Job Vacancies at Bosak Microfinance Bank Limited

Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system. It commenced operations in June 2010 upon obtaining a Unit Microfinance Banking License from the Central Bank of Nigeria. It later obtained a State Microfinance Banking License in 2016. Bosak Microfinance Bank Limited's financial inclusion effort focuses on promoting savings culture, access to credit facilities for income-generation purposes, and reducing vulnerability to risk through microinsurance.

We are recruiting to fill the following positions below:

1.) Human Resource & Legal Officer

Job Location: Ikeja, Lagos
Employment Type: Full-time

Job Description

• Conduct regular audits and reviews to ensure compliance with legal and regulatory requirements.
• Implement and oversee wellness programs to promote employee health and well-being.
• Analyze compensation data and metrics to provide insights and recommendations for continuous improvement.
• Serves as a legal resource to the senior management team on human resource issues and initiatives.
• Ensures all necessary human resource policies, programs, and procedures are developed and implemented in accordance with best human resources practices.
• Establishes policies and procedures/mechanisms for performance management; provides consultation and support to managers and supervisors with respect to performance management and staff disciplinary decisions.
• Ensures consistent application of all compensation and benefits policies and practices across the agency.
• Manage performance appraisal processes, ensuring they are fair, transparent and contribute to individual and organizational growth.
• Implement feedback mechanisms and coaching programs to enhance employee performance.
• Ensure the welfare of employees are adequately addressed.
• Any other duties as assigned by management.

Requirements

• Bachelor’s Degree, L.L.B. combined with a minimum of three years’ experience of law practice.
• Proven working experience as HR Executive is a must
• Two or more years post call-to-bar experience
• Competency in developing learning framework and PM strategies
• Advanced knowledge of legislation governing human resources and labour relations such as the Employment Standards Act, Labour Relations Act, Pay Equity Act, Human Rights Code.
• Professional Qualifications such as CIPM is mandated
• Demonstrable experience with Human Resources metrics
• Knowledge of HR systems and databases.

Why Work With Us

• If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you.
• We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential.
• Our remuneration and employee welfare packages are among the best in the industry.

We offer the following Benefits:

• HMO
• Constant Training and Development
• Leave & Passage Allowance
• Performance Induced Pay
• 13th Month

Application Closing Date: 27th November, 2024.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@bosakmfb.com using the Job Position as subject of the mail.

2.) Human Capital Officer

Job Location: Ikeja, Lagos
Employment Type: Full-time

Key Responsibilities
Strategic HR Management:

• Develop and implement HR strategies and initiatives aligned with the overall business strategy.
• Collaborate with the Head HR to identify, design, and implement HR interventions that support organizational objectives.
• Drive organizational change initiatives in response to market trends and business needs.

Payroll Management:

• Ensure accuracy of salary payment, deductions, allowances, bonuses and other entitlement.
• Ensure payroll processes comply with local laws, pension schemes and other statutory requirements (e.g., PAYE, NSITF, and Pension).
• Prepare and deliver payroll- related reports, including salary summaries, tax reports and compliance metrics.

Talent Management and Succession Planning:

• Oversee talent acquisition, retention, and development to ensure the organization attracts and retains top talent.
• Design and implement succession planning and career development programs for high-potential employees.
• Lead performance management and employee engagement initiatives to foster a positive work culture.

Employee Relations and Engagement:

• Serve as a trusted advisor on HR issues, handling employee relations matters professionally and promptly.
• Enhance employee engagement and morale through effective communication and recognition programs.
• Ensure compliance with labor laws and corporate policies.

HR Operations and Compliance:

• Manage HR operations for efficiency and compliance with regulatory requirements.
• Implement and monitor HR metrics to assess HR effectiveness and inform decisions.
• Ensure compliance with relevant labor laws, policies, and safety regulations.

Learning and Development:

• Identify training needs and oversee the design and delivery of relevant training programs to upskill employees.
• Work with departments to establish effective development programs that foster skill-building and career progression.

Requirements

• Education: Bachelor’s degree in Human Resources, Business Administration, or a related field.
• Experience: Minimum of 5 years in progressive HR roles, with a strong background in talent management, strategic HR, and HR operations in Financial Institution settings.
• Professional certification in HR (e.g. CIPM, SHRM, and CIPD) is Compulsory.

Skills and Abilities:

• Talent Management: Proven experience in talent acquisition, retention, and succession planning.
• Leadership Skills: Ability to inspire and lead HR teams with clear vision and direction.
• Analytical and Problem-Solving Skills: Strong analytical skills with the ability to solve complex HR issues.

Why Work With Us

• If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you.
• We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential.
• Our remuneration and employee welfare packages are among the best in the industry.

We offer the following Benefits:

• HMO
• Constant Training and Development
• Leave & Passage Allowance
• Performance Induced Pay
• 13th Month

Application Closing Date: 29th November, 2024.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@bosakmfb.com using the Job Position as subject of the mail.

3.) Senior Deposit Mobilization & Product Marketing Officer

Job Location: Ikeja, Lagos
Employment Type: Full-time

Job Summary

• The Senior deposit (Fund) Mobilization & Product Marketing Officer would be responsible for driving deposit mobilization, account opening, and retention.
• The ideal candidate will meet monthly sales targets, introduce the bank’s products, develop and manage High Net-worth Individuals and corporates.

Responsibilities

• Mobilize funds from private sector entities, individuals, and corporate agencies.
• Develop and maintain relationships with corporate clients and individual depositors.
• Deposit Mobilization of Monthly N150 - N300milion to offset Target.
• Advise clients on funds status and generate new clientele on an ongoing basis.
• Work with the team to develop and implement a business development plan to improve the deposit mobilization and retention of deposit and manage withdrawal attrition.
• Develop and maintain beneficial relationships with corporate clients and individual depositors and meet sales targets.
• Ensure fixed deposit account opening forms are duly completed and registered and advise clients of deposit status as necessary.
• Develop and execute best-in-class go-to-market strategies and campaigns to support new product launches and drive growth for the business
• Create and manage marketing budgets, plans and strategies.
• Provide leadership in implementing business development plans to improve mobilization and retention of deposits, achieve set targets and manage withdrawal attrition.
• Develop and implement a business plan for identified target markets with the prospect to drive high volumes of new deposits to the bank.
• Build and manage strategic relationships for fixed deposit customers, serving as the single point of contact for new business.
• Follow and analyze market trends to position products.
• Work with various teams (design, content, acquisition, product, sales) to implement strategies across all marketing channels.
• Researching the market to learn the competitive environment.
• Working with the marketing team to create materials that highlight product features and benefits.

Requirements

• Investment, Private, Microfinance & Retail Banking experience.
• 5 - 10 years of relevant work experience in the Microfinance Bank, Finance House, and Investment Banking Industry.
• Proven working experience as a Deposit mobilisation officer in a Microfinance institution is an added advantage.
• Established track record of developing and maintaining Clients on investment deals.
• Proven track record to meet individual and organizational loan production goals while maintaining a large client base.
• Ability to make sound business decisions, and manage a team.

Why Work With Bosak Microfinance Bank Limited?
If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you. We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential. Our remuneration and employee welfare packages are among the best in the industry. We offer the following Benefits:

• HMO
• Constant Training and Development
• Leave & Passage Allowance
• Performance Induced Pay
• 13th Month.

Application Closing Date: 7th December, 2024.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@bosakmfb.com using the Job Position as the subject of the mail.