About the Role
Lovonus Microfinance Bank is licensed by the Central Bank of Nigeria (CBN) and insured by the NDIC, delivering reliable financial services to micro and small entrepreneurs. We are seeking a proactive, highly experienced, and strategic Head of Legal Services to lead our legal unit from our Head Office in Iddo, Lagos Mainland. In this executive capacity, you will oversee all legal affairs, manage litigation and loan recovery processes, advise the Board on corporate governance, and ensure strict compliance with statutory frameworks.
Key Responsibilities- Provide strategic legal advice to Executive Management and the Board on corporate, operational, and regulatory matters.
- Draft, review, negotiate, and execute commercial contracts, service level agreements, and credit documentation.
- Oversee external litigation, debt recovery legal actions, and dispute resolution processes while managing external solicitors.
- Monitor developments in financial regulations, CBN guidelines, and NDIC mandates in collaboration with risk units.
- Supervise the legal vetting of land documents, asset perfection, and corporate registry searches at the CAC.
- Support board administration, organize meetings, maintain official corporate records, and manage filings.
- Identify potential legal vulnerabilities and implement proactive measures to safeguard the Bank assets and reputation.
- Bachelor of Laws (LL.B) and Call to the Nigerian Bar (B.L); an LL.M is an added advantage.
- Active membership in the Nigerian Bar Association (NBA) in good standing.
- Minimum of 7 to 10 years post-call experience in corporate law, litigation management, and legal advisory.
- At least 3 to 5 years of managerial experience within a financial institution, microfinance bank, fintech, or commercial bank.
- Deep understanding of banking operations, debt recovery procedures, and CBN/NDIC regulatory frameworks.
- Exceptional negotiation, conflict resolution, leadership, and communication skills with high professional integrity.
- Competitive salary and compensation package aligned with industry standards.
- Opportunity to drive strategic legal operations within a reputable, NDIC-insured microfinance bank.
- Dynamic and professional work environment in Lagos Mainland with strong career growth potential.