• Application Deadline:
• Position: Legal Officer / Recovery Manager



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 4 - 7 years



• Location Lagos




• Job Field Law / Legal 
  
  

Job Description

• The Legal Officer / Recovery Manager is responsible for overseeing the organization’s legal affairs and managing the recovery of delinquent and non-performing loan portfolios.


• The role ensures strict compliance with applicable laws, regulatory requirements, and internal credit policies while minimizing credit losses and safeguarding the institution’s legal and financial interests.


• This position plays a critical role in enforcing loan agreements, managing litigation processes, supporting credit risk management, and providing legal advisory services across the organization.

Key Responsibilities

Loan Recovery & Credit Risk Management

• Develop and implement effective recovery strategies for overdue and non-performing accounts.


• Manage and monitor delinquent loan portfolios to ensure timely resolution.


• Negotiate settlements, restructuring arrangements, and repayment plans.


• Initiate and oversee collateral realization and enforcement proceedings.


• Track recovery performance against agreed targets and prepare periodic recovery reports.


• Work closely with credit and risk teams to reduce non-performing loan (NPL) ratios.

Legal & Regulatory Compliance:

• Ensure all credit documentation and recovery processes comply with applicable laws, regulatory frameworks, and internal policies.


• Maintain compliance with Central Bank of Nigeria guidelines and other statutory requirements.


• Liaise with external solicitors, law enforcement agencies, and regulatory authorities.


• Manage litigation processes, including court filings, case follow-ups, and legal representation coordination.


• Conduct legal due diligence on collateral documentation and loan agreements.

Legal Advisory & Documentation:

• Draft, review, and negotiate contracts, loan agreements, and other legal instruments.


• Provide legal opinions and advisory support to management and operational departments.


• Conduct legal research to guide business transactions and strategic decisions.


• Ensure corporate compliance with statutory and regulatory obligations.

Qualifications & Experience

• Bachelor of Laws (LL.B) degree.


• Barrister-at-Law (BL) qualification.


• 4–7 years post-call experience in legal practice, loan recovery, credit administration, or financial services.


• Prior experience in banking, microfinance, or financial institutions is highly preferred.


• Strong knowledge of debt recovery laws, contract law, insolvency procedures, and financial regulations.


• Proven experience managing litigation and enforcement processes.

Core Competencies:

• Strong negotiation and recovery management skills.


• Sound legal reasoning and analytical ability.


• High level of integrity and professionalism.


• Attention to detail with strong documentation accuracy.


• Excellent communication and stakeholder management skills.


• Ability to manage multiple cases and meet performance targets.


• Proficiency in legal drafting and case management systems.