Job Posting at BRAC Ghana Savings and Loans Ltd
POSITION: Monitoring Officer
Company Overview
BRAC Ghana Savings and Loans Ltd (BGSL) is a socially responsible for-profit entity that involves individuals, particularly women, in sustainable economic and income-generating initiatives in Ghana. Our goal is to responsibly offer a variety of financial services to individuals at the bottom of the pyramid.
KEY DUTIES
Duties related to operations:
- Review overdue and trend analyses.
- Examine financial statements and deliver pertinent and precise reports to the CEO as needed for board meetings.
- Facilitates group meeting attendance, reconciles passbooks, and performs physical client verifications.
Oversight duties:
- Fraudulent loan/loan issued without the borrower’s consent.
- Loan managed by personnel – partially/wholly.
- Funds were released without authorization.
- Loans provided to the same member from various projects/branches.
- Previous loan balance was settled by granting an additional loan.
- The client’s presence could not be located.
- Several loans are managed by a single member.
- Loan granted through the collection of overdue payments or advance receipts.
- Confirm whether a client has fled.
- Loan obtained by another member’s payment.
Overseeing loan documentation:
- The monitor conducts random checks on all loan-related documents from the previous visit to the current visit. They also verify the passbook and the client in person.
Reconciliation of members’ passbooks:
- The Passbook serves as the sole document for the clients. The monitor compares this passbook with the collection of data generated by the system to identify any discrepancies.
Payout audit review items:
- Illicit withdrawals.
- Attendance of members in group meetings where withdrawals of savings were requested.
- If savings from other members were utilized for the loan fulfillment of a different member.
- The total amount of savings taken out and the amount that was modified.
Additional checkpoints:
- The monitor verifies the cash in hand status based on the cash book and printed computer ledger.
- Confirms the guarantor for the client.
- Confirms BAO’s loan disbursement checklist to ensure that the BAO is reviewing loan documents according to her duties.
- Provide an update on the dedication to previous monitoring results.
Responsibilities for safeguarding:
- Cultivate a safeguarding culture throughout every level of the programme by enforcing the safeguarding policy. Serve as a crucial resource for assistance, advice, and knowledge on safeguarding to create a secure working environment.
- Accountable for providing team members with suitable training, support, and access to resources related to issues that are recognized and addressed in line with the safeguarding policy and procedures.
- Adhere to the safeguarding reporting protocol if any reportable incident occurs, and motivate others to do the same.
Required Skills or Experience
PARTICULAR ACADEMIC/PROFESSIONAL CREDENTIALS
At a minimum, a bachelor’s degree:
- Degree in Relevant Fields
- A Professional Certificate/Postgraduate Degree in Accounting/Finance will provide a significant benefit.
- Focus / Specialization: Associated Field
EXPERIENCE (Incorporating field/sector)
- A minimum of 3 years of applicable work experience in a comparable position.
- Preferred is 2 years of experience in the financial services industry.
UNDERSTANDING, ABILITIES & QUALIFICATIONS
- Understanding and proficiency in relevant concepts.
- Expertise in management frameworks.
- Exceptional communication skills (both written and verbal) along with strong interpersonal abilities.
- Strong collaborator with significant leadership qualities.
- Expertise in MS Excel and similar applications.
- Skills in planning and organization.
- Strong level of professionalism, maturity, and discretion.
- Powerful presentation abilities.
- Robust analytical and troubleshooting abilities.
- Well-structured and capable of performing professionally and ethically;
- Ability and readiness to assume accountability
- Well-honed sense of honesty, dependability, and precision.
- Readiness to perform in high-pressure situations.
How to Apply For This Job at BRAC Ghana Savings and Loans Ltd
All eligible and interested individuals must submit their Cover Letters and CVs to bgslhirings23@gmail.com by 5th September 2025
NOTE:
It is important to keep in mind that employers receive many applications for each job posting and will only select the most qualified candidates. Furthermore, NewsNowGh does not have any influence over the decisions made by employers/recruiters. As a result, we cannot guarantee that sending applications will lead to candidates being shortlisted or selected for a particular position.
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