🇳🇬 Job Vacancies @ La Fayette Microfinance Bank Limited – 10 Positions

La Fayette Microfinance Bank Limited - As an international registered microfinance bank, La Fayette Microfinance Bank offers a complete range of financial services and means of payment for its customers, including savings accounts, current accounts and fixed deposit accounts.

Fully client oriented, La Fayette Microfinance Bank offers great flexibility, independence and financial security to help clients stay committed to their short and long term financial goals. Formally incorporated as La Fayette Microfinance Bank, the bank started full operation in February 2013 and has built a strong client base, serving clients from eight branch networks in Ibadan– Bodija, Challenge, Dugbe, Gbagi and Iwo road, Ogbomosho, Oyo and Saki towns, all strategically situated within close proximity to customers.

We are recruiting to fill the following positions below:

1.) Network Administrator - Area 2
2.) Logistics Officer
3.) Legal and Compliance Officer
4.) Audit Officer
5.) Relationship Officer
6.) Recovery Officer
7.) Facility Manager & Network Expansion
8.) Senior Recovery Officer
9.) Finance Officer
10.) Risk and Internal Control Officer

Job Title: Network Administrator - Area 2

Locations: Oyo, Kwara & Ondo (Area 2)
Planned Start Date: 16/01/2023

Mission

• The ideal candidate will be able to deploy, configure, maintain and monitor the systems and network equipment in order to ensure smooth IT operations.

Main Responsibilities and Task

• To manage and maintain the computer equipment, software, applications and telecom and optimize its use.
• To manage the cabling: connection, change, maintenance, ventilation and fault detection.
• To install, update and configure the operating system and applications of the user’s environment: desk, services and network.
• To monitor daily operations.
• Fully support, configure, maintain and upgrade corporate customer’s networks and in house servers.
• Keep an eye out for needed updates.
• Support and administer third-party applications.
• Ensure network security and connectivity.
• Monitor network performance (availability, utilization, throughput, goodput, and latency) and test for weaknesses.
• Set up user accounts, permissions and passwords.
• Resolve problems reported by end-user.

Profile
Qualifications / Education:

• Minimum of First Degree in Computer Science, Computer Engineering or related course of study is required. Relevant professional qualification(s) and certification(s) will be an advantage.

Work Experience:

• A minimum of 2 years experience in a similar role with General knowledge of systems and network architecture.

Skills:

• Proven experience in a network administrator role.
• Hands on experience in networking, routing and switching.
• Excellent knowledge of best practices around management, control, and monitoring of server infrastructure.
• Experience with firewalls, Internet VPN’s remote implementation, troubleshooting, and IT issues resolution.
• Ability to set up and configure server hardware.
• Familiarity with backup and recovery software and methodologies.
• Great at organizing, prioritizing and multitasking.
• Cisco CCNA or other related certification required.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Logistics Officer

Locations: Oyo, Kwara & Ondo
Planned Start Date: 16/01/2023

Responsibilities

• Develop ideas keeping in mind the organization’s needs, building’s usage and environmental impact.
• Produce detailed blueprints and make any necessary corrections.
• Compile project specifications.
• Keep within budgets and timelines.
• Ensure that all works are carried out to specific standards, building codes, guidelines and regulations.
• Make on site visits to check on project status and report on project.
• Cooperate and liaise with construction professionals.
• Follow architectural trends and advancements.
• Control project from start to finish to ensure high quality, innovative and functional design
• To contribute to search for branch premises.
• Manage logistics issues within branches.
• To organize branches’ installation: timely supply of equipment, furniture, material, stationery, security services, and ensure respect of standards (e.g. fire protection, strong room quality, antiburglary measures).
• To follow up on maintenance of all fixed assets (including vehicles) and premises.
• To assist in providing administrative procedures for offices.
• Perform other duties as may be assigned by the Logistics Manager..

Profile
Persons Specification:

• Qualification / Education:  Minimum of First Degree in Social Sciences or related course of study is required, Project Management certification will be an advantage.
• Work Experience: A minimum of 3 years working experience as an Archtect or in similar role.

