New Post

Rss

Showing posts with label Stanbic IBTC Recruitment. Show all posts
Showing posts with label Stanbic IBTC Recruitment. Show all posts
Friday, December 11, 2015
no image

Stanbic IBTC Graduate Trainee Program 2015








Posted: Dec 11, 2015






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.


Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.


We are recruiting to fill the position below:


Job Title: Graduate Trainee Program


Location: Nationwide


Job Description


  • Using local insights to achieve results with global impact is what our network has done for over 150years.

  • With presence in 20 African countries and offices on all continents of the globe, Stanbic IBTC (a member of Standard Bank) is constantly seeking to groom talent who are passionate about building a career.

  • If you are a fresh graduate with an extra swag or a masters degree holder between the ages of 21 and 26 years and you interested in making the most of both worlds, then you are invited to apply for our graduate trainee program.






  • The program will give you the wide-ranging exposure to different areas of our business including: Personal and business banking, Corporate and Investment banking, Risk management, Information Technology, Legal, Finance, Procurement, Marketing & Communications Human capital, Asset & Pension fund administration. etc.

  • It also affords you an opportunity to interact with a diverse group of individuals from different backgrounds, job rotation across the business pillars, international exposure, trainings working alongside and learning from product and regional experts. You will also get an opportunity to participate in a structured mentorship program.

Criteria Eligibility


  • 26 years and below

  • University graduates

  • Eligible to work in Nigeria

  • Top academic ranking; not lower than a 2.1

  • Fluent in verbal and written English

Application Closing Date
24th December, 2015.


How to Apply
Interested and qualified candidates should send their resume to: [email protected]  with the subject “Stanbic IBTC Graduate Trainee Program”


Note: Only shortlisted candidate will be contacted.


Enter Your Email below and Get Job updates (It’s Free)




Comment on this Job – Please Post Your Comments Below:


comments






Stanbic IBTC Graduate Trainee Program 2015
no image

Graduates Trainees Program at Stanbic IBTC

Company Description
Stanbic IBTC is an end-to-end financial services provider. We aim to help you manage and grow your money by providing relevant information and services. We commit to help you move from where you are to where you want to be.

Job Title: Graduate Trainees

Job Description
Using local insights to achieve results with global impact is what our network has done for over 150years. With presence in 20 African countries and offices on all continents of the globe, Stanbic IBTC, a member of Standard Bank is constantly seeking to groom talent who are passionate about building a career. If you are a fresh graduate with an extra swag or a masters degree holder between the ages of 21 and 26 years and you interested in making the most of both worlds, then you are invited to apply for our graduate trainee program. The program will give you the wide-ranging exposure to different areas of our business including: Personal and business banking, Corporate and Investment banking, Risk management, Information Technology, Legal, Finance, Procurement, Marketing & Communications Human capital, Asset & Pension fund administration. etc. It also affords you an opportunity to interact with a diverse group of individuals from different backgrounds, job rotation across the business pillars, international exposure, trainings working alongside and learning from product and regional experts. You will also get an opportunity to participate in a structured mentor ship program.

Job Qualification
BA, BSc, HND

Job Category
Finance, Accounting, Audit, Graduate Jobs, Internships

Job Location 
Lagos


Method of Application
Qualified Candidates should send their resume to careers@stanbicibtc.com with in 2 week of job post.using the job title as the subject of the mail


Application Closing Date
2 January 2016


Share this job now with friends on your Facebook, Twitter, Linkedin……Latest, most current jobs in Nigeria






Graduates Trainees Program at Stanbic IBTC
Tuesday, September 8, 2015
no image

Graduates Recruitment at Stanbic IBTC Bank

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.

Job Title: Associate, Financial Advisory

Job Field
Banking, Finance, Accounting, Audit

Key Responsibilities 
Preparation of transaction documents including Scheme documents, Take-Over Bid documents, Information Memoranda, etc.
Project and manage the implementation of transactions including coordinating other service providers e.g. printers, auditors, lawyers, etc.
To the extent required, manage interaction with relevant regulatory authorities, largely as relates to regulatory fillings
Analyse historical and projected financial statements
Conduct industry and market research and review company information
Build financial models and prepare detailed valuations
Preparation of pitch documents as well as proposals, information fliers, teasers and other marketing materials
Form a deep understanding of the domestic regulatory framework and all relevant laws and regulations
Assist with special ad-hoc projects, presentations and initiatives as assigned


