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Job Summary
The Legal & Compliance Regulatory Officer will be responsible for ensuring that our operations comply with all relevant laws, regulations, and industry standards. This role involves monitoring regulatory developments, assessing potential risks, and implementing appropriate compliance measures.
Job Details
- Monitor changes in laws, regulations, and industry standards affecting the microfinance banking sector and ensure the bank’s operations remain compliant.
- Draft, review, and negotiate contracts, agreements, and legal documents to protect the bank’s interests and ensure compliance with applicable laws and regulations.
- Provide legal advice and guidance to management and staff on various legal issues, including regulatory compliance, contract interpretation, and risk management.
- Identify legal risks and vulnerabilities, conduct legal risk assessments, and develop strategies to mitigate legal risks and minimize potential liabilities.
- Ensure compliance with corporate governance principles and regulatory requirements, including organizing and facilitating board meetings and maintaining corporate records.
Requirements
- Bachelor’s degree in Law (LLB). A Master’s degree will be an added advantage.
- 4 years of of experience working in a legal role in the financial services industry.
- Sound knowledge of laws, regulations, and industry standards governing microfinance banking operations.
- Strong analytical and problem-solving skills.
- Ability to work independently and collaboratively in a fast-paced environment, with high professionalism and integrity.
- Proficiency in legal research, drafting legal documents, and representing clients in legal proceedings.
- Attention to detail, organizational skills, and the ability to prioritize tasks and meet deadlines effectively.
About Company
VFD Microfinance
https://vfdbank.comVFD Microfinance Bank is a dynamic, Lagos-based financial services institution operating in the microfinance banking sector. The combined experience of our management and board of directors spans more than five decades and several banking and finance organizations, nationally.
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