FEDETH Microfinance Bank Jobs in Nigeria [2 new vacancies]

  • Latest FEDETH Microfinance Bank Recruitment, vacancies and careers in Lagos, Abuja etc August, 2022

About Fedeth Microfinance Bank: Fedeth Microfinance Bank Limited was incorporated on April 28th  2008 to carry on the microfinance banking business and was granted an operating license by the Central Bank of Nigeria in May 2008 and has since become one of the thrives of MFB in the country.  Our management team comprises seasoned and distinguished professionals from diverse backgrounds and is ably complemented by the expertise. 

At FEDETH Microfinance Bank, we have our core values, business philosophy and methodology that makes us stand out as a leading Microfinance Bank in Nigeria. Ours is a culture anchored on: integrity and professionalism: team spirit: continuous investment in our people leveraging on a technology platform, strives ceaselessly to achieve its vision. FEDETH Microfinance Bank is a prestigious financial institution offering a broad range of financial services to micro, small and medium-sized enterprises and other clients.

FEDETH Microfinance Bank Recruitment / Job Vacancies

August 13, 2022.


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AUGUST 3, 2022

HR Operations Analyst at Fedeth Microfinance Bank

Fedeth Microfinance BankJob Title: HR Operations Analyst Location: Abuja… Read more here


JUNE 6, 2022

Business Development Officer at Fedeth Microfinance Bank Limited

Job Title: Business Development Officer | Fedeth Microfinance… Read more here


JUNE 6, 2022

Direct Sale Agent at Fedeth Microfinance Bank

Job Title: Direct Sale Agent | Fedeth Microfinance… Read more here


JUNE 2, 2022

Driver at Fedeth Microfinance Bank

Fedeth Microfinance Bank | Job… Read more here


MARCH 28, 2022

Teller at FEDETH Microfinance Bank

Job Title: Teller | FEDETH… Read more here

Credit Risk Management Officer, Abuja

Location: Abuja (FCT)

Duties and Responsibilities

  • Set up an end-to-end Credit Risk Management Department.
  • Develop and obtain approvals for all credit related policies, product papers, approval limits and related requirements for the proper working of a credit risk management unit
  • Review and provide feedback about the completed loan application form on any missing or unclear documents in the application thereby ensuring all required supportive documents for the credit analysis have been submitted
  • Conduct credit evaluation/ analysis for retail and MSME clients and make appropriate recommendation in line with credit policy
  • Ensure proposed facility are structured appropriately in line with transaction dynamics, repayment structure and customer’s cashflow.
  • Ensure compliance to target market, risk acceptance criteria and overall Credit policy
  • Conduct Risk Rating and Credit scoring for all loan request
  • Conduct financial and non-financial business analysis on proposed request and interpret generated financial ratios/ performance indicators
  • Perform Credit status enquiry and act as interface to other Credit bureaus with regards to submission of data (CRMS, CR, CRC e.t.c)
  • Review of Credit portfolio for sustained quality, performance and compliance with approved terms and conditions as well as Credit policy
  • Recommend credit for final approval, follow-up with the required DLA to ensure request are approved timely and communicate approval to market facing units
  • Ensure that all pre-disbursement conditions are met
  • Ensure that limits are monitored; maturing repayments and all receivables on accounts are collected
  • Good knowledge and interpretation of the CBN policies related to loan management
  • Conduct credit stress testing and advise management on best action to manage portfolio
  • Identification of credit related early warning signals and flagging likely problems before they crystallize
  • Prepare on a timely basis, the rendition of all relevant regulatory returns
  • Liaise with Financial Control Department (FINCON) to prepare Capital Adequacy Ratios and loan impairment in line with CBN prudential guidelines and IFRS requirements
  • Credit call visits to customers with relationship management team.
  • Liaise with Legal Unit and ensure that all security documentations comply with terms of approval and are enforceable
  • Ensure proper filling of customer loan documentation in line with the requirement of the CBN prudential guideline
  • Builds relationship with RMs and Relationship/platform Officers to improve quality of business proposals and turnaround time on credit evaluations.
  • Identify deteriorating accounts for prudential classification and transfer to the recovery team
  • Revise and propose changes to existing Credit Risk policies
  • Prepare relevant risk reports for the Risk Management Committee and relevant Board committees
  • Staff training internally (credit staff) and externally as may be required
  • Carry out such other duties that may be delegated to it by Head, ERM.

