Job Vacancies at Verite Microfinance Bank Ltd

Job Description

• To effectively manage the Central Cash department and ensure controls of the Bank’s local and foreign cash and draft instruments are consistently adhered to
• Manage and maintain cash limits both at Central Cash and Branches and ensure prompt expatriation of excesses
• Plan and coordinate delivery and collection of cash to and from the Central Bank
• Ensure that foreign cash held is within the set limit
• Verify that vault/reserve cash movement differences are resolved daily
• Supply cash both local and foreign with minimum delay to Branches as per SLA
• Hold in joint custody keys to vault cash compartments
• Ensure accurate and timely processing and reconciliation of General Ledger accounts
• Engage with Partner Banks in cash swaps
• Evaluates daily cash levels and ensures they meet short-term operating needs and long-term project financing requirements
• Transfer funds for customers as per customers instructions in a safe and secure manner by observing due diligence at all times.
• To ensure that customer’ funds transfer instructions are efficiently and promptly executed without delays with a positive impact on customer delight.
• Be very articulate and pay attention to detail while bearing in mind the turnaround time (TAT) for all transfers and processing of customer instructions
• Responsible for all clearing related activities and funds transfer processing
• Ensure customers’ transactions (MCs, Cash Fast) are processed within approved service TAT.
• Ensure maintenance and effective utilization of physical assets and resources (adding machines, workstations, Stamps till boxes etc)
• Ensure customers’ instructions are properly reviewed before processing.
• Ensure all remittances for customers and regulatory agencies are handled within the agreed time-frame
• Account and financial statement preparation.
• Contributes to the safeguarding of corporate assets and the interest of members by ensuring that appropriate internal controls are in place and operating effectively.
• Conduct investigations of suspected internal fraud.
• Providing general assistance to the audit and business service team.
• Management account preparation.
• Developing strong working relationships with colleagues, clients and relevant authorities.

Qualification Required

• Minimum of HND/B.Sc in Business, Finance, Accounting and related disciplines.
• He/She must be experienced in funds transfer, internal control and audit, tellership etc.
• Membership of professional bodies such as ICAN, CIBN is an added advantage
• He/she must have worked in financial institution for minimum of 3 years

Skills and Attributes Required:

• Unquestioned personal integrity with strong ethics and values.
• Capable of working independently and with minimum supervision.
• Good interpersonal skills with a proven ability to communicate effectively [Both written and verbal] with all level within the organisation.
• Strong analytical capability
• Candidate must have excellent customer service orientation; must be able to pay attention to details;

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Job Description

• Speaking to customer making outbound and taking inbound calls about their financial situations.
• Collecting outstanding amounts on their accounts and arranging for payments to be made.
• Set up and reviewing payment arrangements.
• Negotiate full payments and settlements.

Qualifications Required

• A young lawyer with a minimum of 2 years post-NYSC experience