Skills:

• Expert knowledge of building products, construction details and relevant rules, regulations and quality standards.
• Excellent drawing skills and familiarity with design software (AutoCAD, SketchUp, Revit architecture or similar).
• Strong imagination and the ability to think and create in 3D dimensions.
• Visual awareness and an eye for detail.
• Communication and project management skills.
• Problem solving skills.
• Understanding of the terrains indicated is a must.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Legal and Compliance Officer

Location: Lagos
Planned Start Date: 31/01/2023

Responsibilities
Legal:

• Support to provide analysis on legal and policy issues
• Support in co-ordinating the writing and updating of processes, procedures and other guides relating to operations
• Review contracts, legal related documents, internal policies and ensure they are in compliance with all statutory or legal requirements
• Support to manage the Institution’s charged off loans and non- performing assets
• Provide legal counsel to recover outstanding debts from defaulting Customers.
• Conduct research into variety of legal issues.
• Examine and report newly published laws, acts and regulations and ascertaining how these affect the institution’s business
• Perfecting of legal documentation.
• Support in recommending operating policy and procedural improvements.
• Keep abreast with all government legislations and CBN policies that may affect operations and present opinion/advise on same
• Provide support for all Law Enforcement related matters when required to do so
• Support to develop comprehensive reports on matters that are to be instituted in Court.

Compliance:

• Support to create necessary awareness on regulatory and supervisory provisions, circulars, directive and legislations affecting the bank’s operation and objectives
• Support to collaborate with HR department to provide periodic trainings for staff on Regulatory compliance.
• Follow up on approved recommendations of CBN, NDIC etc.
• Ensure full compliance of monthly reporting to regulatory bodies CBN, NDIC, EFCC, Credit bureaux.
• Prepare evaluation report on compliance to the management on monthly basis

Profile

• Education level: Degree in Law and a relevant Professional certification is an advantage.
• Specific training required:
• Training on Company products and services.
• Work experience required (domain and number of years):
• Must have a minimum of Four (4) years post call legal experience out of which minimum of twelve (12) months in a fnancial institution.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Audit Officer

Locations: Ibadan - Oyo & Lagos
Planned Start Date: 01/02/2023

Main Responsibilities
Planning Activities:

• To contribute to the risk assessment and the design of the audit plan

Core Audit Activities:

• To participate in the conduct of internal audit missions in line with the audit plan
• To participate in special audit missions as may be required by the Managing Director or the Audit Committee
• To apply Internal Audit Standards and Advans audit methodologies in the course of his/her duties, in order to produce audit programs and working papers including a relevant and sufficient documentation of the audit activities
• To participate in the follow-up of the implementation of internal audit recommendations and, where applicable, of recommendations made by regulators or external auditors
• When deemed necessary, to assist in examining new or updated systems and related procedures prior to their implementation to prevent possible deficiencies in the internal control system

Reporting Activities:

• To participate in the preparation of mission reports and deliver them to his/her supervisor, to obtain management responses and to review these answers before submission to his/her supervisor
• To contribute to the preparation of audit activity reports and other reports on a regular basis for submission to the Audit Committee and the Advans group internal auditor.

Person Specification

• Candidates should possess a B.Sc. / HND in any discipline.
• Professional Qualification such as (CIMA, ACCA, ICAN...) or its equivalent will be an advantage.
• External Applicants must have 1 - 3 years experience as an  Internal auditor in a financial insititution.
• Internal  applicants must have spent a minimum of 18 months in the bank as a staff OR have 1 - 3 years previous work experience as an auditor.
• High-level proficiency in written and spoken English; good knowledge of word processing; proven spreadsheet skills; good interpersonal relations skills.

Personal Traits:

• Meticulous, open-minded, autonomous and fast learner.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Relationship Officer

Location: Onitsha, Anambra
Planned Start Date: 31/01/2023

Main Responsibilities

• The Relationship Officer is responsible for processing the loans, monitoring the loan portfolio and developing the Advans La Fayette MFB loan clientele.
• He/she will also be responsible for developing the savings and deposits portfolio for the target groups.
• The client Officer will spend more than 70% of the time on the field by performing visits to clients in commercial areas.

Profile

• Bachelors Degree or Higher National Diploma in any discipline from accredited polytechnic or University with NYSC discharge certificate or NYSC Exclusion Letter.
• Good relationship and communication skills with strong team spirit
• Strong analytical skills
• Good computer skills
• Real motivation to work and grow in a performance based environment
• Taste for fieldwork.

