Legal and Compliance Officer at Dominion Consulting

Dominion Consulting - Our top client, who aims at disrupting microcredit in Africa by building a credit system to help people reach their financial freedom and turn their dreams into reality.

They are recruiting to fill the position below:

Job Title: Legal and Compliance Officer

Location: Abuja (FCT)
Employment Type: Full-time

Job Description

• Our client is looking to hire a Legal and Compliance Officer who will work with the team, and be responsible for ensuring our business operations and procedures comply with regulations (industry, legal or legislatives, social-cultural or communal, global best practice or engage in any activity that may advent event that threatens the going concern of financial institution) and internal policies.
• In this position, you will perform a range of duties including evaluating all current and new compliance regulations, reviewing company processes, and leading training sessions. You are expected to be an excellent communicator, with in-depth knowledge of the latest industry procedures and regulations

Responsibilities
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
• Perfecting of legal documentation.
• Support in recommending operating policy and procedural improvements.
• Keep abreast with all government legislations and CBN policies that may affect operations and present opinion/advise on same
• Provide support for all Law Enforcement related matters when required to do so
• Support to develop comprehensive reports on matters that are to be instituted in Court

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.
• Prepare evaluation report on compliance to the management on monthly basis.

Requirements

• Education level: Degree in Law and a relevant professional certification is an advantage.
• Must have a minimum of Four (2) years post call legal experience out of which minimum of twelve (12) months in a financial institution.

Salary
N200,000 / month.

Application Closing Date
27th September, 2023.