Compliance & Loan Documentation Officer at a Fully Integrated Micro Finance Bank

A fully integrated Micro Finance Bank located around the key markets within the Lekki corridor is recruiting to fill the position below:

Job Title: Compliance & Loan Documentation Officer

REF: CLDO-003
Location: Lekki, Lagos

Details

• We are looking to recruit young, dynamic employees who are desirous to make a mark for themselves in the field of microfinance banking.
• If you are target driven, motivated, dedicated with a verifiable track record of achievement then this could be your game changer.

Job Description

• Coordination of the periodic risk assessment process.
• Documentation of financial and operational processes, identification of risks in such processes, walkthrough and testing of controls
• Implementation and follow-up of action plans to mitigate risks and address findings from audits and internal testing.
• Periodic reporting (e.g. Status reports) to Executive Management according to the defined calendar.
• Incident reporting
• Management of compliance requirements in coordination with concerned departments (especially finance, marketing, operations) and third-parties (corresponding/settlement bank, card processor, etc)
• Design, participation in and coordination of Anti-Money Laundering processes (checks, due diligence, KYC, KYB, etc).
• Design of processes, reports and alert systems to detect fraud and anomalies and report complaints.
• Keeping up-to-date with regulations, inform the business of changes when relevant and respond accordingly.
• Collaboration with all departments to develop new processes for products and services
• Participation in new product development to ensure compliant design
• Assisting the IT department in access control management.

Requirements

• Experience: 2 - 3 years micro finance banking is a MUST.
• Related experience in the financial service sectors would also suffice.

Application Closing Date
12th September, 2023.