Junior Legal Recovery Officer at AB Microfinance Bank Nigeria

AB Microfinance Bank is a national microfinance bank licensed by the Central Bank of Nigeria (CBN), with its head office in Lagos and branches spread across Lagos, Oyo, Ogun, Ondo and Anambra State.

AB Microfinance Bank Nigeria is committed to its passion of helping to improve the business opportunities of entrepreneurs by availing them of easy access to affordable loans, as well as improve the general financial status of everyone with its deposit accounts. It is a limited liability company duly incorporated in Nigeria under the 2002 Companies and Allied Matters Act, and is regulated by the Central Bank of Nigeria as a fully fledged microfinance bank.

The Bank has an exceptional group of very strong international shareholders committed to the task of improving access to financial services in the country. These shareholders are Access Microfinance Holding AG of Germany, KfW - the German Development Bank, the African Development Bank, and the International Finance Corporation of the World Bank Group.

We are recruiting to fill the position below:

Job Title: Junior Legal Recovery Officer

REF. CODE: JLRO/C/MAR/2023
Location: Ibadan, Oyo
Employment Type: Full-time

Main Responsibilities

• Advising lending unit on general legal aspects of credit business
• Receiving and reacting/responding to client’s solicitor‘s letters, to understand the Legal impart of the correspondences
• Provide daily support to branches regarding all recovery decisions and activities. Support and intervene in police related matters
• Conduct research on Legal issues especially on the adequacy of various types of securities granted by the bank and make recommendations to Head of Credit regularly on legal aspect of lending
• Support in the preparation and filing of regulatory returns in compliance with the provision of the Nigeria law, local requirements and regulatory guidelines.
• Participate in the negotiation and settlement of disputes if any, between loan clients and the bank.
• Ensure proper filing and record keeping of documents and internal registers within the department and review of credit contracts to meet the standards required of the lending business.

Necessary Experience and Knowledge

• Bachelor of Law Degree from a recognized University
• Call to Bar Certificate from the Nigerian Law School
• Minimum of 2 years’ relevant work experience (i.e. Post Call to bar)
• Broad knowledge in Nigerian law
• Good negotiation and arbitration skills
• Knowledge of corporate governance issues
• Sound knowledge of MS Office package, database management and record keeping
• Ability to work with high level of discretion and confidentiality
• Effective and very good communication skills (written and oral)

Soft Skills:

• Excellent interpersonal and organizational skills
• Ability to work under pressure
• Excellent team spirit
• Problem-solving attitude and skills
• High service-orientation.

Application Closing Date
13th March, 2023.

Method of Application
Interested and qualified candidates should send their CV as an attachment to: jobs@ab-mfbnigeria.com Please ensure that you indicate the Job Title as the SUBJECT of the mail.

Note

• Failure to comply would disqualify your application
• Only shortlisted candidates will be contacted.