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Foreclosure Office

Bank of Abyssinia

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Legal Services

Law

Addis Ababa

6 years

1 Position

2022-12-16

to

2022-12-19

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Law

Full Time

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Job Description

Bank of Abyssinia (BOA)  is looking for qualified applicants for the following open positions.

Place of Work: Addis Ababa, Ethiopia.

Duties:

  • Prepare statements of claim, defense, other pleadings and memorandum of appeal with respect to loan recovery before courts to protect the Bank from emerging loss.

  • Represent the Bank or ensure the Bank is appropriately represented in courts and any tribunals for issues related to loan litigations.

  • Review court judgments and any tribunal orders and advise branches and concerned departments to comply with the decision.

  • Follow up the implementation of courts and any tribunal orders.

  • Follow up and advise on the defaulting loans and the termination of the legal and equitable title of properties held as collateral.

  • Prepare letters to public authorities and to defaulters for the execution of foreclosure activities.

  • Prepare legal notices to defaulters for the settlement of arrears on loans granted by the Bank.

  • Advise and follow up on criminal cases related to loan issues.

  • Review reports on the status of loan litigation cases and court decisions.

  • Recommend alternative ways of case settlements for some disputes with defaulting clients.

  • Follow up the auctioning of mortgaged/pledged property.

  • Conduct research aiming at improving systems and mechanisms of efficient loan recovery.

  • Ensure that the records of courts adjournments, other documents related to loan litigation, and all the necessary legal documents or files are available and neatly and systematically kept in the Department both in hard and soft copy.

  • Communicate results and court decisions to respective branches of the Bank.

  • Interpret and prepare circulars and memos on legal issues that could affect the activities of the concerned work unit of the department.

  • Analyzes the probable outcomes of cases based on legal precedents and determine the advisability of defending or prosecuting lawsuits;

  • Prepares statements of claim, defense, pleadings, appeal, affidavit, memorandum, application, notices & legal instruments;

  • Follow up the proper institution and presentation of legal suits and/or statements of defense in all cases including the judgment execution process and appeals.

  • Represent the Bank before courts of law, judicial tribunals, and other similar organs in relation to loan litigation cases and criminal cases.

  • Attend court cases, conduct litigation, and report progresses on each adjournment.

  • Participates in meetings and negotiations called by the Bank or external organs;

  • Represents the Bank in any government, public or private organs, courts of law, judicial tribunals, etc.

  • Follows up crime cases handled by the police, prosecutor, court, or other similar crime investigation offices or government organs;

  • Maintains current knowledge of alteration in legislation;

  • Maintains teamwork at all operational levels and up keeps good working relations with internal and external customers of the Bank;

  • Takes appropriate action and delivers results within the given service delivery time set for each work process;

  • Handles and follow-up cases assigned to him/her end to end until the final response/decision reaches the requester;

  • Prepares and delivers progress performance reports on court attendance to Supervisors immediately after return;

  • Report to his/her supervisor on the current status of pending cases;

  • Follow up advisory and non-loan related litigation cases in courts and other tribunals as assigned by Director.

  • Perform other related duties given by the supervisor.

Job Requirement:                       

Qualification:

Education: 

  • LLB Degree in Law.

Experience:

  • Minimum of 6 years of banking experience, of which 3 years in the area of Law.

How to apply

Submit your CV, copies of relevant documents and Application to THIS LINK

Fields Of Study

Law

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