Here is a fresh job opportunity at BRAC Ghana Savings and Loans Ltd. The BRAC International Holdings BV for-profit organization is seeking monitoring officers.
Company Profile
BRAC Ghana Savings and Loans Ltd (BGSL), is a socially responsible for-profit organization, engaging people, especially women in sustainable economic and income generating activities Ghana. Our mission is to provide a range of financial services responsibly to people at the bottom of the pyramid. BGSL is part of BRAC International Holdings B.V (BIHBV) which operates in seven countries across Africa and Asia.
Job Description
- Duty Station : Accra & Mankessim
PURPOSE
To ensure the quality MF operations
OTHER RECENT JOB VACANCIES:
- New Job Opening at Vision Action
- New Job Offer at Little Haven Day Care & Pre-School
- Fresh Job Opening at Successors World Limited
- Fresh Exciting Job Offer at CETECH Ghana
- Call for Job Applications at Bon Agro Company Limited
- Latest Job Vacancy at Total Family Health Organisation (TFHO)
- New Job Opening at Hollard Insurance Ghana
- Fresh Job Opening at Plantations Socfinaf Ghana (PSG) Limited
- New Career Opportunity at Atlantic Lifesciences Limited
- Sightsavers Careers: Project Assistant – Economic Empowerment Project
- Storekeeper Needed at Accra Marriott Hotel
- Fresh Job Opening at Carl Poly Products Limited
- New Employment Opportunity at Tetra Tech
- New Job Opening at Vision Action
- New Job Opening at Melcom
- Volunteer Opportunities in the UK with Tier 5 Charity Visa Sponsorship
MAJOR RESPONSIBILITIES
Operations responsibilities:
- Examine overdue and trend reports
- Review financial reports and provide the CEO with relevant and accurate reports as required at board meetings
- Conducts group meeting visits, passbook reconciliations, and physical verification of clients.
Monitoring responsibilities:
- False loan/loan disbursed without the knowledge of the borrower.
- Loan operated by staff – partly/fully.
- Instalments realized without entry in the passbook and not deposited in office.
- Loan disbursed without approval.
- Loans disbursed to the same member from different projects/branch.
- Previous Loan outstanding realized by disbursing another loan.
- Client existence could not be traced.
- Multiple loans operated by one member.
- Loan disbursed by receiving overdue/advance realization.
- Verify if a client has run away.
- Loan Realized by another member instalment.
Loan papers monitoring:
- Monitor randomly checks all loan related documents from the last visit to present visit. They also check the passbook and the client physically.
Members Passbook reconciliation:
- The Passbook is the only document of the clients. Monitor reconciles this passbook with system generated collection data and finds out if there is any discrepancy.
- Savings Refund inspection points:
- False withdrawals.
- Member attendance in group meeting in which savings were requested to be withdrawn.
- Whether other members savings were used for another member loan realization.
- How much savings withdrawn and how much was adjusted.
Other check points:
- Monitor checks out cash in hand position according to cash book and computer ledger print;
- Verifies client’s guarantor.
- Verifies BAO’s check list of loan disbursement whether the BAO is checking loan documents as per her responsibilities.
- Give a follow up on commitment of previous monitoring findings
Safeguarding responsibilities:
- Establish a safeguarding culture across all levels of the programme by implementing the safeguarding policy. Act as a key source of support, guidance and expertise on safeguarding for establishing a safe working environment.
- Responsible to ensure team members are appropriately trained, supported and have access to resources regarding issues that are identified and actioned in accordance with the safeguarding policy and procedure.
- Follow the safeguarding reporting procedure in case any reportable incident takes place, encourage others to do so.
Required Skills or Experience
EXPERIENCE (Including sector/industry)
- At least 3 years of relevant work experience in a similar role
- 2 years’ experience in financial services sector is preferred
KNOWLEDGE, SKILLS & COMPETENCIES
- Knowledge and competency in related principles.
- Proficiency in management systems.
- Outstanding communication (written and verbal) and interpersonal abilities.
- Good team player with considerable leadership traits.
- Proficiency in MS Excel and other related software.
- Planning and organization skills.
- High degree of professionalism, maturity and confidentiality.
- Strong presentation skills.
- Strong analytical and problem-solving skills.
- Well organized and ability to act in a professional and ethical manner;
- Capability and willingness to take responsibility
- Highly developed sense of integrity, reliability and accuracy
- Willingness to work under pressure.
SPECIFIC EDUCATIONAL/PROFESSIONAL QUALIFICATION
- Degree in Related Disciplines: Concentration / Major
- Professional Certificate/Postgraduate Degree in Accounting/Finance will be an added advantage. Related Discipline
How To Apply: Fresh Job Opportunity at BRAC Ghana Savings and Loans Ltd
All qualified and interested persons should send their cover letters and CVs along with photocopies of educational certificates to career.bgsl@brac.net by 23rd August 2024
- Please state the name of the position on the cover letter.
- FEMALES ARE ENCOURAGED TO APPLY.
