Legal Officer II - 1 Post

Deposit Insurance Board (DIB) is a public institution established under Section 37(1) of the Banking and Financial Institutions Act (BFIA) 2006 to formulate policy, manage and control Deposit Insurance Fund. In a bid to deliver its mandate, the Board is hereby looking for suitably qualified young Tanzanian citizens to fill vacant positions at its offices located in the Bank of Tanzania Headquarters, Dar es Salaam.

Job Vacancy: Legal Officer II - 1 Post
Reports to: Manager Operations
Contract type: Three (3) years contract
Location: Dar es Salaam

Job Purpose:
To provide professional service on legal matters relating to liquidation of failed banks and financial institutions that will be placed under liquidation.
DUTIES AND RESPONSIBILITIES:
a) Participating in closure activities of a failed bank or financial institutions and submitting reports;

b) Liaising with liquidation accountant and preparing liquidation plan for the bank or financial institutions for which DIB has been appointed the liquidator;

c) Attending creditors, pending litigations and preparing and submitting periodic cases status report;

d) Liaising with liquidation accountant and assisting in management of assets and liabilities under liquidation and preparing statements of affairs’ and ‘receipts and payment statements’ periodically;

e) Liaising with liquidation accountant and preparing plans and budget for participation in the closure, inventory taking, tracing and preserving records, property and assets of closed bank or financial institutions;

f) Liaising with liquidation accountant and preparing and submit periodic reports on closure, inventory taking, tracing and preserving records and assets of the banks and financial institutions;

g) Participating in recovering of debts and submitting status report to assistant manager;

h) Participating and preparing minutes and reports in all meetings relating to the affairs of the closed bank and financial institution under statutory management;

i) Liaising with liquidation accountant and preparing periodic progress reports on liquidation of bank or financial institution under liquidation and submit to the Head Receivership and Liquidation;

j) Liaising with liquidation accountant and preparing statutory semi-annual returns and filing to BRELA;


k) Initiating review of the liquidation manual and making recommendations;

l) Conducting research regarding adequacy of the laws relating affecting deposit insurance and liquidation matters and recommending appropriate changes;

m) Assisting in the preparation and execution of matters relating to Board and Management meetings;

n) Performing other related duties as assigned.

Education /Professional Qualifications and Experience Required
· Bachelors’ degree in Law or its equivalent;
· Must be a registered Advocate;
· A minimum of two (2) years of work experience in relevant assignments.

How to Apply:
Interested applicants must submit the following for consideration of the applications:
a) Application letter indicating the name of the post applied;
b) A curriculum vitae (CV);
c) Certified copies of academic certificates, birth certificate and other relevant certificates;
d) Two recent passport size photographs;
e) Names and addresses of two reputable referees;
f) Applicant’s reliable contact address, email address and telephone numbers;
g) Applicants with academic certificates from foreign universities must submit proof of accreditation of issuing institutions;

Application should be addressed to:
Director Deposit Insurance Board,
Bank of Tanzania;
P. O. Box 2939,
7th Floor, North Tower,
DAR ES SALAAM.

Closing Date:
Applications should reach the Director’s Office on or before 6.00 pm on 9th October, 2015.

Only short-listed applicants will be contacted.