New Jobs at La Fayette Microfinance Bank Limited

Job Purpose:
The purpose of a Resident Internal Control Officer is to represent the Risk and Compliance Department in the branch by managing effectively the compliance risks faced by the bank. He should on a pro-active basis, review documents, processes and procedures and assess the compliance risks associated with the branch’s business activities.

Essential Job Duties:

• Ensure branch staff comply with Internal Code of Conducts; Policy/Procedure and Regulations on transactions initiated by the bank.
• Ensure that all expected activities as stipulated in the control checklists are performed by the branch management
• Educate and train staff on compliance issues, and acting as the contact point within the branch for compliance queries from staff members
• Create and improve homogenous Compliance Culture in the assigned branch that aligns with control and business objectives of the Bank
• Build strong KYC and KYCB compliance environment in the assigned branch i.e. ensure capturing of all valid KYC documentation into all customers’ accounts in the Core Banking Applications through the regular review of Account opening and documentation both on client files and on the system.
• Review credit files after loan approval at the LCM and before loan disbursement: All risks observed must be escalated before disbursement.
• Carry out unannounced field visit to clients’ business locations before or after loan approval as the case may be.
• Ensure integrity of the transactions and GL accounts in the branch through daily review of the branches GL balance reports.Any major deviation from the standard must be escalated.
• Institute and enforce aggressive Cost reduction Strategies/Tactics for the branch under your  purview to ensure zero% income wastage
• Ensure prompt resolution of all recommendations in the Internal Audit Report, Regulatory Examiners Report and other Statutory Examiners Report involving the branch under your purview.
• Ensure daily Call Over of all Tills transactions (which include but not limited to deposit/withdrawal slips, Cheque slips, Internal fund transfers)within 24 hours of posting and where practicable online same day and as may be advised to you from time to time
• Daily Review of all System Generated Override Message/Exception Reports to ensure that appropriate approvals were obtained for it and that they are valid transactions
• Daily review of ATM Card and Pin Management or any other related reviews to ensure any irregularities are discovered and escalated promptly.
• Conduct Special Investigation as may be directed by the Risk and Compliance Manager.
• Conduct spot checks, stock taking and other functions as may be assigned from time to time.
• Ensure prompt and qualitative rendition of relevant returns and reports as may be required by the Risk and Compliance Manager which will include among others: Critical Control Issues Report, Unusual Incidence Report, Report on assets ageing in standard approved format etc
• Any other job that may be assigned by the Risk and Compliance Manager.

Key Performance Indicators

• Operational Lossesare within tolerance limit
• Minor undetected regulatory/statutory breach by Internal Audit, External Audit, CBN, NDIC, NDLEA, EFCC and other regulatory reports for the branch.
• Minor undetected internal policy and procedure infractions by Internal Audit, External Audit, CBN, NDIC and other regulatory reports in the branch.
• Few undetected major exceptions from Internal Audit, External Audit, CBN, NDIC and other regulatory reports in the branch.
• Quality and Timeliness of losses and loss events reporting in the branch
• Magnitude of potential loss figures on branches GL accounts in the branch.
• Overall Internal Audit rating of the Internal Control system of the branch.
• Integrity of the GL accounts in the branch.
• Exceptions observed in client files review, control adequacy checks and other internal control   quality assurance checks administered in your branch.

QUALIFICATION/EDUCATION: B.Sc / HND in any discipline. Professional Qualificatio such as (CIMA, ACCA, ICA...) or its equivalent will be an added advantage.

WORK EXPERIENCE: A minimum of 1-3 years working experience in a Financial Institution.

SKILLS:  High-level proficiency in written and spoken English; good knowledge of word processing; proven spreadsheet skills; good interpersonal relations skills.

PERSONAL TRAITS:  Tactfulness; self-disciplined; resolute and Value driven. Pragmatic and meticulous in processes and procedures; Ability to relate effectively across different levels of authority. Time conscious and purposeful. Self starter and good leadership skills.

