EASTERN CARIBBEAN ASSET MANAGEMENT CORPORATION 

VACANCY NOTICE

Suitably qualified persons are invited to apply to fill the post of Manager, Legal Services/Corporate Secretary at the Eastern Caribbean Asset Management Corporation (the “ECAMC”), headquartered in Antigua and Barbuda.

The ECAMC was established by the Member Governments of the Eastern Caribbean Currency Union (ECCU) in response to the increase in non-performing loans (“NPLs”) in the commercial banking sector. The statutory purposes of the ECAMC are to:

• Carry on the business of asset management, including acquiring the whole or any part of, dealing with, managing, and disposing of assets or liabilities of approved financial institutions in an expeditious manner; and
• Act as the receiver of a financial institution whenever appointed by the Eastern Caribbean Central Bank under the Eastern Caribbean Central Bank Agreement or the Banking Act

The successful candidate will be based in Antigua and Barbuda.

APPLICANTS MUST HAVE:

• At a minimum an LL.B and E.C and at least 10 years of postgraduate experience;
• Sound knowledge of company/corporate law;
• Detailed knowledge of legal and banking requirements relating to the acquisition and disposal of collateral;
• Certification by the Institute of Chartered Secretaries and Administrators/Chartered Secretaries Canada (ICSA/CSC) or relevant equivalent experience; and
• Experience in commercial banking operations is a preferred

APPLICANTS SHOULD ALSO HAVE:

• Excellent judgment and creative problem-solving skills including negotiation and conflict resolution skills.
• Superior management
• Problem solving skills; results oriented
• Ability to operate as a strategic thinker and team
• Exceptional written, oral, interpersonal and presentation
• Proficiency in the use of Microsoft Office and project management
• In-house counsel and litigation experience would be an
• Management and supervisory experience would be an

DUTIES

The successful candidate will report directly to the Board of Directors of the ECAMC (the “Board”), as well as operationally to the Chief Executive Officer of the ECAMC (the “CEO”), and will be required to support the effective operations of the Board in line with good corporate governance best practices. The selected candidate will also be responsible for the management of the legal department of the ECAMC. The key responsibilities will include:

Manager, Legal Services

1. Advise the Board and CEO on legal matters that may impact the
2. Provide legal advice, as needed, on areas relevant to the operations of the
3. Prepare and vet contracts and agreements on behalf of the
4. Manage the ECAMC’s
5. Coordinate legal work of external
6. Keep under review legislative, regulatory and governance issues which may impact the operations of the ECAMC and ensure that the CEO is effectively briefed on them.

Corporate Secretary

1. Manage the planning and execution of Board and Committee
2. Attend and take minutes of Board and Committee
3. Prepare and circulate to the respective members, a comprehensive list of all decisions taken at Board and Committee meetings.
4. In conjunction with the Chief Executive Officer (“CEO”), initiate and direct action to give practical effect to all decisions of the Board and its Committees.
5. Oversee the preparation and management of rolling agendas and follow-up trackers, accurately reflecting matters for submission at Board and Committee meetings.
6. In conjunction with the Chair, establish arrangements for evaluating the effectiveness of the Board.
7. Ensure an annual review of the Board and Committee charters, and ongoing review of all
8. key processes pertaining to the Board and its
9. Provide independent and impartial advice and guidance to the Board ensuring in particular the Board’s compliance with the Eastern Caribbean Asset Management Corporation Act and Agreement and good corporate governance best practices.

COMPENSATION

Compensation will be commensurate with qualifications and experience and will include standard allowances applicable to the position. The ECAMC offers a competitive salary package that is tax-free. Applicants are invited to indicate their minimum and average compensation package expectations. All compensation will be in Eastern Caribbean Dollars.

A letter of application, together with a curriculum vitae and at least two written references, should be addressed to:

The Board of Directors

Eastern Caribbean Asset Management Corporation Suite #23, Woods Centre

P O Box W660, Friars Hill Road St. John’s

ANTIGUA

Documents should be delivered by e-mail: info@ec-amc.com, or mailed to the address above.