Legal Officer / Recovery Manager

Key Responsibilities

Loan Recovery & Credit Risk Management:

Develop and implement effective recovery strategies for overdue and non-performing accounts.

Manage and monitor delinquent loan portfolios to ensure timely resolution.

Negotiate settlements, restructuring arrangements, and repayment plans.

Initiate and oversee collateral realization and enforcement proceedings.

Track recovery performance against agreed targets and prepare periodic recovery reports.

Work closely with credit and risk teams to reduce non-performing loan (NPL) ratios.

Legal & Regulatory Compliance:

Ensure all credit documentation and recovery processes comply with applicable laws, regulatory frameworks, and internal policies.

Maintain compliance with Central Bank of Nigeria guidelines and other statutory requirements.

Liaise with external solicitors, law enforcement agencies, and regulatory authorities.

Manage litigation processes, including court filings, case follow-ups, and legal representation coordination.

Conduct legal due diligence on collateral documentation and loan agreements.

Legal Advisory & Documentation

Draft, review, and negotiate contracts, loan agreements, and other legal instruments.

Provide legal opinions and advisory support to management and operational departments.

Conduct legal research to guide business transactions and strategic decisions.

Ensure corporate compliance with statutory and regulatory obligations