Job Vacancies at Personal Trust Microfinance Bank

Personal Trust is a Microfinance Bank in Lagos and a subsidiary of First Ally Capital Limited (FACL). Formerly known as Personal Trust Savings and Loans, the Bank was registered in 1993 and operated as a Mortgage Bank until its conversion to a Microfinance Bank in 2014. Personal Trust has a branch network at strategic locations in Lagos State and provides banking services to individuals, micro, Small and medium enterprises (MSME).

We are recruiting to fill the following positions below:

1.) Legal Officer

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

Summary

• The Legal Officer provides daily support to the Corporate Services Department and will carry out legal advisory duties.
• The Legal Officer is responsible for the preparation and review of all legal agreements in line with regulatory obligations, guaranteeing the Bank’s adherence to regulatory obligations, and providing legal advice to the Bank’s management about all relevant issues.

Duties and Responsibilities

• Ensure compliance with Regulatory agencies such as CBN, NDIC, CAC, etc.
• Review of all agreements with institutional service providers and their complete implementation
• Processing of prompt execution, and sealing of agreements and documents.
• Attendance in court as the representative of the bank, liaising with the relevant Court Officials and external solicitors thereof on a case-by-case basis
• Provide support to the Company Secretary & Head, Legal in the preparation of materials for Statutory Meetings of the Company, including Board Meetings and Annual General Meetings.
• Guide and ensure compliance with all local and laws of Federal legislation
• Provides legal support to the HR, Credit, Recovery, Compliance and Operations departments
• Negotiation, drafting, reviewing and finalizing all legal agreements, contracts and other legal documents to safeguard the Bank’s legal position
• Prepare all litigation cases together with other members of the Legal Unit and external solicitors, ensure proper follow-up and report on the status of new and outstanding cases with proper escalation to Management
• Perform any other duties as may be assigned by Head of the Department on Legal issues.

Qualifications

• Minimum of BL, LLB Law
• Minimum of 3 years of post-call
• Evidence of completion or exemption from NYSC

Experience:

• Previous experience as a legal practitioner in a microfinance bank or the financial sector
• Comprehensive understanding of mortgage transactions
• Demonstrated knowledge of the Nigerian legal system.

Skills:

• Excellent time management skills
• Ability to multi-task and prioritize work
• Strong negotiating and persuasive skills
• Excellent verbal and written communication
• Proficient in MS Office
• Attention to detail and problem-solving skills
• Strong organizational and planning skills
• Proficiency in MS Office
• Outstanding organizational and time-management abilities
• Excellent communication and interpersonal skills
• Professional and ethical behavior.

Application Closing Date: 1st February, 2024.

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

2.) Head, Internal Audit and Compliance

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

Job Summary

• The Head of Internal Audit & Compliance is responsible for the development, management and evaluation of internal control systems in the Bank.
• The Internal auditor develops and implements the annual internal audit program and ensures that the audit objectives are met. The job holder provides reasonable assurance on the effectiveness and strength of internal controls.

Duties and Responsibilities

• Develops an annual risk-based internal audit plan and oversees the implementation of the approved plan
• Ensures methodical documentation of work plans, testing results, conclusions, and recommendations, and ensures follow-up on findings and corrective actions.
• Provide technical assistance with investigations and special audits, and provide subject-matter expertise as needed.
• Directs the work of external auditors to ensure the audit work remains within the prescribed guidelines.
• Coordinates and assists with the preparation of Audit Committee materials and participates in audit committee meetings
• Investigates and reports to the Audit Committee on activities reported through the Hotline/Whistleblower processes and assists in investigations.
• Initiates policy and process reviews, including ensuring they are up-to-date with all legislations and best practices
• Remains current on audit regulatory oversight trends and develops a risk-based approach incorporated into the annual audit plan.
• Performs regular bank-wide risk assessment to identify significant risks or exposure related to internal controls or compliance with regulatory requirements, efficiency of operations, and accuracy of financial reporting.
• Provides feedback and recommendations on business risks and improves operational efficiencies and processes where appropriate.
• Using problem-solving and critical thinking skills to quickly identify internal control deficiencies, evaluate their risk implications, and draw the appropriate conclusions
• Lead the setup of the enterprise risk assessment for the bank and develop a risk log
• Conduct follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits.
• Implements the anti-fraud campaign and assesses compliance
• Prepares monthly regulatory renditions and returns
• Flexibility to carry out any other task as requested by Management

