Sylvanus Ibiang

Experience

• 

  Sparkbrain standard college

  Nov 2013 - Jul 2015

  Teacher/Administrative Assistant

  To teach the subjects assigned to me the understanding of the students.Preparation of lesson notesResponsible for the organization of Debate and Press clubs in the schoolActed as chairman of the Disciplinary committee and ensured that students hold punctuality in high esteem.

• 

  Youth Consult

  Jul 2015 - Mar 2016

  Business Development Officer

  Attending to Longrich Entrepreneurs' needs in a timely and swift manner Carried out book-keeping and accounting functions such as preparation of financial statement, trial balance, bank reconciliation statement and profit and loss accountsTo ensure that all the products in the store are accounted forTo teach both Longrich Entrepreneur’s (old and new) the business of Multi-Level Marketing (MLM)To sign-up new entrepreneurs for the companyEnsuring that all products in the store are accounted forTeaching Longrich Entrepreneurs (old and new) the business of Multi-Level Marketing(MLM)To sign-up/register new entrepreneurs for the company. Show less

• 

  Royal Chosen Academy

  Apr 2016 - Dec 2016

  Academic Tutor

  To teach the subjects assigned to me to the understanding of the students.Preparation of lesson notesHead of ExaminationsTo prepare learning and examinations timetable when necessaryTo make sure all teachers cover their curriculum for the term in relation to the examinations for the termTo collect and proof read all examination questions prepared by teachers before sending them out for typesettingBeing the head of examinations in the school, I oversaw the Junior School Certificate Examination (J.S.C.E) 2016. The examination recorded a huge success as I prepared a timetable for invigilating by teachers. The teachers and I worked together to provide a serene environment throughout the examination period.In the course of teaching the various subjects mentioned above, I was able to teach to the understanding of the studentsThe learning and examinations timetables I prepared contributed greatly to aid learning in the school.Being the head of examinations department, I was able to work effectively and efficiently with other teachers in the school to achieve desired results and outcome. Show less

• 

  British Council

  Dec 2016 - Jun 2020

  Examinations Invigilation Officer (Venue Staff)

  To administer and invigilate examination such as CIE, IELTS, ACCA, NEBOSH etc. on behalf of British Council Nigeria in different locations.To assist in issuing out results and certificates at the office whenever necessary.Upholding the integrity of British Council

• 

  Ekondo Microfinance Bank Ltd.

  Jun 2017 - Jun 2020

  Internal Control/Compliance Officer

  Conduct monitoring reviews/visits to all branches and review the lending/Credit processes toascertain the level of compliance to the set policies and in conformity with credit policy• Review of accounts opening documentation and KYC in line with AML guidelines.• Review loan files for completeness of all necessary documents before disbursement• Carry out post disbursement reviews of all loans.• Ensure proper reporting of violations or potential violations to duly authorized units/departmentwithin the bank as appropriate and/or required.• Identify potential areas of compliance vulnerability and risk.• ATM process monitoring and proofing of reconciliation certificates.• Ensure company policies were implemented and adhered to. I’m Show less

• 

  Ekondo Microfinance Bank

  Jun 2020 - Feb 2021

  Operations Manager

  Monitor the bank vault cash, call over daily transactions, update exception/error register and ensure the balances tally.• Prepare and submit daily cash position report, call over report and weekly operations report.• Check for failed transaction, authorize reversal of wrong entries and check trial balance to ensure itbalances on daily basis.• Authorize account opening on the system after ensuring that account meet KYC and AML requirements.• Petty Cash management & timely retirement of expenses for the smooth running of branch operations.• Branch administration and staff and supervision.• Manage correspondence between the branch, customers, other branches and head office to ensureadequate responses to issues raised.• Dispute management and Resolution on Arbiter• Reconciliation of ATM terminals and GLs. Show less

• 

  FINCA MICROFINANCE BANK

  Feb 2021 - Apr 2022

  Risk Management and Internal Control Officer

  • Review of loan files for compliance to credit policies and approval• To carry out compliance checks in all branches and departments and generate recommendations to management for remedial actions.• Identify all aspects of non-compliance with internal policies and Procedures likewise with External Regulators.• Co-ordinate and improve operational risk management within departments. • Review all Internal & External Audit reports to extract relevant risk & control information for use in reporting and remediation.• Conduct monitoring reviews/visits to all branches and review the lending/Credit and Banking processes to ascertain the level of compliance to the set policies and in conformity with customer guidelines as per the compliance plan.• • Monitor and act on any KPI / KRI adverse trends that arises. • Monitor resolution of all associated Internal Audit recommendations post audit issues. • Track and analyze incidences of frauds (successful and attempted) identify causes and implement with respective units' comprehensive measures to close gaps. • With the supervision of Risk Manager, coordinate Risk & Control Self-Assessment (RCSA) framework across the various Business and Support units. • Work with the Risk Manager to implement BCM framework for the bank. • Work the Risk Manager to develop Business impact analysis (BIA) framework across the various Business and Support units.• Follow up and monitor the implementation of agreed action plans with the various branch management teams and departmental heads after the compliance supervision visits, track them and ensure they have been resolved. • Submit detailed monthly report of activities covered for the month ended to the Head of Risk and Compliance to facilitate the consolidation of the Monthly Internal Control and Compliance report to Management Board. • Coaching, mentoring/training of staff to address some of the areas to improve quality of staff to minimize breach of policies and procedures. Show less

• 

  FINCA Impact Finance

  Apr 2022 - now

  Head of Risk and Chief Compliance Officer

  Supervise my team in conducting thorough KYC and CDD reviews of individual customers during the onboarding process to ensure compliance with regulatory requirements and organizational standards.• Ensure customer onboarding follows a risk based customer classification methodology andmonitoring of all accounts for predetermined red flags.• Developed and implemented comprehensive risk management strategies to identify, assess, and mitigate potential risks within the organization, resulting in a significant reduction in financial losses.• Collaborate with management and Board in setting Risk Appetites for the organization on yearly basis andcarry out monitoring of same through relevant Key Risk Indicators (KRI).• Supervised team members to conduct regular internal control reviews and assessments, identifying vulnerabilities and implementing corrective actions to enhance operational efficiency and mitigatepotential risks.• Conduct comprehensive reviews of individual and business customers by screening alerts for sanctions,Politically Exposed Persons (PEPs), and adverse media.• Manage the evaluation of the possible risks (including third-party risks associated with vendor selectionand Management) for the proposed new products, procedures, and functions.• Carry out fraud management responsibilities including fraud investigations and monitoring fraud alerts• Implement BCM framework and develop Business impact analysis (BIA) framework across the variousBusiness and Support units.• Ensure AML reports and other required reports are sent to CBN, NDIC and NFIU etc. as at when due.• Conduct analysis of operations of FINCA Nigeria to identify risks and make recommendations forpreventive actions. This includes the implementation of the Risk Control Self-Assessment (RCSA) programin the subsidiary• Evaluate clients’ credit worthiness and ensure required credit search are carried out prior to approval of credits as a functional member of Management Credit Committee. Show less