Job Vacancies at Paraquick

Paraquick is a financial services provider in Lagos. Our Personal Loans and Micro-Business Loans are designed to conveniently meet your financial needs.

  • Job Openings 
    1. Head of Finance
    2. Information Technology Officer
    3. Head of Risk Management
    4. Operations Team Member
    5. Account Relationship Manager

Head of Finance

  • Job Type: Full Time
  • Qualification: BA/BSc/HND
  • Location: Lagos
  • Job Field: Finance / Accounting / Audit

Reports to: Managing Director

Job Summary

  • Financial Controls and Reporting
  • Treasury
  • Financial Management
  • Tax Management
  • Investment Management.

Job Responsibilities

  • Oversees the company’s overall finance function.
  • Develops/supervises the development of strong and effective business strategies and plans.
  • Prepares the Company’s annual budget and communicates approved performance targets to all stakeholders.
  • Advises the MD on major financial decisions and ensures the proper execution of/compliance with the Company’s laid down financial policies, guidelines and processes.
  • Periodically assess the Company’s financial management needs and current capabilities; determines proactively gaps and develops plans to bridge/meet financial needs.
  • Develops effective financial systems to facilitate management decision-making.
  • Oversees budgeting, budgetary review, financial controls, reporting and other financial management processes.
  • Organizes the finance function as may be required from time to time to ensure close alignment to business needs and changes in processes.
  • Oversees the design and implementation of processes that provide business managers the necessary financial data to make decisions and monitor performance.
  • Ensures the effective management of the Company’s financial resources.
  • Ensures all periodic external reporting obligations are met on timely basis.
  • Ensures the continued integrity of the Company’s cash, receivables, and payables management activities.
  • Handles and in some cases will lead, major financial negotiations, review and advise on large contracts, strategic alliances and preferred vendor arrangements to ensure Company interests are adequately protected, and objectives achieved within budget provisions.
  • Monitors Company’s operating performance and overall financial health using established corporate business performance metrics.
  • Enforces financial discipline/guidelines and controls across the company, and especially amongst management.
  • Ensure the development of strong finance capability (an ability to translate business decisions into numbers/financial metrics and to understand the implications for financial performance) across the Company.
  • Provides leadership in the development of staff policies, training and performance measurement.


Information Technology Officer

  • Job Type: Full Time
  • Qualification: BA/BSc/HND
  • Experience: 4 years
  • Location: Lagos
  • Job Field: ICT / Computer

Job Summary/Responsibilities

  • Scrutinize and maintain relationship with software vendors and tech. companies.
  • Monitor major projects, IT budgets, priorities, standards, procedures, and overall IT performance;
  • Coordinate priorities between the IT department and other departments
  • Managing information technology and computer systems
  • Controlling and evaluating IT and electronic data operations
  • Plan, organize, control and evaluate IT and electronic data operations
  • Design, develop, implement and coordinate systems, policies and procedures
  • Ensure security of data, networks and backup systems
  • Act in alignment with user needs and system functionality to contribute to organizational policy
  • Identify problematic areas and implement strategic solutions in time
  • Audit systems and assess their outcomes
  • Preserve assets, information security and control structures.
  • Handle annual budget and ensure cost effectiveness.
  • Manage and maintain, hardware, software, office networks and systems across branches
  • Coordinating the IT operations activities to deliver IT services
  • Implementing approved process improvements and enhancing the IT service delivery
  • Compile reports to track adherence to established service-level targets
  • Contribute to the maintenance of the business internal knowledge base


  • B.Sc in Information Technology or Business Information Technology or any related field.
  • Cognate IT Certifications will be added advantage
  • At least 4 years of professional experience in an operational IT role as an administrator
  • At least four years of experience in a similar role within the banking sector
  • Evidence of sound experience

Head of Risk Management

  • Job Type: Full Time
  • Qualification: BA/BSc/HND   MBA/MSc/MA
  • Experience: 8 years
  • Location: Lagos
  • Job Field: Finance / Accounting / Audit

Reports to: Managing Director/Head, Risk Management

Job Summary/Responsibilities

  • Evaluating and reviewing of client’s credit proposal for approval or rejection based on credibility, potential revenue and losses to maintain a good balance between returns and risk exposures.
  • Review of Credit Appraisal Memorandum (CAM) for Management and Board consideration and Approval
  • Conducting credit search from an approved Credit Bureau
  • Booking of loans in line with approved terms and conditions for the MD’s approval
  • Proper documentation and updating of the loan files
  • Follow up and monitoring of disbursed loans to ensure timely repayment
  • Recovery of delinquent loans and advances
  • New products development and review of existing ones
  • Develop, review and update the bank’s credit policies.
  • Organized in house training for the staff
  • Render timely report to regulatory bodies (CBN, NDIC, e.t.c) when required
  • Preparing monthly Portfolio AT Risk (PAR) with a summary of loan loss provision required.
  • Provides leadership in the development of staff policies and training.

