Orale (Flexcube/Finflowz), BankOne, Orbit-R, Microsoft Project (Microsoft word (MS Word, Microsoft PowerPoint, Microsoft Excel, Outlook365)
Augustine Ighalo
Lagos
Summary
Auditor with years of experience and data analysis skills. Well-versed in performing risk assessment procedures and internal audits related to microfinance banking. Focused on improving business processes and compliance
Overview
17
17
years of professional experience
4
4
Certification
Work History
Head, Internal Control and Audit
AWACASH MFB
01.2023 - Current
- Review the credit process to identify and report risks inherent in the process.
- Undertake internal Audits to ensure the organization meets its financial, operational and compliance objectives
- Reporting on control deficiencies to management and making recommendations to mitigate risk and add value
- Playing an active role in the maintenance and review of policies and procedures including ensuring they are up to date with all legislation and best practices.
Branch Manager
LAPO MFB
01.2018 - 01.2023
- Carryout market survey on branding, lead generation and customer retention
- Review loan applications, approve and disburse same
- Process insurance claims
- Ensure the branch targets are achieved and exceeded on monthly basis
- Maintain healthy portfolio with target BOD and PAR
- Ensure staff are motivated and trained and retrained from time to time
- Supervise all branch activities in collaboration with the branch credit committee
- Constantly review branch performance against targets with staff
- Carryout KYC and Anti-money laundering check on transactions exceeding threshold
- Keep healthy relationships with third parties with the aim of meeting set targets
- Ensure branch records are well kept and in compliance with the company’s policy standard
- Train new customers on company’s products and services
- Carryout other tasks assigned.
Internal Control /Compliance and Inspection Manager
LAPO MFB
01.2013 - 01.2018
- Review credit process to identify and report risks inherent in the process.
- Conduct due-diligence visit for new groups prior to loan disbursement.
- Conduct monthly portfolio review to ensure all loan portfolios are assigned to CSOs in the branch.
- Review clients’ interest waiver requests before the request is granted /executed.
- Review and ascertain the past due/overdue loan accounts.
- Report all credit risk exposures of the branch via the risk register.
- Conduct daily call over of transactions within 24 hours of posting.
Branch Head Operation
LAPO MFB
01.2011 - 01.2013
- Supervise and coordinate branch operations activities on a daily basis
- Ensure all activities and processes undertaken by operations unit conform to set standards pertaining to banking policies
- Ensure technical, banking and operation policies are efficiently and appropriately achieved
- Manage centralized loan processing and account opening functions to ensure efficiency, quality and control over loan creation and completeness of Know Your Customer (KYC) / Anti-Money Laundering (AML) activities
- Prepare branch reports; cash-flow, income and expense report and balance sheet
- Prepare other relevant branch reports to aid management decisions
- Prepare Bank Reconciliation Statements on monthly basis
- GL Posting
- Receive and review card transaction inquiries with the intention to provide accurate feedback or initiate appropriate dispute and chargeback formalities
- Ensure accurate and timely daily record keeping and accounting systems of payment vouchers and classifying in accordance with company policy
- Draw cheques and raise instructions for all bank’s related transactions
- Develop and maintain relationships with internal units and third organizations to keep abreast of changes in banking regulations and ensure that changes are implemented in a timely fashion
- Reconcile accounts payable and receivable on daily/month end
- Manage and maintain a standardized monthly/yearly expense budget
- Assist in loan processes, approval and disbursement
- Engage and supervise assigned team for effective loan recovery.
Client Support Officer
LAPO MFB
08.2008 - 01.2011
- Client mobilization
- Visit client business venue for loan assessment
- Training of member before disbursement
- Carry out market survey and activation
- Portfolio management of branches within area of operation
- Record keeping
- Checking of records
- Follow up visit to ensure loans disbursed are properly utilized
- Carry out loan recovery when necessary
Education
B.Sc. - Economics
University of Lagos
11.2018
OND - Polymer Science and Technology
Auchi Polytechnic
01.2006
Skills
- Leadership
- Loan Origination and Disbursement
- Bank Reconciliation
- Book keeping
- Customer Acquisition and Retention
- Fraud Control
- Budgeting
- Office Administration and Control
- Loan Recovery
- Customer Relationship Management
- Excellent Oral and Written communication
Certification
- Associate Chartered Finance Professionals (ACFP) 2022
- Chartered Associate Internal Controller and Auditors (CAICA) 2022
- Chartered Associate Forensic Accountant and Fraud Investigator (CAFAFI) 2022
- Fellow Chartered Institute of Loan and Risk Management (FCILRM) 2023
References
Excellent references available on request
Software Proficiency
Orale (Flexcube/Finflowz), BankOne, Orbit-R, Microsoft Project (Microsoft word (MS Word, Microsoft PowerPoint, Microsoft Excel, Outlook365).
Affiliations
- Chartered Associate Internal Controller and Auditors (CAICA)
- Chartered Associate Forensic Accountant and Fraud Investigator (CAFAFI)
- Associate Chartered Finance Professionals (ACFP)
- Fellow Chartered Institute of Loan and Risk Management (FCILRM)
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Accomplishments
- Supervised team of [Number] staff members.
- Achieved [Result] by completing [Task] with accuracy and efficiency.
- Collaborated with team of [Number] in the development of [Project name].
- Documented and resolved [Issue] which led to [Results].
- Achieved [Result] through effectively helping with [Task].
- Resolved product issue through consumer testing.
Work Preference
Work Type
Part TimeContract WorkWork Location
RemoteOn-SiteHybridSoftware
Languages
English
Bilingual or Proficient (C2)
Interests
Information and Learning
Problem-Solving and Productivity
Timeline
Head, Internal Control and Audit
AWACASH MFB
01.2023 - Current
Branch Manager
LAPO MFB
01.2018 - 01.2023
Internal Control /Compliance and Inspection Manager
LAPO MFB
01.2013 - 01.2018
Branch Head Operation
LAPO MFB
01.2011 - 01.2013
Client Support Officer
LAPO MFB
08.2008 - 01.2011
OND - Polymer Science and Technology
Auchi Polytechnic
B.Sc. - Economics
University of Lagos
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