Cash Officer / Fund Transfer Officer at Covenant Microfinance Bank Limited - 3 Openings

Covenant Microfinance Bank Limited was incorporated as a private limited liability company on May 6, 2003 and commenced operations on March 15, 2004 as Covenant University Community Bank Limited (CUCB LTD). Converted to a Microfinance Bank in line with Central Bank of Nigeria’s directive to all Community Banks and commenced business as such on January 11, 2008.Granted license to operate as a State Microfinance Bank in December, 2012 having met the prescribed N100 million minimum capital requirement. In 2014, became one of the first Microfinance Banks to generate the 10-digit Nigeria Uniform Bank Account Number (NUBAN) for all its customers after successfully signing up for integration to NCS.

We are recruiting to fill the position below:

Job Title: Cash Officer / Fund Transfer Officer

Locations: Abeokuta, Akute, and Ifo Branch, Ogun
Employment Type: Full-time

Job Description
Cash Management:

• Handle all cash transactions, including deposits, withdrawals, and vault management.
• Ensure daily balancing of cash and maintain accurate records of all transactions.
• Monitor cash levels and manage cash flow to ensure availability for customer needs.
• Prepare and submit daily cash position reports to management.

Fund Transfers:

• Process local and international fund transfers accurately and promptly.
• Verify the authenticity and completeness of transfer instructions and documentation.
• Ensure compliance with all regulatory requirements related to fund transfers.
• Resolve any discrepancies or issues related to fund transfers in a timely manner.

Customer Service:

• Provide excellent customer service by assisting clients with their cash and fund transfer needs.
• Address customer inquiries and resolve issues regarding transactions and fund transfers.
• Educate customers on bank services, especially regarding fund transfer processes.

Compliance and Risk Management:

• Adhere strictly to the bank’s policies, procedures, and regulatory requirements.
• Identify and report suspicious transactions or activities as per anti-money laundering (AML) regulations.
• Assist in audits and ensure compliance with internal and external audit requirements.

Requirements

• Candidates should possess HND / B.Sc Degrees with 0 - 2 years relevant work experience.

Application Closing Date
2nd September, 2024.