Job Vacancies at GTI Microfinance Bank Limited Nigeria – 6 Positions

GTI Microfinance Limited is recruiting to fill the following positions:

1.) Head, Operations
2.) Managing Director
3.) Credit Administration & Remedial Officer
4.) Loan Officer
5.) Head, Account
6.) Deposit Business Development Officer

 

GTI Microfinance Limited was incorporated in August 2007 as a limited liability company and started its operations in 2008 at No. 127 Obafemi Awolowo Road, Ikeja. In October 2013, it was licensed as a State-Wide Microfinance Bank and moved its Head Office to No. 4 Tinubu Street, Central Business District, Marina Lagos. Other branches are located at Mushin, Abattoir in Agege, Surulere.

 

See job details and how to apply below.


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1.) Head, Operations

 

Location: Lagos
Employment Type: Full-time

Job Description

    • Ensure controlled processing of cash, funds transfer and account opening requests and in line with policies and agreed Turn-Around-Time (TAT).
    • Prompt handling of customers’ account maintenance requests and in line with policy.
    • Prompt processing of clearing cheques through the Correspondent Banks.
    • Proper tracking, recording and timely processing of cash collections by Loan Officers across the bank.
    • Ensure vault-in and vault-out processes are done in full compliance to policies and controls.
    • Timely vault replenishment and funding of Correspondent Accounts to cover transactions.
    • Prompt application of inflows (through the correspondent banks) into customers' accounts.
    • Drive customers adoption towards direct payment (transfers) into their accounts with GTI Microfinance Bank.
    • First level transaction call-over on daily transactions to promptly address identified gaps.
    • Prompt response to review observations by Internal Control Unit and closure to open items in the Bank Reconciliation Statements.
    • Timely issuance of transaction/business reports.
    • Prompt and effective reconciliation at end-of-day and sign-off on transaction registers at the branches.


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  • Reconciliation of daily physical cash balances to system positions in all branches.
  • Ensure cash holdings in vault and till/premises are within the approved insured limits.
  • Provide leadership in the participation in requirement gathering and testing of banking application and other automated platforms for optimal performance.
  • Take part in review and recommendation of necessary updates into the bank’s operational policies.
  • Build staff capacity and productivity through effective trainings.
  • Attain top rating in audit of the Operations group in the bank.

Qualifications & Experience
The ideal applicant should possess the following qualification & expericence:

Qualifications:

  • A B.Sc / M.Sc Degree holder & other relevant professional qualifications such MCIBN will be added advantage.

Experience:

  • Minimum of 5 years working experince in same position from a Financial Institution preferrably a Microfinance Bank.
  • Applicant should also have digital banking operation experience.

Application Closing Date
31st March, 2022.

Method of Application
Interested and qualified candidates should send their CV to: employmentinn@gmail.com using the Job Title as the subject of the email.

 


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2.) Managing Director

 

Location: Lagos
Employment Type: Full-time

Summary of Job Responsibilities

  • The MD shall coordinate and manage all strategic and operational activities of the bank as a profit centre and ensures the delivery of reliable, quality, and timely services to customers at the least cost, in a secure and controlled environment while ensuring maximum profitability and compliance with bank policies and procedures.
  • He/She shall work as a key member of GTI Microfinance Bank Limited (GTI MFB) and oversee the design, enhancement, implementation, reporting, and oversight of products development, sales & marketing, financials, and operational activities of the bank.

Specifically, the MD will:

    • Take a leadership role in building, implementing, and overseeing all of the Bank’s systems, processes, workflows, and procedures.
    • Ensure strategic objectives shaped at Executive Management level are translated into tactical business plans with mechanisms for key measurements in place to monitor progress.
    • To be the chief driver of the strategic planning, budgeting and forecasting of business requirements and decision-making process. Shape and guide the future growth and development of the Bank.


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  • Be responsible for the development and marketing of the digital banking business model of the bank and reporting on its operations, market penetration strategy, profitability, etc.
  • Develop, refine and implement operations strategy including aspects of product design, digital banking model development, creation of risk assets, customers outreach and management.
  • Ensure overall quality and efficiency of operations through delivery of outstanding services that is customers focused.
  • Review performance against balanced scorecard components as prescribed by the Executive Management, discuss gaps and agree on action plans to close gaps.
  • Benchmark productivity of the department against industry standards and create measures to improve productivity.
  • Build strong relationships with key stakeholders, including the regulators and Executive Management team to ensure the correct focus.
  • Monitor the strict adherence to governance and setting high standards of professionalism across all departments of the bank.
  • Review performance improvement reports to determine effectiveness of interventions.
  • Drive and deliver on the budget of the management office as an integral part of the global budget.

Qualifications & Experience

  • Possession of post graduate certification and any of the professional qualificationsuch as ICAN / ACA / MCIBN / CFA / MBA / M.Sc or any other relevant professional bodies.
  • Not less than 15 years cognate working experience in the Bankingsector, 5 of which must be in a Microfinance Bank as a Managing Director or an equivalent position.
  • The ideal applicant should also have experience in business strategy development, sales & marketing, product development and leadership skills are strongly required.

Basic Requirements:

  • Achieve Improvement in Financial Performance through Market Share growth and Operational Efficiency.
  • Has leadership and management abilities to oversee the bank.
  • Possesses a passion to help team members and customers.
  • Able to see the big picture and plan out details.
  • Detail-oriented, Goal-oriented, task driven.
  • Strong process and planning orientation
  • Designs efficient systems, seeks productivity.
  • Balances team’s needs with goals of practice
  • Ability to delegate to the right team members.

