La Fayette Microfinance Bank Limited Job Vacancy Application Details | How To Apply

Job Vacancy Application at La Fayette Microfinance Bank Limited Ongoing | How to Apply Online.

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La Fayette Microfinance Bank Limited Job Vacancies


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Details of La Fayette Microfinance Bank Limited Vacancy Position & How to Apply.

La Fayette Microfinance Bank Limited – As an international registered microfinance bank, La Fayette Microfinance Bank offers a complete range of financial services and means of payment for its customers, including savings accounts, current accounts, and fixed deposits accounts.

Fully client-oriented, La Fayette Microfinance Bank offers great flexibility, independence, and financial security to help clients stay committed to their short and long-term financial goals. Formally incorporated as La Fayette Microfinance Bank, the bank started full operation in February 2013 and has built a strong client base, serving clients from eight branch networks in Ibadan– Bodija, Challenge, Dugbe, Gbagi, and Iwo road, Ogbomosho, Oyo, and Saki towns, all strategically situated within close proximity to customers.

We are recruiting to fill the position of:

Job Title: Legal and Compliance Officer

Location: Lagos
Planned Start Date: 03 / 01 / 2022.


  • Support to provide analysis on legal and policy issues
  • Support in coordinating the writing and updating of processes, procedures, and other guides relating to operations
  • Review contracts, legal-related documents, internal policies and ensure they are in compliance with all statutory or legal requirements
  • Support to manage the Institution’s charged-off loans and non-performing assets
  • Provide legal counsel to recover outstanding debts from defaulting Customers.
  • Conduct research into a variety of legal issues.
  • Examine and report newly published laws, acts, and regulations and ascertain how these affect the institution’s business
  • Perfecting of legal documentation.
  • Support in recommending operating policy and procedural improvements.
  • Keep abreast with all government legislations and CBN policies that may affect operations and present opinion/advice on the same
  • Provide support for all Law Enforcement related matters when required to do so
  • Support to develop comprehensive reports on matters that are to be instituted in Court.


  • Support to create necessary awareness on regulatory and supervisory provisions, circulars, directives and legislation affecting the bank’s operation and objectives
  • Support to collaborate with the HR department to provide periodic training for staff on Regulatory compliance.
  • Follow up on approved recommendations of CBN, NDIC, etc.
  • Ensure full compliance of monthly reporting to regulatory bodies CBN, NDIC, EFCC, Credit bureaux.
  • Prepare evaluation report on compliance to the management on a monthly basis


  • Education level: A degree in Law and a relevant Professional certification is an advantage.

Specific training required:

  • Training on Company products and services.

Work experience required (domain and number of years):

  • Must have a minimum of four (4) years post-call legal experience out of which a minimum of twelve (12) months in a financial institution.

Application Closing Date
Not Specified.

Submit your CV and Application on Company Website: Click Here.

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