Deadline: 21 July 2015
The African Development Bank (AfDB) Group is currently seeking applications from the eligible applicants for the post of Senior Legal Counsel- Private Sector General Counsel and Legal Services Department (GECL) at multiple locations.
GECL provides legal services to the statutory organs of the Bank and the Fund. In addition, GECL provides legal advice on the administration, operations and financial activities of the Bank.
The overarching objective of the AfDB Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.
Key Job Responsibilities
The Senior Legal Counsel will perform the following functions-
- Conducting legal due diligence on proposed transactions such as the review of project documents and agreements (including development or construction contracts, supplier agreements, concession agreements, joint venture agreements, management agreements and shareholders’ agreements etc.), constitutive documents of proposed borrowers/investee funds and review of local regulatory requirements;
- Liaising and collaborating with staff in the private sector operations, finance and environmental and social departments to develop the appropriate terms and conditions of each transaction, ensuring compliance with Bank’s policies;
- Participating in project appraisal missions and reviewing project concept notes, project appraisal reports, drafting board resolutions;
- Drafting and/or reviewing, negotiating and finalising all legal documentation relevant to the proposed transaction, including term sheets, loan agreements, lines of credit agreements, common terms agreements, guarantee agreements, participation agreements, inter-creditor agreements, security documentation, assignment agreements and information memoranda etc., depending on the nature of the project and the type of financing;
- Advising on transaction structure and documentation for private equity investments by the Bank to ensure compliance with Bank policies and practice as well as applicable laws including drafting and/or reviewing shareholders agreements, partnership agreements, management agreements, co-investment agreements, subscription agreements etc.
- Providing legal support for the implementation and monitoring of projects after signing and disbursement, including advising on waiver requests, approval requests and project work-outs;
- Liaising with co-lenders/investors, partners and external counsel as and when needed; and
- Undertaking such other assignments as required in furtherance of the Department’s mandate.
Eligibility Criteria
Applicants must have-
- At least a Master’s degree in Law, plus admission to the Bar of (or diploma to practice law in) a member country; or a first university degree plus a relevant combination of academic qualification in Law (e.g. Juris Doctor (JD) plus admission to the Bar of (or diploma to practice law in) a member country of the Bank;
- Possess at least 5 years of relevant professional experience with an established law firm or an international financial institution, with in-depth experience in major international financial transactions;
- Proven competence in either International banking and finance, Project Finance, Private Equity, Development and/or Public International Law;
- Excellent negotiation skills and demonstrated ability to work under pressure and deliver within tight deadlines;
- Possess a versatile multi-disciplinary skills-set, an ability to work in a multi-cultural environment and effective communication, team building, inter-personal, writing and analytical skills;
- Ability to communicate and write effectively in English and/or French, the ability to work in both languages is an added advantage;
- IT Competence in the use of standard software such as MSWord, Power Point, Excel and Internet Explorer.
How to Apply
Applicants must fill the application form to apply for this position.
For more information, please visit ADBG.
