Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.
Effective risk management is fundamental to the business activities of the Standard Bank Group (group). While we remain committed to increasing shareholder value by developing and growing our business within our broad determined risk appetite, we are mindful of achieving this objective in line with the interests of all stakeholders.
Stanbic IBTC Bank is recruiting to fill the below position:
Job Title: Legal Officer - SIPML
Job ID: 12724
Location: Nigeria
Position Description
The Legal Officer is responsible for ensuring that the Stanbic IBTC Pension Managers Ltd (SIPML) complies in every form and manner with the applicable Laws, Edicts, Rules and Regulations in force in the Federal Republic of Nigeria.
Key Responsibilities
The legal officer is responsible to the company secretary/head legal in the following ways:
General company secretarial duties:
- Attending to general Company Secretarial duties such as, attending various meetings within and outside the Company as maybe directed from time to time by the Company Secretary; taking minutes of meetings, circularizing action points from the meetings, uploading relevant papers for discussion on the relevant platform,
- Dealing with correspondence; Collating information and writing reports while ensuring that action memos are prepared timeously and communicated to the relevant Stakeholders;
- Conduct basic research from the Corporate Affairs Commission and compile, analyze and prepare all such reports.
- Stamping of documents at the federal board of Inland Revenue and Lagos state Inland Revenue services; Keeping and updating the required statutory books such as The Register of Members, Minute Books for both the Meetings of the Board of Directors, and Shareholders Meetings.
- Completing various Statutory Return Forms in compliance with the provisions of the regulatory bodies. Such bodies include but are not limited to The Corporate Affairs Commission, and the National pension Commission, etc.
General legal advisory services:
- To Provide Legal advice to SIPML and its management staff on key Legal issues affecting it while ensuring compliance with all relevant regulations/statutes in respect of its dealings.
- Rendering various Legal Opinions and Advise on Pension Issues, and all related legal issues that might arise from time to time in the course of the day-to-day activities of the Company.
- Interfacing with Shareholders, various Regulators and other stakeholders from time to time on all issues relating to the Company or its method of doing business.
- Conducting and assisting to conduct research
Litigation:
- Liaising with External Solicitors on Legal Issues including but not limited to Litigation at various Courts within and outside the Federal Republic of Nigeria and keeping the Company and management duly advised thereon; holding watching brief for the company in respect of all its matters under litigation; perusal of court processes served on the Company and preparing/assisting in the preparation of Court processes such as Statement of Claim, Statement of Defense, Set-off, Counter claim etc for and along with the Company’s external solicitors.
- Providing Negotiation and Mediation skills on issues that may arise in respect of the group.
Drafting and conveyance:
- Drafting, reviewing, vetting, and advising on all documents, agreements and contracts involving the company or any of its units as may arise from time to time. Such Agreements will include but are not limited to: Portfolio Management Agreements, Investment Management Agreements, Technical Service Agreements, Service Level Agreements, Deeds of Assignment, Trust Deeds and other related Agreements, Lease Agreements, and Power of Attorney.
General solicitors work:
- Specifically responding to and evaluating all legal issues affecting the Company as well as all Teams in the Company.
- Conduct searches on properties which are of interest to the Company, or properties which provided by clients as security for facilities to be granted them by the Company.
- Representing the interest of the Company or any relevant Team in the Company when invited by any law enforcement agency such as the Police, Economic and Financial Crimes Commission, NDLEA or other agencies where necessary.
- Interpret laws, directives, regulations, and court decisions as they may affect the Company and/or services rendered by the Company; and help train new lawyers into the Company.
- General Legal advisory and Solicitors work as may arise from time to time as the Company develops and any other duty that may be assigned to the Legal Officer by the Company Secretary, or Chief Executive Officer.
Key Performance Measures
- Ensure excellent Legal Service Delivery in line with Service Standards.
- Excellent Compliance with the rules and regulations regarding the Corporate Affairs Commission, National pension Commission and all other regulatory bodies.
- Upto date on all External matters of the Company including monitoring matters out sourced to external solicitors.
- Demonstrate integrity, ingenuity and inventiveness in the performance of assigned task.
- Anticipate and communicate to the Company Secretary issues on legal and administrative requirements & opportunities
Important relationships:
- Executive Management of SIPML
- Colleagues in the legal and Company Secretariat Team
- SIBTC Group, Executive Committee members of SIPML
- Management of SIPML; Business Unit Heads within SIPML
- Employees of SIPML
- Other employees of Stanbic IBTC Group
- External solicitors and Consultants
- Regulators at various levels
- The General Public
Required Skills and Qualifications
Knowledge:
- Minimum, University Degree and called to the Nigerian Bar.
- Professional Qualification in Company Secretarial, and/ or Pension issues is desirable
- A higher Academic qualification will be an advantage
- Understanding of Laws, Edict, Rules, Regulations, Policies, Procedures and Practices as they may relate to the Pension Industry.
- Strong Analytical Skills
- Understanding of Pension Business, Products and Services
- Must be fluent in both oral and written English.
- Excellent use of MS Office Applications, and other Technology based tools.
Experience:
- Experience in handling Legal issues.
- Experience in relating with regulators, and external solicitors.
- Experience in pension fund administration issues issues might be an added advantage.
Required Competencies:
Problem Solving:
- Required to work around difficult and complex situations, while applying fundamental Legal principles, Rules and Procedures.
- Required to use initiative, take decisions on the spur of the moment, be attentive and accommodating.
- Required to be on top of the relevant Laws, Edits, Rules and regulations applicable to the Pension Industry.
- Required to posses good research skills towards solving problems that may arise in the Company or the day to day running of the affairs of the Company.
- Required to have good writing skills and inter personal skills.
Planning:
- Activities are planned on a short to long term basis as they may relate to diverse Legal issues.
- Day to Day planning of activities is required for more operational Legal activities that require routine approval, processes or advise.
Decision Making:
- Focused on the current trend as regards the applicable Laws, Edicts, Rules and Regulations in all levels which may be Federal, State, Local Government and even regulatory institutions so as to be able to take decisions to improve the wellbeing of the Company and its entire staff.
- Impacts on entire workforce, with extended impact on clients, regulators and overall business.
Personal competencies:
- Detailed and analytical
- Discrete with information
- Self Starter, willing to work with no supervision
- At home with Laws, Edicts, Rules, Court decisions, and Regulations
- Flair for Personal Development & Learning
- Sociable, good interpersonal and relationship management skills and possess the ability to work as part of a team.
- Excellent communication and organizational skills.
Application Closing Date
10th November, 2014
How to Apply
Interested and qualified candidates should:
Click here to apply online