Search for Job Vacancies and Career Opportunities in Nigeria

Latest Careers At Stanbic IBTC Bank

Date Posted: 08/Aug/2014
Deadline: 20/Aug/2014

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.


Stanbic IBTC Bank values original thinkers with genuine insight and the team commitment that will help our clients outperform the market. As Africa’s largest and most respected bank, our Global Markets division offers you an outstanding opportunity to rapidly develop your banking talents. You will work across a range of financial instruments, operating within very different markets and countries.
Our ambitious plans now mean we are looking for a highly experienced Fixed Income Trader

Stanbic IBTC Bank is recruiting to fill the vacant positions:

 

Head, Internal Audit

Position Description  

• To be directly accountable to the Board of Directors and the Board Audit Committee of Nigeria.
• To assist with the Board Audit Committee’s understanding of the risks to which the Bank is exposed and to facilitate an appreciation of the Bank’s risk management, control and governance processes, the Head, Internal Audit, or his authorised delegate, is required to attend Audit Committee meetings and to satisfy the committee on the adequacy and effectiveness of the internal audit function.



Key responsibilities
• Providing  an annual assessment on the adequacy and effectiveness of the Bank’s processes for controlling its activities, managing its risks and ensuring good governance;
• Evaluating and contributing to the improvement of the adequacy and effectiveness of risk management, control and governance processes by applying a systematic and disciplined audit approach. This is reinforced through  a continuous quality and improvement programme;
• Reporting significant issues related to the risk management, control and governance processes of entities within the Bank. This includes the provision of potential improvements to those processes and information concerning the resolution of such issues;
• Periodically providing information on the status and results of the annual audit plan and the sufficiency of Internal Audit resources;  
• Co-ordinating with and providing oversight of other control and monitoring functions within the Bank (including, but not limited to risk management, compliance, security, legal, ethics, the environment and external audit).

The Head of Audit, Nigeria, assisted by internal audit staff, also has the responsibility for:

• Developing a flexible annual audit plan in accordance with Group Internal Audit standards and methodology and by applying an appropriate risk-based methodology. The plan should consider any risks, control or governance concerns identified by the Board Audit Committee and management. The Board and Group Audit Committee will review and approve the plan and any periodic updates;
• Implementing the annual audit plan, as approved by the Board Audit Committee, including any appropriate tasks or projects requested by management and the Audit Committee;
• Maintaining a professional audit staff with sufficient knowledge, skills, experience and professional certifications to meet the requirements of this mandate;
• Evaluating and assessing significant merging/consolidating functions within the bank together with new or changing services, operations and control processes coincident with their development, implementation and/or expansion;
• Issuing regular reports to the Audit Committee and management summarising results of audit activities;
• Keeping the Audit Committee informed on emerging trends and successful practices in internal auditing;
• Investigating significant suspected fraudulent activities within the Bank and to notify management and the Audit Committee of the results;  
• Considering the scope of work of the external auditors and regulators, as appropriate, for the purpose of providing optimal audit coverage to the Bank and minimising duplication of effort.

Key performance measures

The key performance measures of the work undertaken by Internal Audit is to determine whether the Bank’s risk management, control, and governance processes, as designed and represented by management, are adequate and functioning in a manner to ensure:
• Risks are appropriately identified and managed;
• Interaction with the various governance groups occurs as needed;
• Significant financial, managerial and operating information is accurate, reliable and timely;
• Employees’ actions are in compliance with policies, standards and procedures;
• Resources are acquired economically, used efficiently and adequately protected;
• Programmes, plans and objectives are achieved;
• Quality and continuous improvement measures are fostered in the risk management, control and governance processes;
• Significant legislative or regulatory issues impacting the Bank are recognised and addressed appropriately.



Internal and external relationships

Internal relationships
Internal to Bank (who, why, about what)
- Continuous functional communication with the Board of Directors, Board Audit Committees, and the Group Internal Audit, Johannesburg S.A., as well as The Chief Executive Officer  administratively.
- Consult the Regional Audit Manager/Group Internal Audit, Johannesburg S.A. to get ad hoc assignments and to obtain feedback on work done.
- Liaise with Audit managers to assess inherent risk and to obtain feedback on work carried out.
- Maintain close communication with Audit Managers to provide guidance and enhance team spirit.
- Communication with the Board Audit Committee/Regional Audit Manager/Group Internal Audit on progress with regard execution and reporting on the annual audit plan.