Key Performance Measures
Deep industry and product knowledge
Accurately and independently develop insightful financial and pricing models
Prepare detailed valuations in a timely manner with minimal corrections
Mastery of financial statement analysis
Accurately analyze historical and projected financial statements to draw relevant insight in time to meet transaction deadlines
Support transaction origination by evaluating and analyzing the financial needs of clients and opportunities that might be inherent in client’s sector/ business
Conduct industry and market research and review company information
Clearly understands and accurately interprets and applies regulatory and legal concepts in particular CAMA, ISA, SEC Rules, NSE Rules and Pencom investment guidelines for various asset classes
Ability to independently prepare transaction documents including Prospectuses, Offering, Rights Circulars, Scheme documents, Take-Over Bid documents, Information Memoranda, etc in a timely manner with minimal errors
The ability to manage multiple projects simultaneously while maintaining a high standard of work
Ability to prioritise effectively
Manages, motivates analysts and peers and moves deals forward through effective and efficient management of the transaction team
Provides, solicits and incorporates regular feedback that improves performance
Receptive to constructive feedback
Focuses on development of self, analysts and peers
Plays an active role in training and developing analysts
Ability to communicate with colleagues and clients in clear and concise manner
Demonstrates cross-selling capabilities across entire product range
Adherence to internal Group and SICL Policies
Adherence to the SICL Procedures Manual
Actively practice good housekeeping in line with SICL guideline
Participation in activities involving broader SICL
Ensure projects are complaint with KYC, AML and Conflict Clearing requirements
Active participation in review of drafts of Rules
Other teams in Investment Banking
Client Coverage team
Stockbroking team
Global Markets team
International Business Centre team


APPLY HERE


Share this job now with friends on your Facebook, Twitter, Linkedin……Latest, most current jobs in Nigeria





Graduates Recruitment at Stanbic IBTC Bank
Monday, September 7, 2015
no image

Stanbic IBTC Bank Job Vacancy, Tuesday 8, September 2015

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.


ASSOCIATE, FINANCIAL ADVISORY


POSITION DESCRIPTION

Key responsibilities

• Preparation of transaction documents including Scheme documents, Take-Over Bid documents, Information Memoranda, etc.

• Project and manage the implementation of transactions including coordinating other service providers e.g. printers, auditors, lawyers, etc.

• To the extent required, manage interaction with relevant regulatory authorities, largely as relates to regulatory fillings

• Analyse historical and projected financial statements

• Conduct industry and market research and review company information

• Build financial models and prepare detailed valuations

• Preparation of pitch documents as well as proposals, information fliers, teasers and other marketing materials

• Form a deep understanding of the domestic regulatory framework and all relevant laws and regulations

• Assist with special ad-hoc projects, presentations and initiatives as assigned


Key performance measures – Deep industry and product knowledge

– Accurately and independently develop insightful financial and pricing models

– Prepare detailed valuations in a timely manner with minimal corrections

– Mastery of financial statement analysis

– Accurately analyze historical and projected financial statements to draw relevant insight in time to meet transaction deadlines

– Support transaction origination by evaluating and analyzing the financial needs of clients and opportunities that might be inherent in client’s sector/ business

-Conduct industry and market research and review company information

– Clearly understands and accurately interprets and applies regulatory and legal concepts in particular CAMA, ISA, SEC Rules, NSE Rules and Pencom investment guidelines for various asset classes

– Ability to independently prepare transaction documents including Prospectuses, Offering/Rights Circulars, Scheme documents, Take-Over Bid documents, Information Memoranda, etc in a timely manner with minimal errors

– Understand the structure of legal documentation Ability to review and provide constructive comments on legal documentation such as Trust Deeds as well as Agency, Issuing House, Vending, Underwriting and Purchase of Sale Agreements

– Preparation of pitch documents as well as proposals, information fliers, teasers and other marketing materials

– Execute all project responsibilities in a timely and efficient manner

– Manage the execution of transactions including coordinating other professional parties and service providers e.g. auditors, lawyers, reporting accountants, ratings agencies, printers etc to ensure seamless execution

– The ability to manage multiple projects simultaneously while maintaining a high standard of work

– Ability to prioritise effectively

– Manages/motivates analysts and peers and moves deals forward through effective and efficient management of the transaction team

