Career Opportunities at Accion Microfinance Bank Limited

Locations: South South and South East

Job Description

• The job requires carrying out periodic audit of all activities in assigned branches in accordance with acceptable audit standards; providing reports that contain detailed analyses, appraisals, rating of branches/departments and recommendations.

Job Responsibilities

• Conduct periodic reviews of the branch functional activities and submit reports on same in accordance with the approved audit plan and policies, process and audit manuals
• Advice on the adequacy and effectiveness of management controls over those activities based on levels of exceptions observed in the periodic audits
• Participate in the periodic external or internal/on the job-training of the bank
• Carry out special investigation as may be directed by the supervisor and or the HOD and management
• Provide assistance to external auditors and the regulatory bodies as requested
• Carry out fixed asset and stock of stationery review of the bank for cost control or reduction
• Review of compliance to the bank's policies and regulatory guidelines
• Confirm quality of customer service at the branch level
• Special duties and projects as may be assigned
• Conduct periodic spot check on branches and departments and submit report on the exercise

Qualification & Experiences

• Bachelor degree or its equivalent in Business, Accounting, Finance, Economics or related area of study and possibly plus a part professional certification in accountancy profession
• 3+ years experience.

Key Performance:

• Professionalism and integrity.
• Deadline oriented. Dependability, requiring minimum supervision.
• Strong leadership and people management skills.
• Excellent communication skills - written and spoken.

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Job Description

• Build and maintain portfolio of quality clients rapidly and consistently to reach target portfolio within assigned period

Job Responsibilities

• Liaise with community organizations, business associations, and individual entrepreneurs
• Identify potential clients
• Sensitize potential clients on all aspects of the loan program: procedures to apply, the terms and conditions, the incentives for good performance, and penalties for late repayment and default
• Correctly complete loan application and evaluation process
• Arrange and undertake business site visits
• Verify and cross-check all information relevant to the loan application and evaluation
• Evaluate the willingness and capacity to repay of the client
• Ensure an appropriate guarantee is in place and documented
• Determine and present loan terms and conditions to credit committee
• Participate in credit committees providing input on other members? loan proposals
• Prepare and present own loan proposals to credit committee
• Develop relationship with each client to support the business success and cultivate loyalty
• Monitor client business progress to identify any potential problems
• Offer suggestions and referrals where appropriate and within company policy
• Demonstrate a concern and build client rapport
• Implement late repayment recovery procedures of Accion MfB
• Achieve and maintain targets on portfolio at risk and loan loss
• Emphasize the importance of on-time repayment with clients
• Monitor repayment reports daily and client behavior patterns
• Become knowledgeable and known in the assigned geographic zone
• Build rapport with community, business associations and leaders
• Be known and visible in the community
• Provide support to peers and others within Accion MfB in uplifting its values and policies

Qualification & Experiences

• A minimum of HND or BSC in Business, Banking, Finance, Accounting, Economics, and/or related fields with numerate coursework
• Must have completed NYSC
• 1+ year work experience

Required Knowledge:

• Understand the local area where they are working
• Independent worker; honest and of high integrity
• Experience in credit of financial service industry will be an added advantage
• Computer literacy
• Strong financial analysis skills

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Job Description

• To work with the head of branch operation to ensure that all entries posted by the unit have been properly authorized as per the delegation of authority

Job Responsibilities

• Ensure all entries posted by the Unit have been properly authorized as per the delegation of authority
• Ensure timely and accurate posting of vouchers received
• Ensure the laid down procedures are properly followed at all times
• Ensuring that laid down operating procedures are followed.
• Receive client cash and cheque deposits and make withdrawal payments to clients based on duly completed instruction vouchers and cheques from the client
• Ensure all customer transaction entries are accurately posted with required authorized as per the existing delegation
• Undertake timely escalation of any suspicious instructions or payments to higher authority
• Realize Department Business Goals in cooperation with colleagues
• Identify your skill gap and share it with your manager on how to acquire required skills
• Ensure timely closure of all exceptions raised by either Internal Auditors or External Auditors

Qualification & Experiences

• Ordinary National Diploma in any Banking or related discipline or Professional Banking Certificates.
• Minimum of 1 year experience.

Required Knowledge:

• General Banking Knowledge
• PC and Spread Sheet Skills
• People Management Skills
• Analytical and numerical skills
• Good understanding of Banking Operations

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Job Responsibilities

• Ensure that a yearly audit plan covering all the bank risk areas is in place, approved and is followed
• Execute detailed audit procedures, including review of transactions, documents, records, reports, policies and procedures for accuracy and effectiveness
• Coordinate periodic reviews of the Bank organizational and functional activities (Departments and Branches) and submission of reports on same to the Chief Compliance Officer
• Prepare work-papers which record and summarize audit procedures performed
• Evaluate the adequacy and effectiveness of management controls over those activities
• Follow-up to determine compliance with audit recommendations and adequacy of corrective actions
• Responsible for directing, on the job- training, and supervision of the audit staff
• To perform or assist in the performance of special reviews at the request of the Chief Compliance Officer. (Investigation)
• Special duties and projects as may be assigned by the supervisor
• Prepare a quarterly audit report and submit to the Chief Compliance Officer for review
• Carry out regular substantive and compliance test on all activities of the Bank
• Carry out Fixed asset and stock of stationery review of the bank for cost control or reduction
• Provide assistance to external auditors and regulatory bodies as requested
• Coordinating and supervision of spot checks, compliance assessment and audit follow up
• External auditors for coordination of statutory audits and any other audit or special audits as may be required including finalization of year-end audit, statutory audit, CIB/NDIC, tax audit etc
• Professional institutions, (ICAN, CITN, ACCA CIBN) and association of microfinance Internal Auditors and senior accountants in other microfinance banks in order to keep abreast of developments in the profession
• Microfinance institutions, other financial institutions and commercial banks to keep abreast of developments in the finance sectors
• Central Bank for coordination on regulations for the microfinance industry
• National Association of Microfinance Banks (NAMB) for coordination and consultations on developments in the MFI sector
• Supervise and support the staff in Corporate & Branch Audit in their roles of implementing all activities of internal audit strategies and tactics to support the overall achievement of the department?s goals
• Ensure efficiency and high quality of work in the unit
• Ensure that the unit maintains up-to-date and accurate records of audit performance at all time
• Prepare and deliver imely reports and updates to the Chief Compliance Officer
• Set annual performance goals for staff under supervision, guide coach and monitor performance of same, and execute annual performance evaluations and reviews of the unit?s staff

Qualification & Experiences

• Bachelor Degree or its equivalent in Business, Accounting, Finance, Economics or related area of study
• Minimum of 8 years of work experience
• At least 2 years in management positio
• Minimum of 8 years of work experience
• Professional certification in accountancy a must (ACA, ACCA
• Possession of extensive experience in auditing, and a thorough understanding of Microfinance Banking and accounting practices
• Experienced in strategic planning and budgeting

Key Performance:

• Professionalism and integrity
• Deadline oriented. Dependability, requiring minimum supervision.
• Strong leadership and people management skills.
• Sound strategic thinking, with risk and control consciousness
• Strong analytic skills
• Excellent communication skills ? written and spoken
• Languages: English required