Reconciliation and Compliance Officer

Responsibilities:

• Investigate all transactions on the bank’s various accounts.
• Provide periodic feedback to the accounting department on exceptions observed.
• Provide documentation for supporting all financial transactions.
• Prepare monthly bank reconciliation reports regarding on all accounts operated by the bank.
• Assist auditors -internal and external- with the documentation required for the auditors to do their job satisfactorily.
• Perform the reconciliation and verification of accounts regarding bank balances.
• Reconcile and process transactions on all other accounts assigned by management.
• Maintain required files, reports and data.
• Reconcile and rectify all ledger accounts belonging to customers.
• Reconcile accounts that fall into receivable records with the sales invoices. 
• Perform all other related duties as assigned to meet the needs of the organization.
• Reconcile all transactions on all maintained lending platforms to reconcile disbursements and repayments.
• Conduct periodic tests to ensure all systems and digital platforms are operated as planned.
• Develop and implement an effective legal compliance program.
• Create sound internal controls and monitor adherence to them.
• Draft and revise company policies.
• Proactively audit processes, practices and documents to identify weaknesses.
• Evaluate business activities to assess compliance risk.
• Collaborate with external auditors and HR when needed.
• Set plans to manage a crisis or compliance violation.
• Educate and train employees on regulations and industry practices.

Requirements:

• Minimum academic qualification of a First degree/HND in Finance, Business Administration or a related field.
• Relevant Microfinance Bank professional certification (e.g., Certified Compliance & Ethics Professional - CCEP) would be an added advantage.
• 2 - 5 years of proven experience as a Reconciliation/Compliance Officer.
• Good knowledge of double entry, Excel, data analysis and accounting, and risk management.
• Knowledge of legal requirements and controls (e.g., Anti-Money Laundering, or AML).
• Familiarity with industry practice and professional standards.
• Excellent communication skills.
• Excellent IT skills and knowledge of banking software operation/usage.
• Integrity and professional ethics.
• Ability to work with a team.
• Attention to detail.

Remuneration: NGN 150,000 –  250,000 gross monthly