Spectrum Microfinance Bank Jobs Recruitment [4 new]

View Latest jobs, careers and vacancies at Spectrum Microfinance Bank this October, 2021 for:

  • Internal Audit Officer
  • Internal Control Officer
  • HR / Legal Officer
  • Loan Officer

Spectrum Microfinance Bank is a customer centric retail financial institution driven by technology; licensed by the Central Bank of Nigeria (CBN) to support economic growth and development through microfinancing. Spectrum Microfinance Bank offers savings, loan and investment opportunities to a wide range of customers with the aim of creating self-sufficient individuals and sustainable businesses. Our satisfaction is derived in the transformation of every community we represent.

Spectrum Microfinance Bank JObs

Job Title: Internal Audit Officer | Location: Ogba, Lagos | Employment Type: Full-time | Spectrum Microfinance Bank


  • Conduct regular internal audit of the bank, assist in reconciliation and the analysis of transactions.
  • Conduct investigations on alleged irregularities/fraud.
  • Assist in monitoring the business function of the branches and reporting all material findings and preparing appropriate recommendations for corrective actions.
  • Ensure proper safeguarding of the Bank’s assets and its effective utilization.
  • Ensure that financial transactions are properly recorded, summarized and reported accordingly whilst protecting theconfidentiality of records and information gained as part of exercising professional duties and use discretions in sharing such information within legal confines.
  • Lead and coordinate internal audit missions and Prepare report of audit missions
  • Ensure timely regulatory reporting and any other responsibilities as may be assigned by the Head of Internal Audit.
  • Any other job as assigned by the Audit manager.


  • Bachelor’s Degree with 1 – 5 years relevant work experience.

N100,000 – N110,000 Monthly.

Application Closing Date
19th October, 2021.

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

Note: Candidates with no previous MFB Audit experience need not apply.

Job Title: Internal Control Officer | Spectrum Microfinance Bank | Location: Ikotun, Lagos | Employment Type: Full-time


  • Daily call over
  • Carry out strategic and impromptu checks on customers to verify documented information reported by loan/ deposit mobilization officers.
  • Carry out detailed investigations when discrepancy, cash suppression or fraud is noticed.
  • Internal control checks and records to safeguard the Bank’assets.
  • Make recommendations regarding personnel, procedures and systems to improve operational efficiency.
  • Ensure compliance with the bank’s policies, procedure and regulations
  • Develop and implement appropriate operating procedures to ensure compliance with the Bank’s policies
  • Monitor and provide advice to management to minimize risk resulting from poor controls.
  • Daily, weekly and monthly report.


  • HND / Bachelor’s Degree with 3 – 5 years relevant work experience.

N100,000 Monthly.

Application Closing Date
8th October, 2021.

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


  • ONLY qualified candidates will be contacted.
  • Candidates with no previous internal control experience in MFBs need not apply.

Job Title: HR / Legal Officer | Spectrum Microfinance Bank | Location: Lagos | Employment Type: Full-time


  • Provide support to the Head Human Resources in the various human resource functions, which includes recruitment, learning and development, performance management/monitoring and employee relations.
  • Maintaining, keeping and updating staff records
  • Managing the mobile network (CUG) services of the Bank.
  • Ensuring that approved policies and procedures are adhered to
  • Assisting in managing various HR activities in line with HR objectives.
  • Supporting the development and implementation of HR initiatives and systems.
  • Draft a wide variety of legal agreements.
  • Provide internal advisory services to the departments within the Bank
  • Provide commercial legal support to all departmental projects and job functions.
  • Ensure the development of service level agreements for service support and delivery.
  • Provide all such other administrative and other secretarial duties as directed by the Managing Director and the Head,Risk Control and Compliance.
  • Analyse and review legal agreements
  • Review and advice management on legal implications of internal policies and procedures.
  • Review and draft contracts, agreements and internal policies and ensure that they are in compliance with all statutory or legal requirements.
  • Any other duties as may be assigned.


  • Candidates should possess a Bachelor’s Degree with 2 – 4 years work experience.

N120,000 – N150,000 monthly.

Application Closing Date
15th October, 2021.

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

Job Title: Loan Officer | Location: Sagamu – Ogun / Trade Fair – Lagos | Employment Type: Full-time | Spectrum Microfinance Bank

Job Description

  • Acquire & engage Customers: acquire the agreed number of potential customer, identify and align their needs to a product/service and get deals signed off from the acquired customers.
  • Market intelligence – develop market intelligence, detailed research, competition analysis and database with the view to capture the assigned market space.
  • Brand equity – increase the bank’s brand presence in the market space assigned and ensure full coverage of the market for effective brand recognition and awareness of all services.
  • Develop sales initiative/Conduct Product Campaign – acquire an impeccable knowledge of all product/services, develop strategy in communicating product essentials to get buy in through all available platforms (one-on –one, social media, target group engagement and other sales channels)
  • Develop new markets – develop new wider and deeper markets by reaching the unbanked people, associations and communities with customized banking services offering the unique selling proposition of the bank.
  • Record keeping & evaluation – keep updated record of all customers’ details, activities, payment plan, products purchased, stating progress, action points, feedback and recommendations with a plan to cross-sell and up sell other bank services.
  • Write Report – write a comprehensive sales report detailing progress, achievement, challenges and recommendations to be submitted to your reporting line within specified timeline.
  • Manage correspondence –  maintain swift correspondence with inter/intra dependent roles, customers, reporting line and every stakeholder in the sale – Schedule necessary meetings (aimed at meeting sales target) with potential customers, team members, superiors and interdependent teams.
  • Manage engagement & retainership – develop schemes and techniques to ensure all acquired customers are engaged and potential buyers of other existing services/products or new ones.
  • Get referral via follow up – Develop a functional follow up scheme that produces extra value to existing customers and lead to getting potential referral.
  • Growth and development – study market/industry trends/initiatives per time to boost personal and target delivery per timeline.
  • Execute all other jobs as assigned by your team lead and management.


  • Candidates should possess a Bachelor’s Degree or HND qualification with 0-2 years work experience.

N50,000 – N60,000 / Month.

Application Closing Date
30th September, 2021.

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