Lesotho Post Bank, a financial services provider of choice in Lesotho is looking for highly competent candidates to fill the following vacant positions.
HEAD OF INTERNAL AUDIT
JOB PURPOSE:
To provide assurance to the Board of the adequacy and effectiveness of the Bank’s System of Internal Controls, Governance and Risk Management Processes.
REPORTING:
The incumbent will report administratively to the Managing Director (MD) and functionally to the Audit Committee of the Board.
DUTIES AND RESPONSIBILITIES
• Provide inputs for the development and review of the Audit and Risk management Committee Charter and the
Internal Audit Charter
• Develop periodic risk-based audit plans that cover the control environment of the Bank and ensure that audit assignments are carried out in accordance and the quality standards of the professional practice of internal auditing.
• Ensure reliability Guide, review and approve the work carried out on audit assignments and provide reports to Executive Management and the Audit Committee of the Board.
• Evaluate the systems for compliance with policies, plans, procedures, laws and regulations and establish compliance with these systems.
• Provide assurance on the economy and efficiency within which the resources are employed.
• Monitor and evaluate effectiveness of the Bank’s risk management processes
• Facilitates and coordinates the work of external auditors in liason with Executive management and ensure the recommendations of external auditors are implemented timeously.
• Partner with Management of the Bank to ensure that the overall objectives of the Bank are met.
• Oversee effective use of the department’s resources and budgets
In order to perform this job successfully, the incumbent must possess the following;
QUALIFICATIONS AND EXPERIENCE
• Relevant business degree with a post graduate qualification or professional qualifications such as CIA, CA, CIS, ACCA etc and affiliation with the internal audit professional body.
• Five (5) years managerial experience in an internal audit OR Risk environment;
• Banking and Financial Sector experience will be an added advantage.
KNOWLEDGE AND SKILLS
• Knowledge of international standards for the professional practice of Internal Auditing
• Proven appreciation and application of Control, Regulatory and Risk Management Issues
• Financial Services Industry knowledge including that of new and emerging products and services
• Sound knowledge of Computer Assisted Audit Techniques is an added advantage.
• Proficiency in MS Office applications
• Ability to report and provide advice to the Senior Management
ATTRIBUTES
• Strict professional ethics and integrity; Leadership skills; Adhering to Principles and Values; Relating & Networking, Presentation & Communication skills; Report Writing; Problem Solving & Analysis, Team Player, Results Oriented, Planning & Organization, monitoring & evaluation, persuasion skills.
PROCUREMENT OFFICER
JOB PURPOSE:
To procure materials / services, to ensure required supply needs are satisfied at lowest total cost to Lesotho Post Bank.
Appropriately and accurately perform and leverage market analysis to support commodity procurement decisions.
Perform strategic sourcing activities in line with procurement and implementation plans/ policies and execute transactional order processing.
REPORTING LINE: Operations Support Manager
KEY DUTIES AND RESPONSIBILITIES:
• Proactive expediting to ensure on time and in-full deliveries.
• Effectively attend to requisitions from Business Units.
• Reduce number of unresolved payment queries.
• Timely processing of invoices.
• Secure competitive bids for one-time goods and services.
• Contribute to the attainment of TCO (Total cost of Ownership) reduction targets.
• Manage supplier relations and reduce supplier database on system.
• Communicate Policies and Procedures to business partners and suppliers to ensure that they are not violated.
• Record and maintain documentation for discounts and claims.
• Customer evaluation (Customer Evaluation of Bank Satisfaction) rating.
• Effectively lead and direct Procurement team to attain business objectives.
• Demonstrate commitment to customer service, working as part of the team to ensure the right suppliers are delivered at the right time and at the right price.
• Through internal and external periodic feedback procures, measure effectiveness of operations, including customer satisfaction (internal clients and suppliers) and propose methods for continuous improvement
• Prepares the fixed Assets addition form with information of acquired fixed assets, such as: GRN, invoices, and LPB code, weekly and forward to Accounts.
• Supports Head office and branches by purchasing required facilities and rentals. Issues such facilities like, electricity, telephone requirements, airtime, fuel, catering needs and others.
• Performs other duties assigned by the supervisor.