External relationships
Maintain close relationship with External Auditors during statutory audits.
- Liaise with Central Bank Examiners in the course of audits carried out by the Regulators.
- Liaise with other banks, particularly their Internal Audit and Investigation teams to share notes
and enable a speedy resolution of investigation work.

APPLY HERE

 

TPS Head of Client Access (Country)

Position Description  

• To contribute to the articulation of a Client Access Strategy and formulate the strategic and tactical steps towards implementation of the same.


Key responsibilities

a. Overall Strategy

• Jointly responsible for articulating a country level client access strategy and execution thereof across Client Implementation, Network Management and Channel Access functions
• Develop jointly with the TPS Head a Product & Sales strategy to meet country channel aspirations, in line with the overall TPS strategy
• Understand the dynamics of Client Access with a view to assess market trends, identify new business opportunities or competitive threats across the region. Devise strategies to capture the opportunities and grow revenues
• Capture competitor intelligence and regulatory information and use it to develop or reinforce our competitive edge
• Ensure continuous and appropriate level of engagement with stakeholders involved in the delivery of the client’s channel experience, to deliver measured improvement in channel delivery from service, productivity and risk management perspectives
• Sponsor group Client Access initiatives and ensure that action plans are in place to achieve targeted results
• Initiate and co-ordinate marketing collateral in line with business strategies.

b. Leadership

• Reinforce and drive the culture of Client Access as Champions by training local teams on new rollouts and ensuring local communication sessions are held in country at least once per quarter to train RM/Sales staff on new releases and functional changes
• Act as change agent to transform our profile in the marketplace
• Be recognized by industry and peers as a business leader and an expert in continuously driving and leading product innovations. Particularly, be actively engaged in leading-edge industry developments and continuously migrate best practices within the countries in the region and Standard Bank Group



• Enhance brand value and thought leadership via authoring articles, speaking engagements, media and roundtable events
• Efficient internal and external stakeholder communication and management
• In conjunction with the reporting lines (geographic and functional) ensure that the Client Access Team is resourced appropriately at all times.
• Own the performance of all channels in the country including the problem resolution process
• To resource, lead, motivate and develop Client Access Officers
• To agree development plans for all direct reports
• To articulate a clear succession planning

c. Client Access Management

• To provide ongoing support into regional deals or RFPs and sponsor them to conclusion
• In close working coordination with the country teams, drive utilization of all electronic channels and enablement of new functionality with clients
• Identify and market-size new business opportunities and revenue pools and articulate the channel capabilities needed to seize a share of them
• Act as the main conduit for championing to Client Access activities
• Actively participate in client events and functions, conduct client surveys and focus groups to gain market intelligence, and communicate findings to the Regional Client Access Head
• Ensure that the country adopts and follows the Group Channel Methodology (Standard Operating Model) and enforce the key control standards
• Manage and participate in Client Experience Forums to entrench client centric culture
• Maintain stocklists of capabilities and points of representation of all physical and electronic channels supporting TPS clients
• Initiate and drive enhancements on channels and networks to meet client requirements
• Manage client implementations, training and post implementation reviews to support and enhance client experience.

d. Governance

• Ensure Country compliance on Audit, Control and financial reporting standards as they relate to TPS Channel.



Key Performance Metrics (Not exclusive)

Financial

• Increase revenues through channel utilization
• Shorter implementation cycles leading to faster realization of revenues
• Branch costing and pricing reviews

Non-Financial

• Management of dormancy targets
• Management and delivery of utilization targets
• Improvement of turnaround time of implementations
• Standardization of implementation procedures
• Documentary compliance
• Audit results across region

APPLY HERE

 

TPS Client Access Officer (Country)

Position Description  

• To contribute to the execution of a Client Access Strategy and formulate tactical steps towards implementation of the same.


