Operations Manager at a New Microfinance Bank - Edgewood Consulting Limited

Posted on Mon 06th Jun, 2022 - www.hotnigerianjobs.com --- (0 comments)

Edgewood Consulting Limited - Our client, a new Microfinance Bank licensed by the Central Bank of Nigeria located in Okitipupa environ, Ondo State, is recruiting suitable candidates to fill the position below:

Job Title: Operations Manager

Location: Okitipupa, Ondo
Employment Type: Full-time

Responsibilities

  • Supervise and coordinate branch operations on daily basis
  • Maintain a highly motivated, skilled and well-trained workforce in banking operations
  • Ensure that all activities and processes undertaken by operations Unit are in conformity with set standards pertaining to banking policies
  • Safeguard customers’ data and protect against fraud.
  • Establish and review key operational risk indicators/key control standards and formulate action plans to minimize the Bank’s exposure to fraud and losses.
  • Manage the Bank’s operational risk exposure by supporting the Business to identify areas of operational risk exposure and by developing and implementing corrective action.
  • Design, develop and keep updated the Banks’ Operations Manual and ensure compliance to all operational guidelines, processes and procedures.
  • Responsible for re-engineering business processes to improve customer service, cost-effectiveness and controls.
  • Ensure compliance with regulatory requirements relating to Banking Operations.
  • Ensure that effective documentation is in place, in the form of user guides and implement operational improvements to reduce operational costs, tighten controls to improve service quality and customer service.
  • Manage the Banking Operations Department (staff and budget).
  • Central Operations – Account Services, Clearings, Payments, Cash Management and Reconciliation
  • Card Operations – Account Services, Chargeback & Fraud & Reconciliation of the Bank’s debit card activities
  • Credit Operations – Loan sanction fulfillment, & administration distribution (Retail, Business, Commercial and Corporate and Institutional segments) whilst ensuring the identification and management of underlying operational risks.

Qualifications
Applicant must possess the following qualifications:

  • Minimum of B.Sc / HND from a recognized institution in any discipline
  • 4-7 years’ experience in Banking/Microfinance institution will be an added advantage
  • MCP Certification in microfinance banking will be an added advantage.

Job Requirements:

  • Detailed knowledge of Banking procedures and policy principles at all levels
  • Thorough knowledge of Cash Management, Account Services, Clearing and Payment functions
  • Extensive knowledge of Treasury Operations and Trade Finance
  • Understanding and application of best practice in all areas of Operational Banking with ability to drive efficiency and effectiveness.
  • Analytical and practical understanding of workflow, capacity planning / optimisation and process implementation
  • Ability to recognise problems and apply Risk Management techniques to address them.

Application Closing Date
30th June, 2022.

Method of Application
Interested and qualified candidates should send their Applications to: [email protected] using "Operations Manager (Microfinance Bank)" as the subject of the email.

Note: Only qualified candidates will be contacted.