Elizabeth Maddeux provides a range of human resources solutions designed to empower your workforce, enhance technical proficiency, refine soft skills, and accelerateorganizational growth for better impacts by enhancing organizational dynamics through a well-rounded and robust human resource intervention.
We are recruiting to fill the position below:
Job Title: Legal Officer / Recovery Manager
Location: Ikeja, Lagos
Employment Type: Full-time
Job Description
- The Legal Officer / Recovery Manager is responsible for overseeing the organization’s legal affairs and managing the recovery of delinquent and non-performing loan portfolios.
- The role ensures strict compliance with applicable laws, regulatory requirements, and internal credit policies while minimizing credit losses and safeguarding the institution’s legal and financial interests.
- This position plays a critical role in enforcing loan agreements, managing litigation processes, supporting credit risk management, and providing legal advisory services across the organization.
Key Responsibilities
Loan Recovery & Credit Risk Management:
- Develop and implement effective recovery strategies for overdue and non-performing accounts.
- Track recovery performance against agreed targets and prepare periodic recovery reports.
- Work closely with credit and risk teams to reduce non-performing loan (NPL) ratios.
- Manage and monitor delinquent loan portfolios to ensure timely resolution.
- Negotiate settlements, restructuring arrangements, and repayment plans.
- Initiate and oversee collateral realization and enforcement proceedings.
Legal & Regulatory Compliance:
- Ensure all credit documentation and recovery processes comply with applicable laws, regulatory frameworks, and internal policies.
- Manage litigation processes, including court filings, case follow-ups, and legal representation coordination.
- Conduct legal due diligence on collateral documentation and loan agreements.
- Maintain compliance with Central Bank of Nigeria guidelines and other statutory requirements.
- Liaise with external solicitors, law enforcement agencies, and regulatory authorities.
Legal Advisory & Documentation
- Draft, review, and negotiate contracts, loan agreements, and other legal instruments.
- Provide legal opinions and advisory support to management and operational departments.
- Conduct legal research to guide business transactions and strategic decisions.
- Ensure corporate compliance with statutory and regulatory obligations.
Qualifications & Experience
- Bachelor of Laws (LL.B) degree.
- Barrister-at-Law (BL) qualification.
- Strong knowledge of debt recovery laws, contract law, insolvency procedures, and financial regulations.
- Proven experience managing litigation and enforcement processes.
- 4–7 years post-call experience in legal practice, loan recovery, credit administration, or financial services.
- Prior experience in banking, microfinance, or financial institutions is highly preferred.
Core Competencies:
- Strong negotiation and recovery management skills.
- Excellent communication and stakeholder management skills.
- Ability to manage multiple cases and meet performance targets.
- Proficiency in legal drafting and case management systems.
- Sound legal reasoning and analytical ability.
- High level of integrity and professionalism.
- Attention to detail with strong documentation accuracy.
Compensation & Benefits
- Salary: N300,000 - N500,000 / month.
- Competitive monthly salary
- Health insurance coverage.
- Employer contributory pension scheme.
How to Apply
Interested and qualified candidates should send their CV to: [email protected] using “Legal Officer / Recovery” as the subject of the mail.
Application Deadline 25th April, 2026.