Key Performance Indicator (KPI)

  • Non-Performing Loan Ratio (NPL)
  • Cost of Risk (Impairment Charges/ Loan loss provisioning)
  • Credit Risk Management Rating and Perception
  • Process Efficiency
  • Zero regulatory sanction relating to Credit Risk
  • Turnaround time (TAT) to conclude on credit request after receipt of all required information/documentation is (6hrs for PP/Retail and 48 hours for MSME).


  • Candidates should possess a Bachelor’s Degree, Master’s Degree qualification with 3 – 7 years work experience.

Key Competence:

  • Good knowledge of CBN policies on credit and loan administration
  • Knowledge of retail banking and micro lending
  • Strong proficiency in analyzing and evaluating financial information
  • Computer proficiency particularly with spreadsheet
  • Attention to detail; thorough, particular and accurate
  • A demonstrated knowledge of finance, accounting and risk management
  • Communicate in clear, concise and effective written and verbal formats
  • Excellent interpersonal skills
  • Energetic and with sound decision-making skills.

Application Closing Date
22nd March, 2022.

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

Direct Sales Agent, Abuja

Location: Abuja (FCT)
Employment Type: Contract

Key Responsibilities

  • Execute all tasks and activities related to the marketing of products/ services to existing and prospective customers within the assigned region and business area.
  • Promote company products by marketing Fedeth’s products and service offerings to current and potential clients within the assigned jurisdiction.
  • Educate customers on the terms and conditions guiding Fedeth’s products and services.
  • Inform customers of the distinguishing features and benefits of Fedeth’s new products and services.
  • Obtain and file supporting documents and customer correspondence required in closing a deal and provide all other administrative support for transactions.
  • Log and resolve customer queries and complaints, escalating to other support units where necessary to ensure effective resolution.
  • Participate in the implementation of effective marketing strategies, programmes and activities aimed at meeting customer needs, enhance asset creation and relationship management.
  • Build and maintain client base through aggressive customer relationship building and management.
  • Participate in the recovery action on non-performing loans, including watch listed accounts.
  • Conduct customer surveys and business environmental analysis and generate relevant information for product/ service development.
  • Prepare/ compile agreed periodic activity and performance reports for the attention of the Team Leader, Marketing.


  • Candidates should possess an OND / HND / Bachelor’s Degree with 1 – 3 years work experience.

Soft Skills:

  • Excellent communication (written and oral), interpersonal and negotiation skills
  • High level of drive and resilience in achieving set goals/ targets.
  • Good appreciation and working knowledge of MS Office tools
  • High sense of responsibility, accountability and dependability.

Technical Skills:

  • Good knowledge and understanding of the dynamics of marketing models.
  • In-depth knowledge and understanding of the principles of marketing – advertising, brand management, market/sector targeting, product development etc.
  • Expert knowledge of Fedeth’s products and services.
  • Possession of in-depth knowledge of customer acquisition/ retention strategies
  • Good knowledge of the Nigerian Financial Services Industry with emphasis on the mortgage, real estate financing and retail/small business banking sub-sectors.

N50,000 monthly.

Application Closing Date
15th December, 2021.

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

Business Development Officer

Location: Abuja (FCT)
Employment Type: Full-time

Job Summary

  • As a Business Development Officer, you will work to improve an organization’s market position and achieve financial growth.
  • You are expected to participate in the definition of long-term organizational strategic goals, build key customer relationships, identify business opportunities, negotiate, and close business deals and maintain extensive knowledge of current market conditions especially the financial markets.

