Legal & Compliance Officer at Advans LaFayette Microfinance Bank

Advans Nigeria, originally established as La Fayette Microfinance Bank Limited in June 2012, was founded with the mission to provide comprehensive financial services to Micro, Small, and Medium Enterprises (MSMEs) across Nigeria. Our commitment to supporting MSMEs is at the heart of our operations, ensuring financial inclusion and empowerment for small businesses. In January 2013, Advans Nigeria proudly opened its first branch office in Ibadan, marking the beginning of our journey in delivering exceptional microfinance banking services. By May 2013, we expanded with a second branch, followed by three additional branches in 2014 to cater to the growing needs of our clients.

Our growth continued in 2016, with two more branches established outside of Ibadan, further extending our reach. In 2019, Advans Nigeria achieved a significant milestone by obtaining a national operating license from the Central Bank of Nigeria, solidifying our status as a premier microfinance bank. Today, Advans Nigeria boasts over 30 branches and outlets across 7 States in Nigeria, offering a wide range of microfinance solutions, including loans for business owners, digital microfinance banking, and financial services for low-income families. Our expansion plans are focused on reaching even more communities, ensuring that financial empowerment and economic development are accessible to all.

Join Advans Nigeria as we continue to grow and support the financial goals of MSMEs, individuals, and communities throughout Nigeria. Trust us for reliable microfinance banking services and experience the benefits of working with an international microfinance institution dedicated to your success.

We are recruiting to fill the position below:

Job Title: Legal & Compliance Officer

Location: Lagos
Employment Type: Full-time

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
Required profile

• Education level: Degree in Law and a relevant Professional certification is an advantage.
• Specific training required:
  • Must have a minimum of Four (4) years post call legal experience out of which minimum of twelve (12) months in a financial institution.
  • Training on Company products and services.
  • Work experience required (domain and number of years):

Application Closing Date
21st November, 2025.

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