Job Description
Job Requirements
- Education: Bachelor's Degree or above in Law, International Law, Public Law, Commercial Law or Business Law or related fields
- Experience: 8/6/4 years of relevant experience for Bachelor's Degree or Master's Degree or PhD holders, respectively including at least 2 years as an Officer.
- Quantity Required: 1
- Salary: 99438
- Place of work: Addis Ababa
- Age Limit: Not exceeding 40 years
- Types of employment: Permanent
Duties and Responsibilities
- Act as the primary legal representative for EDIF in court cases, arbitration tribunals, and administrative hearings regarding the Fund's interests.
- Lead and manage legal actions against directors, officers, or third parties at fault for a member financial institution's failure to recover lost funds
- Oversee legal protocols during the liquidation of failed member institutions; draft and file subrogation claims to recover payouts made to insured depositors from the liquidation estate.
- Provide clear, actionable legal opinions on the application of Regulation No. 482- 2021, NBE directives, corporate law, tax legislation, and employment laws.
- Monitor institutional activities to ensure 100% compliance with statutory requirements, preventing potential conflict-of-interest violations or fiduciary risks within the Fund.
- Analyze and provide feedback on regulatory drafts or amendments affecting the financial safety net system in Ethiopia.
- Draft, review, and negotiate complex legal instruments, including premium collection agreements, investment contracts, procurement agreements, service level agreements (SLAs), and memoranda of understanding (MoUs).
- Ensure Board resolutions, internal administrative circulars, and executive mandates are legally sound and formatted correctly to avoid structural vulnerabilities.
- Review and verify the legal validity of depositor claims during insurance triggers (e.g., verifying inheritance claims, powers of attorney, or disputed account ownerships) to facilitate prompt, lawful payouts.
- Coordinate closely with the legal Directorates of the National Bank of Ethiopia (NBE) and member financial institutions during resolution interventions
How To Apply
It is mandatory that interested and qualified applicants are invited to submit their CV, along with an authenticated 6th-grade old curriculum or 8th-grade new curriculum certificate document from the Education and Training Authority and other required supporting documents, in person at Zemen Bank Headquarters, 22nd Floor
Note Only short-listed candidates will be contacted for a further assessment and the Fund reserves the right to accept or reject any all Advertisement at any time.
How to Apply
Submit your CV, along with an authenticated 6th-grade old curriculum or 8th-grade new curriculum certificate document from the Education and Training Authority and other required supporting documents, in person at Zemen Bank Headquarters, 22nd Floor
Note: Applicants must be 40 years of age or below and only short-listed candidates will be contacted for a further assessment.
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Senior Legal Officer
Ethiopian Deposit Insurance Fund