– Manages proactively by thinking ahead

– Strong attention to detail

– Provides, solicits and incorporates regular feedback that improves performance

– Receptive to constructive feedback

– Focuses on development of self, analysts and peers

– Plays an active role in training and developing analysts

– Ability to communicate with colleagues and clients in clear and concise manner

– Demonstrates cross-selling capabilities across entire product range

– Edit and refine marketing materials to achieve maximum impact

– Ability to engage effectively and efficiently with client and project team

– Actively develops and manages relationship with regulator

– Focus on 4/5 industry segments and 2 business areas

– Understands and can interpret SEC Code of Conduct for Capital Market operators

– Ensure all records are kept in accordance with SICL Record Management Policy

– Adherence to internal Group and SICL Policies

– Adherence to the SICL Procedures Manual

– Actively practice good housekeeping in line with SICL guideline (includes use of Salesforce)

– Participation in activities involving broader SICL (i.e. SICL initiatives, analyst training, TGIF)

– Ensure projects are complaint with KYC, AML and Conflict Clearing requirements

– Active participation in review of drafts of Rules


Internal relationships

Other teams in Investment Banking

Client Coverage team

Stockbroking team

Global Markets team

International Business Centre team


External relationships

Clients


CLICK HERE TO APPLY


DUE DATE: 18 September, 2015



Stanbic IBTC Bank Job Vacancy, Tuesday 8, September 2015
no image

Associate, Financial Advisory Job at Stanbic IBTC Bank


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.


Effective risk management is fundamental to the business activities of the Standard Bank Group (group). While we remain committed to increasing shareholder value by developing and growing our business within our broad determined risk appetite, we are mindful of achieving this objective in line with the interests of all stakeholders.

We are recruiting to fill the position of:


Position: Associate, Financial Advisory


Job ID: 12902



Location: Nigeria
Employment Type: Full Time Permanent


Key Responsibilities


  • Preparation of transaction documents including Scheme documents, Take-Over Bid documents, Information Memoranda, etc.

  • Project and manage the implementation of transactions including coordinating other service providers e.g. printers, auditors, lawyers, etc.

  • To the extent required, manage interaction with relevant regulatory authorities, largely as relates to regulatory fillings

  • Analyse historical and projected financial statements

  • Conduct industry and market research and review company information

  • Build financial models and prepare detailed valuations

  • Preparation of pitch documents as well as proposals, information fliers, teasers and other marketing materials

  • Form a deep understanding of the domestic regulatory framework and all relevant laws and regulations

  • Assist with special ad-hoc projects, presentations and initiatives as assigned

Key Performance Measures Deep Industry and Product Knowledge

  • Accurately and independently develop insightful financial and pricing models

  • Prepare detailed valuations in a timely manner with minimal corrections

  • Mastery of financial statement analysis

  • Accurately analyze historical and projected financial statements to draw relevant insight in time to meet transaction deadlines

  • Support transaction origination by evaluating and analyzing the financial needs of clients and opportunities that might be inherent in client’s sector/ business

  • Conduct industry and market research and review company information

  • Clearly understands and accurately interprets and applies regulatory and legal concepts in particular CAMA, ISA, SEC Rules, NSE Rules and Pencom investment guidelines for various asset classes

  • Ability to independently prepare transaction documents including Prospectuses, Offering/Rights Circulars, Scheme documents, Take-Over Bid documents, Information Memoranda, etc in a timely manner with minimal errors

  • Understand the structure of legal documentation Ability to review and provide constructive comments on legal documentation such as Trust Deeds as well as Agency, Issuing House, Vending, Underwriting and Purchase of Sale Agreements

  • Preparation of pitch documents as well as proposals, information fliers, teasers and other marketing materials

  • Execute all project responsibilities in a timely and efficient manner

  • Manage the execution of transactions including coordinating other professional parties and service providers e.g. auditors, lawyers, reporting accountants, ratings agencies, printers etc to ensure seamless execution

  • The ability to manage multiple projects simultaneously while maintaining a high standard of work

  • Ability to prioritise effectively

  • Manages/motivates analysts and peers and moves deals forward through effective and efficient management of the transaction team

  • Actively develops and manages relationship with regulator

  • Focus on 4/5 industry segments and 2 business areas

  • Understands and can interpret SEC Code of Conduct for Capital Market operators

  • Ensure all records are kept in accordance with SICL Record Management Policy

  • Adherence to internal Group and SICL Policies

  • Adherence to the SICL Procedures Manual

  • Actively practice good housekeeping in line with SICL guideline (includes use of Salesforce)

  • Participation in activities involving broader SICL (i.e. SICL initiatives, analyst training, TGIF)