Additional Knowledge / Skills Required:

• Practical knowledge of micro / small / medium businesses
• Knowledge of microfinance bank sector is an advantage
• Good writing skills
• Knowledge of the major local languages.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Recovery Officer

Location: Nigeria
Planned Start Date: 16/01/2023

Main Responsibilities
Recovery Management:

• Assess the situation of late payment to facilitate speedy customer in the payment.
• Ensure that 50% of clients in Par 1-90 portfolio are contacted.
• Ability to conduct proper portfolio handover.
• Ensure that all correspondence/information are requested and received from responsible Client Officers and kept in the clients file.

Asset seizure / sales:

• Ability to successfully conduct assets seizure independently.
• Ensure proper documentation of the seized item and immediate storage of the same.
• Maintain good communication with the Head of Recovery if challenges occur during seizures and also work with him to fix prices of the items in line with the banks policy.
• Ability to coordinate seizures systematically with sales to ensure that the sales of the items can cover for the total outstanding debt.

Arrears Portfolio Management:

• Conduct Portfolio segment analysis to identify risky segments and potential methods of recovery of the debt.
• Ability to Follow up on pending payment agreements with default clients and reach negotiated agreements with them.
• Identify challenges in own portfolio and discuss same with the Head of Recovery with the objective of overcoming the challenges to recover the debt.
• Identify and analyse portfolio to determine root causes of default and propose the best method of recovery of the loan.
• Ensure that very difficult cases at least 5 per week are brought to the attention of the weekly arrears committee meeting for a concerted effort towards debt recovery.

Reduction of Loan restructuring, Loan refinancing and Loan write-offs:

• Ability to react proactively to unhealthy and risky portfolio thereby saving the institution of losses.
• Conduct prompt follow up on all parties leading to a jointly negotiated settlement and reduction of losses.
• Look for innovative ways to get loan repayment other than restructuring, refinancing and write-offs.
• Reduce write-off projections for own portfolio by 30% monthly.

Generic Responsibilities:
Quality control and production arrears management:

• Ensure the recovery of written off loans.
• Monitor customer file and late payment in arrears.
• Perform reminders by telephone, mail or in the field of late payment by customers.
• Apply debt collection procedures to unpaid instalments.
• Maintain close contact with customers when necessary and feasible.
• Achieve given recovery targets.
• Negotiate a new schedule in case of actual difficulty of the customer found.
• Ensure recovering unpaid instalments is in accordance to the banks’ policy.

Controls:

• Checking past due notices/other client correspondence/letters.
• Monitoring customers’ compliance to timeline.

Profile

• Education level: HND / B.A. / B.Sc in any related discipline, and must have completed NYSC or possess an exclusion certificate. Special Training: Debt Recovery Training will be an added advantage.
• Experience Required: Minimum of one (1) year experience as a collection recovery officer preferably in a financial institution.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Facility Manager & Network Expansion

Location: Nigeria
Planned Start Date: 16/01/2023

Main Responsibilities

• Develop ideas keeping in mind the organization’s needs, building’s usage and environmental impact.
• Produce detailed blueprints and make any necessary corrections.
• Compile project specifications.
• Keep within budgets and timelines.
• Ensure that all works are carried out to specific standards, building codes, guidelines and regulations.
• Make on site visits to check on project status and report on project.
• Cooperate and liaise with construction professionals.
• Follow architectural trends and advancements.
• Control project from start to finish to ensure high quality, innovative and functional design
• To contribute to search for branch premises.
• Manage logistics issues within branches.
• To organize branches’ installation: timely supply of equipment, furniture, material, stationery, security services, and ensure respect of standards (e.g. fire protection, strong room quality, antiburglary measures).
• To follow up on maintenance of all fixed assets (including vehicles) and premises.
• To assist in providing administrative procedures for offices.
• Perform other duties as may be assigned by the Logistics Manager.

Profile
Persons Specification:

• Qualifications / Education: Minimum of First Degree in Architecture or related course of study is required, Project Management certification will be an advantage.
• Work Experience: A minimum of 3 years working experience as an Archtect or in similar role.
• Language: Good communication skills and ability to speak major Nigerian dielect(s).