Note: Only shortlisted candidates will be invited for test and interview.  

go to method of application »

Job Duties:

•Determine staffing numbers, skills and needs to meet the organisation's objectives
•Analyse the skills and qualities required for each particular job and develop job descriptions and performance standards
•Advertise staff vacancies, shortlist applicants, interview applicants, administer selection tests, prepare reports and make recommendations to management about staff appointments
•Maintain staff database on matters such as wages,benefits, leave and training etc, and prepare associated management reports.
•Use in-house HR software/management information systems to record, maintain, plan and manage the organisation's human resources
•Provide advice and information to management and employees on human resource policies and procedures, including equal opportunity, anti-discrimination and occupational health and safety programmes
•Assist employees with work matters, career development, personal problems and industrial matters
•Assist in organising employee welfare services such as health and wellbeing programmes, first aid and fire drill training, benefits and social activities
•Organise and take part in staff meetings and seminars where employees and management discuss the development of specific work arrangements and conditions.
•Assist in the planning and implementation of organisational changes (such as new HR legislation, revised job classification structures or technological changes)
•Take part in HR strategic management meetings
•Developing and implementing policies on issues like working conditions, performance management, equal opportunities, anti-discrimination, occupational health and safety programmes, disciplinary procedures and absence management.
•Preparing, updating and revising staff handbooks and other HR policies and procedures.
•Payroll administration - Advising on pay and other remuneration issues, including promotion and benefits.
•Take part in undertaking regular salary and employee survey and reviews.
•Dealing with grievances and implementing disciplinary procedures.
•Assist with planning and conducting staff trainings including inductions for new staff.
•Plan, implement and monitor performance management programmes including end of probation, mid-year and annual professional discussions.

Required Skills and Competencies

•A graduate with at least 1-2 years practical experience in Human Resources with strong Recruitment & Interviewing skills.
•Knowledge of Nigeria labour and employment laws.
•Proficiency in computer MS Word and Excel for preparation and analysis of data and reports.
•Effective speaking & written communication skills with practical ability to prepare official reports, proposals, policies and procedures.
•Ability to conduct research and development programmes.
•Ability to work under pressure, multitask and handle confidential matters.

go to method of application »

Job Purpose:
The purpose of a Resident Internal Control Officer is to represent the Risk and Compliance Department in the branch by managing effectively the compliance risks faced by the bank. He should on a pro-active basis, review documents, processes and procedures and assess the compliance risks associated with the branch’s business activities.

Essential Job Duties:

• Ensure branch staff comply with Internal Code of Conducts; Policy/Procedure and Regulations on transactions initiated by the bank.
• Ensure that all expected activities as stipulated in the control checklists are performed by the branch management
• Educate and train staff on compliance issues, and acting as the contact point within the branch for compliance queries from staff members
• Create and improve homogenous Compliance Culture in the assigned branch that aligns with control and business objectives of the Bank
• Build strong KYC and KYCB compliance environment in the assigned branch i.e. ensure capturing of all valid KYC documentation into all customers’ accounts in the Core Banking Applications through the regular review of Account opening and documentation both on client files and on the system.
• Review credit files after loan approval at the LCM and before loan disbursement: All risks observed must be escalated before disbursement.
• Carry out unannounced field visit to clients’ business locations before or after loan approval as the case may be.
• Ensure integrity of the transactions and GL accounts in the branch through daily review of the branches GL balance reports.Any major deviation from the standard must be escalated.
• Institute and enforce aggressive Cost reduction Strategies/Tactics for the branch under your  purview to ensure zero% income wastage
• Ensure prompt resolution of all recommendations in the Internal Audit Report, Regulatory Examiners Report and other Statutory Examiners Report involving the branch under your purview.
• Ensure daily Call Over of all Tills transactions (which include but not limited to deposit/withdrawal slips, Cheque slips, Internal fund transfers)within 24 hours of posting and where practicable online same day and as may be advised to you from time to time
• Daily Review of all System Generated Override Message/Exception Reports to ensure that appropriate approvals were obtained for it and that they are valid transactions
• Daily review of ATM Card and Pin Management or any other related reviews to ensure any irregularities are discovered and escalated promptly.
• Conduct Special Investigation as may be directed by the Risk and Compliance Manager.
• Conduct spot checks, stock taking and other functions as may be assigned from time to time.
• Ensure prompt and qualitative rendition of relevant returns and reports as may be required by the Risk and Compliance Manager which will include among others: Critical Control Issues Report, Unusual Incidence Report, Report on assets ageing in standard approved format etc
• Any other job that may be assigned by the Risk and Compliance Manager.