  • Ensure projects are complaint with KYC, AML and Conflict Clearing requirements

  • Active participation in review of drafts of Rules

  • Manages proactively by thinking ahead

  • Strong attention to detail

  • Provides, solicits and incorporates regular feedback that improves performance

  • Receptive to constructive feedback

  • Focuses on development of self, analysts and peers

  • Plays an active role in training and developing analysts

  • Ability to communicate with colleagues and clients in clear and concise manner

  • Demonstrates cross-selling capabilities across entire product range

  • Edit and refine marketing materials to achieve maximum impact

  • Ability to engage effectively and efficiently with client and project team

Internal and External Relationships

Internal Relationships:



  • Other teams in Investment Banking

  • Client Coverage team

  • Stockbroking team

  • Global Markets team

  • International Business Centre team

External Relationships:

  • Clients

Qualifications

  • Bachelor’s or equivalent Degree (minimum second class upper division)

  • Additional qualification is an added advantage

Experience

  • Minimum of three (3) years corporate finance, audit, management consulting experience

  • Good knowledge of the capital market operations is a plus

Required Competencies

Technical Competencies:



  • Knowledge of financial modelling and valuation

  • Proficient use of Microsoft Office Suite

  • Reasonable understanding of finance, accounting and economics

  • Strong business writing skills

  • Good understanding of the of laws and regulations governing mergers, acquisitions, corporate restructurings would be a plus

Personal Competencies:

  • Strong analytical and conceptual skills

  • Ability to communicate clearly and concisely both orally and in writing

  • Ability to work in teams

  • People management skills

  • Ability to work effectively under pressure with limited supervision

  • Problem solving, planning and decision making:

  • The role entails a considerable degree of problem solving, planning and decision making.

Deadline
18th September, 2015.

How to Apply
Interested and qualified candidates should:
Click here to apply online






Associate, Financial Advisory Job at Stanbic IBTC Bank
Tuesday, September 1, 2015
no image

Graduates Recruitment at Stanbic IBTC Bank

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.

Job Title: Manager: Business Solution and Recoveries

Qualification
BA, BSc, HND

Job Field
Administration, Secretarial, Banking

Description
To assume full responsibility and accountability of the portfolio of potential and existing non-performing loans under the control of PBB Credit of Stanbic IBTC Bank Plc to ensure deployment of effective recovery strategies through the introduction of best practice and maintaining appropriate and uniform recovery policies and practices across all portfolios. To work with the appropriate Business Units and Credit team to establish and implement strategies to minimize NPLs and maximise on recoveries on Written off accounts. This is achieved through the establishment of the Country Watch-list Committee and thereafter through the Watch-list Process where BS&R actively assists and oversee the Watch-list strategy with the Business Unit.
Manage and lead staff to ensure the minimisation of loss to the Stanbic IBTC Bank by constantly improving the collections on NPLs, written off accounts as well as managing the rehabilitation and retention policy, so as to have the accounts redefined as performing. Ensure that appropriate collection tactics are implemented and security items are timeously and efficiently repossessed and realised; that adequate provisions are kept and that impairment charges comply with policy guidelines; expedite recoveries on the Post Write Off portfolio to enhance profits and ultimately develop and maintain and sustain good working relationships with the other business units within the Standard Bank as well as external stakeholders.


Key Responsibilities
Compliance with statutory, regulatory and supervisory requirements, to protect the reputation of the Group and to avoid legal action/sanction in respect of regulatory compliance matters.
Utilizing effective recovery strategies to recover money on assigned NPLs and Written off accounts either in-house or by out-sourcing.
Ensure compliance to credit policies and procedures.
Report to Head of BB Evaluation, Recovery on changes and results on NPL accounts.
Liaise with business partners on monitoring of accounts in early stages of delinquencies.
Increasing awareness amongst staff of legislation and developments applicable to the business.
Rendition of periodic reports on allocated NPLs and Written off accounts.
To liaise with relevant units in ensuring adequacy of loan loss provisions in line with CBN regulations and Group standard.
Comply with all the necessary systems and controls put in place to properly manage the NPL book, and maximise the rehabilitation of watch-list accounts in arrears.
To manage and control collection strategies and campaigns within the NPL and written off environment with the aim of maximizing collection effectiveness and efficiency.
Ensure effective and efficient repossession and disposal processes, secure storage facilities to be in place, and realising any attributable security on assigned accounts.
Control and manage regularisation of accounts.
Continuously participate in re-evaluating collection process in the country.
Resolve all customer queries that arise on accounts in the NPL


