Wema Bank Plc – Widely reputed as the longest surviving and most resilient indigenous bank in Nigeria, Wema Bank Plc has over the years, diligently offered a fully-fledged range of value-adding banking and financial advisory services to the Nigerian public.
We are recruiting to fill the position below:
Job Title: Contract Management and Contingent Liabilities Officer
Location: Lagos
Employment Type: Full-time
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Job Summary
- To oversee and manage the full lifecycle of contracts and monitor any contingent liabilities to mitigate financial and legal risks to the organization.
Job Details
- Issue contingent liabilities such as guarantees and bonds, ensuring accuracy and compliance with regulatory requirements.
- Review terms and conditions in inward bonds, ensuring they align with the Bank’s risk appetite and policies.
- Monitor bonds for expiration dates, renewals, and modifications, ensuring timely action to prevent financial risks.
- Draft and negotiate contracts with clients and other parties.
- Lead contract negotiations and managing relationships with key stakeholders. 6. Develop efficient processes for contract management within the department.
- Conduct extensive research and analysis on legal issues and topics.
- Analyze and review complex contracts and identify potential legal risks.
- Assess and enhance legal processes to ensure efficiency, accuracy, and compliance.
- Participate in the development and maintenance of legal databases, systems, and applications.
- Collaborate with the relevant SBUs to gain insights into the Bank’s legal requirements and operations
Requirements
- Qualifications Minimum of a Second Class (Upper Division) Bachelor’s degree in Law from a reputable university.
- Must have been called as a Barrister and Solicitor of the Supreme Court of Nigeria.
Preferred Skills:
- Excellent analytical and problem-solving skills.
- Ability to work collaboratively in a team environment.
- Strong working knowledge of Microsoft Office applications (especially Excel and PowerPoint).
- Strong understanding of legal analysis, regulatory frameworks, and application of laws.
- Proficiency in drafting and reviewing legal documents, contracts, and opinions. 6. Strong communication skills, with the ability to explain complex legal issues to non-legal professionals
Benefits
- Healthcare
- Staff Gym
- Creche
- Parental Leave (Paternity and Maternity)
- Year-End Bonus (13th month)
- Leave and Passage Allowance.
Application Closing Date
16th April, 2025.
How to Apply
Interested and qualified candidates should:
Click here to apply online