Job vacancies at Rigo Microfinace Bank

A Holding company located at Victoria Island, Lagos, Nigeria with susidiaries covering  Banking, Real Estate, Insurance and Asset Management has a vacancy for a Performance Management Officer. 

Job Function 

• Design, implement and monitor Performance Management to enable employees and teams to understand the goals of the Organisation and to identify how individual and team outputs contribute to the achievement of the Organisation's objectives; specifically through managing the performance cycle to ensure cross-Complex alignment and intra-Complex cascading of business goals and Key Performance Indicators across the Organisation.
• Work in liaison with key stakeholders e.g. budget, strategy and Human Resources Business Partners to establish and support the link between strategic business objectives and people’s day-to-day actions and tasks by implementing a process for tracking progression from goal setting, mid-year reviews and end of year evaluations to support individual, team and organizational performance.
• Ensure targeted communication and capacity building programs in the performance management process to enable managers to effectively evaluate and measure individual and team performance and to optimize performance and productivity.
• Manage and coordinate organization-wide efforts to ensure that performance management and performance improvement programs are developed and managed using a data-driven approach that sets priorities for improvements in line with on-going strategic imperatives.
• Develop and communicate the strategic vision, scope, priorities, processes, systems and tools of the performance management unit.

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A Holding company located at Victoria Island, Lagos, Nigeria with subsidiaries covering  Banking, Real Estate, Insurance, and Asset Management has a vacancy for the role of a Risk Management/Control Officer

• Examine and evaluate the effectiveness and adequacy of the internal control systems
• Perform review of the effectiveness and application of risk assessment methodologies and risk management procedures
• Review financial and management information systems, including the electronic banking services and electronic information system
• Review financial reports and accounting records for accuracy and reliability
• Perform review of means, techniques, or methods of safeguarding assets
• Perform review of system applied by the bank in evaluating its capital vs estimated risk
• Perform evaluation of the economy and operational efficiency
• Perform test on both the functioning of specific internal control procedures and transactions
• Perform review on established systems for ensuring codes of conduct, compliance with regulatory and legal requirements, and the implementation of procedures and policies
• Perform special investigations; and carry out tests on the timeliness and reliability of the regulatory reporting.
• Undertaking internal audits to ensure the company meets its financial, operational and compliance objectives
• Supporting the development of an assurance planning reporting process
• Reporting on control deficiencies to management and making recommendations to mitigate risk and add value
• Challenging current processes across the company and identifying opportunities for refinement
• Engaging remediation of identified issues through follow-up
• Playing an active role in the maintenance and review of policies and procedures, including ensuring they are up to date with all legislation and best practices
• Communicating with a variety of stakeholders across the company.
• Any Other Activity that may protect the integrity of this bank's policies, procedures, processes, and controls.
• Designing and implementing an overall risk management process for the organization, which includes an analysis of the financial impact on the company when risks occur
• Performing a risk assessment: Analysing current risks and identifying potential risks that are affecting the company
• Performing a risk evaluation: Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements
• Establishing the level of risk the company are willing to take
• Preparing risk management and insurance budgets
• Risk reporting tailored to the relevant audience. (Educating the board of directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)
• Explaining the external risk posed by corporate governance to stakeholders
• Creating business continuity plans to limit risks

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A Holding company located at Victoria Island, Lagos, Nigeria with subsidiaries covering  Banking, Real Estate, Insurance, and Asset Management has vacancies for the role of the Managing Director, Insurance Brokerage.

Office Location: Victoria Island

• Direct and control the work and resources of the company and ensure the recruitment and retention of the required numbers and types of well-motivated, trained and developed staff to ensure that it achieves its mission and objectives.
• Prepare a corporate plan and annual business plan and monitor progress against these plans to ensure that the company attains its objectives as cost-effectively and efficiently as possible.
• Provide strategic advice and guidance to the chair and members of the board, to keep them aware of developments within the industry and ensure that the appropriate policies are developed to meet the company’s mission and objectives and to comply with all relevant statutory and other regulations.
• Establish and maintain effective formal and informal links with major customers, relevant government departments and agencies, local authorities, key decision-makers and other stakeholders generally, to exchange information and views and to ensure that the company is providing the appropriate range and quality of services.
• Develop and maintain research and development programmes to ensure that the company remains at the forefront in the industry, applies the most cost-effective methods and approaches, provides leading-edge products and services and retains its competitive edge.
• Prepare, gain acceptance, and monitor the implementation of the annual budget to ensure that budget targets are met, that revenue flows are maximized and that fixed costs are minimized.
• Develop and maintain an effective marketing and public relations strategy to promote the products, services and image of the company in the wider community.
• Represent the company in negotiations with customers, suppliers, government departments and other key contacts to secure for it the most effective contract terms.
• Develop and maintain Total Quality Management systems throughout the company to ensure that the best possible products and services are provided to customers.
• Develop, promote and direct the implementation of equal opportunities policies in all aspects of the company’s work.
• Oversee te preparation of the annual report and accounts of the company and ensure their approval by the board.
• Develop and direct the implementation of policies and procedures to ensure that the company complies with all health and safety and other statutory regulations.

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A Holding company located at Victoria Island, Lagos, Nigeria with subsidiaries covering  Banking, Real Estate, Insurance, and Asset Management is in need of an accountant.

Job Location: Victoria Island 

• The Finance Officer is responsible for the financial management of the organization and financial reporting for the organization. This includes monthly financial reporting, budgeting and forecasting, 5-year financial plans and all statutory financial reporting
• Providing sound financial support and insights to enable the Bank to make critical business decisions
• Presentation of financial results and insights to the Board and executive management.
• Play a key role in the formulation of the business's strategy
• Managing and overseeing the taxation affairs of the organization and liaising with the external tax firm for specialist advice
• Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls.
• Managing the External Auditor relationship and ensuring the organization is compliant with accounting standards
• Managing and overseeing the company's banking and borrowing arrangements
• Managing relationships with Investors (where applicable)
• Managing and overseeing the company’s financial systems
• Investment appraisal and analysis
• Presenting results to non-finance people to understand
• Recruitment, training, mentoring, and development of staff
• Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions.
• Risk Management to ensure the business has a solid risk framework in place
• Overseeing commercial decision-making from tender analysis, margin analysis, pricing analysis, etc.
• Advising and implementing best practice methods to increase revenue and reduce costs
• Advising on market changes and providing strategic financial recommendations to the Executive Leadership Team
• Managing and tracking budget and accounting information including billing, collections, and tax information.