Jobs at IBILE Microfinance Bank

Location: Ikeja, Lagos

Job Summary

The Legal Assistant shall be responsible for monitoring and/or advising on all legal matters, commercial contracts, and agreements. The Legal Assistant shall also ensure the company complies with the statutory and corporate governance practices and guidelines as observed in the industry.

Job Description

• Maintain and periodically review the List of Law firms retained by the Bank indicating names, addresses, staffing etc.
• Provide legal support and documentation in respect of external counsel; draft, review legal agreements and ensure adequate documentation.
• Draft and Review all third-party agreements and provide legal opinion.
• Maintain a Register of all Agreements entered into by the bank outlining nature, parties, dates, duration etc.
• Review all contracts or any other documentation where the bank has committed itself and assess legal implications that need to be brought to the management’s attention.
• Draft contracts, agreements and review internal policies and ensure that they are in compliance with all statutory or legal requirements.
• Periodically make entries and update Legal encyclopedia on the extant laws and regulations which relates to the business of the Microfinance Bank.
• Maintain a register of the company’s existing policies.
• Review progress of outstanding litigation, ongoing suits/cases and advice management accordingly.
• Maintains legal encyclopedia of all extant laws relating to the business of the Company.
• Devise and maintain office systems, including data management and filing.
• Attend and observe client interviews and court proceedings as required and advice management accordingly.
• Perform other duties and responsibilities, as may be assigned.

Qualification

• Bachelor's Degree in Law (minimum of Second Class Upper);
• Should possess a minimum of 2 years post-call experience (preferably litigation & company secretariat experience);
• Age limit Between 25 and 30 years of age.

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Job Objective:

Building and managing strategic relationships for fixed deposit customers, serving as the single point of contact for new business as well existing portfolios. Manage the funds of HNI (high net worth) customers.

Understanding the key trends related to the client's industry or domain and providing value-added solutions / suggestions to the client.

Demonstrating an understanding of the client’s domain of activity and responding to the customer’s high priority needs for service and support.

DUTIES AND RESPONSIBILITIES

• To drive the deposit mobilization arm of the business.
• Develop and implement a business plan for identified target markets with identified volumes to drive high volumes of new deposits to the company.
• Develop and implement a business development plan to improve the deposit mobilization and retention of deposit and also manage withdrawal attrition.
• Develop and maintain relationships with corporate clients and individual depositors
• Build new relationships with existing customers and new customers
• Ensure fixed deposit account opening form is duly completed and registered.
• Advice client of deposit status.
• Innovate and develop attractive value-added deposit products together with the Business Development to achieve the overall deposit targets.
• Innovate and improve ways of rewarding depositors in terms of interest earning on ordinary deposit, and fixed deposits.
• Liaise with Deposit Mobilization Team Lead to ensure that, due diligence is always enforced to meet the requirements of the regulator and also protect the interest of both the depositors and the organization.

QUALIFICATION & EXPERIENCE

• Bachelor and/or Masters Degree in Banking & Finance, marketing and any other related course 
• 2 years minimum experience as deposit mobilization officer

REQUIRED SKILLS & COMPETENCIES (technical and soft skills)

• Target and results oriented and willing to take responsibilities
• Possess excellent communication and presentation skills, with a basic level of sophistication in personal interaction and grooming
• Have the ability to initiate and pursue projects approved by management on his initiative
• Confident personality with good analytical and problem-solving skills.