La Fayette Microfinance Bank recently received the Approval-in-Principle from the Central Bank of Nigeria to carry out microfinance services in Oyo State. La Fayette MFB will be headquartered in Ibadan, the
State’s capital. The Company will be incorporated in June 2012 and is expected to start operations in December 2012. La Fayette’s lead shareholder will be Advans S.A. with an equity investment of $3.1 million (501.0 million naira). IFC and KfW are each investing $1.1 million (174.5 million naira), while FMO is investing $940,000 (150.0 million naira).
Within 5 years, La Fayette Microfinance Bank will reach 19,900 active loans in year 5, for a EUR 17.6 million gross loan portfolio, and slightly less than 40,000 voluntary deposits, representing a total of EUR 5.3 million. There will be a total of 400 staff at the end of year 5; 349 in the branch network, and 51 at head-office. Loan officers will account for 43% of total staff.
If you are interested in joining us, we invite you
Back Office Assistant - Job Description
Job Description:
To provide Orbit technical support to Branches of La Fayette MFB
To provide support in writing and updating operational procedures.
Together with team members; to be in charge of the management and the respect of operational procedures of Advans La Fayette.
To support in supervising the management of errors and corrections in the databases.
To be an active member the Head Office Operations Department.
Essential Requirements
Degree, Higher National Diploma (preferably in Sciences, Engineering)
Good relationship and communication skills, strong team spirit
Practical knowledge of operations in a banking sector
Very good Excel Skills
Real motivation to work and grow in a challenging environment
ADDITIONAL KNOWLEDGE / SKILLS REQUIRED
Knowledge of microfinance bank sector
Writing skills
Knowledge of local languages especially Yoruba
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