Description

Job Title: Legal and Compliance Officer

Support the Head, of Legal Compliance & Governance to ensure that Credit Direct adheres to all relevant laws, contractual and regulatory obligations, and internal policies while maintaining robust governance practices to minimise the company’s exposure to legal risks, liabilities and sanctions.

Responsibilities

Compliance Monitoring, Audits and Awareness:

• Ensure the organization’s activities comply with all relevant legal and regulatory requirements.
• Maintain comprehensive documentation of compliance activities, findings, and actions taken.
• Conduct regular compliance audits to ensure adherence to internal policies and regulatory requirements.
• Develop, review, update and implement compliance programmes, policies and controls in line with relevant CBN regulations.
• Monitor the Company’s activities to identify any potential regulatory infractions and proffer viable resolution measures. Also, evaluate internal processes, systems, and operations to uncover any vulnerabilities and develop strategies to mitigate risks.
• Monitor regulatory changes by staying up to date with changes in laws, regulations, and industry standards to ensure that the company remains compliant.
• Prompt preparation and submission of regulatory and statutory reports to requisite regulatory authorities including CBN and NFIU, as well as the Company’s Group Internal Audit (GIA).
• Reporting and documentation of records of compliance activities, including incident reports, audits, and remedial actions. Also, prepare and submit reports to management and regulatory bodies as required.
• Identify potential compliance issues and recommend corrective actions.
• Maintain accurate and up-to-date records of compliance activities and findings.
• Ensure accurate and timely reporting of compliance issues and resolutions.
• Develop training materials and resources to support compliance education efforts.
• Facilitate training and awareness programmes across divisions and departments to educate staff members about their respective responsibilities and promote a culture of compliance.
• Monitor and report on the effectiveness of compliance training programs.

Legal Support:

• Drafting and review of legal documents including but not limited to agreements, letters and legal opinions, as well as provision of sound and instructional inputs that will guide contractual reviews and negotiations.
• Provision of timely advisory support across a variety of legal topics, including but not limited to labour law, contractual compliance and regulatory provisions.
• Conducting legal and non-legal research and providing analytical feedback upon which advice will be proffered to the requesting officer/team.
• Appropriately advise external counsel to either institute or defend new litigation cases on behalf of Credit Direct and ensure proper follow-up on such cases.
• Work with relevant teams within the business’s operations to appropriately resolve and manage customer complaints which are adversarial in nature.
• Oversee and coordinate the execution and delivery of all legal documents.
• Attendance of relevant meetings and documentation of minutes.

Other Support:

• Support the conduct of investigations into allegations of fraud and forgeries within or against the company by staff and/or external parties. This will involve gathering of evidence, interviewing employees, and recommending appropriate actions to address the issues.
• Support with the maintenance of liaisons with external regulatory bodies and stakeholders to ensure the maintenance of open lines of communication.
• Monitor changes in relevant laws and regulations and communicate updates to the Lead, Legal Compliance & Governance.
• Prepare and present compliance reports to the Lead, Legal Compliance & Governance.
• Other general administrative duties and responsibilities as assigned by the Head of Unit/Department.

Requirements

Education/ Professional Qualification:

• Bachelor’s degree in Law.
• Professional certifications in compliance (e.g., Certified Compliance & Ethics Professional (CCEP), Certified Regulatory Compliance Manager (CRCM)) are desirable.

Experience:

• Minimum of 2 – 5 years post-call work experience with a bank or finance company with adequate industry knowledge of relevant CBN regulations, AML/CFT policies, etc.
• Strong understanding of legal compliance principles, regulations, and governance frameworks.

Technical:

• Legal Advisory
• Legal Translation & Drafting
• Corporate Secretarial Administration
• Regulatory Compliance
• Research
• Risk Management​
• Anti-Money Laundering/Countering the Financing of Terrorism/Combating Proliferation Financing (AML/CFT/CPF) Compliance.

Behavioural:

• Entrepreneurial Mindset
• Excellence
• Execution
• Energy
• Empathy
• Evolution
• Emotional Intelligence
• Business Acumen
• Decision-Making
• Result Oriented
• Strategic Thinking
• Communication written & verbal
• Stakeholder Management
• Developing Others
• Analytical Thinking
• Leading Change
• Managing Risk
• Service Orientation

Benefits

At Credit Direct Finance Company Limited, we value our employees and strive to provide a comprehensive benefits package that recognizes their contributions and supports their well-being. As part of our commitment to a positive work environment, we offer the following benefits:

• Competitive Salary: We offer a competitive salary structure that is commensurate with industry standards and recognizes the skills and experience of our employees.
• Quarterly Performance Pay: We recognize and reward exceptional performance. Our quarterly performance pay program allows employees to earn additional compensation based on their individual and team achievements.
• Transport Subsidy: We understand the importance of accessible transportation for our employees. To assist with commuting expenses, we provide a transport subsidy to help alleviate the financial burden associated with travel to and from work.
• Staff Bus: We offer a convenient and reliable staff bus service for eligible employees, ensuring a comfortable and stress-free commute to the workplace.
• Hybrid Work: We believe in providing flexibility and work-life balance. Our hybrid work policy allows eligible employees to work remotely for a certain number of days per week, promoting a healthy work-life integration.
• 13th Month Salary: As an additional financial benefit, we provide a 13th-month salary to our employees. This extra payment, usually received at the end of the year, serves as a bonus and acknowledges their dedication and commitment throughout the year.
• Leave Allowance: We recognize the importance of taking time off for rest and relaxation. In addition to annual leave entitlement, we provide a leave allowance to eligible employees, offering financial support during their vacation time.
• Profit Sharing: We believe in sharing our success with our employees. Through our profit-sharing program, eligible employees have the opportunity to receive a share of the company’s profits, providing an additional incentive for their dedication and hard work.

These benefits are designed to support our employees’ financial well-being, work-life balance, and professional growth. We continuously review and enhance our benefits package to ensure that it remains competitive and aligned with the needs and preferences of our valued employees.

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