Legal Officer at AB Microfinance Bank Nigeria

AB Microfinance Bank is a national microfinance bank licensed by the Central Bank of Nigeria (CBN), with its head office in Lagos and branches spread across Lagos, Oyo, Ogun, Ondo, Abia, Anambra, Delta, Enugu and Rivers State.

AB Microfinance Bank Nigeria is committed to its passion of helping to improve the business opportunities of entrepreneurs by availing them of easy access to affordable loans, as well as improve the general financial status of everyone with its deposit accounts. It is a limited liability company duly incorporated in Nigeria under the 2002 Companies and Allied Matters Act, and is regulated by the Central Bank of Nigeria as a fully-fledged microfinance bank.

The Bank has an exceptional group of very strong international shareholders committed to the task of improving access to financial services in the country. These shareholders are Access Microfinance Holding AG of Germany, KfW - the German Development Bank, the African Development Bank, and the International Finance Corporation of the World Bank Group. Together, they have an established record of setting up and managing microfinance banks across the African and Asian continents in such countries as Nigeria, Tanzania, Liberia, Zambia, Rwanda, Madagascar, Azerbaijan, Tajikistan,Georgia and Brazil.

We are recruiting to fill the position below:

Job Title: Legal Officer

Location: Ikeja, Lagos
Employment Type: Full-time
Ref. Code: LEO/L/Nov/2024

Responsibilities

• Provide support to the Company Secretary & Head, Legal in the preparation of materials for Statutory Meetings of the Company, including Board Meetings and Annual General Meeting.
• Preparation of necessary immigration documents for both long- and short-term expatriates. This involves processing of CERPAC for expatriates, TWP, visas for all visiting personnel, immigrations filings, etc.
• Management of the Bank’s Litigation portfolio and liaising with external solicitors on same.
• Management of Due Diligence on prospective clients including liasing with eternal providers to conduct company and land searches.
• Attendance in court as the representative of the bank, liaising with the relevant Court Officials thereof on a case-by-case basis.
• Undertake the preparation and filing of regulatory returns in compliance with the provision of the Nigeria law, local requirements and regulatory guidelines. This includes Immigrations Returns, Annual Returns, Statement of Affairs, Change of directors etc.
• Provide support to the Company Secretary& Head, Legal in the preparation of Statutory Minutes, including Board Minutes, Committee Minutes, AGM Minutes.
• Training of Credit Officers on Legal Documentation for borrowers. This includes preparation and updating of training manual in line with current development.
• Ensure compliance with Regulatory agencies such as CBN, NDIC, CAC, NOTAP, etc.
• Review of all agreements with institutional service providers
• Review of all agreements with refinanciers and foreign counterparts
• Interphase with respect to institutional association membership matters such as NAMB, Microfinance Forum, Nigerian Institute of Directors, etc.
• Handle all matters relating to Leases such as branch building documentation and agreements, expatriate residence rental, other staff rental etc.
• Undertaking of Legal Research on any subject as requested by Supervisor.
• Preparation of Monthly Risk Incidence report in line with the likely risk exposure of the Bank.
• Manage additional ad hoc tasks as assigned by the Head of Department law on Legal issues, regard being had to the administrative reporting line within the department.

Requirements

• Bachelor of Law Degree from a recognized University.
• Minimum of 6 years relevant work experience (i.e. Post Call to bar).
• Must possess a vast knowledge of the Law and exposure to the financial services sector.
• Broad knowledge in Nigerian law.
• Good negotiation and arbitration skills.
• Knowledge of corporate governance issues.
• Sound knowledge of MS Office package, database management and record keeping.
• Ability to work with high level of discretion and confidentiality.
• Effective and very good communication skills (written and oral).

Soft Skills:

• Excellent interpersonal and organizational skills.
• Ability to work under pressure.
• Excellent team spirit.
• Problem-solving attitude and skills.
• High service-orientation.

Application Closing Date
20th November, 2024.

Method of Application
Interested and qualified candidates should:
Click here to apply online