No economy grows without the use of credit and there is no example of any advanced society without the use of credit. Credit at whatever level of sector, if not properly managed could spell doom for an economy. As we are all aware, for the economy to grow to the point of providing desired jobs and wealth creation, there must be credit extension at all levels of industrial and commercial activities. But credit business extended or granted under a sloppy arrangement is an evil worse than an economy driven by a cash-and-carry regime. All over the world, businesses extend credit to each other, but successful management of these credits has been hampered, abused to a large extent following lack of standards, unethical conducts, insider’s abuse resulting to sharp practices in the industry. Evidencing that there is a systematic absence of regulation and protection of relationships between debtors, creditors, and managers of credit. In other countries of the world where economy is driven by credit system, national institutes for credit are in place to regulate, set standards, moderate ethical conducts and build capacity of the people involved in managing, controlling and monitoring credits at all levels of commercial or business credit activities. The incidence that triggered the world economic and financial meltdown in years back stemmed largely from proper attention that was not paid to sound and disciplined credit management system, thus re-enforcing the need for every country to provide necessary safeguards and infrastructures to protect local credit market economy. In order to foster development of credit management in Nigeria and Africa, and to ensure that standards are set based on best practices in professional and ethical conducts, as well as provision of services geared towards enhancing skills and capacity building of those involved in credit functions, the Institute of Credit Administration (ICA) was established as a non-profit organization in 1992 and got its legal status as a body limited by guarantee under the law of Nigeria in year 2002. The institute’s Bill for charter scaled through and was passed into Law at the Nigeria’s Federal House of Representatives in 2009.
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Experience: 5 years
- Location: Lagos
- Job Field: Law / Legal
Job Summary
- To serve as a Legal counsel and handle all complex legal matters and projects. You will ensure the legality of commercial transactions and advise our company on legal rights and duties.
- The ideal candidate will be responsible for providing legal support and advice to our organization on a wide range of legal issues, including contract negotiations, corporate governance, intellectual property (trademark), and compliance with relevant laws and regulations.
Responsibilities:
- Review, draft, and negotiate a variety of contracts, including but not limited to commercial agreements, employment contracts, and license agreements.
- Provide guidance on corporate governance and compliance issues, including company policies and procedures.
- Stay current on changes in laws and regulations affecting the organization.
- Research, anticipate, and guard the company against legal risks.
- Collaborate with departmental heads to provide strategic and tactical legal support.
Qualifications:
- First degree in Law (LL.B) and admission to the Nigerian bar.
- Minimum of 5 years of cognate experience in corporate law, intellectual property law, or related field.
- Proven experience in research, analysis, and legal advisory on fundamental business matters
- Experience in contract drafting and negotiation as well as dispute resolution,
- Strong analytical and interpersonal skills, with the ability to effectively communicate complex legal issues to non-lawyers.
- Proven ability to work effectively in a fast-paced, deadline-driven environment.
- Ability to maintain confidentiality and handle sensitive legal matters with discretion.
- You have solid experience in Business Establishment, Contract Management, Corporate Governance & Compliance, Data Protection, Litigation, Restructuring & Insolvency, and Tax.
- Have experience working with Government Agencies and Parastatals
- Ample experience drawing up and reviewing legal documentation such as contracts, NDA’s, MOU’s etc.
- Good grasp of Nigeria’s Legal Environment and laws
Method of Application
Interested Candidates hsould send in their application, using the “Job Title” as subject to: [email protected]