Key responsibilities

a. Overall Strategy

• Execution of strategies across Client Implementation, Network Management and Channel Access functions
• Understand the dynamics of Client Access with a view to assess market trends, identify new business opportunities or competitive threats across the region.
• Capture competitor intelligence and regulatory information and use it to develop or reinforce our competitive edge
• Ensure continuous and appropriate level of engagement with stakeholders involved in the delivery of the client’s channel experience, to deliver measured improvement in channel delivery from service, productivity and risk management perspectives
• Sponsor group Client Access initiatives and ensure that action plans are in place to achieve targeted results
• Execute marketing collateral in line with business strategies.


b. Client Access Management

• To provide ongoing support into regional deals or RFPs and sponsor them to conclusion
• Drive utilization of all electronic channels and enablement of new functionality with clients
• Identify and market-size new business opportunities and revenue pools and articulate the channel capabilities needed to seize a share of them
• Actively participate in client events and functions, conduct client surveys to gain market intelligence, and communicate findings to the Head Client Access
• Execute the Group Channel Methodology (Standard Operating Model) and the key control standards
• Contribute to initiatives related to Client Experience Forums to entrench client centric culture


• Maintain stocklists of capabilities and points of representation of all physical and electronic channels supporting TPS clients
• Initiate enhancements on channels and networks to meet client requirements
• Manage client implementations, training and post implementation reviews to support and enhance client experience.
• Participate in training on new rollouts and functional changes
• Act as change agent to transform our profile in the marketplace
• Continuously contribute to product innovations.
• Efficient internal and external stakeholder communication and management
• Report and facilitate issues related to the performance of all channels in the country including the problem resolution process
• Participate and own personal development plans

c. Governance

• Ensure country compliance on audit, control and financial reporting standards as they relate to TPS Channel.


Key Performance Metrics (Not exclusive)

Financial

• Increase revenues through channel utilization
• Shorter implementation cycles leading to faster realization of revenues


Non-Financial

• Management of dormancy targets
• Management and delivery of utilization targets
• Improvement of turnaround time of implementations
• Standardization of implementation procedures
• Documentary compliance
• Audit results across region

APPLY HERE

 

Relationship Manager, Financial Institution

Position Description  

Objectives of the FIG RM Coverage role:

• Position the SIBTC/ Standard Bank Group as the premier regional bank for Nigerian banks;
• Increase the level of our Bank’s  product penetration to the coverage client base;
• Increase the volume/share of wallet of existing business from our coverage client base;
• Retain existing business with our coverage client base by ensuring (1) feedback to Product Houses of issues concerning the product/service etc (2) extending a relationship to the client that facilitates a superior level of service (3) ensuring pricing for the products used by the client is based on a greater understanding of the value of the relationship;

Relationship
• Forge relationships with the clients that give us some benefit of loyalty, sound reputation and regard;
• Ensure that your clients are provided with a consistent and quality coverage model across all the jurisdictions in which we touch them/their subsidiaries and on all the products on which we interact with them  
• Professionalism in all interactions with the clients (measured in quality of correspondence with the client, conduct, ability to resolve difficult issues while retaining relationship etc);
• Facilitate the Compliance and Credit process by providing the necessary access to compliance and credit information on the client and the understanding to allow for appropriate risk decisions to be taken, this may include participating in the credit discussion at PCC and or Credit Committee;  
• Track deals/product approval and execution processes to ensure that any “log jams” are escalated and resolved at relationship level in need and to be satisfied that Product Houses have delivered in accordance with Pitches/RFPs etc;
• Review the pricing of our offering to our clients at relationship level to ensure that silo product pricing does not create overall relationship value destruction;

APPLY HERE







Subscribe to FREE Job Alerts.

 



Subscribe to Job Alert
Filter Jobs
  • Location

    Industry

    Specialization

    Job Type

    Education

    Experience

Latest Jobs and Recruitment in Nigeria Today

Justjobsng.com is the fastest-growing jobs in Nigeria job listing platform .

JustJobsng is Nigeria's leading online jobs site, providing the latest job vacancies and recruitment in Nigeria in a variety of industries and locations in Nigeria.

Search for all job vacancies in Nigeria here on Nigeria’s #1 Job site. Everything latest jobs in Nigeria, Jobs in Nigeria, recruitment in Nigeria, vacancies In Nigeria and employment opportunities in Nigeria is our forte.

Browse our website and search current job opportunities that meet your search criteria. Also you can help yourself with our career resources that will assist you when preparing for an interview.

Our job services are FREE. We strive to post only genuine/Verified Jobs.

Sign up for latest jobs and recruitment offers in Nigeria today!