Legal Associate at Paelyt Solutions Limited

Paelyt Solutions Limited is an innovative financial services company (payments, loans, and savings) and technology solutions provider. We possess several money lending products, including Traders / Agents, Device Financing, Supplier Financing, Salaries, etc.

Our payment platform, Paytrx, facilitates seamless and secure payments across several online and offline channels. Through partnerships with clients, our solutions are functional at key banks and financial institutions. Our primary focus is on Business-to-Business (B2B) and Business-to-Business-to-Customer (B2B2C) financial services.

We are recruiting to fill the position below:

Job Title: Legal Associate

Location: Lekki, Lagos
Employment Type: Full-time

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.

Application Closing Date
25th November, 2022.