• Application Deadline: Wed, 6 Nov 2024 00:00:00 GMT
• Position: Legal and Compliance Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 years


• Location Lagos


• Job Field Law / Legal 
  

Key Responsibilities

• Monitor and interpret laws, regulations, and guidelines relevant to the banking industry.


• Ensure the organization complies with all applicable internal and external legal requirements.


• Advise management and stakeholders on legal implications and risks.


• Manage regulatory relationships and ensure compliance with licensing requirements.


• Develop and implement compliance policies and procedures.


• Conduct regular audits and assessments to identify compliance gaps and mitigate risks.


• Draft, review, and negotiate legal agreements, including contracts with vendors and clients.


• Ensure legal documents comply with regulatory requirements and protect the organization's interests.


• Oversee KYC (Know Your Customer) processes to verify client identities and ensure compliance with AML (Anti-Money Laundering) regulations.


• Implement and maintain effective AML policies and procedures, and conduct training sessions on compliance-related topics to promote awareness and understanding.


• Stay updated on developments in laws, regulations, and industry best practices.

Requirements / Qualifications

• Bachelor’s Degree in Law or equivalent qualification required.


• Minimum of 5 years of experience in legal and compliance roles within the technology or financial services industry.


• Strong knowledge of banking regulations, licensing requirements, and compliance frameworks.


• Experience in drafting and negotiating legal agreements and contracts.


• Familiarity with KYC and AML regulations and practices.


• Excellent analytical and problem-solving skills.


• Effective communication and interpersonal skills.


• Certification in Compliance (e.g., CCEP, CCO) is preferred.

Key Performance Indicators (KPIs):

• Compliance Audit Findings and Resolutions


• Timeliness and Accuracy of Regulatory Submissions and Reporting


• Effectiveness of Compliance Training Programs


• Number of Legal Agreements Successfully Negotiated and Executed


• Feedback from Regulatory Bodies on Compliance Practices