Relationships
Liaise with relevant business units on developments within PBB Credit and their needs.
Co-operative relationships between the various participants in the credit recovery processes.
Participate in an effective Business Solution and Recoveries structure and team, ensuring that all the required functions are adequately and timeously addressed.
Keep abreast of statutory governance and legislation applicable to the Credit Control environment.
Comply with statutory, regulatory and supervisory requirements, to protect the reputation of the Group and to avoid legal action, sanction in respect of regulatory compliance matters.
Adherence to internal controls and regulatory requirements and enhance procedures, in need.
Report any breaches and exposures to the unit head and the division’s Regulatory Compliance Officer.
Maintain high ethical standards to prevent market abuse.
Provide relevant MI information to Head of BS&R.
Control and manage all records on action taken on accounts assigned.


Operational Management
Implement collection strategies and campaigns.
Maintain a high level of customer service.
Control and monitor assigned NPL and Written off accounts outsourced e.g Court Orders for Repossession.
Manage and maintain workflow.
Any delegated ad-hoc function from Head of BS&R.
NPL not to exceed agreed target as per KPI.
Manage the impairment charges.
Timely and accurate submission of all required returns / reports.
To provided Customer Service to internal and external customers to ensure that queries/issues are resolved expeditiously.
Co-operative relationships between the various participants in the credit recovery processes, inclusive of attorneys, liquidators, auctioneers, trustees and debt collections agencies.
Total Number of accounts accountable for as per approved organisational structure.
NPL not to exceed agreed target as per KPI.
Recoveries rate.
Continuous staff development.
Credit Risk Management: Credit Evaluation and Credit Support Units for assistance on facility and security details
Personal and Business Banking: Account Executives – for background information on new clients defaulting on payments
Personal and Business Banking: Manager, New Business – for background information on new clients defaulting on payments
Legal Department: legal advice on the most plausible method of recovery
Tracing agents: for assistance where internal tracing has been unsuccessful
Attorneys, auctioneers, and debt collections agencies in terms of Service Level Agreements


APPLY HERE


Share this job now with friends on your Facebook, Twitter, Linkedin……Latest, most current jobs in Nigeria





Graduates Recruitment at Stanbic IBTC Bank
no image

Career at Stanbic IBTC Bank, Tuesday 1, September 2015

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.


MANAGER: BUSINESS SOLUTION AND RECOVERIES


POSITION DESCRIPTION

To assume full responsibility and accountability of the portfolio (as per attached) of potential and existing non-performing loans under the control of PBB Credit of Stanbic IBTC Bank Plc to ensure deployment of effective recovery strategies through the introduction of best practice and maintaining appropriate and uniform recovery policies and practices across all portfolios. To work with the appropriate Business Units and Credit team to establish and implement strategies tominimize NPLs and maximise on recoveries on Written off accounts. This is achieved through the establishment of the Country Watchlist Committee and thereafter through the Watchlist Process where BS&R actively assists and oversee the Watchlist strategy with the Business Unit.


Manage and lead staff to ensure the minimisation of loss to the Stanbic IBTC Bank (Nigeria) by constantly improving the collections on NPLs, written off accounts as well as managing the rehabilitation and retention policy, so as to have the accounts redefined as performing. Ensure that appropriate collection tactics are implemented and security items are timeously and efficiently repossessed and realised; that adequate provisions are kept and that impairment charges comply with policy guidelines; expedite recoveries on the Post Write Off portfolio to enhance profits and ultimately develop and maintain and sustain good working relationships with the other business units within the Standard Bank as well as external stakeholders.


KEY RESPONSIBILITIES

Risk Management

• Compliance with statutory, regulatory and supervisory requirements, to protect the reputation of the Group and to avoid legal action/sanction in respect of regulatory compliance matters.

• Utilizing effective recovery strategies to recover money on assigned NPLs and Written off accounts either in-house or by out-sourcing.

• Ensure compliance to credit policies and procedures.

• Report to Head of BB Evaluation/Recovery on changes and results on NPL accounts.

• Liaise with business partners on monitoring of accounts in early stages of delinquencies.

• Increasing awareness amongst staff of legislation and developments applicable to the business.

• Rendition of periodic reports on allocated NPLs and Written off accounts.

• To liaise with relevant units in ensuring adequacy of loan loss provisions in line with CBN regulations and Group standard.

• Comply with all the necessary systems and controls put in place to properly manage the NPL book, and maximise therehabilitation of watchlist accounts in arrears.

