Internal Control Officer at Microcred Group

Reports to : Operational Risk Manager

Overview

• Working in the employment of BAOBAB Microfinance Bank Limited, the employee will hold the Resident Branch Controller position with a direct reporting line to the Operations Risk Manager.
• He shall be responsible for conceptual ownership of all management processes in operations within the branch(s) of the bank.
• He shall also ensure adequate compliance to information technology industry standards by the bank.
• He will identify potential risks inherent in the established procedures within these areas of his responsibility and Identify appropriate mitigating control measures against such risks.
• Where necessary control measures are not in place, the employee shall also be responsible for designing appropriate controls for management approval and subsequent implementations.
• In this capacity, the incumbent will be a key support to the management and serves as the eye of the Chief Risk Officer in ensuring all employees of the branch comply with laid down rules and procedures in the performance of their assigned roles. In essence, his duties shall focus on ensuring the branch's assets are safeguarded and ensuring the integrity of the branch records.

Responsibilities

• Ensure adequate vault administration control
• Ensure adequate control in the handling of late deposits and subject to count deposits
• Provide control on cash and teller operations
• Cash shipment control
• Control on POS, ATM operations etc.
• Customer verification & field inspection
• Cheque clearing and fund transfer control
• Branch / department expenses control
• Ensure proofing on prepayment
• Customer service control – Account opening, Reactivation, closing, and client enquiries
• Risk assets creation and management control, including fund utilization spot check.
• Money laundering and KYC
• Environment and premises security
• Branch fixed assets
• Mail administration in the branch
• Store / stock- branch stationeries and filling
• Branch / department personnel - Attendance register, Leave utilisation and compliance, Staff Engagement, Discipline, etc
• Branch transaction call over and credit files review
• Archiving and I.T. at the branch
• Cooperate with Central Archive Officer in-store management and archives items movement
• As may be directed by the CRO or Operations Risk Manager.
• Branch Risk Champion – Branch Risk Register, Issue Management, and Controls.

Required Profile

• Minimum of HND / B.Sc. in Accounting or ICAN PE1
• Internal control or audit practice experience is an advantage
• Analytical and Accounting Skills
• Oral and Written Communication Skills
• Extensive Working Knowledge of Microsoft Word, Excel and PowerPoint, Intranet Mailing facility, and the core banking application of the bank
• Conceptual Skills of banking operations, I.T., credit administration, risk management
• Micro Finance Internal Control skills
• Grade level- E.T. - B.O.
• Generic Competencies Required
• Attention to Details.
• High level of integrity and commitment to duty
• Performance Under Pressure
• Problem-Solving and Leadership skills
• Objective and Independent Minded.
• Good interpersonal relationship
• Multi-Disciplinary disposition
• High retentive memory
• Multitasking disposition
• Zero tolerance to error, negligence, irregularity, and frauds