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Lead Legal Counsel – Private Sector: African Development Bank Group (AfDB) Jobs

Position title: Lead Legal Counsel, Private Sector
Grade: PL-2
Reference: ADB/010/81
Closing date: 06/07/2010
Objectives
The principal objective of the Legal Services Department is to protect the interests of the Bank.  In this connection, the Department provides the legal services required by the entities constituting the Bank Group, and ensures that the Bank Group’s activities and operations are consistent with the respective constitutive and other legal instruments, as well as applicable law.
Duties and responsibilities
Under the supervision of the Division Manager, GECL.2, the incumbent will:
  • Provide technical leadership to a cluster of counsel delivering legal services in support of the private sector operations of the Bank;
  • Prepare standard documentation for private sector financing products;

  • Ensure that the Division is appropriately linked to knowledge sharing networks and is fully apprised of innovative theory and practice in international finance law, and in this regard, will organize meetings and seminars to deepen the relevant technical capacity of the Division;
  • Assist the Division Manager in coordination and quality control of the legal services provided by the Division in support of the private sector operations of the Bank;
  • Lead in drafting private sector legal strategies, in co-operation with other Lead Counsel as assigned;
  • Structure complex transactions in a manner that is consistent with the mandate, structure and policies of the Bank;
  • Lead, as assigned, the negotiations of the terms of the financing with the representatives of the recipient and, if necessary to the success of the transaction, makes appropriate revisions to the standard financing documentation to accommodate the operations of the recipient;
  • Lead and coordinate, as assigned, the drafting or reviewing of financing documentation, including loan agreements, guarantee agreements, common terms agreements, escrow account agreements, security sharing agreements, and Shareholder’s Agreements, etc;
  • Liaise with other co-financiers, if any, as part of the legal due diligence and ensures that the Bank Group’s terms are appropriate;
  • Carry out such other duties as may be assigned by the General Counsel and the Division Manager.
Selection Criteria
Including desirable skills, knowledge and experience
  • At least a Master’s degree or its equivalent 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;
  • At least eight (8) years of relevant professional experience, preferably with an established international law firm, or an international financial institution with proven technical competence and experience in development law;
  • Proven competence in Project Finance, International Finance, Corporate Law, Secured Transactions and Project Work-outs/Restructurings;
  • Demonstrated leadership, communication, team building, inter-personal, writing and analytical skills;
  • Competence in the use of standard software applications;
  • Ability to communicate and write effectively in English with a good working knowledge of the other language.
Only applicants who fully meet the Bank’s requirements and are being considered for interview will be contacted. Applicants will only be considered if they submit (preferably electronically, to: recruit@afdb.org) a fully completed Personal History Form (PHF), available from the Bank’s web site, and attach a comprehensive Curriculum Vitae (CV) indicating date of birth and nationality.
The President, ADB, reserves the right to appoint a candidate at a lower level.
The African Development Bank is an equal opportunities employer and female candidates are strongly encouraged to apply.

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