• To manage and control collection strategies and campaigns within the NPL and written off environment with the aim of maximizing collection effectiveness and efficiency.

• Ensure effective and efficient repossession and disposal processes, secure storage facilities to be in place, and realising any attributable security on assigned accounts.

• Control and manage regularisation of accounts.

• Continuously participate in re-evaluating collection process in the country.

• Resolve all customer queries that arise on accounts in the NPL (as allocated) category.


Relationships

• Liaise with relevant business units on developments within PBB Credit and their needs.

• Co-operative relationships between the various participants in the credit recovery processes.


People Management

• Participate in an effective Business Solution and Recoveries structure and team, ensuring that all the required functions are adequately and timeously addressed.

• Keep a— of statutory governance and legislation applicable to the Credit Control environment.


Regulatory

• Comply with statutory, regulatory and supervisory requirements, to protect the reputation of the Group and to avoid legal action / sanction in respect of regulatory compliance matters.

• Adherence to internal controls and regulatory requirements and enhance procedures, in need.

• Report any breaches and exposures to the unit head and / or the division’s Regulatory Compliance Officer.

• Maintain high ethical standards to prevent market abuse.

• Provide relevant MI information to Head of BS&R.

• Control and manage all records on action taken on accounts assigned.


Operational Management

• Implement collection strategies and campaigns.

• Maintain a high level of customer service.

• Control and monitor assigned NPL and Written off accounts outsourced e.g Court Orders for Repossession.

• Manage and maintain workflow.

• Any delegated ad-hoc function from Head of BS&R.


Key performance measures

• NPL not to exceed agreed target as per KPI.

• Manage the impairment charges.

• Timely and accurate submission of all required returns / reports.

• To provided Customer Service to internal and external customers to ensure that queries/issues are resolved expeditiously.

• Co-operative relationships between the various participants in the credit recovery processes, inclusive of attorneys, liquidators, auctioneers, trustees and debt collections agencies.


Key dimensions of the job

• Total Number of accounts accountable for as per approved organisational structure.

• NPL not to exceed agreed target as per KPI.

• Recoveries rate.

• Continuous staff development.


Important relationships

Internal

• Credit Risk Management: Credit Evaluation and Credit Support Units (collaterals and account management) – for assistance on facility and security details

• Personal and Business Banking: Account Executives – for background information on new clients defaulting on payments

• Personal and Business Banking: Manager, New Business – for background information on new clients defaulting on payments

• Legal Department: legal advice on the most plausible method of recovery


External

• Tracing agents: for assistance where internal tracing has been unsuccessful

• Attorneys, auctioneers, and debt collections agencies in terms of Service Level Agreements


CLICK HERE TO APPLY


DUE DATE: 12 September, 2015



Career at Stanbic IBTC Bank, Tuesday 1, September 2015
Wednesday, August 26, 2015
no image

Graduates Recruitment at Stanbic IBTC

Stanbic IBTC Holdings is a member of Standard Bank Group which is Africa’s largest banking group ranked by assets and earnings and has been in business for more than 150 years. It is a global Bank with African roots and has extensive operations in 19 African countries including South Africa and 12 countries outside Africa including key financial centers like Europe, United States and Asia making us one of the biggest banking networks in the continent. It operates in Nigeria as Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings.

Job Title: Personal and Business Banking Compliance Manager

Job Field
Banking

Position Description
To ensure that all PBB Compliance issues are properly identified, tracked and effectively managed.
To provide necessary support to the business in respect of compliance issues.
To maintain and develop a thorough understanding of the relevant rules and regulations applicable to PBB Business units.
To maintain and develop a thorough understanding of the relevant requirements and policies applicable to the PBB business, thereby facilitating the establishment of a compliance culture.
To guide members of the PBB business to act with integrity, competence, diligence, respect and in an ethical manner in dealing with all clients.
To ensure Compliance with relevant Anti-Money Laundering and Combating the Financing of Terrorist AML/CFT legislations and related activities.
To ensure effective monitoring of all regulatory returns across the PBB businesses to ensure that such returns are rendered as and when due.
Conducting research international & local to keep abreast of current compliance and AML/CFT issues.


