Latest Jobs at Bosak Microfinance Bank Limited

Job Summary

• The Enterprise Risk Management Officer will be responsible for identifying, assessing, monitoring, and mitigating risks across various Units of the Bank.

Key Responsibilities

• Assess the Bank’s core risk areas and recommend appropriate mitigation measures.
• Manage and monitor risk exposures across various units, ensuring compliance with internal policies and regulatory expectations.
• Create, analyze, and disseminate risk reports and dashboards for internal control and senior management review.
• Follow up on compliance issues and audit observations, ensuring timely closure and control remediation.
• Review and escalate findings from customer complaints received via the Bank’s toll-free telephone line, and support investigations in collaboration with the Unit Head.
• Conduct daily transaction checks and exception reports, especially those related to field operations and loan disbursement.
• Perform transaction call-over, quality control checks, and loan officer activity reviews.
• Support the documentation and continuous improvement of the Bank’s Enterprise Risk Management (ERM) framework.
• Participate in periodic risk assessments, stress testing, and internal audits.
• Carry out other ad hoc risk-related assignments as directed by the Unit Head.

Qualifications & Requirements

• Bachelor’s degree in Finance, Risk Management, Accounting, Economics, or related field.
• 3 years of relevant experience in risk, compliance, or internal control, preferably within a microfinance or retail banking institution.
• Familiarity with risk frameworks such as Risk Management Graduation Model(RMGM), and a strong understanding of CBN/NDIC regulatory requirements.
• Proficiency in risk reporting, issue tracking, and operational control monitoring.
• Excellent communication and report-writing skills.
• Strong ethical judgment and attention to detail.
• Professional certificationis an added advantage.

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Responsibilities
Strategic HR Leadership:

• Design and execute people strategies aligned with Bosak’ s values of simplicity, professionalism, and respect.
• Advise executive leadership on workforce planning, succession, and organizational design to support branch expansion and financial inclusion goals.
• Lead the development and enforcement of HR policies and processes in line with regulatory and ethical standards.

Talent Acquisition & Retention:

• Oversee recruitment across business units, with emphasis on field-based roles such as loan officers and deposit mobilizers.
• Develop microfinance-specific talent pipelines and promote diversity and inclusion in hiring.
• Implement retention strategies including welfare programs, competitive remuneration, and employee engagement initiatives.

Learning & Development:

• Identify industry-specific skill gaps and build training frameworks that emphasize credit risk, KYC, customer relations, and digital banking.
• Drive internal talent development through mentorship, coaching, and structured career paths.
• Promote continuous learning and development through training platforms and cross-functional exposure.

Performance Management:

• Establish and monitor KPIs that align employee output with institutional targets (e.g., loan repayment, deposit growth).
• Lead the annual performance appraisal process with an emphasis on fairness, feedback, and measurable development.
• Foster a high-performance culture through clear accountability and reward systems.

Compliance & Risk Management:

• Ensure all HR practices are fully compliant with Nigerian labor laws, CBN regulations, and relevant microfinance standards.
• Maintain secure employee records, oversee payroll, and ensure data privacy in line with NDPR.
• Drive workplace discipline and risk mitigation through consistent enforcement of codes of conduct.
• Employee Engagement & Organizational Culture
• Champion employee wellness, inclusion, and morale through structured programs and an open-door policy.
• Encourage a purpose-driven workplace culture centered on service to underserved communities.
• Manage conflict resolution, grievance redress, and change management initiatives with empathy and professionalism.

HR Operations & Analytics:

• Supervise end-to-end HR operations including onboarding, off boarding, benefits administration, and policy reviews.
• Use data analytics to track turnover, training ROI, and productivity metrics to inform strategic decisions.
• Prepare and manage HR budgets, optimizing resource allocation without compromising staff welfare.

Qualifications and Requirements

• Bachelor’s Degree in Human Resource Management, Business Administration, or related field.
• A recognized professional HR certification (e.g. CIPM, SHRM, or CIPD) is mandatory.
• Minimum of 7 years post-NYSC HR experience, with 3 years in a managerial role within the financial or microfinance sector.
• Strong knowledge of Nigerian labor law, CBN regulatory requirements, and HR compliance procedures.
• Demonstrated success in recruitment, staff development, succession planning, and performance management.
• Excellent communication, leadership, and stakeholder management skills.
• Proficiency in HR information systems, Microsoft Office Suite, and payroll management platforms.
• A strong commitment to financial inclusion and working with grassroots communities.

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Key Responsibilities

• Financial Management: Oversee day-to-day financial operations, including accounts payable/receivable, payroll, budgeting, and financial reporting.
• Budgeting and Forecasting: Develop and manage the annual budget and financial forecasts. Monitor financial performance against budgets and provide variance analysis.
• Financial Reporting: Prepare and present accurate and timely financial reports, including monthly, quarterly, and annual financial statements, in compliance with relevant accounting standards.
• Regulatory Compliance: Ensure compliance with all relevant financial regulations, including Central Bank guidelines, tax laws, and other legal requirements. Prepare reports for regulatory bodies as required.
• Cash Flow Management: Monitor and manage the bank’s cash flow to ensure liquidity and optimize the use of funds.
• Audit Coordination: Coordinate with external auditors during financial audits, ensuring all necessary documentation and information are provided.
• Financial Analysis: Conduct financial analysis to support decision-making processes. Provide insights on cost control, profitability, and financial performance.
• Team Management: Lead and mentor the finance team, ensuring professional development and the effective execution of financial tasks.
• Collaboration: Work closely with other departments to provide financial insights and support business operations. Assist in the development of financial strategies and initiatives.
• Technology and Process Improvement: Identify opportunities to improve financial processes and systems, leveraging technology to enhance efficiency and accuracy

Qualifications & Requirements

• A Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
• ICAN or ACCA certification is an added advantage.
• Minimum of 5 years experience in a financial control or accounting role within the banking or microfinance sector.
• Strong understanding of microfinance operations and regulatory compliance.
• Proven experience in budgeting, financial reporting, and financial analysis.
• Excellent leadership, analytical, and problem-solving skills.
• High level of accuracy and attention to detail.
• Strong knowledge of GAAP and financial reporting standards.
• Proficiency in Microsoft Office Suite and accounting software.
• Familiarity with the economics of banking and financial services.

Skills:

• Strong understanding of accounting principles and finance.
• Excellent analytical skills for interpreting financial data.
• Experience with financial reporting and creating financial statements.
• Attention to detail and accuracy in financial analysis.
• Promptness in Posting of Transactions.
• Income Statement and Balance Sheet Review.
• Weekly/Monthly Bank Reconciliations.
• Preparing General Ledger Reconciliation.
• Monthly Update of Fixed Asset Register.
• Preparing Monthly Journals.
• PAYE/WHT Remittances, Receipts documentation.
• Raising Internal Memos.
• Preparing Monthly Management Account.
• Raising Monthly Journals.