAIN PURPOSE

Reporting to the Chief Executive Officer, the Legal Services Manager will provide an in-house service that effectively supports business areas in their duty to comply with relevant laws of regulation, corporate governance and internal procedures.

DUTIES AND RESPONSIBILITIES

  • Advising on general law issues and managing the legal issues of all areas of the Company, including but not limited to corporate, safety, security issues and sustainability.
  • Anticipating and managing the (legal) risks connected with or resulting from the business strategy and operations.
  • Securing compliance of business operations with relevant laws and regulations.
  • Ensuring compliance with relevant laws of regulation, corporate governance and internal procedures.
  • Managing litigations as an in-house legal counsel as well as liaising with external legal counsel on handling various matters.
  • Developing and maintaining a compliance data base, dashboard and checklist.
  • Participating in contract negotiations on behalf of the organisation
  • Drafting contracts between the organisation and other parties
  • Vetting legal documents and agreements entered into between the organisation and other parties
  • Keeping track of all the agreements entered into by the organisation so that they are up to date.
  • Representing the organisation in all judicial and quasi- judicial functions
  • Make follow up on outsourced cases to advocate and keep track of the court proceedings
  • Preparing legal defence and documentation in respect of court cases
  • Conducting necessary research and documentation in respect of court cases
  • Instituting court cases on behalf of the organisation
  • Participating in mediation and arbitration process in court and other legal tribunals
  • Provide legal support and technical advice to Wealthnet in drafting, implementation, review, and amendment of policies, contracts, Memoranda of Agreements (MOUs), and other relevant instruments.
  • Managing and monitor risks to which the Legal Services Unit is exposed
  • Serve as the Company Secretary
  • Prepare legal opinion and brief for management
  • Coordinating and managing the Governance and Legal Committee
  • Support legal issues for companies under Mvuma Group
  • Perform any other duties and tasks as may be assigned or delegated.

COMPETENCIES 

  • Ability to work as part of the team;
  • Strong management and critical thinking skills;
  • Outstanding analytical and problem-solving abilities;
  • Proven practical experience in compliance monitoring and enforcement mechanisms
  • Knowledge of a variety of reporting procedures, regulations and law;

QUALIFICATIONS AND EXPERIENCE 

  • A Bachelor’s Degree in Law from a recognised and accredited institutions;
  • Membership of the Malawi Law Society (MLS).
  • Unconditional admission to the Malawi Bar
  • Possession of a valid practicing license
  • At least one year Practical legaL experience.

Suitably qualified and experienced candidates should send their applications, including a detailed Curriculum Vitae and names of three traceable referees not later than 19th May, 2022 to the following address:

The Human Resource and Administration Manager

Wealthnet Finance Plc

Private Bag B445

Area 6/150

Lilongwe.

VERY IMPORTANT NOTE: Please indicate your expected salary and benefits in the application letter.