Internal Control Officer at Bosak Microfinance Bank

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.

• Quarterly report of activities to the Board of Directors
• Quarterly report of Enterprise Risk Management of the Bank to the BOD
• Review & Manage the day-to-day attendance register and operational issues
• Monitors organization wide compliance with laid down policies, processes and procedure to ensure adherence
• Ensure adequate care and maintenance of bank’s properties
• Report internal control deficiencies identified on the field work with marketers and Loan Officers.
• Conduct confidential investigations on control breaches
• Rendition of relevant returns to Regulatory authorities
• Develops reviews and updates operational risk- mitigation and fraud prevention strategies
• Budget implementation
• Cost control.

Interested and qualified candidates should send their CV to: recruitment@bosakmfb.com using “Internel Control Officer” as the subject of the email.