Peridot Forte Solutions Consulting Limited - Our client in the Microfinance Bank industry requires the services of a suitably qualified candidate to fill the position below:
Managing Director
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience 8 - 12 years
- Location Lagos
- Job Field Administration / Secretarial
- Responsibility and Expectations
- Business Growth
- Profitability
- Compliance
- Brand Development and Visibility
- Market Share
- National Presence
Requirements- 8 - 12 years experience; the past 5 years in management position in Microfinance Bank.
- Team player, ability to meet deadlines, goal and result oriented
- Demonstrate evidence of growing balance sheet size of an organization, marketing exploits and target driven
- A strategic outlook
- Ability to evolve strategies for improved turnover
- Strong presentation, negotiation and computer skills
- Proven ability to build positive relationships with a wide range of internal and external stakeholders
- An inclusive management style that encourages professional growth and development of staff while demanding a high level of individual and organizational goal achievement
- Exhibit strong understanding of the market, industry and interface with regulators, banks and other financial institutions, investment, business, industry executives and executives of other influential bodies on a regular basis in order to increase the standing of the bank with those bodies and improve business effectiveness.
- Ability to relate with Board of Directors and prepare memos for board approval and engender cordial relationship with the board to achieve corporate goal.
go to method of application »Head, Internal Control
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience 5 - 9 years
- Location Lagos
- Job Field Finance / Accounting / Audit
- Job Summary
- Compliance, Internal Controls and Risk Management
Responsibilities- Ensure regular reconciliation of bank statements
- Ensure proper documentation, recording and tagging of the company’s fixed assets.
- Liaise with external auditors
- Ensure proper proofing and recommendation of general ledger accounts
- Makes financial control-related recommendations on specific major projects or plans.
- Ensure prompt rendition of returns to the MD and board of Directors
- Ensure that credit facilities to any customers or group of customers are in line with the regulatory guidelines; clearly defined internal policies and debt service capability.
- Monitoring of conditions subsequent to draw down for timely detection of documentation deficiencies.
- Ensure that all credits have been approved in accordance with the credit policy.
- Ensure that all pre-disbursement conditions have been met.
- Ensure that all collateral documents are properly kept and perfection carried out.
- Review approved credit for quality, performance and compliance with approved terms & condition in the credit policy. Ensure all credit are approved in accordance with the credit policy and any regulatory guidelines. prompt escalation of any deficiencies noted
- Carry out spot checks on loan customers to verify due diligence done prior to draw down
- Identify all non performing accounts and pursue workout strategies in collaboration with loan officers
- Ensure that limits are monitored.
- Ensure that income, fees, maturing repayment & other charges are captured.
- Detect and escalate un-authorized credits.
- Ensure policy driven credit related sanction are captured on the software, e.g. late payment penalties and enforced by loan officers
- Prepare regular report for management on portfolio quality etc. as required
- Identification of warning signals and flagging likely problems before they crystallise
- Review regularly officer cash collection records versus system balances
- Enforce the company’s clear desk policy
- Identification of deteriorating accounts for prudential classification and transfer to credit recovery
- Ensure that limits are monitored
- Ensure that income, fees, maturing repayment & other charges are captured.
- Detection and escalation of un-authorized credit.
- Implementation of policy driven credit related sanctions.
- Preparation of exception report as required.
- Identification of warning signals and flagging likely problem before they crystallise.
- Custody and maintenance of credit files.
- Ensure that a review of the portfolio is carried out on a quarterly basis
- Ensure that a rapid review of the company’s portfolio is carried out, in the event of material adverse changes, affecting the operating environment.
- Ensure that appropriate recommendations are implemented such that the desired level of credit quality and performance are attained and sustained.
- Take necessary measure to ensure adequate quality assurance in operation i.e. call over. General ledger proofing/ reconciliation, integrity test, departmental control etc.
- Ensure all interest earning are correctly accrued and amortised monthly.
- Ensure proper verification of expenses before processing and disbursement of funds.
- Track bank deposits and payments
Requirements- 5 - 9 years experience in Microfinance Bank.
go to method of application »Financial Controller
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience 5 - 9 years
- Location Lagos
- Job Field Finance / Accounting / Audit
Responsibilities- Oversee proper maintenance of the bank’s books of accounts and finances
- Co-ordinates the preparation of regulatory and statutory returns
- Ensures timely preparation of the company’s financial and management reports
- Performance management
- Reviews the company’s cost structure and position, and makes appropriate cost reduction/management recommendations.
- Collaborate with relevant units to deliver the bank’s budget planning, reporting and management processes.
Requirements - 5 - 9 years experience in Microfinance Bank.
- Method of Application
Interested and qualified candidates should send their CV to: peridotforte@gmail.com using the Job Title as the subject of the mail.