Key Responsibilities
Develop strong working relationships with the PBB Business units.
Provide assistance and advice on compliance issues e.g. new business, new products, new regulatory initiatives and AML/CFT.
Provide guidance on compliance requirements.
Monitor Personal Account Trading PAT within the PBB Business units and investigate potential problem areas/trades.
Assist the PBB Business units with resolution of compliance audit issues.
Conduct monitoring exercises in PBB Business units.
Assist as and when required, in the development, drafting and updating of procedures/processes/policies and related training programmes/manuals and the delivery of training that is tailored to the PBB Business unit needs.
Monitor effectively the level of compliance with policies such as Market Abuse Policy, Conflict of Interest Policy, Gift and Entertainment Policy, Outside Business Interest (OBI) Policy, Conflicts of Interest, etc.
Keep abreast with the Stanbic IBTC/Standard Bank AML operations, standards and controls.
Assist with the review of developed training material pertaining to AML/ CFT.
Attend to relevant projects or reviews and give input and perform allocated tasks in terms of all projects concerning Compliance/AML/CFT.
Assist in providing AML/CFT support to Operational areas to ensure effective implementation of controls and processes.
Assist in compliance measures and determine appropriate remedial action plans (including, where necessary, timeframes and responsibilities.


Key Performance Measure
Ensure all new products and businesses are taken through the product approval process (NPC).
Ensure that all new regulatory and or compliance initiatives are communicated to relevant PBB business units.
Identify deficiencies in AML/CFT control measures and determine appropriate remedial action plans timeframes and responsibilities with the management of the affected area.
Timely review of Compliance policies, standards, manuals, including gap analysis of regulatory requirements.
Timely rollout of Compliance Risk Management Plans CRMPs and effective monitoring of legislations and regulations applicable to PBB in line with agreed timelines.
Ensure proactive engagement and timely review of new product papers.
Co-ordinate and provide input into all AML/CFT initiatives.
Contribute to the AML/CFT framework.
Ensure necessary development and retention of AML/CFT related documentation/procedures, policies, manuals.
Assist and advice on the process to identify and monitor PEPs and other targeted high-risk persons and entities.
Actively promote, on an ongoing basis a culture of Compliance within the PBB Business units.



APPLY HERE


Share this job now with friends on your Facebook, Twitter, Linkedin……Latest, most current jobs in Nigeria





Graduates Recruitment at Stanbic IBTC
Tuesday, August 25, 2015
no image

Stanbic IBTC Job Recruitment

Stanbic IBTC Holdings is a member of Standard Bank Group which is Africa’s largest banking group ranked by assets and earnings and has been in business for more than 150 years. It is a global Bank with African roots and has extensive operations in 19 African countries including South Africa and 12 countries outside Africa including key financial centers like Europe, United States and Asia making us one of the biggest banking networks in the continent. It operates in Nigeria as Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings.

Job Title: Product Manager – Transactional & Liabilities

Job Field
Banking, Finance, Accounting, Audit

Position Description
The strategic planning, product design, product management and product performance of Personal Transactional and Liabilities Products.
Operates within a matrix business environment and uses knowledge, experience and abilities to obtain positive business outcomes;
Draws on knowledge and experience to build and implement sustainable product strategies that meet customer needs;
Identifies and executes short term initiatives to drive product performance;
Manages and co-ordinates product projects;
Looks for new ways to improve the business and new products and services to grow the business;
Understands payments and platforms
Manages the day-to-day business of the product portfolio;
Analysis’s product information to model and understand trends, behaviours and profitability;
Understands the environment and business within which the product portfolio operates.


Key Responsibilities
Business growth & sustainability
Product performance & profitability-financial performance
Product target setting-budgeting
Product alignment with customer value propositions and the business operating model
Development & implementation of product and funding strategies
Conceptualisation & implementation of new products/services
Identification of new business, revenue and cost reduction opportunities
Effective product interest rate management and product pricing
Product process enhancements, re-engineering
Development of product sales, service tools
Product support to network
Customer and branch query resolution
Conceptualisation and drive of business campaigns
General product management
Delivery of key projects
Monitoring, understanding and reacting to business/competitive environment
Provision of appropriate management information


Key Performance Measures Financial 
Liabilities deposit balance growth
Effective Margin Management
Account management
Product revenues net interest income and non-interest income
Product costs
Optimisation of profit


Customer
Develop and understand core customer insights
Sales/cross sell strategies aligned to overall customer offerings
Customer Information
Product training material


Product Management
Grow the deposit base
Support sales and distribution across segments
Retention and management of existing deposits
Product Insights and analysis by segment
Tactical marketing initiatives
Competitor Analysis
New Product Development


Improve Efficiencies and Effectiveness
End to end processing across all channels
Account maintenance and management
Legal and compliance


APPLY HERE


Share this job now with friends on your Facebook, Twitter, Linkedin……Latest, most current jobs in Nigeria





Stanbic IBTC Job Recruitment
no image

Latest Job Placement at Stanbic IBTC Bank



Stanbic IBTC Holdings is a member of Standard Bank Group which is Africa’s largest banking group ranked


by assets and earnings and has been in business for more than 150 years. It is a global Bank with African roots and has extensive operations in 19 African countries including South Africa and 12 countries outside Africa including key financial centers like Europe, United States and Asia making us one of the biggest banking networks in the continent. It operates in Nigeria as Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings.


