Jobs at Maestro Microfinance Bank

Scope of the Role

• The Head of Credit & Risk Management is responsible for the monitoring and management of the credit portfolio of the Bank as well as developing and implementing systems, policies and procedures aimed at credit administration and credit risk mitigation.

Specific Responsibilities

• Planning, designing implementing & managing the overall credit administration and credit risk management process for the bank by developing the credit risk management framework, policies, processes, procedures and reporting standards that define the bank’s creditrisk strategy and appetite in line with its overall business objectives.
• Other duties as assigned by the Managing Director
• Any other duties and responsibilities that may be assigned from time to meet the objectives of the Company.
• Monitor the business development for emerging credit risks and recommends policies and procedures to improve the credit risk management process.
• Facilitate the identification, assessment, measurement, monitoring, controlling and reporting the level of credit risks
• Maintain oversight over the bank’s enterprise credit risk management activities.
• Provide support, education and training to staff in respect of credit administration as well as to create credit 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 to the Bank’s credit portfolio and make appropriate recommendations to senior management for appropriate action.
• Support the loan recovery team, in negotiating work out plans and strategies for delinquent customers and provide additional support with respect to exposures that may require collection agencies or legal action
• Review and analyze the delinquent portfolio to identify key causal factors, make recommendations and track them to ensure adequate and timely closure.
• 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

Technical Knowledge / Minimum Requirements

• First Degree in Economics, Finance or any other discipline, Master’s Degree is an added advantage.
• Experience in planning and orchestrating available resources efficiently and effectively
• Must reside within Abuja
• Minimum of 6 years banking experience with at least 3 years in a senior management role in a Microfinance Bank.
• Impeccable understanding of financial statements and business dynamics
• Practical insight and experience into the commercial and operational functioning of a business.
• Ability to take commercial insights and translate into the organization and people agenda to influence the business
• Proven ability to persuade, influence and build credibility with all levels and all functions
• Knowledge of micro, small and medium enterprise market.
• Good coaching and relationship building skills
• Deep understanding of a Microfinance Bank credit dynamics
• In-depth understanding of Microfinance Regulatory framework
• Ability to manage competing deadlines in a high-pressure environment, with varying ranges of supervision.

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Scope of the Role

• The Head of FINCON (Financial Control) is to ensure optimal allocation of Bank's resources as well as ensure the accurate maintenance of the financial records in order to optimize the liquidity position of the Bank and mitigate financial, business and reputational risks.

Specific Responsibilities

• Preparation and submission of CBN and NDIC monthly rendition Returns
• Preparation and presentation of Monthly Management Account to the board through MD/CEO
• Budget preparation and budgetary control as well as effective implementation
• Investment and fund management
• Daily report to MD/CEO on liquidity position and performance of the bank
• Chief driver of weekly Asset and Liabilities Management committee meeting
• Preparation and Presentation of Monthly Performance Review (MPR) report and chief driver of the meeting
• Treasury and Liquidity Management of the bank
• Remittance of statutory deductions on monthly basis such as PAYE, WHT, VAT etc.
• Authorization of payment of vendors and staff payroll
• Weekly Review of Bank Reconciliation statement
• Any other duties as assigned by MD/CEO and Board.

Technical Knowledge / Minimum Requirement

• Minimum academic qualification of a Bachelor's Degree or HND in Accounting or Finance.
• Must be a Chartered Accountant.
• Strong background in accounting.
• Possession of CFE, CISA, and CFAN professional certifications as added advantage.
• 8 years minimum of working experience with at least 4 years in a financial institution.
• Outstanding communication and presentation skills.
• Demonstrated leadership ability, confidence, and executive presence – ability to motivate staff.
• Excellent analytical, reasoning, and problem-solving skills.
• Significant experience working with external auditors, internal controls, and compliance-related issues.

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Scope of the Role

• The Head of Marketing is expected to provide leadership within the Microfinance bank to ensure timely and successful development and implementation of the banking product and service ideas, key to the business performance and growth.

Specific Responsibilities

• Oversee the articulation and execution of the Bank’s marketing strategies, ensuring alignment with the overall corporate strategy, goals and objectives
• Other duties as assigned by the Managing Director
• Any other duties and responsibilities that may be assigned from time to meet the objectives of the Company.
• Consistently adhere to regulatory standards.
• Monitor approved loans and advise clients on good management practices
• Write reports for granting of loan facility
• Inspect prospective client's business to ascertain its viability and assessment of collateral
• Interview prospective clients
• Team Leadership; collaborate with staff to ensure successful execution of designated strategies.
• Lead generation through organised sales presentations to prospects
• Implement and execute regular sales activities to generate business
• Achieve overall profitability target of the microfinance bank
• Provide effective leadership guidance in business development strategy
• Build the Bank’s profile and brand image in the market through sustained campaigns
• Responsible for supervision of all Business Development initiatives, Personnel and Resources.

Technical Knowledge / Minimum Requirement

• Professionalism, integrity and commitment to social mission of Microfinance banking.
• Must reside within Abuja
• Minimum of 6 years banking experience with at least 3 years in a senior management role in a Microfinance Bank.
• Strong general management and people skills.
• Strong oral and written communication skills
• Knowledge of micro, small and medium enterprise market.
• Strong analytical skills
• Sound knowledge of Micro-finance services, procedure, laws and regulations
• Comprehensive knowledge of Microfinance banking products, marketing and business development
• Strong business acumen and Knowledge of low-income market