Risk & Control Officer at MKOBO Microfinance Bank

MKOBO Microfinance Bank is a fully licenced Microfinance bank in Lagos, Nigeria, by the Central Bank of Nigeria (CBN). MKOBO was created to assist consumers in meeting their demand for short-term emergency finance. Our purpose is to make short-term unsecured loans available to the public. In order to help expand financial inclusion of the Nigerian populace, we cater to a demographic that is currently underserved by commercial institutions.

Title: Risk & Control Officer

Location: Lagos

Employment Type: Full time

Job Function: Risk & Control

Job Role

• The primary purpose of this role is to provide operational support for the Lifeline Asset Finance (LAF) activities of the Bank.
• The LAF Operations Associate ensures that all operational activities for LAF partners and riders are carried out efficiently with a high level of professionalism and superior customer service.
• Engaging LAF Partner representatives and officers on LAF related matters
• Conduct riders pre-screening and on-boarding exercises
• Liaise with internal stakeholders on all matters involving LAF riders and ensure speedy resolution to service issues.
• Conducts daily monitoring and tracking of the motorcycles assigned to LAF Partners/Riders
• Oversee daily operational activities of the riders and partner related matters
• Responsible for Bike recovery in the event of payment default by riders.
• Follow up with service centres for quick repairs and servicing of bikes
• Engage all third-party service providers for Asset insurance, tracking and  registration processing.
• Act as the first point of call in providing operational support for the LAF riders
• Escalate to the COO all issues which requires management decision and Authorization
• Monitor and assess operational risk exposures, events, business and IT incidents to ensure such cases are appropriately escalated.
• Support the business in development and implementation of appropriate risk controls to mitigate such incidents.
• Embedding an appropriate risk culture.
• Internal controls function to minimize risks and protect assets, ensure accuracy of records, promote operational efficiency, and encourage adherence to policies, rules, regulations, and laws.
• Identify the risks that a business faces and develop preventive strategies.
• Reviewing of SOP from time to time.
• Provide training on policy and controls.
• Review Vendor creation, Customer Creation (Agreements), and Credit setting for customers.
• Review Capex project briefs and compliance with procedures.

Qualifications

• Bachelor’s Degree in Accounting, Economics, Statistics, or any related field.
• 2-3 years experience in risk and internal control.
• Certification in MCIB is a plus.

Deadline: Not Specified.

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