Job Vacancies at Mkobo Microfinance Bank Limited

Location: Yaba, Lagos

Purpose of the Position

• The primary purpose of this position centers on ensuring the Bank’s risks are properly monitored and managed.
• The individual will also be responsible for the development and implementation of systems, policies and procedures aimed at mitigating identified risks, including devising strategies or programs in order to find appropriate balance in all forms of credit and operational risks while also ensuring regulatory compliance.

Key Functions

• Planning, designing implementing & managing the overall risk management process for the bank by developing the risk management framework, policies, processes, procedures, and reporting standards that define the bank’s risk strategy and appetite in line with its overall business objectives
• Monitor the business development for emerging risks and recommend policies and procedures to improve the risk management process
• Developing methods to generate a robust system to identify, monitor, manage and control credit, market and operational risks.
• Facilitate the identification, assessment, measurement, monitoring, controlling, and reporting the level of risks
• Maintain oversight over the bank’s enterprise risk management activities
• Act as the champion of risk management for the Company and help improve the Management team's understanding of key risk identification, assessment, monitoring,reporting, and mitigation.
• Provide support, education and training to staff in order to create risk awareness
• Ensures proper documentation of credits by adhering to set documentation standards and procedures
• Define credit approval framework and recommend credit approval limits in line with banks’ policy
• Analysis and appraisal of Individual credit requests in accordance with approved policies and procedures to ensure that credit exposures are created subject to stipulated guidelines
• Conduct periodic stress tests and scenario analysis, assessing the impact on the Bank’s credit portfolio and make appropriate recommendations to senior management for appropriate action
• Review and analyze the delinquent portfolio to identify key causal factors, make recommendations and track them to ensure adequate and timely closure
• Work with loan recovery team, in negotiating workout plans and strategies for delinquent customers and provide additional support with respect to exposures requiring collection agencies or legal action
• Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate
• Prepare timely, comprehensive and reliable credit risk reports to senior management and board on a regular basis
• Monitor and manage the performance and development of direct reports.
• Develop appropriate Risk Management strategies/tools and disseminate appropriate risk management practices in line with developments in business products, change in clients, markets/industry, laws and regulations.
• Carry out any other task as requested by Management.

Candidate Requirements

• B.Sc in Accounts, Finance, Economics or related subjects
• Postgraduate degree and/or professional qualification added advantage
• Postgraduate degree an added advantage
• Minimum of 5 years experience in a similar role
• Completion Microfinance Certification program (MCP)
• Minimum of five (5) years experience in a similar role at a MFB or Financial institution
• Awareness of emerging and innovative credit risk assessment specifically social scoring, alternative credit scoring, and big data analytics tools.

Skills:

• Credit Administration, credit analysis, and appraisal skills
• Experience developing policy and process documents
• Excellent presentation and communication skills
• Good team player with excellent leadership traits
• Planning and organization skills
• High degree of professionalism, maturity and confidentiality
• Strong interpersonal and presentation skills.
• Strong analytical and problem-solving skills
• Innovative and strategic thinking
• Sound interpersonal and negotiation skills

Must have Skills:

• Loan assessment
• Data analytics
• Process documentation
• Credit Administration
• Ability to mentor

Planning and Organization Skills:

• Professionalism
• Strong analytical skills
• Problem-solving skills.
• Influencing and Negotiation skills.

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Location: Yaba, Lagos

Job Role

• The primary focus of this role is to support the growth Mkobo by providing comprehensive Human Resource and office administrative services to support the achievement of business strategy and corporate objectives.
• The HR & Admin Manager (HRAM) will provide the following core HR services namely recruitment, training & development, benefits & compensation, HR and office administration. Provide training & coaching for supervisors and Managers on their people management skills.
• Develop “bench strength” of talent & skills to enable quick fulfillment of job openings.

Person Description

• Ethical with a high level of integrity
• Good communicator, listener and a team player
• Professional, responsible, and accountable
• Quality and customer-focused, open to ideas, change and Commitment to the Company’s Vision and Values

Responsibilities

• Develop and implement HR strategies and initiatives aligned with the overall business strategy and objectives. Manage the recruitment and selection process
• Contributing to the development of HR department goals, objectives, and systems
• Developing and administering human resources plans and procedures that relate to company personnel
• Planning, organizing, and controlling the activities and actions of the HR department
• Bridge management and employee relations by addressing demands, grievances or other issues
• Maintaining and revising the company’s HR policies, handbooks and procedures and ensuring effective implementation and enforcement of the approved policies
• Support current and future business needs through the development, engagement, motivation and preservation of human capital
• Develop and monitor overall HR strategies, systems, tactics and procedures across the organization
• Managing, updating, and maintaining the HRIS system, and other HR platforms and fundamental HR tasks
• Ensure legal compliance throughout human resource management
• Ensure that a comprehensive remote working policy is put in place where there is a high engagement of remote staff and they are fully embedded into Mkobo team
• Nurture a positive working environment to encourage a high-performance team
• Oversee and manage the performance appraisal system that drives high performance
• Maintain salary structure/plan and benefits program
• Assess training needs to apply and monitor training programs
• Develop “bench strength” of talent & skills to enable quick fulfillment of job openings
• Ensure that the office is run efficiently and all services are maintained to ensure a conducive working environment.
• Administers and tracks vacation, medical leave, and other leave of absence.
• Any other corporate administrative dutiesmay be required from time to time.
• Ensure smooth running of all administrative functions in the office.

Qualifications

• Minimum of 7 Years relevant professional experience; 5 years experience in the financial services and 2 years experience at senior management level
• Minimum of Degree in Human Resources, Business Administration or Law
• Knowledge of digitizing HR processes end to end or of any HRIS systems.
• Possesses strong verbal and written communication skills
• Professional Human Resources qualifications/certification
• Must be a member of CIPM (Chartered Institute of Personnel Management of Nigeria) and possess a valid HR Practitioner License from the institute
• Must be a holder of HRPL (Human Resources Practitioner License)

Must have skills:

• Culture development
• Learning and development
• HRIS/HRMS
• Payroll processing
• Compensation and benefits
• HR Strategy and initiatives
• Performance management.

Knowledge:

• Knowledge of other applicable employment regulations and statutory obligations.
• Knowledge of human resources best practices.
• Knowledge of how to effectively manage a remote team
• Knowledge/experience in hiring and managing technical talents
• Knowledge of current remuneration practices and principles
• Demonstrates business acumen and translates business objectives into actionable HR plans and results
• Knowledge of developing training programs for Employees
• Ideally has understood or use OKRs