Legal & Compliance Officer at Davenport Microfinance Bank Limited


Davenport Microfinance Bank offers a complete range of financial services and means of payment for its customers, including savings accounts, current accounts and other financial services.

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
  • 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 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
  • 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
  • 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
  • Support to collaborate with HR department to provide periodic trainings for staff on Regulatory compliance.
  • Follow up on approved recommendations of CBN, NDIC etc.

Profile

  • Education level: Degree in Law and a relevant Professional certification is an advantage.

Specific training required:

  • Training on Company products and services.
  • Work experience required (domain and number of years):
  • Must have a minimum of Four (4) years post call legal experience out of which minimum of twelve (12) months in a financial institution.

 

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail

Application Deadline  18th January, 2023.