ADVANS Job Recruitment, La Fayette Nigeria – [3 new vacancies]

Latest careers, jobs vacancies and recruitment at Advans Nigeria ( La Fayette ) Microfinance Bank May, 2022

La Fayette Microfinance Bank Limited – As an international registered microfinance bank, Advans La Fayette Microfinance Bank offers a complete range of financial services and means of payment for its customers including savings accounts, current accounts and fixed deposit accounts. Fully client-oriented, La Fayette Microfinance Bank offers great flexibility, independence and financial security to help clients stay committed to their short and long term financial goals.

Advans - La Fayette Jobs Vacancies

  May 2022.     Risk and Internal Control Officer, Nigeria

Job Title: Risk and Internal Control Officer

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Locations: Oyo, Kwara & Lagos
Planned Start Date: 19 / 04 / 2022.

Main Responsibilities and Tasks

  • Ensure branch staff comply with Internal Code of Conducts; Policy/Procedure and Regulations on transactions initiated by the bank.
  • Ensure that all expected activities as stipulated in the control checklists are performed by the branch management
  • Educate and train staff on compliance issues, and acting as the contact point within the branch for compliance queries from staff members
  • Create and improve homogenous Compliance Culture in the assigned branch that aligns with control and business objectives of the Bank
  • Build strong KYC and KYCB compliance environment in the assigned branch i.e. ensure capturing of all valid KYC documentation into all customers’ accounts in the Core Banking Applications through the regular review of Account opening and documentation both on client files and on the system.
  • Carry out unannounced field visit to clients’ business locations before or after loan approval as the case may be.
  • Ensure integrity of the transactions and GL accounts in the branch through daily review of the branches GL balance reports. Any major deviation from the standard must be escalated.
  • Institute and enforce aggressive Cost reduction Strategies/Tactics for the branch under your purview to ensure zero% income wastage
  • Ensure prompt resolution of all recommendations in the Internal Audit Report, Regulatory Examiners Report and other Statutory Examiners Report involving the branch under your purview.
  • Ensure daily Call Over of all Tills transactions (which include but not limited to deposit/withdrawal slips, Cheque slips, Internal fund transfers) within 24 hours of posting and where practicable online same day and as may be advised to you from time to time
  • Daily Review of all System Generated Override Message/Exception Reports to ensure that appropriate approvals were obtained for it and that they are valid transactions
  • Daily review of ATM Card and Pin Management or any other related reviews to ensure any irregularities are discovered and escalated promptly.
  • Conduct Special Investigation as may be directed by the Risk and Compliance Manager.
  • Conduct spot checks, stock taking and other functions as may be assigned from time to time.
  • Ensure prompt and qualitative rendition of relevant returns and reports as may be required by the Risk and Compliance Manager which will include among others:   Critical Control Issues Report, Unusual Incidence Report, Report on assets ageing in standard approved format etc.
  • Any other job that may be assigned by the Risk and Compliance Manager.

Person Specification
Qualifications / Education:

  • B.Sc. / HND in any discipline.
  • Professional Qualification such as (CIMA, ACCA, ICAN…) or its equivalent will be an advantage.

Work Experience:

  • Applicant must have minimum of two (2) years work experience as risk / internal control and compliance officer prefferably in a finance institution

Skills:

  • High-level proficiency in written and spoken English; good knowledge of word processing; proven spreadsheet skills; good interpersonal relations skills.

Personal Traits:

  • Meticulous, open-minded, autonomous and fast learner.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Deposit Officer, Nigeria

Job Title: Deposit Officer | Advans Microfinance Bank Limited | Location: Lagos | Planned Start Date: 04 / 04 / 2022.

Main Responsibilities
Manage a portfolio of clients:

  • Prospect potential clients and follow up through regular contact with prospects.
  • Manage the relationship with clients in the portfolio to ensure maximum client’s satisfaction and retention.
  • Organize an efficient schedule that will allow regular meetings with clients and maximized performance.
  • Identify clients’ needs in order to cross-sell effectively.
  • Monitor the deposits of the clients under supervision.
  • Grow the individual deposit portfolio in line with the targets set by the Management by offering quality service and selling products that fit the particular clients’ needs.
  • Accordingly answer clients’ questions and complaints related to Advans LFMFB products and services.
  • Participate in the promotion of Advans LFMFB products and services by informing prospects as well as clients.
  • Propose new products/services to management.

Organization and control:

  • Ensure compliance of all operations performed with Advans policies and procedures.
  • Share information and best practices with other Deposit Officers.
  • Report all the issues related to the job to the Branch Manager and Deposit Team Leader.
  • Ensure all cash transactions are done according to Advans LFMFB policies and procedures.
  • Respect AML/KYC policies by identifying all the clients and reporting any suspicious transaction.

Profile

  • Degree or Higher National Diploma in any discipline from accredited polytechnic or University with NYSC discharge certificate or NYSC Exclusion Letter.
  • Minimum of two (2) years experience as a deposit sourcing staff in a financial institution preferably a commercial bank.
  • Good relationship and communication skills with strong team spirit  
  • Strong analytical skills  
  • Good computer skills  
  • Real motivation to work and grow in a performance-based environment
  • Taste for fieldwork.

