Fresh Career Positions at Wema Bank Plc

Job Summary

• To provide independent appraisal of all activities (through the review of branches and SBUs activities) of Wema Bank Plc with the aim of adding value to the bank’s overall operational activities, assisting in managing and controlling risks, monitoring compliance and improving the efficiency and effectiveness of internal control systems.
• To be responsible for appraising the policies, procedures and management controls of the bank to ensure that her activities are properly managed, and to promote effective controls at reasonable cost. 
• To promote efficient, economical and effective management processes and evaluate the soundness, adequacy and effectiveness of internal controls across the enterprise

Job Details

• Assist the bank meet her objectives and to discharge the responsibilities of providing an independent appraisal of the adequacy and effectiveness of the controls set up by management to help run the bank towards the attainment of its corporate objectives. 
• Conduct audit assignments in accordance with the standards for the Professional Practice of Internal Audit established by the Institute of Internal Auditors (IIA). 
• Perform audit of Branch Operations and Head Office Departments and report findings as appropriate. 
• Ensure that sufficient/adequate and detailed/complete working papers are prepared to support audit findings and recommendations. 
• Assist in ensuring approved Audit Plan for the year is fully achieved in line with Board approved target. 
• Recommend improvements to procedures and systems to prevent fraud and reduce cost (i.e. the number of process improvement identified during the audit review exercise and coming up with initiatives to resolve issues identified). 
• Ensure the submission of branches and SBUs Audit Reports within 3 and 5 working days respectively of completion of audit assignments (i.e. to ensure timely completion of all assigned audit engagements/reports). 
• Review the systems established by the bank to ensure compliance with policies, plans, procedures, laws and regulations which could have a significant impact on operations and determining whether the bank is complying.
• Ensure effective collaboration with stakeholders to remediate gaps identified and coach relevant staff to bridge knowledge gaps where necessary. 
• Provide input to the development/preparation of annual workable Field Audit Plan using appropriate risk-based methodology, including any risk or control concerns identified and submit the work plan to the Statutory Audit committee for review and approval. 
• Assist to carry out any adhoc appraisals, audit, investigations, examinations or special reviews requested by the bank’s management and/or CAE.

Requirements

• Application of technical skills, professional competence and problem-solving skills. 
• Effective collaboration/working with subordinates, colleagues and supervisors toward a common goal 
• Willingness to accept responsibility, degree of commitment
• Effective oral, written & presentation skills
• Suggesting and applying new ideas to given tasks
• Honesty and probity at work
• Proven knowledge of auditing standards and procedures, laws, rules and regulations. 
• High attention to detail and excellent analytical skills 
• Ethical judgement: commitment to integrity, objectivity, and confidentiality in all reviews 
• Risk Awareness: Understanding of risk management principles and how control mitigate risks. 
• High attention to detail and excellent analytical skills 
• Sound judgement in recommending practical, risk-based solutions 
• Financial analysis: understanding of financial statements and accounting principles
• Data Analytics: Skills in using tools like Excel, ACL, BO, Power BI for audit testing and the identification of patterns and trends inherent in data sets

Benefits

• Healthcare
• Staff Gym
• Creche
• Parental Leave (Paternity and Maternity)
• Year-End Bonus (13th month)
• Leave and Passage Allowance

Application Closing Date
15th November, 2925. 

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Job Summary

• The Bancassurance Officer is responsible for driving insurance sales, deepening customer engagement, and supporting overall revenue growth through the bank’s strategic partnership with insurance providers.
• The role involves working closely with branch and insurance partner to promote approved insurance products, ensure seamless service delivery, and achieve assigned performance targets.
• The officer acts as the key liaison between the bank and its insurance partners, ensuring that customer needs are met, compliance is maintained, and the bancassurance channel contributes effectively to the bank’s business objectives.

Key Responsibilities
Sales and Business Development:

• Drive adoption of insurance products (life, health, general, etc.) through Bancassurance staff in bank branches.
• Identify new business opportunities within the bank network and proactively engage to convert them.
• Support bank staff in generating leads, closing sales, and cross-selling insurance products to existing bank customers.
• Achieve monthly, quarterly, and annual sales and premium income targets.
• Conduct periodic sales reviews and develop action plans for improvement in performance.

Relationship Management:

• Maintain a strong working relationship with branch managers, relationship officers, and other key bank personnel.
• Serve as the liaison between the bank and the insurance company to ensure smooth collaboration and issue resolution.

Training and Capacity Building:

• Conduct periodic product knowledge and refresher sessions for branch staff on insurance products and processes.
• Provide guidance to bank staff on identifying customer needs and offering appropriate insurance solutions.
• Collaborate with insurance partners to conduct staff capacity-building sessions and ensure continuous product awareness.

Customer Service and Policy Administration:

• Ensure accurate documentation, underwriting, and policy issuance within agreed timelines.
• Follow up on premium collections, renewals, and customer complaints to ensure timely resolution.
• Liaise with the insurance underwriting and claims departments to ensure smooth processing and feedback to customers.

Reporting and Performance Analysis:

• Prepare weekly, monthly, and quarterly reports on bancassurance performance against set targets
• Provide regular updates on sales activities, challenges, and achievements to the Bancassurance Manager.
• Analyze customer feedback and market trends to identify opportunities for business growth.

Compliance and Risk Management:

• Ensure full compliance with regulatory, company, and partner bank policies.
• Maintain ethical selling practices and protect the reputation of the insurance company and the partner bank.
• Monitor branch-level activities to ensure adherence to agreed service standards and governance requirements.

Key Performance Indicators (KPIs)

• Achieved assigned insurance premium and revenue targets.
• Customer satisfaction and policy retention rate.
• Timeliness of policy processing and claims resolution.
• Accuracy and quality of sales and performance reports. 

Requirements
Qualifications and Experience:

• Bachelor’s Degree in Insurance, Business Administration, Marketing, Finance, or a related field.
• Minimum of 3–7 years of experience in insurance sales, preferably within a bancassurance or partnership distribution setting.
• Certification in insurance (e.g., CIIN, ACII) is an added advantage.
• Strong understanding of insurance products, banking operations, and financial services distribution.

Skills and Competencies:

• Excellent communication, negotiation, and interpersonal skills.
• Strong sales and relationship management abilities.
• Analytical and reporting skills with proficiency in Microsoft Excel and PowerPoint.
• Good organizational skills and attention to detail.
• Ability to work independently and collaboratively with cross-functional teams.
• Customer-centric mindset with a high level of professionalism and integrity.

Benefits
At Wema Bank, we recognize and reward the contributions of our employees by offering a range of benefits designed to enhance their well-being and work-life balance. Here are some key perks you can enjoy as a Knight. 

• Healthcare – We have a comprehensive medical coverage to ensure you, and your loved ones stay healthy.
• Elderly Care - At Wema Bank, our robust HMO plans include a provision for elderly care, allowing you to enroll one of your parents under your health coverage.
• Parental Leave (Paternity & Maternity) – Paid leave to support new parents, allowing them time to bond with their newborns.
• Year-End Bonus (13th Month) – As a Knight there is an opportunity for you to enjoy an additional allowance as a reward for your dedication and hard work.
• Company Events – At Wema Bank we engage in team-building activities, networking opportunities, and celebrations that foster a strong workplace culture.
• Competitive Pay – Attractive salary packages that reflect your skills, experience, and contributions.
• Leave Allowance – Financial support when you take your well-deserved time off.
• Profit Sharing – A share in the bank’s success, ensuring you as an employe benefit from the company’s growth.

Application Closing Date
11th December, 2925.