LEGAL COUNSEL | COMPLIANCE- IDC

LEGAL COUNSEL | COMPLIANCE- IDC

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The Industrial Development Corporation (IDC) Limited is a State-Owned Enterprise (SOE) charged with the mandate to spearhead the Zambian Government’s commercial investments agenda aimed at strengthening Zambia’s industrial base and job creation. The Corporation’s vision is to be Africa’s best performing Wealth Fund and Investment Partner of choice. Its Mission is to secure, manage and diversify Zambia’s wealth for current and future generations by making strategic investments that drive sustainable economic development. A need has arisen to fill the position of:

LEGAL COUNSEL - COMPLIANCE

  1. JOB PURPOSE

To provide input and effective support to Senior Legal Counsel – Compliance on all regulatory and corporate compliance matters.

The holder is responsible for providing input into initiatives for supporting regulatory and corporate compliance.

The holder also conducts research on all current and new regulations relevant to compliance, company processes on instruction from the Senior Legal Counsel-Compliance.

  1. KEY RESULT AREAS AND PRINCIPAL ACCOUNTABILITIES

KEY RESULT AREAS

 PRINCIPAL ACCOUNTABILITIES (MAIN DUTIES)

Departmental Planning and Budgeting

Provides input to Senior Legal Counsel -Compliance into the departmental workplan and budget.

Legal Advisory

Provide draft legal opinions and advice on instruction from the Senior Legal Counsel -Compliance.

Litigation
  • Attend to in house litigation as assigned.
  • Provide input into negotiations with External Legal
  • Counsel on fee structure and liaise with them on case management strategy as assigned.
  • Provide input in developing strategies to resolve cases favorably and cost effectively.
  • Provide input into the Department weekly, fortnightly,  and quarterly reports.

Conveyancing and Corporate Transactions
  • Provide support to Senior Legal Counsel-Compliance in attending to representation in conveyancing and corporate transactions either through External Counsel or in-house legal representation as assigned.
  • Provide input to in-house conveyancing and corporate  transactions as assigned.

Statutory and Corporate Compliance
  • Makes recommendations for the development and implementation of company policies and regulations to the Senior Legal Counsel-Compliance.
  • Provide input in legal advice on all business operations relating to compliance including policies, investments, and procedures as assigned.
  • Makes recommendations to the Senior Legal Counsel-Compliance for designing and monitoring control systems to deal with violations of legal rules and internal policies.
  • Undertakes the assessment of the efficiency of control systems and recommend effective improvements to the Senior Legal Counsel-Compliance.
  • Reviewing and evaluating company procedures and compliance risk management strategies as assigned.
  • Undertake audits on company procedures and processes as assigned.
  • Coordinates employee training sessions on legal and compliance issues as assigned.
  • Makes recommendations to the department on statutory and corporate governance matters as assigned, including providing unsolicited updates and advise on any changes in the legal and corporate governance framework. 

Secretarial Services

Participate and provide secretarial services during Division/departmental Meetings.

Enhanced employee engagement and performance
  • Timely submission of completed performance contract to supervisor.
  • Suggest and propose initiatives to support corporate values suggested to supervisor.
  • Ensure submission of completed Performance Appraisal to supervisor.
  • Periodically submits required reports relating to mentorship and training/coaching programmes to the department in charge of Human Capital.

Health and Safety

Take reasonable care for own health and safety as well as that of other employees, clients, and others as may be required from time to time. 

Furtherance of Company’s Interests

Exercise the powers and duties generally exercised by Legal Counsel – Compliance in the furtherance of the interests of the company as may be authorised and or delegated by the Supervisor.

Any other Duties

Perform any other job-related duties as assigned
  1. ESSENTIAL/DESIRABLE QUALIFICATIONS/EXPERIENCE
  • Professional Qualification:
    • Grade 12 School Certificate
    • Bachelor of Laws Degree and/or equivalent Professional Qualification in relevant field from reputable institution
    • Advocate of the High Court of Zambia
    • Professional Membership of the Law Association of Zambia (LAZ)
  • Minimum Relevant Work Experience:
    • 2 years relevant work experience or similar position
  • Skill Specifications:
    • problem solving and presentation skills.
    • written and verbal communication skills
    • Ability to work collaboratively with key internal and external stakeholders
    • Data management and record keeping.
    • Proficient in using computers
  • Other Attributes
    • Professionalism
    • Transparency
    • Integrity
    • Distinction
    • Innovation
    • Teamwork
  1. WORKING CONDITIONS
  • Office work environment.
  • Use of computers and other office equipment.
  • Concentration and analysis.
  • Managing tight deadlines.
  • Normal environmental conditions
  • Occasional local and international travel.
  1. APPLICATION PROCEDURE

IDC is an Equal Employment Opportunity Employer

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