Jobs at IBILE Microfinance Bank Limited

Job Objective

• To market IBILE MFB’s products with the objective of meeting financial targets while ensuring that customers’ needs are met. 

Job Description 

• To aggressively market and sell the Bank’s products
• Win new customers for the Bank
• Ensure the retention of existing customers
• Ensure the creation of Risk Assets for the Bank
• Deposit liability mobilization
• Drive the reactivation of inactive and dormant accounts
• Ensure the Bank’s projection and visibility amongst new and existing customers
• Facilitate and ensure set targets are met in line with marketing strategy
• Updates job knowledge by participating in educational activities
• Perform other tasks as assigned by Team Lead

Qualification s

• HND or B.Sc in Marketing or related discipline.
• Minimum of 2 years and more relevant work experience in as a Relationship Officer/SME Officer in a Microfinance Bank Setting.

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Job Objective

• To market IBILE MFB’s products with the objective of meeting financial targets while ensuring that customers’ needs are met. 

Job Description 

• Win new customers and retain existing customers
• Ensure optimal team work
• Ensure deposit liability mobilization
• Supervise call plan and call memo
• Ensure team representation in the market
• Motivation and mentoring of team members
• Aggressively market and sell the Bank’s products
• Reactivate inactive and dormant accounts
• Profit maximization through quality Risk Assets creation
• Develop and implement a marketing strategy meeting set revenue targets

Qualifications

• HND or B.Sc in Marketing or related discipline.
• Minimum of 4 years and more relevant work experience in as a Team Lead, Business Development or Relationship Manager in a Microfinance Bank Setting.

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Job Summary

• Responsible to play a critical role of delivering our organization’s strategic objectives of control processes, adequacy and effectiveness of governance and management of risks, giving an evidence-based opinion on all aspects of governance, risk management, and internal audit.

Job Description

• Report periodically to the Managing Director and Board, on the internal control and audit activity’s purpose, authority, responsibility and performance relative to its plan
• Design and prepare Annual Audit Plan (AAP) by applying a risk-based approach to ensure the organization complies with internal regulations and policies and established protocols.
• Develop and maintain the internal control and audit procedures to ensure that best practice is taken account of and that the established controls audits address specific areas of risk management.
• Strengthen the bank’s Internal Control mechanism through in-depth recommendation
• Assess the suitability of current internal controls, making suggestions for improvements where needed.
• Prepare reports of audit findings and make recommendations to the Board of Directors and Management.
• Liaise with internal advisors and examines documentation, including reports, statements, records, and memos to gather information.
• Protect the confidentiality of records and information gained as part of exercising professional duties and use discretion in sharing such information with legal confines
• Analyze audit results for adequate and effective “corrective actions” for management to improve.
• Supervise fraud investigations involving customer accounts and recovery of fraud
• Develop controls to ensure safeguard of asset and their effective utilization
• Prepare and supervise audit mission, working paper formulations, report writing and anomalies/risk identification
• Any other duties and responsibilities which may be required to meet the objectives of IBILE Microfinance Bank.
• Perform other duties and responsibilities, as may be assigned by Head, Audit & Compliance.

Qualifications

• HND / University Degree in Banking, Accounting, Economics or other related field;
• Member of a Professional accounting body e.g. ACCA, ICAN ,ANAN is an added advantage
• Minimum of 4 years work experience in similar role
• Minimum of 1years’ in a senior management role 
• Cognate experience in a state or national microfinance bank or similar financial institution
• Interfaced with regulatory bodies during examination
• Knowledge of the banking regulations and laws.
• Proficiency in Computer Applications Excel /Microsoft Office/Banking Applications such as Bank One.

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Job Summary

• Minimizes the Bank’s risk exposure and maximise portfolio profitability by ensuring optimal assets and liabilities mix while maintaining effective financial controls Bank-wide.
• Promotes continuity in the Bank’s operations by developing business control policies and operational guidelines thereby minimizing exposure to potential risks and impact on business performance.

