About the Role
Retrust Microfinance Bank, a fast-growing subsidiary of Zylus Group International located in Ikeja, Lagos, is seeking a competent, proactive, and results-driven Legal Officer. In this role, you will provide essential legal and operational support for our loan recovery activities, ensuring that delinquent loans are pursued through appropriate legal channels, procedures, and enforcement mechanisms.
Key Responsibilities- Provide legal support and guidance on loan recovery activities, managing delinquent and non-performing loan accounts.
- Work closely with Credit and Recovery teams to develop and implement effective loan recovery strategies.
- Prepare and issue demand letters, notices, and other legal correspondence to defaulting borrowers and guarantors.
- Review loan agreements, guarantees, and collateral documents to ensure proper documentation and enforceability.
- Support debt recovery through negotiation, mediation, settlement agreements, and lawful recovery mechanisms.
- Liaise with external solicitors, law enforcement agencies, and courts on litigation matters.
- Advise management on legal risks associated with lending, credit administration, and debt enforcement.
- Bachelor's Degree in Law (LL.B) and a qualifying certificate from the Nigerian Law School.
- Must be called to the Nigerian Bar and possess a valid practising status.
- Minimum of 2-4 years of relevant legal experience within a microfinance bank, financial institution, or debt recovery organisation.
- Practical knowledge of loan recovery procedures, debt enforcement, litigation, and alternative dispute resolution.
- Strong negotiation, legal research, drafting, and analytical abilities.
- Competitive salary and performance-based incentives.
- Opportunity for career growth in a rapidly expanding financial institution.
- Comprehensive health insurance and other corporate welfare benefits.