vacancy notice
We currently seek smart, discipline and self-driven seasoned professionals
Are you a Go-Getter, Innovative self-starter and available for immediate employment? Do you desire to build a rewarding career in a vibrant and result-oriented environment? Kindly apply now for any of the job opening below by sending an email to vacancy@prestigemfb.com.
Closing Date: Wednesday September 13, 2023.
Note: Location of advertised position is in Abuja
Head of Risk
Head of Risk
Role Summary
Responsible for evaluating customer’s credit application in line with the Bank’s credit policies and procedures
Key Responsibilities
1. Assess creditworthiness of existing or prospective clients
2.Examine financial transactions and credit history case by case (applications, statements, balance sheets, legal documents etc)
3. Complete ratio, trend and cash flows analyses and create projections on loan applications, ensuring
4. Assist in the Restructuring of debts in the interest of the company and customer.
5. Analyse potential loan markets and develop referral networks to locate prospects for credit products.
6. Analyse financial data regarding loan requests for new, renewal and existing loans, including data provided by credit bureaus and other financial institutions files.
7. Deliver a multidimensional perspective on the investment outlook in an accessible and informative manner
8. Determine in depth the degree of risk involved in each transaction and make recommendation on lending decision.
9. Carefully analyze data and produce clear and objective reports on new, renewal and existing loans, including data provided by credit bureaus and other relevant financial institutions.
10. Routinely monitor loans for performance and compliance, escalating any potential threat to the relevant authorities.
11. Adhere strictly to to Bank’s credit policy and guidelines, ensuring documentation for all credit applications meet the KYC and other requirements by regulators.
Qualifications and Experience
· Minimum of B.Sc./ HND
· Minimum of 2 years’ experience.
· Post Graduate cognate experience and relevant professional certification(s) i.e Microfinance Certification Program
Competencies:
· Candidate should have strong business acumen, and maintain a strong attention to details.
· Prior experience in a Microfinance bank is a key requirement.
Available Opening
Human Resource Manager
Role Summary
Develop and maintain a highly capable and motivated work force with the right mix of competences to ensure the success of Prestige MFB’s business strategy. Coordinate, direct and supervise all the activities of the Human Resources Department. Oversees the implementation of Human Capital Programs in relation to Employee relations, Pay & Compensation, L&D, Performance Management.
Key Responsibilities
1.• Reviews, consults and makes recommendations to the Executive Management team regarding various HR related matters such as: performance management, leaves of absence, promotions, terminations, job grading, development, performance and salary reviews, employment processing, compensation, health and welfare benefits, training and development, records management, succession planning, employee relations, disciplinary and retention etc.
2.• Review, Plan and Implement a companywide exemplary Human Resources strategy
3. • Manages Human Resources operations by recruiting, selecting, training and coaching staff
4. • Owns the entire recruitment process and recruitment team with responsibility in driving a robust hiring process that provides exceptional talent to the organization
5. • Ensures the employees and organization adherence to company policies and applicable employment law and enforces organization values and company vision.
6. • Assists in developing better workflow, communication and business processes across the business
7. • Consults and responds to employee complaints in a professional manner, and assists with conducting preliminary investigations as needed
8. • Develop implement and evaluate succession planning process
9. • Ensures employee safety, welfare, wellness and health
10. • Constant review of the Company’s policies and activity and recommend ways of improvement
Internal Control Officer
Internal Control Officer
Role Summary
The successful candidate will be responsible for performing and executing financial, operational and compliance assurance in order to review the quality and effectiveness of the controls within the Bank and to manage/mitigate risk and protect the assets of the Bank.
Key Responsibilities
1.Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
2.Prepares for and conduct financial and operational audits, examinations, internal control reviews and special investigations of Bank’s on a regular basis.
3. Keep current with developments and regulatory/legislative changes in the financial services industry, governing regulatory landscapes, and auditing profession.
4. Review, analyze and verify annual reports, financial statement and other records using accepted accounting and statistical procedure to assess financial condition and facilitate audit planning.
5. Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud or non-compliance with laws, regulations and management policies.
6. Review data about Bank’s asset, net worth, liabilities, capital stock, surplus income and expenditures and present information to MD/broad that will aid in corporate decision making.
7. Coordinate and liaisons with the independent/external auditors to ensure year-end audit control testing by internal audit is performed efficiently, effectively, timely and at a minimum meets their expectations and requirements.
8. Proactively follows up to ensure managements’ action plans are progressing and addressing the risk exposures and control observation previously highlighted by internal audit and other internal and external assurance option (i.e) compliance regulators and independent auditors)
9. Develop and maintains key relationship with all members of the organization including staff, management and external stakeholders to ensure productive communication and engagement
10. Other duties assigned by MD/Board
Relationship Manager
Role Summary
To be responsible for evaluating customer’s credit application in line with the Bank’s credit policies and procedures as well as deposit mobilization/ Risk Asset generation (as per set target).
Key Responsibilities
1. Achieve growth within the key performance indicators; liability and risk asset generation, account opening and income generation.
2. Ensure high levels of customer satisfaction through excellent sales service.
3. Develop and execute strategic plan to achieve sales targets and to expand the bank’s customer base.
4. Actively find new sales opportunities.
5. Develop referral network and cross sell product and services of the bank to achieve targets.
6. Work in close relationship with operations and business development unit to ensure that credit applications for new and existing customers are correctly prepared.
Key Performance Indicators
· Number of new relationships created on a monthly basis.
· Volume disbursements and quality of portfolio.
· Volume of profitability.
· Share of product’s portfolio to bank’s total portfolio.