Application Closing Date
31st March, 2022.

Method of Application
Interested and qualified candidates should send their CV to: employmentinn@gmail.com using the Job Title as the subject of the email.

 


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3.) Credit Administration & Remedial Officer

 

Location: Lagos Island, Lagos

Job Responsibilities

  • To continually ensure the Portfolio At Risk (PAR) within the bank's risk assets is driven below the set regulatory benchmark through effective engagement of default customers/guarantors, enforcement agencies and other stakeholders within the bank.
  • Daily monitoring of the loan portfolio to avoid delinquency.
  • Making outbound collection calls to debtors and working with Loan/Account Officers (where necessary) to engage debtors for follow up on payment.
  • Devising customized recovery strategy on a case-by-case basis.
  • Consistently reducing the non-performing loans owed to the bank.
  • Carrying out daily recovery exercise.
  • Maintain accurate up-to-date customer accounts information.
  • Preparing letter of demand notice to the debtors.
  • Executing approved/agreed foreclosure on collaterals.

Requirements

  • Candidates should possess a Bachelor's Degree with 4 - 6 years work experience.


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Competencies:

  • Good knowledge of credit products and related bank’s policies and regulations.
  • Good knowledge of the Prudential Guidelines relating Microfinance Banks.
  • Computer literacy.

Application Closing Date
31st March, 2022.

Method of Application
Interested and qualified candidates should send their CV to: employmentinn@gmail.com using the Job Title as the subject of the email.

Note: Only qualified candidateswill be contacted.

 


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4.) Loan Officer

 

Location: Marina CMS, Lagos
Employment Type: Full-time

Job Description

  • Expand the branch customer base through the opening of new active customer accounts and activation of inactive accounts.
  • Creation of quality risk assets.
  • Ensure prompt repayment on due loans and keepthe Portfolio At Risk (PAR) within the guiding internal threshold.
  • Contribute to revenue and profitability through mobilization of low-cost deposits.
  • Safeguard the fixed assets of the branch.
  • Support advocacy and migration of customers to the digital platform and other automated channels.

Requirements

  • Candidates should possess a Bachelor's Degree qualification with 5 years work experience.

Application Closing Date
25th February, 2022.

How to Apply
Interested and qualified candidates should send their CV to: employmentinn@gmail.com using the Job Title as the subject of the mail.

Note: Only applicants with a minimum of 5 year's work experience in the banking sector will be contacted.

 


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5.) Head, Account

 

Location: Marina CMS, Lagos
Employment Type: Full-time

Job Description

  • Ensure completeness of transactions and records, timely and accurate preparation of financial statements (in line with the extant regulations), and presentation of Management Accounts to support business decisions.
  • Drive business growth through regular analysis of performance to budgets across all strata of the bank.
  • Budgeting and Long-Term Forecasting, Budget Monitoring and Implementation
  • Balance Sheet Management
  • Income and Expense Management
  • Preparation of Final Accounts
  • General Ledger Management
  • Payroll Management
  • Fixed Assets Management
  • Liquidity Management
  • Transfer Pricing Management
  • Accounts Reconciliations
  • Tax Management
  • Relationship Management (Correspondent Banks, External Auditors, CBN, NDIC, etc)
  • Compliance and Regulatory Reporting (CBN, NDIC, SEC, NSE, FIRS, etc.)
  • Build capacity of unit staff through quality training.


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Requirements
The ideal candidate possesses the following qualifications:

  • Professional member of any of the followinge.g ICAN, ACA, CIBN, or its equivalent.
  • MInimum of Bachelor's Degree or M.Sc in Accounting or any related Social Science course.
  • Minimum of 7 year's managerial work experience in the banking sector as an Accountant.

Application Closing Date
25th February, 2022.

How to Apply
Interested and qualified candidates should send their CV to: employmentinn@gmail.com using the Job Title as the subject of the mail.

Note: Only qualified applicants will be contacted.


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6.) Deposit Business Development Officer

 

Location: Marina CMS, Lagos
Employment Type: Full-time

Job Description

  • Mobilization of quality and low-cost deposits for the bank.
  • Provide leadership in implementing business development plans to improve mobilization and retention of deposit, achieve set targets and manage withdrawal attrition.
  • Develop and implement a business plan for identified target markets with prospect to drive high volumes of new deposits to the bank.
  • Build and manage strategic relationships for fixed deposit customers, serving as the single point of contact for new business.
  • Develop and maintain beneficial relationships with corporate clients and individual depositors.
  • Demonstrating an understanding of the client’s domain of activity and responding to the customer’s high priority needs for service and support.
  • Innovate and develop attractive value-added deposit products together with the Marketing Department to achieve the overall deposit targets.
  • Innovate and improve ways of rewarding depositors in terms of interest earning on ordinary deposit and fixed deposits.
  • Ensure fixed deposit account opening forms are duly completed and registered and advice clients of deposit status as necessary.

Requirements

  • Bachelor's Degree with a minimum of 5 years work experience.


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Application Closing Date
25th February, 2022.

How to Apply
Interested and qualified candidates should send their CV to: employmentinn@gmail.com using the Job Title as the subject of the mail.

Note: Only applicants with a minimum of 5 years experience in banking will be contacted.

 


 


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About Company

GTI Microfinance Bank Limited
15 Abolade St, Fadeyi 102215, Lagos

Job Information

Status: Open No of vacancies: 6 Job type: Full Time Salary: Negotiable Publish date: 20 Feb 2022

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