Skills:

• Expert knowledge of building products, construction details and relevant rules, regulations and quality standards.
• Excellent drawing skills and familiarity with design software (AutoCAD, SketchUp, Revit architecture or similar).
• Strong imagination and the ability to think and create in 3D dimensions.
• Visual awareness and an eye for detail.
• Communication and project management skills.
• Problem solving skills.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Senior Recovery Officer

Location: Nigeria
Planned Start Date: 16/01/2023

Main Responsibilities
Recovery Management:

• Assess the situation of late payment to facilitate speedy customer in the payment.
• Ensure that 50% of clients in Par 45 portfolio is contacted.
• Ability to conduct proper portfolio handover.
• Ensure that all correspondence/information are requested and received from responsible Client Officers and kept in the clients file.

Asset seizure / sales:

• Ability to successfully conduct assets seizure independently.
• Ensure proper documentation of the seized item and immediate storage of the same.
• Maintain good communication with the Head of Recovery if challenges occur during seizures and also work with him to fix prices of the items in line with the banks policy.
• Ability to coordinate seizures systematically with sales to ensure that the sales of the items can cover for the total outstanding debt.

Arrears Portfolio Management:

• Conduct Portfolio segment analysis to identify risky segments and potential methods of recovery of the debt.
• Ability to Follow up on pending payment agreements with default clients and reach negotiated agreements with them.
• Identify challenges in own portfolio and discuss same with the Head of Recovery with the objective of overcoming the challenges to recover the debt.
• Identify and analyse portfolio to determine root causes of default and propose the best method of recovery of the loan.
• Ensure that very difficult cases at least 5 per week are brought to the attention of the weekly arrears committee meeting for a concerted effort towards debt recovery.

Reduction of Loan restructuring, Loan refinancing and Loan write-offs:

• Ability to react proactively to unhealthy and risky portfolio thereby saving the institution of losses.
• Conduct prompt follow up on all parties leading to a jointly negotiated settlement and reduction of losses.
• Look for innovative ways to get loan repayment other than restructuring, refinancing and write-offs.
• Reduce write-off projections for own portfolio by 30% monthly.

Generic Responsibilities
Quality control and production arrears management:

• Ensure the recovery of written off loans.
• Monitor customer file and late payment in arrears.
• Perform reminders by telephone, mail or in the field of late payment by customers.
• Apply debt collection procedures to unpaid instalments.
• Maintain close contact with customers when necessary and feasible.
• Achieve given recovery targets.
• Negotiate a new schedule in case of actual difficulty of the customer found.
• Ensure recovering unpaid instalments is in accordance to the banks’ policy.

Controls:

• Checking past due notices/other client correspondence/letters.
• Monitoring customers’ compliance to timeline.

Profile

• Education level: HND / B.A. / B.Sc in any related discipline, and must have completed NYSC or possess an exclusion certificate. Special Training: Debt Recovery Training will be an added advantage.
• Experience Required: Minimum of two (2) years experience as a debt recovery officer preferably in a financial institution.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Finance Officer

Location: Ibadan, Oyo
Planned Start Date: 16/01/2023

Job Responsibilities

• Petty Cash payment and posting including foreign currencies
• Cash Advance payment and posting
• Monthly Branch Vault Control
• Monthly branch petty cash control
• Daily import of Orbit transaction to SAGE
• Daily Call over of Banking Service Reconciliation Officer
• Daily Control of Suspense account:183104 and 183108
• Sage House keep- Matching
• Daily Budget Monitoring Report.

Profile
Specification:

• Minimum of B.Sc / HND in Accountancy or related courses. While a relevant professional course is an added advantage.
• Minimum of two (2) years verifyable work experience as an accountant preferably in a finance institution.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Risk and Internal Control Officer

Location: Nigeria
Planned Start Date: 16/01/2023

Main Responsibilities and Tasks

• 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.
• 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.

Person Specification
Qualifications / Education:

• B.Sc. / HND in any discipline.
• Professional Qualification such as (CIMA, ACCA, ICAN...) or its equivalent will be an advantage.

Work Experience:

• Applicant must have minimum of two (2) years work experience as risk / internal control and compliance officer prefferably in a finance institution

Skills:

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

Personal Traits:

• Meticulous, open-minded, autonomous and fast learner.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online