Human Resources (HR) Generalist Job 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 micro insurance.

The Bank’s major strategic focus employs the group lending methodology in its operations with a leaning towards women. It believes in the commitment of women folk to work hard and help their families conquer poverty. As such, more than 95% of the Bank’s lending activities focuses on women. The success of the bank’s group lending activities largely depends on group solidarity and cohesion. The success recorded by the bank in its lending program has earned it strategic partnership with the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) among others. The combination of cutting-edge technology, a strong and committed Board of Directors and motivated employees has helped the Bank to create a brand widely accepted by its teeming clients in Lagos. It is now expanding its frontiers in a scaling program aimed at delivering improved value to its stakeholders.

We are recruiting to fill the position below:

Job Position: Human Resources (HR) Generalist

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 4 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 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:

• Salary: N150,000 - N200,000 Monthly.
• HMO
• Constant Training and Development
• Leave & Passage Allowance
• Performance Induced Pay
• 13th Month.

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.