Qualifications and Experience

  • MCP certification will be an added advantage.
  • Experience: Minimum of 5 years in micro-finance bank sector.
  • A Bachelor’s Degree in any discipline;
  • A post-graduate Degree in Business, Finance or Economics is an added advantage; and
  • A minimum of ten (8) years cognate Banking experience.

Competencies and Qualities
To perform the job successfully, the candidate should demonstrate the following competencies and qualities:

  • Must be performance driven, an excellent team player and effective implementer of organizational policies and procedures at the MfB;
  • Must be enterprising and have self-driven personality with the ability to adapt and acquire new skills;
  • Ability to translate knowledge of business needs into value propositions mutually beneficial to customers and the MfB;
  • Ability to use modern banking tools and technology to drive the Bank’s operation to a highly successful level;
  • Excellent leadership and communication skills;
  • Ability to lead with integrity and be responsible for results;
  • Highly attentive to details with excellent organisational and documentation skills;
  • Strong fit to desired corporate culture and values and commitment to furthering the MfB mission and vision;
  • Understands the needs of a going concern ownership transition, with willingness and ability to perform duties beyond the scope of work;
  • Makes quality hiring decisions; forecasting staffing needs accurately and following the MfI hiring process through;
  • Takes responsibility for subordinates’ activities and actions, makes self-available to staff, provides regular performance feedback, develops staff skills and encourages growth and continually work to improve supervisory skills;
  • Strong corporate governance capabilities;
  • Ability to measure and monitor the MfI’s performance to shareholders’ satisfaction; and
  • Conserve the Bank’s resources and work within budget guidelines.
  • A good starter or experience in Startup will be an added advantage.


Operations Team Member

  • Job Type: Full Time
  • Qualification: BA/BSc/HND
  • Experience: 2 years
  • Location: Lagos
  • Job Field: Administration / Secretarial

Slot: 2 Openings

Job Summary/Responsibilities

  • To ensure accurately and comprehensively prepared reports on daily transactions postings and to make reports available for management use as stipulated and required.
  • Ensure due diligence in accounts opening procedures
  • Error-free and fraud-free posting of customers’ withdrawals and deposits
  • Attend to customers’ inquiries across the counter.
  • Cash and other transaction reconciliation
  • Account opening and updating of customers’ account details on the database
  • Perform related clerical duties as required.
  • Maintains accurate computer and paper records required by the department of assignment
  • Managing office petty cash and preparing cash count certificate
  • Maintain appropriate interpersonal relationships with employees and customers.
  • Maintenance and update of account openings and closure registers
  • Maintenance of customer mandate update.
  • Maintains customers confidence and protects bank operations by keeping information confidential.
  • Complies with bank’s operations and security procedures by participating in all dual control functions.
  • Cross sells bank’s products by answering inquiries, informing customers of new services and product promotions.
  • Statement of account rendition
  • Contributes to team effort by accomplishing results as needed.
  • Ensure effective call over of transactions
  • Perform other duties and responsibilities as may be required by the Head of Operations.


  • Bachelor’s Degree from a recognized academic institution in Accounting, Banking & Finance or any related field.
  • Minimum of Two (2) years relevant experience; working in a Banking or Microfinance bank setting
  • Good knowledge of Microsoft office suite
  • Good knowledge of Banking software
  • Basic Book Keeping and Accounting
  • Treasury Management
  • Relationship Management.


Account Relationship Manager

  • Job Type: Full Time
  • Qualification: BA/BSc/HND
  • Experience: 2 – 3 years
  • Location: Lagos
  • Job Field: Sales / Marketing / Business Development

Slot: 3 Openings

Job Summary/Responsibilities

  • Sourcing for Micro & SME clients in identified market zones.
  • Sell credit products: PayDay loan, Salary Advance etc.
  • Creation of quality risk assets monthly.
  • Rendering financial advice to customers.
  • Ensure credit appraisal & cash flow analysis of clients.
  • Ability to analyze and interpret financial statements.
  • Evaluating and reviewing of client’s credit proposal for approval or rejection based on credibility, potential revenue and losses to maintain a good balance between returns and risk exposures.
  • Writing of Credit Appraisal Memorandum (CAM) for Management and Board consideration and Approval.
  • Perform KYC on customers
  • Supervises Loan packaging and documentation.
  • Conducts credit check on borrowers and their guarantors.
  • Monitor client business and loans repayment closely.
  • Follow up on delinquent loans & immediately refer to same to his/her supervisor.
  • Ensure PAR is within tolerable level as specified by management.

Relevant Skills, Qualification, Attributes & Experience

  • HND /University Degree in Banking, Accounting, Economics or other related field.
  • At least 2 – 3 years’ experience in a Micro Finance Institution.
  • Good understanding of business process.
  • Hardworking, commitment, ability to communicate and self- motivated person.
  • Excellent interpersonal & numerical skills.
  • Excellent team player.
  • MCP certification will be an added advantage but not compulsory.

Method of Application

Candidates should send their Resume and Cover Letter to: using the Job Title as the subject of the mail.

Note: Only shortlisted candidates would be contacted for further discussions.

Deadline: 4 October, 2019

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