Key Performance Indicators

• Operational Lossesare within tolerance limit
• Minor undetected regulatory/statutory breach by Internal Audit, External Audit, CBN, NDIC, NDLEA, EFCC and other regulatory reports for the branch.
• Minor undetected internal policy and procedure infractions by Internal Audit, External Audit, CBN, NDIC and other regulatory reports in the branch.
• Few undetected major exceptions from Internal Audit, External Audit, CBN, NDIC and other regulatory reports in the branch.
• Quality and Timeliness of losses and loss events reporting in the branch
• Magnitude of potential loss figures on branches GL accounts in the branch.
• Overall Internal Audit rating of the Internal Control system of the branch.
• Integrity of the GL accounts in the branch.
• Exceptions observed in client files review, control adequacy checks and other internal control   quality assurance checks administered in your branch.

QUALIFICATION/EDUCATION: B.Sc / HND in any discipline. Professional Qualificatio such as (CIMA, ACCA, ICA...) or its equivalent will be an added advantage.

WORK EXPERIENCE: A minimum of 1-3 years working experience in a Financial Institution.

SKILLS:  High-level proficiency in written and spoken English; good knowledge of word processing; proven spreadsheet skills; good interpersonal relations skills.

PERSONAL TRAITS:  Tactfulness; self-disciplined; resolute and Value driven. Pragmatic and meticulous in processes and procedures; Ability to relate effectively across different levels of authority. Time conscious and purposeful. Self starter and good leadership skills.

Note: Only shortlisted candidates will be invited for test and interview.  

go to method of application »

Job Duties:

•Determine staffing numbers, skills and needs to meet the organisation's objectives
•Analyse the skills and qualities required for each particular job and develop job descriptions and performance standards
•Advertise staff vacancies, shortlist applicants, interview applicants, administer selection tests, prepare reports and make recommendations to management about staff appointments
•Maintain staff database on matters such as wages,benefits, leave and training etc, and prepare associated management reports.
•Use in-house HR software/management information systems to record, maintain, plan and manage the organisation's human resources
•Provide advice and information to management and employees on human resource policies and procedures, including equal opportunity, anti-discrimination and occupational health and safety programmes
•Assist employees with work matters, career development, personal problems and industrial matters
•Assist in organising employee welfare services such as health and wellbeing programmes, first aid and fire drill training, benefits and social activities
•Organise and take part in staff meetings and seminars where employees and management discuss the development of specific work arrangements and conditions.
•Assist in the planning and implementation of organisational changes (such as new HR legislation, revised job classification structures or technological changes)
•Take part in HR strategic management meetings
•Developing and implementing policies on issues like working conditions, performance management, equal opportunities, anti-discrimination, occupational health and safety programmes, disciplinary procedures and absence management.
•Preparing, updating and revising staff handbooks and other HR policies and procedures.
•Payroll administration - Advising on pay and other remuneration issues, including promotion and benefits.
•Take part in undertaking regular salary and employee survey and reviews.
•Dealing with grievances and implementing disciplinary procedures.
•Assist with planning and conducting staff trainings including inductions for new staff.
•Plan, implement and monitor performance management programmes including end of probation, mid-year and annual professional discussions.

Required Skills and Competencies

•A graduate with at least 1-2 years practical experience in Human Resources with strong Recruitment & Interviewing skills.
•Knowledge of Nigeria labour and employment laws.
•Proficiency in computer MS Word and Excel for preparation and analysis of data and reports.
•Effective speaking & written communication skills with practical ability to prepare official reports, proposals, policies and procedures.
•Ability to conduct research and development programmes.
•Ability to work under pressure, multitask and handle confidential matters.