Internal Regulate Officer at Bosak Microfinance Bank Limited in Ikeja, Lagos
Organization:
- Bosak Microfinance Bank Limited
Job Location:
- Ikeja, Lagos
Employment Type:
- Full time
Date Posted:
Job Description
Duties
- Carrying out private inquiries on regulate breaches.
- Vault cash count and register
- Ensure the physical cash matches with the system balance
- Ensure loan officer`s and teller`s till are balanced and zero
- Spooling of uncheck SMS documentation, explore why the client(s) was unchecked
- Spool on a weekly basis repayment answer to call client`s with previous day shortfall (a minimum of 20 clients in a week), explore why repayment was not made
- Checking of LO`s till for routine postings on site
- Marking of LO`s ledgers.
- Making sure that all cash received from clients by LO/BM are paid to our correspondence banks and if there are obstacles in this regards, it is anticipated that all unpaid cash are to be boxed in the vault.
- Checking and Sending of disbursement guidance to the suitable unit
- Ensure adequate care and servicing & maintenance of bank’s properties.
- Observes company wide adherence with laid down rules, methods and standardized process to guarantee compliance.
- Evaluate & oversee the daily initiatives presence register and business concerns.
- Make sure that plans defined are executed by Internal Audit Team for completion of the department’s targets.
- Carry out specific management allocated duty.
- Help in carrying out Full Scale Assessment & Audit.
- Calling over of financial record and quality assurance.
- Checking of Loan Officer’s routine financial record.
- Documentation all form of infraction affecting the business arising from routine conditions.
- Carrying out random spot check with other unit on procedures and workflows to recognize promise weaknesses or deviations from the established standardized processes.
- Query all anomalies discovered from spot check.
- Participate to deceased client`s documentation, if any.
- Evaluate the primary risks facing the bank and detect threat risk reduction measures.
- Coordinating the risks linked to the different Units in the bank (Enterprise Risk mitigation strategy) and checking in to guarantee adherence on all observations.
Qualifications
- At least Bsc in Accounting, Finance, or a relevant field.
- A specialist certification in Audit/ Accounting would be beneficial.
- Comprehensive expertise (at least 3years) in internal auditing, ideally inside the financial solutions industry.
- Established leadership and Team building competencies.
- Robust logical and analytical abilities.
- Clear articulation, interpersonal, and documentation skilled in writing.
- Deep understanding of internal regulate frameworks and industry standards.
- Competence in MS Workspace Suite.
Application Due Date
- Tuesday 12th Aug, 2025
Steps To Apply
Suitable applicants should send their Resume to: recruitment@bosakmfb.com using the Position name as the subject of the mail.