Legal Officer/Recovery Manager at Elizabeth Maddeux

The Legal Officer / Recovery Manager is responsible for managing the bank’s legal matters and overseeing the recovery of delinquent and non-performing loans. The role ensures that all recovery actions comply with legal and regulatory requirements while minimizing credit losses and protecting the bank’s interests.

Key Responsibilities:

• Develop and implement effective loan recovery strategies for overdue and non- performing accounts.
• Ensure all credit and recovery documentation complies with applicable laws and regulatory requirements.
• Liaise with external solicitors, law enforcement agencies, and regulatory bodies. 
• Ensure compliance with Central Bank guidelines, internal policies, and relevant legal frameworks.
• Draft, review, and negotiate contracts, agreements, and other legal documents.
• Provide legal advice to management and various departments on operational and regulatory matters. 
• Ensure the organization complies with statutory and regulatory requirements. 
• Track recovery targets and ensure timely resolution of delinquent accounts. 
• Support credit teams with legal due diligence on collateral and loan documentation. 

Conduct legal research and provide opinions on business transactions and decisions. 

Qualifications & Experience:

• Bachelor’s degree in Law (LL.B) with BL qualification.
• Minimum of 4-7 years’ post MBA experience in legal practice, loan recovery, or credit administration. 
• Experience in banking, microfinance, or financial services is highly preferred. 
• Strong knowledge of debt recovery laws, contract law, and financial regulations. 
• Proficiency in legal drafting and case management. 

Skills & Competencies:

• Strong negotiation and recovery skills
• Sound legal knowledge and analytical ability
• High level of integrity and professionalism
• Attention to detail and documentation accuracy
• Excellent communication and interpersonal skills
• Ability to manage multiple cases and meet targets

Compensation:

• Competitive Salary
• Health Insurance
• Employer Contributory pension