Legal and Compliance Officer at Government Workers Credit Union (GWCU)

Government Workers Credit Union (GWCU) is a financial technology company that operates in Nigeria to provide financial services to government workers in Nigeria. By leveraging technology, particularlythe Internet, we are able to provide best inclass service at terrific speed.

We are recruiting to fill the position below:

Job Title: Legal and Compliance Officer

Location: Abuja (FCT)
Employment Type: Full-time

About the Role

• We are looking to hire a Legal and Compliance Officer who will work with the team, be responsible for ensuring our business operations and procedures comply with regulations (industry, legal or legislatives, social-cultural or communal, global best practice or engage in any activity that may advent event that threatens the going concern of financial institution) and internal policies.
• In this position, you will perform a range of duties including evaluating all current and new compliance regulations, reviewing company processes, and leading training sessions.
• You are expected to be an excellent communicator, with in-depth knowledge of the latest industry procedures and regulations
• What do you need to be considered successful?

Responsibilities
Legal:

• Support to provide analysis on legal and policy issues
• Support in co-ordinating the writing and updating of processes, procedures and other guides relating to operations
• Review contracts, legal related documents, internal policies and ensure they are in compliance with all statutory or legal requirements
• Support to manage the Institution’s charged off loans and non- performing assets
• Provide legal counsel to recover outstanding debts from defaulting Customers.
• Conduct research into variety of legal issues.
• Examine and report newly published laws, acts and regulations and ascertaining how these affect the institution’s business
• Perfecting of legal documentation.
• Support in recommending operating policy and procedural improvements.
• Keep abreast with all government legislations and CBN policies that may affect operations and present opinion/advise on same
• Provide support for all Law Enforcement related matters when required to do so
• Support to develop comprehensive reports on matters that are to be instituted in Court

Compliance:

• Support to create necessary awareness on regulatory and supervisory provisions, circulars, directive and legislations affecting the bank’s operation and objectives
• Support to collaborate with HR department to provide periodic trainings for staff on

Regulatory Compliance:

• Follow up on approved recommendations of CBN, NDIC etc.
• Ensure full compliance of monthly reporting to regulatory bodies CBN, NDIC, EFCC,

Credit bureaux.

• Prepare evaluation report on compliance to the management on monthly basis

Application Question(s):

• Do you have experience in Financial Services?
• Do you have experience working in a Law firm?

Application Closing Date
28th March, 2024.

How to Apply
Interested and qualified candidates should send their Applications to: [email protected] using the Job Title as the subject of the mail.