Legal Head at Jubilee Life Mortgage Bank Plc

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Job Description

Jubilee-Life Mortgage Bank Plc is a leading primary mortgage Bank in Nigeria. It was incorporated in August 1992 as a private limited Liability Company. Since its inception, Jubilee-Life Mortgage Bank Plc has evolved into a mortgage Bank with a global outlook whose activities have extended beyond the shores of Nigeria. The Bank has attained significant growth and emerged as a giant in the mortgage banking sector in terms of assets, loans, deposits, profitability, and branch network. We attribute our success to our commitment to deliver safe, viable, and affordable housing solutions which address the housing deficit in Nigeria.

Owing to Nigeria’s exponential population growth, the need to deliver affordable houses for individuals within Nigerian societies cannot be overemphasized. As a result, Jubilee-Life Mortgage Bank Plc strives to meet the identified need. Our expertise in the mortgage banking industry gives us leverage in our quest to alleviate the myriad challenges hindering national housing development. 

Job Industry

Law/Legal and Development

Job Salary Currency

Job Salary Fixed

No

Key Deliverables

Credit & Documentation:

  • Draft, review, negotiate and finalize all relevant legal documents required for Bank lending.
  • Conduct legal due diligence on proposed transactions.
  • Review credit transactions and loan documentation (Draft offer letters and security documents for all facilities availed by the Bank) ensuring that the Bank’s interest is adequately covered.
  • Initiate and monitor perfection of security for facilities availed by the Bank.
  • Issue and review of Contingent Liability Portfolio.
  • Conduct of Corporate, Land and Probate search for corporate accounts, estate accounts and availability of credit facilities.

Litigation:

  • Liaise and manage relationships with external Solicitors to the Bank.
  • Manage all aspects of the litigation portfolio of the Bank.
  • Prepare documents for the appointment of Receiver/Manager.
  • Follow up on all Legacy claims from customers/vendors of the Bank until final resolution is achieved.

Advisory:

  • Draft/review contract documents/agreements to ensure detrimental clauses to the Banks’ interest are expunged.
  • Render legal and advisory functions to the bank
  • Provide advisory support in the purchase of properties on behalf of the Bank.
  • Relate with the company secretary on matters to the Board and the bank

Essential Qualities

Essential Qualities
  • Minimum of First Degree in a Law (LLB; a Master’s degree or additional qualifications in Business or Finance is an advantage. Must be admitted to the bar.

Experience:

  • Minimum of 10 years of legal experience, with at least 5 years in a leadership role, preferably within the financial services sector

Competencies:

  • Knowledge of Credit Administration
  • Knowledge of Credit Risk Management
  • Knowledge of Legal Policies, Processes and Procedures
  • Knowledge of Securities
  • Knowledge of financial regulations, corporate law, data privacy laws, property law and compliance frameworks
  • Knowledge of Banking Structures
  • Knowledge of Companies and Allied Regulations and Acts (CAMA), Memorandum and Articles of Association (Memart), Code of Corporate Governance, SEC and NSE Rules.

Skills:

  • Loan Structuring
  • Financial Statement Analysis
  • Ability to draft all legal documents.
  • Analytical Skills
  • Research
  • Documents and Record Keeping
  • Technical Writing Skills
  • Data gathering and analysis skills

Candidate Abilities & Personality Profile:

  • Manage Complex Legal Issues
  • Attention to Details
  • Building Effective Teams
  • Customer Focus
  • Managing Relationships
  • Interpersonal Skills
  • Negotiation Skills
  • Deal with Change and Uncertainty
  • Decision Quality and Problem Solving
  • Conflict Management.


Application Process

Interested and qualified candidates should send their CV to: careers@jubileelifeng.com using the job title as the subject of the email.

Close Date

24/03/2025