Legal Officer at CredPal

CredPal is a financial technology company that provides credit cards for consumers to meet their immediate financial needs. We are leveraging technology and the retail industry to provide a modern consumer credit solution for Africa and beyond.

We are recruiting to fill the position below:

Job Title: Legal Officer

Location: Yaba, Lagos

Purpose Statement

• The Legal Officer shall be responsible for monitoring and/or advising on all legal matters, commercial contracts, and agreements.
• The Legal Officer shall also ensure the company complies with the statutory and corporate governance practices and guidelines as observed in the insurance industry.
• Ensures transactions are appropriately negotiated, documented, and implemented, losses arising from litigation are minimized, and legal issues carrying negative reputational consequences are avoided.

Key Deliverables

• Conducts any primary legal research required for purposes of preparing legal opinions;
• Draft a wide variety of legal agreements.
• 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.
• Monitor the maintenance of the registers and other records required to be maintained by the Company under the Companies and Allied Matters Act (CAMA).
• Assist in the development of guidelines, policies, and procedures.
• 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 the legal implications of internal policies and procedures.
• Review and draft contracts, agreements, and internal policies and ensure that they are in compliance with all statutory or legal requirements.
• To ensure that legal opinions given on all matters are robust, well researched, and fully protect the overall interest of the Company.
• To vet/draft security documents in accordance with approved terms, evaluating critical issues pertaining to security documents and ensuring that they do not contain any irregularity.
• Assist the Documentation team when required, including drafting new formats of documentation.
• To prepare all litigation cases, ensure proper follow-up and report on the status of new and outstanding cases with proper escalation to Management;
• To introduce a prioritization process and turnaround time for all cases referred by the Recovery Department.
• To assist in the drafting of answers to plaints with summons and counter affidavits and ensure that, at all times, the interests of the Company are well protected.
• To keep up to date with amendments in legislation and advise on their implications for the Company.

Qualifications & Experience

• LLB Degree holder.
• Member of the Nigerian Bar Association.
• A minimum of 3 years post NYSC experience.
• Sound knowledge of Microsoft Office applications especially Word, PowerPoint, and Excel.
• Excellent written & verbal communication skills.
• Strong knowledge of corporate law; commit
• Legal experience in financial services ideally in handling legal cases, contract negotiation, and drafting with skills in leading a legal team, preferably in the Financial Services Industry.

Application Closing Date
30th September, 2022.