Legal Officer at LAPO Microfinance Bank Limited

LAPO Microfinance is a pro-poor financial institution committed to the empowerment of low-income Nigerians through creation of access to responsive financial services on a sustainable basis. The institution was founded as a non-profit entity by Mr. Godwin Ehigiamusoe while working as a Rural Co-operative Officer.

LAPO Microfinance Bank Limited exists to address the economic and social subjection of a large number of Nigerians through provision of financial services to micro, small and medium enterprises on affordable terms. LAPO Microfinance Bank provides a range of financial services which enable low-income households enhance their productive capacity; build and consolidate their economic and manage their risks. These products and services include loans, savings, micro-investment and micro-insurance services.

We are recruiting to fill the position below:

Job Title: Legal Officer

Location: Maryland, Lagos
Employment Type: Full-time

Job Summary

• To provide support to the Head, Legal in all matters of legal nature and ensure effective management of legal and contractual risks.

Job Details

• Conduct thorough legal research on relevant laws, regulations, and precedents.
• Analyze legal documents and provide clear and concise legal opinions.
• Stay updated on changes in legislation and regulatory requirements that may impact the bank.
• Draft, review, and negotiate various contracts and agreements, including loan agreements, vendor contracts, and service agreements.
• Maintain accurate records of all contracts and legal documents.
• Assist in the development and implementation of Data Protection policies and procedures.
• Assist in conducting internal Data Protection audits and investigations.
• Assist in the preparation of legal documents for litigation cases.
• Conduct legal research and gather evidence to support litigation efforts.
• Prepare legal memos and reports on various legal issues.
• Identifying and assessing potential legal risks associated with collateral and developing strategies to minimize those risks
• Contributing to due diligence processes related to the acceptance of collateral, verifying the legal status and ownership of assets.
• Ensure that all legal documents are stored and managed in accordance with legal and regulatory requirements.
• Drafting, reviewing, and negotiating loan agreements, security documents, and collateral arrangements. This ensures that all legal requirements are met and that the institution's interests are protected.
• Ensuring that collateral documentation accurately reflects the terms of the agreement and complies with relevant laws and regulations
• Assisting in the formulation of internal policies and procedures related to collateral management.

Others

• Perform other duties and responsibilities, as may be assigned by the Head of Department  

Requirements

• Education: A good Bachelor Degree in Law. An LLM will be an added advantage. 
• Experience: Minimum of 5 years’ relevant experience, at least 5 of which should demonstrate proven track record in contract negotiation and drafting.

Benefits

• Competitive Salary
• Health Insurance (HMO)
• Leave Grant (Allowance)
• 13th Month 
• Paid Time Off (PTO): 
  • Vacation days
  • Sick days
  • Holidays
• Retirement Savings Plan: 
  • Contributory pension 
• Insurance: 
  • Group life insurance
  • Workers' compensation insurance
• Professional Development: 
  • Budget for conferences, workshops, and trainings
  • Mentorship opportunities.

Application Closing Date
27th February, 2025.

How to Apply
Interested and qualified candidates should:
Click here to apply online