Legal and Compliance Officer at Primera MFBank Ltd.

  • 24, Kofo Abayomi, Victoria Island, Lagos, Nigeria
  • Full-time

Company Description

Primera MFBank, your partner for growth, is a fully licensed technology-driven finance platform that offers financial solutions to businesses and individuals. Anchored by a strong balance sheet and an experienced, hands-on management team, we enhance financial inclusion by offering suite of financial services to meet the needs of clients.

We are recruiting to fill the position below:

Job Title: Legal and Compliance Officer at Primera MFBank Ltd.

Reporting to: Head, Legal & Compliance

Location: Lagos
Employment Type: Permanent

Role Summary:

  • Monitoring and/or advising on all legal matters, commercial contracts, and agreements.
  • Ensure the company complies with the statutory and corporate governance practices and guidelines as observed in the Banking and Finance sector/industry.

Job Description

  • Draft a wide variety of legal agreements.
  • Provide advice on corporate legal issues and business matters.
  • Provide internal advisory services to the business units and departments within the Company.
  • Provide commercial legal support to all departmental projects and job functions.
  • Ensure the development of service level agreements for service support and delivery.
  • Monitor the maintenance of the registers and other records required to be maintained by the Company under the Companies and Allied Matters Act (CAMA).
  • Provide all such other administrative and other secretarial duties as directed by the Legal Counsel & Company Secretary.
  • Assist in the development of guidelines, policies, procedures.
  • Analyse and review legal agreements, legislation and documents for the organization, subsidiaries and Board.
  • Ensure (internal & external) compliance with laid down guidelines, policies and procedures; investigate issues of non-compliance as may be required.
  • Review and advice management on legal implications of internal policies and procedures.
  • Review and draft contracts, agreements and internal policies and ensure that they are in compliance with all statutory or legal requirements


  • LLB degree and Barrister at Law qualification
  • Minimum of 3 years relevant work experience
  • Membership of the Nigerian Bar Association is essential
  • Masters degree will be an added advantage
  • Strong knowledge of corporate law

Additional Information

Key Performance Indicators:

  • Administration - Measures effectiveness in planning, organizing and efficiently handling activities and eliminating unnecessary activities
  • Turn-around time on assigned task.
  • Communication - Measures effectiveness in listening to others, expressing ideas, both orally and in writing   and providing relevant and timely information to management, and members of staff.
  • Dependability - Measures how well employee complies with instructions and performs under unusual circumstances; consider record of attendance and punctuality.
  • Teamwork - Measures how well employee gets along with fellow employees, respects the rights of other employees and shows a cooperative spirit.   
  • Decision Making/Problem Solving – Measures effectiveness in understanding problems and making timely, practical decisions.