Current Career Opportunities at Crossover Microfinance Bank

Crossover Microfinance Bank is an establishment for empowering business owners to promote their businesses and increase their productivity by providing easy access to loans.

We are recruiting to fill the position below:

Job Title: Internal Control Officer

Locations: Ikeja, Ikorodu, Okokomaiko & Ajegunle – Lagos
Employment Type: Full-time

Job Description

• Daily check of call over of all books of account to ensure that is free from all errors
• Reconciliation of cash book and cash collateral (security deposit) GL on bank-one.
• Reconciliation of pass book, collection sheet and bank one
• Reconciliation of HMO’s with loan disbursed
• Reconciliation of loan disbursed on bank one and loan withdrawn ( GL )
• Ensure compliance with all the bank’s operational policies
• Daily check of cash book and verification of all branch expenses
• Preparation of Compliance and Internal Control Reports
• Checking of loan forms and verification of clients details after disbursement
• Pay random visit to client site for account reconciliation
• Daily review of petty cash book
• Ensure daily treatment of any exceptions on branch operational activities
• Ensure quality portfolio management including but not limited to group visitation, monthly branch audit ROs portfolio, loan appraisal reviews and loan monitoring.
• Regular review of the Branch’s Portfolio at Risk (PAR) in conformity with the bank’s policies (PAR≤3%).
• Monitor bank’s assets and identify any obsolete or idle assets for efficient disposal as may be required.
• Conduct physical verification of Property, Plant and Equipment (PPE) and monitor its disposal.
• Perform other duties and responsibilities, as may be assigned by the Head, Internal Control and Audit.

Requirements

• Candidates should possess an OND qualification with 2 – 4 years work experience.

Application Closing Date
2nd January, 2023.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.

Job Description

• Pay and receive cash, verify amounts and check for accuracy of deposit slips across the counter
• Book customers’ loans, post customers’ withdrawals and deposits.
• Carry out cash and other transaction reconciliation
• Open Customer’s Account and update customer account details/data on the database/banking software
• Maintains accurate computer and paper records required by the department
• Manage the office petty cash and prepare cash count certificate
• Maintain appropriate interpersonal relationships with employees and customers
• Maintain and update account opening and closure registers
• Maintain customer mandate upload
• Attend to customer inquiries and maintain customer confidence and protects bank operations by keeping information confidential.
• Complies with bank operations and security procedures by participating in all dual-control functions
• Cross-sells bank products by answering inquiries; informing customers of new services and product promotions
• Contributes to team effort by accomplishing related results as needed
• Ensure effective call over of transactions
• Perform other duties and responsibilities as may be required by Head, Operations.

Requirements

• Interested candidates should possess a BSc in relevant fields with 0 – 2 years work experience.

Application Closing Date
2nd January, 2023.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.

Job Description

• Generate correspondent bank statements and casebook / general ledger and reconcile them.
• Prepare journals and ensure accounts are reconciled to show all accrued outstanding are updated and balances match with the general ledger and trial balance.
• Work with BOPs and Head office finance department for timely transactions, booking and clearance of related bank reconciliation items.
• Investigate all entry in the reconciliation statement and general ledger suspense accounts to ensure all items are posted promptly and timely clearance of accounts respectively
• Prepare daily, weekly and monthly summary of reconciliation report to ensure it tallies with the bank’s trial balance
• Analyse, reconcile and proof read the general ledgers. Monitor inter-institution receivables and payables for the bank.
• Follow up of all outstanding items on bank reconciliation statements with concern and/or various organization units
• Ensure accurate and timely reconciliation of bank transactions for all the bank’s accounts
• Verify the reliability and accuracy of bank balances in the general ledger and trial balance.
• Perform other duties as required by line manager

Requirements

• Interested candidates should possess an HND in relevant fields with 2 – 4 years work experience.

Application Closing Date
2nd January, 2023.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.

Job Description

• Design and revise internal control measures, compliance strategy and framework.
• Identify control lapses and policy inadequacies thorough investigation for a continuous improvement process.
• Design Internal Control work plan and coordinate compliance activities across branches
• Oversee activities of branch internal control officers for maximum effectiveness
• Carry out spot checks on operational activities across all branches and take action on non-compliance issues
• Receive and review all audit and control reports and identify issues for necessary action
• Ensure prompt investigation of fraud & forgery cases, breach of policies/procedures and related matters to a logical conclusion.
• Make recommendation for appropriate preventive/remedial actions and policy amendments based on emerging issues in internal control unit
• Appraise subordinates objectively, and follow up on action points resulting from the appraisal
• Responsible for the overall performance of the unit including, coaching and monitoring of subordinates.
• Carry out staff audit in conjunction with the Human Resources Department
• Recommend and/or facilitate training of Internal Control Officers bank-wide.
• Daily call-over of Head-office transactions
• Weekly and Monthly review of branches’ call-over.
• Oversee the treatment of any exceptions on bank activities and ensure proper documentation.
• Ensure quality portfolio management bank-wide including but not limited to branch visitation.
• Regular review of the bank’s Portfolio at Risk (PAR) in conformity with the bank’s policies (PAR≤3%).
• Monitor the bank’s assets and identify any obsolete or idle assets for efficient disposal as may be required.
• Ensure monthly review of bank reconciliation statements for all existing bank
• Ensure compliance with statutory deductions.
• Supervise stock counts and follow through to ensure that balances are reconciled with the bank’s books
• Oversee the physical verification of Property, Plant and Equipment (PPE) and monitor its disposal.
• Prepare monthly and quarterly compliance and control reports as required.
• Ensure compliance with regulatory bodies (CBN, NDIC etc.) guidelines.
• Perform other duties and responsibilities, as may be assigned by the Board of Directors and Managing Director

Requirements

• Interested candidates should possess a Master’s Degree in relevant fields with 4 – 6 years work experience.

Application Closing Date
2nd January, 2023.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.