ECOWAS Bank for Investment and Development (EBID) is an international financial institution established by the 15 Member States of the Economic Community of West African States (ECOWAS). EBID includes: Benin, Burkina Faso, Cape Verde, Cote d’Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
The main objective of EBID is to contribute to the economic development of West Africa through the financing of ECOWAS and NEPAD projects and programs. The headquarters of the bank is in Lome in the Togolese Republic.
We are recruiting a qualified person, who is citizen of the Community, to fill the following vacancy in the Professional Staff category:
Job Title: English Senior Legal Officer
Location: Lome, Togolese Republic
Job Type: Full-time
Main Duties and Responsibilities
Job Summary:
Working under the direct supervision of the Head of Legal/Compliance Division, the senior legal officer will be, amongst other things, in charge of the provision of the legal services to the Department of Private Sector Operations of the Bank for the project finance and development in the English-Speaking Countries of the ECOWAS.
Duties
Review and ensure that Development Finance Institution (DFI), Environmental & Social Obligations and Sanctions provisions are reflected in all financings and that the relevant checklists are up to date;
Appraisal of Private Project finance to ensure all legal, regulatory, environmental risks are well addressed in the transactions structuring;
Ongoing monitoring and advising on legal issues arising from closed transactions from time to time; Deal with the legal aspects of facility agency and security agency roles relating to the bank’s transactions;
Deal with legal aspects of restructured and non- performing loans and assets;
Deal with the legal aspects of the bank’s investments and transactional matters, covering project finance and project development transactions;
Structure transactions in a manner that is consistent with the mandate, policies and objectives of the bank and provide innovative and practical solutions to legal issues pertaining to the bank’s transactions and activities;
Deal with the legal aspects of the credit approval process relating to transactions;
Draft, review and negotiate term sheets, Memoranda of Understanding (MOUs), mandate letters, project agreements, financing and security agreements;
Review conditions precedent and coordinate closing of the financing including perfection of security based on local jurisdiction requirements; • Provide technical inputs including but not limited to legal analysis, drafting of policies and development of procedures;
Undertaking such other duties/assuming such other responsibilities as are assigned from time to time by the Director of Legal Department.
Required Qualification, Experience and Skills
LLM Master’s degree in Law (especially in banking, finance or business law);
Minimum of seven (7) years Post qualification experience with a legal or financial advisory firm or financial institution; English/Common law qualification and/or experience desirable;
Experience in Project Finance and Project Development experience;
Ability to exercise independent judgment and provide practical legal advice;
Excellent interpersonal skills and ability to work as a team with professionals from other disciplines;
High ethical standards, impeccable integrity and a deep sense of fairness;
Strong organizing, work planning and scheduling skills, capable of handling large volumes of assignments accurately and thoroughly while balancing several agenda;
In-depth knowledge and appreciation of project finance and borrowing transactions;
Ability to conduct due diligence relating to financial transactions, i.e. project finance, structured finance and corporate finance;
Good knowledge and understanding of the global legal framework (corporate and commercial law);
Ability to think strategically and holistically and to appreciate the systematic impact of various legal policies, issues and solutions;
Analytical mind, sense of organization and ability to work in a multicultural environment and capacity to accommodate cultural differences;
Ability to take initiative, well-disciplined and able to work unde pressure;
Ability to manage a team in a multi-cultural environment, ability to develop good relationships with other staff members, impart knowledge and be able to delegate duties and responsibilities, supervise and take decisions; Excellent written, drafting and oral communication skills;
A good working knowledge in French will be appreciated.
Other Requirements:
Be a national of one of the ECOWAS Member States;
Must not be above 45 years at the time of recruitment;
Have sound knowledge of computer tools (Word, Excel, Access and Power Point);
Fluent in French and/or English and/or Portuguese, and proficient in one of the other two languages.
Salary Grade
Grade P4.
Application Closing Date
15th November, 2024.
How to Apply
Interested and qualified candidates should submit their Applications to: recrutbidc@bidc-ebid.org using “2024 Recruitment Programme – English Senior Legal Officer” as the subject of the email.
Applications must include the following:
A detailed Curriculum Vitae,
A Cover Letter,
Copies of Academic and Professional Certificates,
A copy of National Identity Card or Passport,
A copy of Birth Certificate.
Note
Only shortlisted candidates will be invited for interview.
EBID reserves the right to withdraw the notified vacancy or offer position at a lower grade.
Female applications for EBID jobs are strongly encouraged.
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The ECOWAS Bank for Investment and Development (EBID) is a financial institution established by the Economic Community of West African States (ECOWAS) and comprises 15 member countries. These countries include Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.
EBID’s primary mission is to support the economic growth of West Africa by financing projects and initiatives within ECOWAS and NEPAD frameworks. The bank is headquartered in Lomé, Togo.
We are seeking applications from qualified individuals who are ECOWAS citizens to fill a vacancy in the professional staff category:
Job Title: Senior Legal Officer (English)
Location: Lomé, Togo
Job Type: Full-time
Main Responsibilities
Job Summary:
Reporting to the Head of the Legal and Compliance Division, the Senior Legal Officer will provide legal services for the Private Sector Operations Department, focusing on project financing and development in ECOWAS’s English-speaking countries.
Key Duties:
Review financing documents to ensure compliance with DFI, Environmental, Social, and Sanction obligations and update relevant checklists.
Assess legal, regulatory, and environmental risks in private project finance structures.
Monitor closed transactions for emerging legal issues.
Oversee legal matters related to the bank’s facility and security agency roles.
Manage legal aspects of restructured and non-performing loans and assets.
Address legal elements of the bank’s investments, project finance, and development transactions.
Structure transactions in line with the bank’s mandate and policies, offering practical legal solutions.
Handle the credit approval process for transactions.
Draft, review, and negotiate various agreements, such as term sheets, MOUs, project agreements, and security documents.
Coordinate closing procedures, including conditions precedent and security perfection.
Provide legal expertise and draft policies and procedures.
Perform other duties as assigned by the Legal Department Director.
Required Qualifications and Skills
Master’s degree in Law, with a focus on banking, finance, or business law.
At least 7 years of post-qualification experience in a legal or financial advisory firm or financial institution; experience in English/Common Law preferred.
Project finance and development experience.
Strong analytical skills, ability to provide practical legal advice, and exercise independent judgment.
Teamwork skills and the ability to collaborate with multidisciplinary professionals.
High ethical standards and strong organizational skills for managing multiple assignments.
Comprehensive knowledge of project finance and corporate finance transactions.
Strategic and holistic thinking capabilities and the ability to assess systematic impacts.
Proficiency in due diligence for financial transactions.
Good working knowledge of global corporate and commercial law frameworks.
Strong organizational, planning, and communication skills; multicultural adaptability.
Leadership skills to manage a diverse team, delegate tasks, and make sound decisions.
Proficiency in French is a plus.
Additional Requirements:
Must be an ECOWAS citizen.
Maximum age of 45 at recruitment.
Strong computer skills (Word, Excel, Access, and PowerPoint).
Fluency in English, French, or Portuguese, with proficiency in an additional ECOWAS language.
Salary Grade: P4
Application Deadline: 15th November 2024
How to Apply
Qualified candidates should send their applications to: recrutbidc@bidc-ebid.org with “2024 Recruitment Programme – English Senior Legal Officer” in the subject line.
Applications should include:
Detailed CV
Cover Letter
Copies of academic and professional certificates
National ID or Passport copy
Birth Certificate copy
Note: Only shortlisted applicants will be contacted for interviews. EBID reserves the right to withdraw the vacancy or assign a lower grade. Female candidates are encouraged to apply.
