Latest Vacancies at Rosabon Financial Services

Job Title: Head, Credit Risk Management

Location: Lagos
Employment Type: Full-time

Job Details

• The Head, credit and Risk management develops and implements policies and procedures that reduce credit risk in the organization.
• He/she manages the building of financial models that predict credit risk exposure to the organization, leads/manage initiatives and the development of strategies, methodologies and associated models/processes for measurement of Credit Portfolio Management and periodically preparing and presenting performance reports to the management/board members and all other necessary stakeholders.

The Head, credit and Risk Management will:

• Plan, design and implement an overall risk management process for the organization.
• Ensure that sound credit risk measurement and monitoring frameworks are developed and implemented throughout the group in a standardized manner.
• Manage the Company’s Enterprise Risk Management Framework as well as Credit Policy Guidelines
• Conduct audits of policy and compliance to standards, including liaison with internal and external auditors.
• Oversee the credit review process for customer credit risk evaluation and credit underwriting/ recommendation.
• Strategize, build and maintain process improvement across all roles in the Credit department
• Improve and optimized credit approval, recovery and collection processes as well as operational efficiencies.
• Enhance and review the company’s Credit Policies and Standards to reflect the best practice and regulate the risk assets of the group as directed by the Board
• Spearhead the development, improvement and refinement of credit policies, procedures and strategies to enhance the company’s risk management platform
• Monitor all necessary operations, policies and procedures that will help the company meet its risk Management goals whilst managing and quantifying the organization’s risk appetite’.
• Manage the subordinate staff of the department in the day to day performances of their jobs, while ensuring that departmental projects and activity milestones/goals are met and that all operations adhere to approved policies, budgets and regulations.
• Coach, supervise and mentor analysts, collections, recovery and underwriting officers for effective, efficient and optimal performances.
• Develop, manage and optimize the Credit Reporting and Monitoring framework that meets all necessary requirements of both external and internal stakeholders and ensure timely and accurate delivery of all reports.
• Review strategic credit positions, Credit Limits, levels of provisions and concentrations ensuring that they are within stipulated limits
• Conduct stress and scenario testing on the Risk Asset portfolio
• Ensure timely and accurate reporting of information from these, interpret all report information and suggest actions for consideration to and by the relevant stakeholders.
• Provide requirements and design inputs, particularly with regard to credit risk recognition, measurement and its reporting as part of the core team for implementation of key credit risk related projects (e.g. Credit Management System, IFRS 9 impairment)
• Manage repayment risk and controlled payment delinquency significantly reducing it
• Assist in preparation and presentation of the information pack for Board Risk Committee
• Contribute to system implementation projects in the credit risk space by providing requirements and design inputs, particularly with regard to credit risk recognition and measurement.

Required Qualification

• Candidates should possess BA / BSc / HND, MBA / MSc / MA or PHD
• Experience: 10-15 Years

Job Title: Head, Deposit / Liability Mobilization

Location: Lagos
Employment Type: Full-time

Summary of Job Description

• Source appropriately priced and structured deposit liabilities for the company from retail and institutional sources.
• Cultivate new clientele on a regular basis.
• Cultivate and maintain a courteous and efficient relationship with clients.
• Timely response to feedback and other customer-related issues or requests.
• Participate in creating new and better marketing based on field experience.

Job Requirements

• Bachelor’s Degree in Accounting, Business Management, Finance or any related field
• MBA or professional certification in business, management, or finance would be an added advantage
• Knowledge of capital markets, sales, marketing and finance
• Knowledge of MS Office suite, especially Excel
• 7-10 years of experience in a bank or a financial sector as a deposit mobilization lead.
• Leadership, managerial and Supervisory skills
• Presentation and Negotiation skills
• Strategic planning and Analytical skills
• Verbal and written communication skills.

Job Title: Senior Financial / Management Accountant (Deputy HOD)

Location: Lagos
Employment Type: Full-time

Job Summary

• Maintaining accurate books, records and schedules of all accounts.
• Ensures timely preparation of periodic financials reports
• Prepare for and review annual audit work papers and ensure adjustments journals are passed to agree company’s books and records with the audited financial statements;
• Work with internal and external auditors during field work exercise and in the preparation of annual audited financial statements.
• Monthly review of bank reconciliations, loan schedules, etc.
• Manage all intercompany transactions and ensure reconciliation
• Develop and monitor all financial systems with a view to improve and streamline procedures.
• Ensure that policies and procedures set by Group are implemented and internal controls are operating effectively.
• Responsible for ensuring the timely and accurate completion of all weekly, monthly, quarterly and annual reports.
• Ensure that all accounting systems, procedures are in line with the International Accounting Standards and International Financial Reporting Standard
• Maintain quality control over financial transactions and financial reporting;
• Develop and document business processes and accounting policies to maintain and strengthen internal controls;
• Continuously update, review and document the Company’s financial policies and procedures
• Lead staff development and succession planning for financial Control team members
• Actively recruit, mentor and develop team members’ capability and future leadership potential
• Ensures statutory and internal reporting are in accordance with all applicable laws and regulations, and are fully compliant with company’s policies and procedures
• Implements effective accounting procedures and internal controls which conform to corporate standards and best practices.
• Establish a high level of credibility and manage strong working relationships with external parties including customers, vendors, advisors and external auditors
• Maintain efficient and effective fixed assets system covering the day-to-day recording and control over the company’s fixed assets.
• Scrutinize payment vouchers before payment is effected with a view to controlling expenses.
• Attend to internal and external Audit request/enquiries and ensure Audit report recommendations are followed up and implemented according to company’s procedures.
• Ensuring timely rendition of statutory returns to government agencies
• Ensure and supervises the documentation of Asset & Liabilities Committee Meeting ( ALCO)
• Other functions that may be required by Management

Tax- Functions:

• Minimizes legally required taxes by studying regulations, presenting strategies to the management
• Responsible tolegally minimizes tax liabilities through informed application of tax laws and regulations
• Manage tax compliance, reporting, and filing for the Group
• Oversee tax audit exercises and follow up with the relevant government agencies
• Work closely with the company’s tax consultants on tax related matters
• Ensure timely and accurate filing of all tax returns
• Establish appropriate system or processes for tax risk management for the Group
• Recommends tax strategies by researching federal, state, and local taxation issues
• Provide internal tax advisory services and support on business operation matters to the Group
• Accomplishes accounting and organization mission by completing related results as needed

Qualifications And Requirements

• Bachelor’s degree in accounting, finance, business, economics or related fields.
• 5 years’ experience in the field at minimum, preferably in the Financial Services industry
• Internationally recognized accounting professional qualifications (ACA CPA, ACCA, CMA,)
• Strong Analytical and problem-solving skills and meticulous
• Excellent communication and interpersonal skills
• Well –developed accounting skill and IFRS Knowledge
• High level of integrity and ethical behaviour – sets a good example
• Proven record of leading and developing subordinates
• Strong ability to prioritize, multi-task and delegate
• Solid team player with high energy and go get attitude to deliver results
• High degree of resilience, self-initiative with a positive attitude
• Mature, proactive, resourceful and hands-on with good initiative