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Contract Management and Contingent Liabilities Officer at Wema Bank Plc

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View Jobs at Wema Bank Plc
Full Time Jobs
Lagos
Posted 2 months ago

Job Title: Contract Management and Contingent Liabilities Officer

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 Instructions:

The application deadline is on 16th April, 2025. Therefore, Qualified and interested candidates can: Click here to apply online. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Website:
Official Job Website: https://www.wemabank.com

Job Features

Job CategoryBanking / Financial Services Jobs

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