Roles / Responsibilities

  • Prospect for potential new clients and turn this into increased business.
  • Developing growth strategies and plans.
  • Meet Investment/risk targets for each products as set out at the beginning of the fiscal year. o Preparation of budgets and reviewing timeframes for meeting budget.
  • Manage portfolio to balance interest rate yield per loan while continually increasing funding volumesand minimizing delinquency.
  • Identify and mobilize Investments from both individu al and corporate entities.
  • Deliver quality client service by ensuring that loan decisions are communicated effectively to clients in a timely manner.
  • Manage commission payouts and communicate interest rate changes as the need arises.
  • Cold call as appropriate within your market or geographic area to ensure a robust pipeline of opportunities. Meet potential clients by growing, maintaining, andleveraging existing network.
  • Research and build relationships with new clients.
  • Set up meetings between client decision makers and Bank’s practice leaders/Principals.
  • Plan approaches and pitches.
  • Work with team to develop proposals that speak to the client’s needs, concerns, and objectives.
  • Participate in pricing the solution/service.
  • Handle objections by clarifying, emphasizing agreements and working through differences to a positive conclusion.
  • Use a variety of styles to persuade or negotiate appropriately.
  • resent an image that mirrors that of the organization.
  • Investment Appraisal. o Asset origination.
  • Credit administration and preparation of offer letters.
  • Analysis, appraisal and preparation of Structured Finance agreements and other documents.
  • Review of credit applications to ensure that all documents submitted by the client are complete.
  • Asset inspection before approval is made.
  • Assessment of the client’s balance sheet performance, cash flow and streams of income.
  • Accounts reconciliation and recovery management.

Business Development Planning:

  • Attend industry functions, such as association events and conferences, and provide feedback and information on market and creative trends.
  • Present to and consult with mid and senior level management on business trends with a view to developing new services, products, and distribution channels.
  • Identify opportunities for campaigns, services, and distribution channels that will lead to an increase in sales.
  • Using knowledge of the market and competitors, identify and develop the Banks’s unique selling propositions and differentiators.
  • Brainstorm with other business development teams to create new products that will meet client’s needs while increasing profitability
  • Manage records of new clients established, investments risk assets and other important data.

Management and Research:

  • Submit weekly progress reports and ensure data is accurate.
  • Forecast sales targets and ensure they are met by the team.
  • Track and record activity on accounts and help to close deals to meet these targets.
  • Work with marketing staff to ensure that prerequisites (like prequalification or getting on a vendor list) are fulfilled within a timely manner.
  • Ensure all team members represent the Bank in the best light.


  • Candidates should possess a Bachelor’s Degree / Master’s Degree with 5 – 8 years work experience.

Application Closing Date
3rd December, 2021.

How to Apply
Interested and qualified candidates should send their Applications to: [email protected] using the Job Title as the subject of the mail.

Bank Teller

Location: Abuja (FCT)
Employment Type: Contract

Job Summary

  • Provide smooth and timely over-the-counter service to customers in accordance with Fedeth’s specified customer service delivery standards.


  • Provision support in expense processing/posting and prepare daily expense monitoring report.
  • Conduct payment of salaries to customers with salary accounts.
  • Accept deposits, provide cash, or checks for withdrawals, and perform routine customer services.
  • Process standing order instructions/transactions.
  • Carryout the reconciliation of prepaid expenses and other sundry accounts daily.
  • Process fund inflows and outflows (SWIFT, inter-branch transfers, VAT payments, etc) according to requirements of set policies and procedures
  • Maintain an accurate record of all activities and transactions.
  • Perform other duties as assigned by Head, Branch Operations.


  • Candidates should possess a Bachelor’s Degree, HND qualification with 1 – 2 years work experience.

Technical Skills:

  • Awareness of trends in cash management practices industry wide
  • Knowledge of the financial services industry
  • Basic knowledge of book-keeping and accounting
  • Proficiency in the use of Microsoft office suite.

Soft Skills:

  • Excellent communication (written and oral), interpersonal and negotiation skills demonstrated in unparalleled customer service delivery
  • Good analytical and problem -solving skills
  • Excellent organisation and management skills.
  • High sense of responsibility, accountability, and dependability.

Application Closing Date
26th November, 2021.

How to Apply
Interested and qualified candidates should send their Applications to: [email protected] using the Job Title as the subject of the mail