LEGAL & COMPLIANCE OFFICER AT ADVANS LAFAYETTE MICROFINANCE BANK

About Company:

Advans Nigeria, originally established as La Fayette Microfinance Bank Limited in June 2012, was founded with the mission to provide comprehensive financial services to Micro, Small, and Medium Enterprises (MSMEs) across Nigeria. Our commitment to supporting MSMEs is at the heart of our operations, ensuring financial inclusion and empowerment for small businesses. 

Job Description:

Legal

• Support to provide analysis on legal and policy issues
• Support in co-ordinating the writing and updating of processes, procedures and other guides relating to operations
• Review contracts, legal related documents, internal policies and ensure they are in compliance with all statutory or legal requirements
• Support to manage the Institution’s charged off loans and non- performing assets
• Provide legal counsel to recover outstanding debts from defaulting Customers.
• Conduct research into variety of legal issues.
• Examine and report newly published laws, acts and regulations and ascertaining how these affect the institution’s business

Compliance

• Support to create necessary awareness on regulatory and supervisory provisions, circulars, directive and legislations affecting the bank’s operation and objectives
• Support to collaborate with HR department to provide periodic trainings for staff on Regulatory compliance.
• Follow up on approved recommendations of CBN, NDIC etc.
• Ensure full compliance of monthly reporting to regulatory bodies CBN, NDIC, EFCC, Credit bureaux.

Requirements:

• Education level: Degree in Law and a relevant Professional certification is an advantage.
• Specific training required:
  • Must have a minimum of Four (4) years post call legal experience out of which minimum of twelve (12) months in a financial institution.
  • Training on Company products and services.
  • Work experience required (domain and number of years):

Salary

Application Closing Date: Not specified

Application Instructions:

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