Additional Knowledge / Skills Required:

  • Practical knowledge of micro/small/medium businesses  
  • Knowledge of microfinance bank sector is an advantage
  • Good writing skills  
  • Knowledge of the major local languages.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

 Mobile Teller

Job Title: Mobile Teller | La Fayette Microfinance Bank Limited | Location: Lagos
Planned Start Date: 04 / 04 / 2022.

Main Responsibilities
Manage a portfolio of clients:

Build a portfolio of clients by:

  • Proposing the service to existing Advans clients
  • Prospecting potential clients at their business places and following up through regular contact with prospects
  • Monitor the deposits of the clients under supervision.
  • Grow the individual deposit portfolio in line with the targets set by the Management by offering quality service and selling products that fit the particular clients’ needs.
  • Accordingly answer clients’ questions and complaints related to Advans LFMFB products and services.
  • Participate in the promotion of Advans LFMFB products and services by informing prospects as well as clients.
  • Identify clients’ needs and propose new products/services to management.

Field Cash Collection activities:

  • Organize an efficient daily collection schedule with clients in the portfolio.
  • Collect clients’ deposits, and transfer the money collected directly into clients’ accounts via the BankOne technical application on the phone.
  • Ensure all cash transactions are done according to Advans LFMFB policies and procedures.
  • Respect AML/KYC policies by identifying all the clients and reporting any suspicious transaction.
  • Strictly adhere to the MIS requirements when registering all cash transactions in the MIS system.
  • Report any cash shortage or overage to the CSS and Deposit Team Lead
  • Encourage clients to make deposits on their Advans account.
  • Liaise with Client Officers on clients interested by the Mobile collection service for saving.
  • Create new clients and accounts on the field.

Organization and control:

  • Cash counts and controls: ensure and control the conformity of transactions with collected cash and monitoring tools.
  • Ensure compliance of all operations performed with Advans policies and procedures.
  • Share information and best practices with other Mobile Tellers.
  • Report all the issues related to the job to the CSS and Deposit Team Leader.

Profile

  • An OND / N.C.E graduate from an accredited Polytechnic or College of Education.
  • Must have completed his/her industrial training.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Senior Recovery Officer

La Fayette Microfinance Bank Limited | Job Title: Senior Recovery Officer

Locations: Ibadan – Oyo & Lagos
Planned Start Date: 01 / 04 / 2022

Main Responsibilities
Recovery Management:

  • Assess the situation of late payment to facilitate speedy customer in the payment.
  • Ensure that 50% of clients in Par 45 portfolio is contacted.
  • Ability to conduct proper portfolio handover.
  • Ensure that all correspondence/information are requested and received from responsible Client Officers and kept in the clients file.

Asset seizure / sales:

  • Ability to successfully conduct assets seizure independently.
  • Ensure proper documentation of the seized item and immediate storage of the same.
  • Maintain good communication with the Head of Recovery if challenges occur during seizures and also work with him to fix prices of the items in line with the banks policy.
  • Ability to coordinate seizures systematically with sales to ensure that the sales of the items can cover for the total outstanding debt.

Arrears Portfolio Management:

  • Conduct Portfolio segment analysis to identify risky segments and potential methods of recovery of the debt.
  • Ability to Follow up on pending payment agreements with default clients and reach negotiated agreements with them.
  • Identify challenges in own portfolio and discuss same with the Head of Recovery with the objective of overcoming the challenges to recover the debt.
  • Identify and analyse portfolio to determine root causes of default and propose the best method of recovery of the loan.
  • Ensure that very difficult cases at least 5 per week are brought to the attention of the weekly arrears committee meeting for a concerted effort towards debt recovery.

Reduction of Loan restructuring, Loan refinancing and Loan write-offs:

  • Ability to react proactively to unhealthy and risky portfolio thereby saving the institution of losses.
  • Conduct prompt follow up on all parties leading to a jointly negotiated settlement and reduction of losses.
  • Look for innovative ways to get loan repayment other than restructuring, refinancing and write-offs.
  • Reduce write-off projections for own portfolio by 30% monthly.

Generic Responsibilities
Quality control and production arrears management:

  • Ensure the recovery of written off loans.
  • Monitor customer file and late payment in arrears.
  • Perform reminders by telephone, mail or in the field of late payment by customers.
  • Apply debt collection procedures to unpaid instalments.
  • Maintain close contact with customers when necessary and feasible.
  • Achieve given recovery targets.
  • Negotiate a new schedule in case of actual difficulty of the customer found.
  • Ensure recovering unpaid instalments is in accordance to the banks’ policy.

Controls:

  • Checking past due notices/other client correspondence/letters.
  • Monitoring customers’ compliance to timeline.

Profile
Education level:

  • HND / B.A. / B.Sc in any related discipline, and must have completed NYSC or possess an exclusion certificate.
  • Special Training: Debt Recovery Training will be an added advantage.

Experience Required:

  • Minimum of two (2) years experience as a debt recovery officer preferably in a financial institution.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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