Principal Legal Counsel in Lagos, Nigeria

Banking / Financial Services
Legal Services
Minimum Qualification
Master's Degree
Required Experience
5 - 7 years
Employment Type
Full Time
Male or Female
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Job Description

Under the direct supervision of the Division Manager, Private Sector Operations (GECL.2), the incumbent will be responsible for the following activities in connection with the Private Sector activities of the Bank:

  • Conducting legal due diligence on proposed transactions such as the review of project documents and agreements (including development or construction contracts, supplier agreements, concession agreements, joint venture agreements, management agreements and shareholders’ agreements, etc.), constitutive documents of proposed borrowers/investee funds and review of local regulatory requirements;
  • Liaising and collaborating with staff in the private sector operations, finance and environmental and social departments to develop the appropriate terms and conditions of each transaction, ensuring compliance with Bank’s policies;
  • Participating in project appraisal missions and reviewing project concept notes, project appraisal reports, drafting board resolutions;
  • Drafting and/or reviewing, negotiating and finalising all legal documentation relevant to the proposed transaction, including term sheets, loan agreements, lines of credit agreements, common terms agreements, guarantee agreements, participation agreements, inter-creditor agreements, security documentation, assignment agreements and information memoranda, etc., depending on the nature of the project and the type of financing;  
  • Advising on transaction structure and documentation for private equity investments by the Bank to ensure compliance with Bank policies and practice as well as applicable laws including drafting and/or reviewing shareholders agreements, partnership agreements, management agreements, co-investment agreements, subscription agreements, etc.
  • Providing legal support for the implementation and monitoring of projects after signing and disbursement, including advising on waiver requests, approval requests and project work-outs;
  • Liaising with co-lenders/investors, partners and external counsel as and when needed; and
  • Undertaking such other assignments as required in furtherance of the Department's mandate.



  • At least a Master’s degree in Law, plus admission to the Bar of (or diploma to practice law in) a member country; or a first university degree plus a relevant combination of academic qualification in Law (e.g. Juris Doctor (JD) plus admission to the Bar of (or diploma to practice law in) a member country of the Bank;  
  • Preferably at least 6 years of relevant professional experience with an established law firm or an international financial institution, with in-depth experience in major international financial transactions;
  • Proven competence in International banking and finance, Project Finance, Private Equity, Development and Public International Law;
  • Excellent negotiation skills and demonstrated ability to work under pressure and deliver within tight deadlines;
  • Possess a versatile multi-disciplinary skills-set, an ability to work in a multi-cultural environment and effective communication, team building, inter-personal, writing and analytical skills;
  • Ability to communicate and write effectively in English and/or French, preferably with the ability to work in both languages; and,
  • IT Competence in the use of standard software such as MSWord, Power Point, Excel and Internet Explorer.


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