Legal Officer at LAPO Microfinance Bank Limited

Legal Officer at LAPO Microfinance Bank LimitedPosted on Thu 20th Feb, 2025 – hotnigerianjobs.com — (0 comments)

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.