Job Description

• Contributes to the development of Corporate Strategy
• Develops Risk Management Strategy in alignment with the Corporate Strategy
• Formulates Bank-wide risk management policies and ensures that the policies, controls and procedures, are effectively disseminated and complied with across the Bank.
• Risk Management Framework
• Designs a robust enterprise risk management framework for the Bank
• Identifies the internal and external risks affecting the achievement of the Bank’s objectives and develops a Bank-wide risk profile
• Assesses risks, considering the likelihood and impact as a basis for determining how they should be managed
• Understands key elements of the Bank's risk profile, establishes risk tolerance levels across organization and develops proactive mitigating and coping strategies
• Manages risk responses – avoiding, accepting, reducing, or sharing risk- by developing a set of actions to align risks with the Bank’s risk tolerances and risk appetite.
• Monitors the enterprise risk management process and make modifications as necessary
• Provides analytical support to management regarding risk metrics
• Embeds a positive culture of informed risk taking through training, communication and promotion of the agreed risk framework.
• Communicates relevant information in a form and timeframe that enables others to carry out their responsibilities.
• Drives and coordinates internal preparations and responses during relevant regulatory examinations and reviews
• Keeps abreast of relevant laws, regulations and code of good business practices and incorporates them into the risk management and governance frameworks
• Develops appropriate systems to ensure the risks associated with the Bank’s lending are clearly identified and that appropriate mitigation measures are instituted
• Develops necessary credit policies and processes and disseminates accordingly
• Liaises on a daily basis with relationship managers etc. on various credit issues
• Manages the documentation and safe-keeping of all security documents and credit files
• Coordinates/supervises bank-wide credit risk assessment and control process
• Monitors post- disbursement performance of credits to detect early warning signals and facilitate good risk assets quality
• Directs the team’s activities for Collateral Management and Loan Restructuring
• Oversees efficient administration of all debt recovery activities and works on reducing the Non-Performing Loans and Watchlist accounts
• Monitors and reports on risk limits and exposures above regulatory requirements and the Bank’s risk appetite
• Recommends Bank’s risk appetite to Executive Management. This will include portfolio limits, loss limits and other management action triggers.
• Reviews Treasury products/activities (on and off-balance sheet) for the identification of any underlying market/liquidity risk factors
• Annual and ad-hoc review of limits for Treasury proprietary trading activities, including recommendations for blacklisting defaulting counterparties where appropriate.
• Manages the bank’s asset and liability position by ensuring optimal liquidity at minimal risk
• Carries out daily, weekly, monthly and quarterly quantification of the bank’s exposure to the different sources of market risk in comparison with Management approved limits
• Manages all operational risk resulting from inadequate or failed internal processes, people and systems or from external events
• Manages strategic and reputational risks.
• Evaluates the internal and external business contexts for potential and current risks and provides insights on the appropriate response to Executive management
• Reviews workflows, process steps and existing policies and procedures to identify areas of risks and provide recommendations for mitigation
• Assists in the development of business continuity plans to limit risk and prepare for disaster recovery
• Develops and maintains an early risk alert reporting system
• Reports significant risk exposures and control issues around fraud risks, governance and other matters to the Board as needed or requested
• Provides accurate and objective business control assessment reports (issues, recommendations) to inform and guide Management on the state of compliance with relevant regulations and risk control policies
• Staff Coaching and Performance Management
• Monitors and evaluates performance of staff in Risk Management Function
• Conducts effective training to improve the capability of team members
• Provides career development support and adequate coaching to team members
• Ensures the Risk Management department and also subsequently develops initiatives to ensure continuous improvement on:
• Processes and Policies including process maps
• Reporting Framework
• Risk Management Tools and Templates
• Staffing including training, manning, coaching, utilisation, performance management etc.

Qualifications

• HND / University Degree in Banking, Accounting, Economics or other related field;
• Member of a Professional accounting body e.g. ACCA, ICAN , ANAN is an added advantage
• Minimum of 4 years work experience in similar role
• Minimum of 2 years’ in a senior management role 
• Cognate experience in a state or national microfinance bank or similar financial institution
• Interfaced with regulatory bodies during examination
• Knowledge of the banking regulations and laws.
• Proficiency in Computer Applications Excel /Microsoft Office/Banking Applications such as Bank One.