Legal and Compliance Officer at Ascentech Services Limited Full Time

Job Title: Legal and Compliance Officer

Location: Abuja (FCT)
Employment Type: Full-time

Job Overview

• The candidate will be responsible for ensuring our business operations and procedures comply with regulations (industry, legal or legislative, social-cultural or communal, global best practice or engage in any activity that may advent event that threatens the going concern of financial institution) and internal policies.
• In this position, you will perform a range of duties including evaluating all current and new compliance regulations, reviewing company processes, and leading training sessions.
• You are expected to be an excellent communicator, with in-depth knowledge of the latest industry procedures and regulations.

Responsibilities
Legal:

• Support to provide analysis of 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, andinternal policies and ensure they are inincompliance with all statutory or legal requirements
• 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 avariety of legal issues.
• Examine and report newly published laws, acts, and regulations and ascertain these affect the institution’s business
• 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/advice on thesame
• Provide support for all Law Enforcement related matters when required to do so
• Support to develop comprehensive reports on matters that are to be instituted in Court

Compliance:

• Support to create necessary awareness of regulatory and supervisory provisions,circulars, directives, and legislations affecting the bank’s operation and objectives
• Support to collaborate with theHR department to provide periodic training for staff on regulatory compliance.
• Follow up on approved recommendations of CBN, NDIC, etc.
• Ensure full compliance with monthly reporting to regulatory bodies CBN, NDIC, EFCC,andCredit bureaux.
• Prepare evaluation report on compliance to the management on amonthly basis

Requirements

• Education level: A degree in Law and a relevant professional certification is an advantage.
• Must have a minimum of Two (2) years post-call legal experience out of which aminimum of twelve (12) months in a financial institution.

Salary
N100,000 – N200,000 Monthly.

Application Closing Date
Not Specified.

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

Note: Only qualified candidates will be contacted.