Oyetunde Oloyede

Oyetunde Oloyede

Legal Team Lead and Assistant Company Secretary in Nigeria Inter-Bank Settlement System PLC

Norwood, Massachusetts, USA
Current:Nigeria Inter-Bank Settlement System PLC
Education:International Commercial Law

Job Experience

Legal Team Lead and Assistant Company Secretary

Nigeria Inter-Bank Settlement System PLC

March 2012 a April 2017

Nigeria Inter-Bank Settlement System PLC. (NIBSS) 2012 - 2017
Legal Team Lead and Assistant Company Secretary (2016 ? Present)
Partnered with NIBSS Stakeholders to develop policies and procedures necessary to ensure compliance with applicable regulations; trained employees and monitored their compliance with the policies and procedures. Supported business goals by proactively reviewing, developing and amending NIBSS? legal strategy to meet current and future business needs. Drafted, reviewed and negotiated complex commercial agreements including: master service, technology acquisition, software-as-a-service (SaaS), supply, distribution and consulting agreements. Provided broad support to Company Secretary on corporate governance matters: prepared board and committee meeting materials, drafted governance policies and practices, advised the board on legal and regulatory matters, and provided necessary legal and financial statements to the board. Monitored all company litigation; gathered and compiled internal documentation related to each case (as required) during the discovery process; acted as liaison with outside counsel; attended hearings, motions and meetings regarding each case on an as-needed basis; and informed company officials of the status, likelihood of success, settlement negotiations and disposition of cases. Provided employment law support: approved and managed the work-permit applications for expatriate hires; and conducted due-diligence on potential contractors to limit the risk of liability. Supervised outsourced legal drafting and contract review team in their day to day deliverables, ensuring favorable turnaround time and high quality of service.
Senior Legal Counsel (2014 ? 2015)
Drafted, reviewed and negotiated commercial agreements relating to acquisition of technology, integration of customers? solutions to the company?s infrastructure, and the engagement of banks and other financial institutions with the company?s diverse electronic commerce products. Responsible for setting-up the legal framework to conduct comprehensive legal due diligence on aggregators, billers and merchants seeking integration into NIBSS? electronic payments service platform. Performed periodic internal audits to ensure compliance with applicable regulations. Supported the internal commercial team by providing legal advice on regulatory issues during all phases of the product cycle (pre-market, launch and post launch) to ensure compliance. Managed the relationship with outside counsel on litigation matters, corporate affairs commission matters, due diligence and employee background checks, with a good autonomy on a number of tasks. Represented NIBSS at every court session and prepared summary of court proceedings in respect of every court appearance.
Legal Counsel (2012 ? 2013)
Provided legal advice on multi billion naira Federal Inland Revenue Services? electronic tax payments collection project.
Reviewed and drafted various agreements such as electronic bills payment agreement, central-pay agreement, bank verification number service agreement (?BVN?), among others. Supported business development efforts by conducting due diligence on potential corporate clients to assess and evaluate the clients? financial records, compliance history and business continuity plans. Responsible for developing, implementing and overseeing electronic document storage project for contracts and other customer records to ensure data safety, privacy and data disaster recovery. Performed pre-litigation tasks to reduce company?s exposure and cost of outside counsel fees.


International Commercial Law

University of Salford, Manchester

Currently studying


IT skills

Other Skills

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Career Goals

Industries of interest

Areas of interest

Availability to travel and work outside the city


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