QUALIFICATIONS AND EXPERIENCE
• A degree in Business Management, Accounting, Economics or related field plus a Certificate in Purchasing and Supply Management or related field and 3-5 years related work experience.
• An advanced Diploma in Purchasing Management and 5 years in a Procurement and Supply Chain Management environment.
• Experience on Microsoft Excel spreadsheet is mandatory.
• Understanding of Supply Chain Management operational concepts surrounding purchasing, logistics, incoming supply inspection and inventory control.
• Valid driver’s license
COMPETENCIES AND SKILLS
• Strong numerical, analytical, communication, negotiation, business acumen and leadership skills.
• Ability to produce quality reports for management and executive.
• Knowledge of procurement procedures.
• Ability to work under pressure and ability to plan and execute plans.
• Understands and is committed to LPB vision, mission and core values.
CREDIT COLLECTION AND REHABILITATION OFFICER
JOB PURPOSE:
To collect overdue debts and liase with external debt collectors to ensure effective recovery of debts.
REPORTING LINE: Manager: Debts and Recoveries
MAIN DUTIES:
• Review and re-appraise the security held on new non-performing accounts.
• Contact and negotiate with non-performing debtors by mail, telephonically or in person to establish repayment arrangements,
• Liaise and co-opt the assistance of all Business Units as may be necessary to arrange recovery of the nonperforming debts,
• Draft Acknowledgements of Debt and obtain signature thereto by debtors once arrangements to repay are concluded,
• Obtain fresh balance sheet, income/employment details, contact numbers/addresses from non performing debtors,
• Ensure assets over which the bank has a lien is taken into custody expeditiously,
• Write Call Reports once contact has been established with either the debtor, attorneys or other interested party,
• Ensure that repayment arrangements are actively monitored and that default is taken up expeditiously with the debtors.
• Arrange in collaboration with the client and Credit administration manager the rescheduling approach trying to ease the means of repayments.
• Ensure that the legal process to recover debt is initiated when the client has proven unwilling to negotiate repayment,
• Forward Letters of Demand to non-performing debtors as may be required,
• Drive recovery process through pro-active contact with attorneys and other interested parties by way of diary notes etc,
• Action inward communications from attorneys, clients and other interested parties,
• Ensure that security held by the Bank is reappraised or re-valued once the account is placed to lock-up/collection,
• Scrutinise Debts Written Off Register to ensure that recoveries are still being pursued pro-actively on debts where recovery is still considered possible.
• Scrutinise and ensure that the following returns submitted to Compliance:
• NPL returns
• List of Top 20 debtors and detailed reports on the problematic individual names.
• Recoveries on account of non-performing loans.
• Ensure the proper fi ling of the NPL fi les in fi re proof cabinet.
• Take responsibility for own personal development in line with agreed annual performance objectives.
• Perform any other duties from time to time as management may reasonably require.
In order to perform this job successfully, the incumbent must possess the following;
HEAD OF INTERNAL AUDIT
JOB PURPOSE:
To provide assurance to the Board of the adequacy and effectiveness of the Bank’s System of Internal Controls, Governance and Risk Management Processes.
REPORTING:
The incumbent will report administratively to the Managing Director (MD) and functionally to the Audit Committee of the Board.
DUTIES AND RESPONSIBILITIES
• Provide inputs for the development and review of the Audit and Risk management Committee Charter and the
Internal Audit Charter
• Develop periodic risk-based audit plans that cover the control environment of the Bank and ensure that audit assignments are carried out in accordance and the quality standards of the professional practice of internal auditing.
• Ensure reliability Guide, review and approve the work carried out on audit assignments and provide reports to Executive Management and the Audit Committee of the Board.
• Evaluate the systems for compliance with policies, plans, procedures, laws and regulations and establish compliance with these systems.
• Provide assurance on the economy and efficiency within which the resources are employed.
• Monitor and evaluate effectiveness of the Bank’s risk management processes
• Facilitates and coordinates the work of external auditors in liason with Executive management and ensure the recommendations of external auditors are implemented timeously.
• Partner with Management of the Bank to ensure that the overall objectives of the Bank are met.
• Oversee effective use of the department’s resources and budgets
In order to perform this job successfully, the incumbent must possess the following;
QUALIFICATIONS AND EXPERIENCE
• Relevant business degree with a post graduate qualification or professional qualifications such as CIA, CA, CIS, ACCA etc and affiliation with the internal audit professional body.
