Description
ExpressCredit Lesotho is a global consumer finance company regulated by the Central Bank of Lesotho. We are operating in Lesotho and three surrounding countries, including Zambia, Botswana and Namibia. We operate a multi-channel lending platform for government sector employees underserved by mainstream financiers. As a good corporate citizen, our goal is to help people in need of short-term and long-term financial assistance – all of which make a meaningful and lasting impact on the local communities. ExpressCredit Lesotho is a game-changer and one of the fastest microlenders in the country. A combination of new technologies, mobile sales and a network of branches and direct sales positions us well for growth and building a sizeable, well-performing loan portfolio.
Key Responsibilities:
Legal and Corporate Affairs
Legal Counsel & Documentation
- Support in drafting and reviewing legal documents, contracts, and agreements under supervision of the Legal & Compliance Specialist (e.g., service contracts, supplier agreements, lease contracts) and internal policies.
- Ensure proper filing and archiving of all contracts, legal correspondence, and related records.
- Assist in preparing letters, notices, and documentation for internal or external legal use.
- Maintain and update the company’s contract register and templates library.
Corporate Governance
- Support preparation of statutory and governance documents such as board and shareholder resolutions, powers of attorney, and meeting minutes.
Judicial Management and Litigation
- Assist in managing and organizing case files, pleadings, and related documentation for ongoing or potential legal cases and support in preparing standard court documents, affidavits, or letters to clients in arrears, under supervision, and track progress of the cases.
- Represent the Company in lower courts for debt enforcement under the supervision of the Legal & Compliance Specialist
Legislative Monitoring
- Monitor publication of new or amended legislation, regulations, and notices relevant to the company’s operations and summarize key changes and prepare short briefs or alerts .
- Maintain a legal update tracker and assist in updating internal compliance checklists or procedures where applicable.
II. Regulatory Compliance and AML/CFT
- Assist in monitoring compliance with relevant laws and regulations
- Support the preparation and submission of regulatory reports to the Central Bank of Lesotho (CBL), FIU, and other authorities.
- Maintain an updated register of all compliance obligations and ensure timely reporting and follow-up
- Assist in the review of customer due diligence (CDD) and enhanced due diligence (EDD) documentation and conduct daily and periodic screening of clients and counterparties against sanctions and PEP lists.
- Monitor suspicious transactions and escalate red flags to the Compliance Officer for review
- Maintain AML registers
- Perform compliance control checks in key operational areas
- Assist in documenting findings, corrective actions, and tracking implementation progress
- Support follow-up on internal and external audit recommendations
- Verify adherence to internal policies
Requirements
- Bachelor of Laws (LLB)
- Admission and enrolment as Advocate or Attorney of the High Court of Lesotho
- Experience in court appearance and drafting of pleadings
- knowledge of AML/CFT and Financial Institutions laws and regulations (added advantage)
Benefits
- Stipend