Legal Officers Jobs Vacancy at Self Microfinance Fund Tanzania January 2022
About Self Microfinance
SELF Microfinance Fund is a product of Government Project which was known as ‘Small Entrepreneurs Loan Facility (SELF)” formed in 1999. SELF Project was among Government programmes pursuing poverty alleviation role on behalf of the Government which was jointly funded by Government of Tanzania and African Development Bank (AfDB).
The Project focused on enhancing the contribution of the Small Medium Enterprises (SMEs) to economic growth and reduction of poverty and to enhance microfinance industry in Tanzania through;
Wholesale loan fund to eligible Microfinance Institutions (MFIs);
Strengthening the capacity of collaborating MFIs through training and institutional support; and
Promote and sensitize the formation of new grassroots MFIs.
The performance of the Project was significantly notable, and thus it was found to be beneficial to transform the Project into a sustainable entity beyond its project life to enable it pursue further this noble role. The Cabinet sitting of 13th June 2014; assented SELF II Project to transform to Company Limited by Guarantee (CLG), which conforms adequately on status incorporation, business form, assets transfer and ownership. SELF Microfinance Fund was incorporated on 14th September 2014 under Company Act 2002 as a Company Limited by Guarantee and the main guarantor being the Government of United Republic of Tanzania through the Ministry of Finance and Planning under the Treasury Registrar.
In November 2018, The Government of Tanzania reached the decision to merge SELF Microfinance Fund (SELF MF) and UTT Microfinance (UTT MFI). The merging aimed at synergizing human capital, Financial (Capital Investment) and business opportunities that existed between the two (2) companies and reduce Government dependence. Merging the two companies provided the new formed company with synergies and economies of scale that can lead to greater efficiency and profitability.
JOB POST: LEGAL OFFICER II
POST CATEGORY(S): LEGAL
EMPLOYER SELF: Microfinance Fund
APPLICATION TIMELINE: 2022-01-24 to 2022-02-06
JOB SUMMARY N/A
DUTIES AND RESPONSIBILITIES
i. To assist in recording and custody of contracts’ implementation, follow up and ensure that contractual obligations are met;
ii. To participate in vetting all legal documents emanating from outside SELF MF in which the Fund is a party;
iii. To assist in reviewing all legal documents, i.e. contracts, agreements, and the like, for all departments and financial hubs and ensure compliance to all existing regulations;
iv. To participate in search and follow ups with the Registrar of the Companies and Land Registry with regard to registration matters, verification of titles & legal rights, assignment and or transfer of titles, valuation & disposal of collaterals, etc. as and when required;
v. To assist in preparing monthly report of legal matters attended;
vi. To assist in receiving, register and file police case files, letters and other corresponding documents submitted to the Fund for legal advice; and
vii. Perform any other duties as may be assigned by his/her superiors.
QUALIFICATION AND EXPERIENCE
Holders of Bachelor Degree in Law (LLB) from recognized institutions and must have attended and passed Internship or Postgraduate Diploma from Law School of Tanzania.
EXTRA QUALIFICATION
i. Ability to sale and market SELF MF products
ii. Ability to negotiate with clients
iii. Ability to handle customers
iv. Flexibility on job rotation
v. Ability to analyze and interpret loan applications
vi. Ability to recover defaulted loans
vii. Good communication skills
viii. Ability to work under pressure
ix. Readiness to work anywhere in Tanzania
REMUNERATION SMF SS 5
The deadline for submitting the application is 06 February 2022.