• Five (5) years managerial experience in an internal audit OR Risk environment;
• Banking and Financial Sector experience will be an added advantage.
KNOWLEDGE AND SKILLS
• Knowledge of international standards for the professional practice of Internal Auditing
• Proven appreciation and application of Control, Regulatory and Risk Management Issues
• Financial Services Industry knowledge including that of new and emerging products and services
• Sound knowledge of Computer Assisted Audit Techniques is an added advantage.
• Proficiency in MS Office applications
• Ability to report and provide advice to the Senior Management
ATTRIBUTES
• Strict professional ethics and integrity; Leadership skills; Adhering to Principles and Values; Relating & Networking, Presentation & Communication skills; Report Writing; Problem Solving & Analysis, Team Player, Results Oriented, Planning & Organization, monitoring & evaluation, persuasion skills.
PROCUREMENT OFFICER
JOB PURPOSE:
To procure materials / services, to ensure required supply needs are satisfied at lowest total cost to Lesotho Post Bank.
Appropriately and accurately perform and leverage market analysis to support commodity procurement decisions.
Perform strategic sourcing activities in line with procurement and implementation plans/ policies and execute transactional order processing.
REPORTING LINE: Operations Support Manager
KEY DUTIES AND RESPONSIBILITIES:
• Proactive expediting to ensure on time and in-full deliveries.
• Effectively attend to requisitions from Business Units.
• Reduce number of unresolved payment queries.
• Timely processing of invoices.
• Secure competitive bids for one-time goods and services.
• Contribute to the attainment of TCO (Total cost of Ownership) reduction targets.
• Manage supplier relations and reduce supplier database on system.
• Communicate Policies and Procedures to business partners and suppliers to ensure that they are not violated.
• Record and maintain documentation for discounts and claims.
• Customer evaluation (Customer Evaluation of Bank Satisfaction) rating.
• Effectively lead and direct Procurement team to attain business objectives.
• Demonstrate commitment to customer service, working as part of the team to ensure the right suppliers are delivered at the right time and at the right price.
• Through internal and external periodic feedback procures, measure effectiveness of operations, including customer satisfaction (internal clients and suppliers) and propose methods for continuous improvement
• Prepares the fixed Assets addition form with information of acquired fixed assets, such as: GRN, invoices, and LPB code, weekly and forward to Accounts.
• Supports Head office and branches by purchasing required facilities and rentals. Issues such facilities like, electricity, telephone requirements, airtime, fuel, catering needs and others.
• Performs other duties assigned by the supervisor.
QUALIFICATIONS AND EXPERIENCE
• A degree in Business Management, Accounting, Economics or related field plus a Certificate in Purchasing and Supply Management or related field and 3-5 years related work experience.
• An advanced Diploma in Purchasing Management and 5 years in a Procurement and Supply Chain Management environment.
• Experience on Microsoft Excel spreadsheet is mandatory.
• Understanding of Supply Chain Management operational concepts surrounding purchasing, logistics, incoming supply inspection and inventory control.
• Valid driver’s license
COMPETENCIES AND SKILLS
• Strong numerical, analytical, communication, negotiation, business acumen and leadership skills.
• Ability to produce quality reports for management and executive.
• Knowledge of procurement procedures.
• Ability to work under pressure and ability to plan and execute plans.
• Understands and is committed to LPB vision, mission and core values.
CREDIT COLLECTION AND REHABILITATION OFFICER
JOB PURPOSE:
To collect overdue debts and liase with external debt collectors to ensure effective recovery of debts.
REPORTING LINE: Manager: Debts and Recoveries
MAIN DUTIES:
• Review and re-appraise the security held on new non-performing accounts.
• Contact and negotiate with non-performing debtors by mail, telephonically or in person to establish repayment arrangements,
• Liaise and co-opt the assistance of all Business Units as may be necessary to arrange recovery of the nonperforming debts,
• Draft Acknowledgements of Debt and obtain signature thereto by debtors once arrangements to repay are concluded,
• Obtain fresh balance sheet, income/employment details, contact numbers/addresses from non performing debtors,
• Ensure assets over which the bank has a lien is taken into custody expeditiously,
• Write Call Reports once contact has been established with either the debtor, attorneys or other interested party,
• Ensure that repayment arrangements are actively monitored and that default is taken up expeditiously with the debtors.
