Legal Associate at Paelyt Solutions Limited

Summary

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

Job Responsibilities

• Draft a wide variety of legal agreements.
• Provide advice on corporate legal issues and business matters.
• Identify potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues and provides general guidance on how to avoid or deal with similar situations in the future.
• Provide internal advisory services to the business units and departments within the Company.
• Provide commercial legal support to all departmental projects and job functions.
• Ensure the development of service level agreements for service support and delivery.
• Review ongoing cases and advice management accordingly.
• Monitor the maintenance of the registers and other records required to be maintained by the Company under the Companies and Allied Matters Act (CAMA).
• Provide all such other administrative and other secretarial duties as directed by the Legal Counsel & Company Secretary.
• Provide and interpret legal information, conduct training, and disseminate appropriate legal requirements to staff.
• Provide legal protection and risk management advice to management especially on contract management.
• Formulate compliance checklists to be used for the purpose of ensuring that all information required is provided accordingly.
• Continuously monitor compliance with statutory obligations and advise management accordingly
• Acts as an independent review and evaluation body to ensure that compliance Issues/concerns within the organization are being appropriately evaluated, investigated and resolved.
• Monitors, and as necessary, coordinates compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends.
• Acts as an independent review and evaluation body to ensure that compliance Issues/concerns within the organization are being appropriately evaluated, investigated and resolved.
• Monitors, and as necessary, coordinates compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends.
• Develops, initiates, maintains, and revises policies and procedures for the general operation of the Compliance Program and its related activities to prevent illegal, unethical, or improper conduct.
• Formulate compliance checklists to be used for the purpose of ensuring that all information required is provided accordingly.
• Assist in the development of guidelines, policies, procedures.
• Analyse and review legal agreements, legislation, and documents for the Board.
• Ensure (internal & external) compliance with laid down guidelines, policies, and procedures; investigate issues of non-compliance as may be required.
• Review and advice management on legal implications of internal policies and procedures.
• Review and draft contracts, agreements and internal policies and ensure that they follow all statutory or legal requirements.
• Review progress of outstanding litigation and liaise with and manage external lawyers.
• Any other duties as may be assigned.

Required Qualification(s)
Education:

• A graduate Degree in Law.
• Member of the Nigerian Bar Association.
• Relevant compliance related certification is an added advantage
• A minimum 3-year post NYSC experience.
• Experience working in a Fintech or Financial firm

Skills:

• Sound knowledge of Microsoft office applications especially Word, PowerPoint, and Excel.
• Excellent written &verbal communication skills.
• Strong knowledge of corporate law; commitment and enthusiasm in the delivery of the organization's objectives.
• Demonstrated knowledge of, and experience with, laws dealing with government/regulators and/or commercial contract administration, particularly contract negotiation, preparation and administration
• Ability to provide independent advice (orally and in writing) to senior level management on highly technical matters
• Ability to exercise sound judgment and discretion.
• Good understanding of general and specific Company and commercial law.
• Excellent team working ability to ensure smooth operation in the Legal Unit as a whole.
• Good research skills.