Legal and Compliance

Key Responsibilities

1. Legal Advisory

• Provide timely legal opinions on business transactions and operational matters.
• Advise management on legal implications of strategic initiatives.
• Interpret applicable laws and regulations affecting business operations.
• Support business units in identifying and mitigating legal risks.
• Conduct legal research on emerging legislation and regulatory changes.
• Prepare legal briefs and advisory notes for management.

2. Contract Management

• Draft review and negotiate commercial agreements.
• Prepare employment contracts vendor agreements NDAs service agreements and partnership agreements.
• Ensure contractual terms adequately protect the companys interests.
• Maintain a centralized contract repository.
• Monitor contract renewal dates and obligations.
• Recommend improvements to contractual provisions where necessary.

3. Regulatory Compliance

• Monitor compliance with applicable laws regulations and industry guidelines.
• Ensure adherence to regulatory requirements issued by relevant government agencies and industry regulators.
• Coordinate regulatory filings and statutory submissions.
• Monitor changes in legislation and communicate implications to management.
• Conduct compliance reviews across departments.
• Support implementation of regulatory recommendations.

4. Corporate Governance

• Support implementation of corporate governance policies and practices.
• Ensure compliance with governance frameworks approved by the Board.
• Coordinate Board and Committee documentation where required.
• Maintain statutory registers and corporate records.
• Monitor adherence to delegated authorities and approval limits.
• Support Board resolutions and corporate secretarial activities where applicable.

5. Policy Development

• Draft and review company policies and procedures.
• Ensure internal policies align with legal and regulatory requirements.
• Recommend policy revisions following regulatory changes.
• Coordinate periodic policy reviews.
• Maintain the organizations policy register.

6. Compliance Monitoring

• Conduct periodic compliance assessments.
• Develop compliance monitoring plans.
• Identify compliance gaps and recommend corrective actions.
• Track implementation of compliance remediation plans.
• Prepare compliance dashboards and reports.
• Escalate significant compliance breaches.

7. Risk Management

• Identify legal and compliance risks across business operations.
• Participate in Enterprise Risk Management activities.
• Maintain Legal and Compliance Risk Register.
• Recommend risk mitigation strategies.
• Support implementation of internal controls.

8. Litigation Management

• Coordinate litigation activities with external solicitors.
• Prepare legal documentation for disputes.
• Monitor ongoing litigation.
• Maintain litigation register.
• Provide management with updates on legal matters.
• Ensure prompt resolution of legal disputes where possible.

9. Regulatory Relationship Management

• Liaise with regulators and government agencies.
• Coordinate regulatory inspections.
• Respond to regulatory enquiries.
• Prepare documentation required during examinations.
• Ensure timely submission of regulatory reports.

10. Ethics & Compliance Culture

• Promote ethical conduct across the organization.
• Support implementation of the Code of Conduct.
• Coordinate conflict-of-interest declarations.
• Support whistleblowing investigations.
• Conduct compliance awareness campaigns.
• Provide advisory support on ethical issues.

11. Training & Awareness

• Develop compliance awareness programmes.
• Deliver legal and compliance training.
• Educate employees on regulatory developments.
• Prepare compliance newsletters and circulars.
• Promote understanding of corporate policies.

12. Reporting & Documentation

• Prepare periodic legal and compliance reports.
• Maintain compliance registers.
• Maintain statutory documentation.
• Develop management dashboards.
• Track compliance KPIs.
• Prepare Board reports where required.

Education

• Bachelors Degree in Law (LL.B).
• Barrister-at-Law (B.L.) and duly called to the Nigerian Bar.
• Membership of the Nigerian Bar Association (NBA) in good standing.
• A Masters degree in Law Business Administration Corporate Governance or related discipline is an advantage.

Professional Certifications (Preferred)

• Certified Compliance Professional.
• Certified Risk Management Professional.
• Corporate Governance Certification.
• Anti-Money Laundering (AML/CFT) Certification.
• Data Protection Certification (e.g. NDPR GDPR).
• Institute of Chartered Secretaries and Administrators (ICSA/CGI) qualification is an advantage.

Experience

• 36 years post-call experience in legal practice corporate legal services compliance or financial services.
• Experience in contract drafting and negotiation.
• Experience dealing with regulators.
• Experience in compliance monitoring and reporting.
• Exposure to corporate governance practices.
• Experience within insurance insurance brokerage banking financial services or professional services is an added advantage.

Employment Type : Full-Time
Experience: years
Vacancy: 1