• Arrange in collaboration with the client and Credit administration manager the rescheduling approach trying to ease the means of repayments.
• Ensure that the legal process to recover debt is initiated when the client has proven unwilling to negotiate repayment,
• Forward Letters of Demand to non-performing debtors as may be required,
• Drive recovery process through pro-active contact with attorneys and other interested parties by way of diary notes etc,
• Action inward communications from attorneys, clients and other interested parties,
• Ensure that security held by the Bank is reappraised or re-valued once the account is placed to lock-up/collection,
• Scrutinise Debts Written Off Register to ensure that recoveries are still being pursued pro-actively on debts where recovery is still considered possible.
• Scrutinise and ensure that the following returns submitted to Compliance:
• NPL returns
• List of Top 20 debtors and detailed reports on the problematic individual names.
• Recoveries on account of non-performing loans.
• Ensure the proper fi ling of the NPL fi les in fi re proof cabinet.
• Take responsibility for own personal development in line with agreed annual performance objectives.
• Perform any other duties from time to time as management may reasonably require.
In order to perform this job successfully, the incumbent must possess the following;
QUALIFICATIONS AND EXPERIENCE
• BA degree in Law, Finance/ Banking /Financial Management or equivalent plus at least 3 years related experience
OR
• Diploma in Business Management / Banking with at least 5 years Banking experience
• Minimum 3 years, credit control or collection experience is a must
• Credit Management or similar qualification would be an added advantage
• Own transport is desirable & valid driver’s license is a must
KNOWLEDGE AND SKILLS
• Basic accounting experience (medium to large accounts)
• Above average knowledge of: Excel
• Ability & availability to work extra hours (e.g. month end)
ATTRIBUTES
Strict professional ethics and integrity; Ability to understand the key issues, Attention to detail, Above average listening skills, Target & achievement driven, Efficient time management & ability to prioritize effectively, Analytical skills, Persuasion, Negotiation & Interactive Skills, Decisiveness, and ability to work effectively independently and in a team, High stress tolerance.
Successful applicants will be subjected to the clearance process by the relevant authorities.
Interested candidates should submit an application letter accompanied by a detailed Curriculum Vitae, Copies of
Educational Certificates, Names and Contact Details of three referees to:
The Head of Human Resources
Lesotho Postbank
Oblate House,
Private Bag A121
Maseru
Or email: mmoiloa@lpb.co.ls @ hr_@lpb.co.ls
The closing date for receipt of applications is 09th October 2015 @ 16:00 pm.
DISCLAIMER: ONLY SUCCESSFUL CANDIDATES WILL BE CONTACTED
• BA degree in Law, Finance/ Banking /Financial Management or equivalent plus at least 3 years related experience
OR
• Diploma in Business Management / Banking with at least 5 years Banking experience
• Minimum 3 years, credit control or collection experience is a must
• Credit Management or similar qualification would be an added advantage
• Own transport is desirable & valid driver’s license is a must
KNOWLEDGE AND SKILLS
• Basic accounting experience (medium to large accounts)
• Above average knowledge of: Excel
• Ability & availability to work extra hours (e.g. month end)
ATTRIBUTES
Strict professional ethics and integrity; Ability to understand the key issues, Attention to detail, Above average listening skills, Target & achievement driven, Efficient time management & ability to prioritize effectively, Analytical skills, Persuasion, Negotiation & Interactive Skills, Decisiveness, and ability to work effectively independently and in a team, High stress tolerance.
Successful applicants will be subjected to the clearance process by the relevant authorities.
Interested candidates should submit an application letter accompanied by a detailed Curriculum Vitae, Copies of
Educational Certificates, Names and Contact Details of three referees to:
The Head of Human Resources
Lesotho Postbank
Oblate House,
Private Bag A121
Maseru
Or email: mmoiloa@lpb.co.ls @ hr_@lpb.co.ls
The closing date for receipt of applications is 09th October 2015 @ 16:00 pm.
DISCLAIMER: ONLY SUCCESSFUL CANDIDATES WILL BE CONTACTED
