Cash Officer / Teller at a New Tier 1 Urban Microfinance Bank

We are a newly Central bank of Nigeria Licensed Tier 1 Urban Microfinance bank located at the Igbon-Efo, Lekki corridor of Lagos State. We are desirous of recruiting young, talented and ambitious self starters who would lead the bank towards achieving the mutual desired goals of all stakeholders in the position below:

Job Title: Cash Officer / Teller

Job Code: 06
Location: Lagos

Job Summary

  • The Cash Officer would take responsibilities of effective functioning of the cash department in the bank branch.

Main Responsibilities
The main responsibilities of a Cash Officer are listed below:

  • Be the joint custodian of Cash and other valuables
  • Supply cash / cash boxes to Single Window Operator (SWO) in the morning. Take possession of excess / surplus cash or deliver / supply cash from / to SWO and bulk cashier(s), as and when required during the day. Complete Estimated Over Draft (EOD) exercise for cash after completion of business hours.
  • Carry out surprise verification of the cash holding in the cash boxes of SWO and carry out intra day cash verification at the SWO Counters.
  • Ensure that all the notes received are shrouded and sorted into issuable and non-issuable notes.
  • Ensure that the non-issuable note bundles prepared are pasted with note slips duly signed by the SWO on the top and bottom of the bundles confirming the quantity and quality of the notes. Manage cash inventory at the Branch, arrange for inward / outward cash remittances from them.
  • Arrange for receipt / payment of bulk cash from important customers.
  • Generate and check relevant reports.
  • Ensure operation of the vault as per standards
  • Save the Cash related reports daily and keep a hard copy of all the reports properly filed for future reference.
  • Verify the cash balance in the vault fortnightly.

Required Educational / Experience

  • Bachelor’s Degree in Business Management, Marketing, Business or a related field, marketing strategy
  • With at least 2 – 7 years of Experience in related role.
  • Certification in Microfinance Banking is an advantage
  • Candidate for this position must not be more than 30 years as at January 1st 2022.

Deadline: 26th January, 2022.

Method of Application
Interested and qualified candidates should send their most recent CV and a Cover Letter of Intent to: Clmfbank@gmail.com using the Job Code as the subject of your mail.

Note: All successful candidates would be interviewed and expected to resume NOT later than April 1st, 2022.


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