Junior Legal Officer at AB Microfinance Bank

Locations: South East Nigeria
Reports to: Head, Legal Department

Job Summary

• This role will basically support the Legal Due Diligence process and Legal Compliance process within the Legal Department. Conducting basic research and support the smooth functioning of the department through by carrying out assigned roles within stipulated timelines.
• The role will also support Credit Recovery.

Principal Duties and Responsibilities

• Negotiate, draft and advise on various kinds of commercial agreements.
• On the advice of the line supervisor, conduct research on various relevant legal issues as it affects compliance with the statutory regulations, applicable legislations, agreements and legal issues affecting the Bank’s operations.
• Liaison with client’s solicitors with regard credit arrears management.
• Liaise with external counsel in the co-ordination of land searches, company searches, perfection of mortgages, and ongoing litigation.
• Liaise with appropriate regulatory authorities on behalf of the Company on legal matters.
• Participate in the negotiation and settlement of disputes if any, between loan client and the bank.
• As per the advice of the Head of the Legal Department, conduct research on Legal issues especially on the adequacy of various types of securities granted by the bank.
• Support in the preparation and filing of regulatory returns in compliance with the provision of the Nigeria law, local requirements and regulatory guidelines.
• Attend court and serve as the bank’s representative in court cases and at mediation sessions.
• Ensure proper filing and record keeping of documents and internal registers within the department
• Provide daily support to branches regarding all recovery decisions and activities.
• Support and intervene in Police matters.

Minimum Qualifications

• A good First Degree in Law from a reputable university.
• Membership of the Nigerian Bar Association or its equivalent is essential.
• Minimum of four (4) years’ relevant work experience.
• Ability to effectively conduct research successfully.
• Strong written and oral communication skills.
• Good analytical and negotiation skills.
• Proficiency in the use of computer application packages.

Soft Skills:

• Good interpersonal skills
• Ability to work within stipulated timelines and according to instructions
• Good team spirit
• High service-orientation.