Qualifications

• HND / B.Sc. in IT, Information Systems, Mathematics, Accounting, Banking and Finance or a related field
• Evidence of completion or exemption from NYSC
• Evidence of ICAN certification is an added advantage
• Evidence of completion of the Microfinance Certification program

Experience:

• A minimum of five (5) years of experience in Internal Audit in a Microfinance Bank, financial institution or audit firm
• Prior managerial experience in a similar role or capacity
• In-depth knowledge of Internal control framework for the Microfinance Industry

Skills:

• Strategy planning and implementation
• Organization and time management abilities
• Leadership, team management and mentoring
• Outstanding communication and people skills
• A logical approach to identifying and evaluating issues and problem-solving
• Meticulous attention to detail and accuracy
• Ability to multi-task and meet tight deadlines
• Extensive knowledge of all regulatory policies and procedures
• Proficient writing and delivery of presentations and documentation
• Risk Management techniques
• Proficient writing and delivery of presentations and documentation
• Ability to interact with senior management and stakeholders, including regulators
• Proficient in the use of MS Office Suite
• Unquestioned personal integrity with strong ethics and values.

Application Closing Date: 25th January, 2024.

Method of Application
Interested and qualified candidates should send their CV to: recruitment@personaltrustmfb.com using "Head, Internal Audit & Compliance" as the subject of the email.

3.) Marketer

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

Job Summary

• A Marketer is responsible for prospecting, marketing, business development and income generation in line with the key performance indicators.
• The Marketer is the interface between the Bank and the customer and nurtures mutually beneficial relationships between both parties.

Duties and Responsibilities

• Achieve growth within the key performance indicators: liability and risk asset generation, account opening, income generation, and e-banking product offerings.
• Evaluate the creditworthiness of customers by processing loan applications and documentation.
• Monitors active loans and enforces collection and recoveries.
• Ensures the achievement of all budget parameters.
• Develop referral networks and cross-sell products and services.
• Ensures a high level of customer satisfaction through excellent customer engagement and service delivery.
• Actively seek out new sales opportunities through cold calling, networking, and referrals.
• Expedites the resolution of complaints to maximize satisfaction and boost the customer service experience.
• Monitors competition by gathering current marketplace information on pricing, products, etc.
• Recommends changes in products, services, and policies by evaluating results and competitive developments.
• Identify potential loan markets and develop preferred networks.
• Achieve a healthy portfolio and deposit mix.
• Executes marketing strategies and develops marketing campaigns.
• Ensures compliance with all internal policies and regulatory guidelines.
• Perform any other duties as may be assigned by Management.

Qualifications

• HND / B.Sc. in Social Science or any other related course
• Evidence of completion or exemption from NYSC.

Experience:

• 3 - 10 years of work experience
• Previous experience in a marketing role at a Microfinance Bank or Financial Organization is an advantage.

Skills:

• Demonstrated ability to communicate, present, and influence credibly and effectively at all societal levels.
• Proven ability to drive the sales process.
• Ability to work in a goal-oriented environment.
• Ability to work in a team
• Strong planning, organizational, and time management abilities
• Strong business sense and industry expertise.
• Basic understanding of sales principles and customer service practices.
• Friendly, helpful, confident, and engaging personality.
• Excellent communication and interpersonal skills.
• Proficient in the use of MS Office suite.

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