Stanbic IBTC Holdings’ strategy is to position itself as the leading end-to-end financial services solutions provider in Nigeria. The group leverages on our market exposure to offer expert services in three core business areas – Corporate and Investment banking; Personal and Business banking and Wealth management under 8 subsidiaries.


We strive to serve all our customers exceptionally as well as invest in the growth of our people and support them to achieve their career aspirations.



Product Manager – Transactional & Liabilities



 



Position Description



Job purpose
The strategic planning, product design, product management and product performance of Personal Transactional and Liabilities Products.

Key dimensions of the job
• Operates within a matrix business environment and uses knowledge, experience and abilities to obtain positive business outcomes;
• Draws on knowledge and experience to build and implement sustainable product strategies that meet customer needs;
• Identifies and executes short term initiatives to drive product performance;
• Manages and co-ordinates product projects;
• Looks for new ways to improve the business and new products and services to grow the business;
• Understands payments and platforms
• Manages the day-to-day business of the product portfolio;
• Analysis’s product information to model and understand trends, behaviours and profitability;
• Understands the environment and business within which the product portfolio operates.


Key responsibilities
• Business growth & sustainability
• Product performance & profitability (financial performance)
• Product target setting (budgeting)
• Product alignment with customer value propositions and the business operating model
• Development & implementation of product and funding strategies
• Conceptualisation & implementation of new products/services
• Identification of new business, revenue and cost reduction opportunities
• Effective product interest rate management and product pricing
• Product process enhancements/re-engineering
• Development of product sales / service tools
• Product support to network
• Customer and branch query resolution
• Conceptualisation and drive of business campaigns
• General product management
• Delivery of key projects
• Monitoring, understanding and reacting to business/competitive environment
• Provision of appropriate management information


Key performance measures Financial
• Liabilities deposit balance growth
• Effective Margin Management
• Account management
• Product revenues (net interest income and non-interest income)
• Product costs
• Optimisation of profit


Customer
• Develop and understand core customer insights
• Sales/cross sell strategies aligned to overall customer offerings
• Customer Information
• Product training material


Product management
• Grow the deposit base
• Support sales and distribution across segments
• Retention and management of existing deposits
• Product Insights and analysis by segment
• Tactical marketing initiatives
• Competitor Analysis
• New Product Development


Improve Efficiencies and Effectiveness
• End to end processing across all channels
• Account maintenance and management
• Legal and compliance





Method of Application



Interested and suitably qualified candidates should click here to apply online.



Latest Job Placement at Stanbic IBTC Bank
Monday, August 24, 2015
no image

Stanbic IBTC Bank Latest Job, Tuesday, 25, August 2015

Stanbic IBTC Holdings is a member of Standard Bank Group which is Africa’s largest banking group ranked by assets and earnings and has been in business for more than 150 years. It is a global Bank with African roots and has extensive operations in 19 African countries including South Africa and 12 countries outside Africa including key financial centers like Europe, United States and Asia making us one of the biggest banking networks in the continent. It operates in Nigeria as Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings.


Stanbic IBTC Holdings’ strategy is to position itself as the leading end-to-end financial services solutions provider in Nigeria. The group leverages on our market exposure to offer expert services in three core business areas – Corporate and Investment banking; Personal and Business banking and Wealth management under 8 subsidiaries.


We strive to serve all our customers exceptionally as well as invest in the growth of our people and support them to achieve their career aspirations.


PRODUCT MANAGER – TRANSACTIONAL & LIABILITIES


POSITION DESCRIPTION

JOB PURPOSE

The strategic planning, product design, product management and product performance of Personal Transactional and Liabilities Products.


KEY DIMENSIONS OF THE JOB

• Operates within a matrix business environment and uses knowledge, experience and abilities to obtain positive business outcomes;

• Draws on knowledge and experience to build and implement sustainable product strategies that meet customer needs;

• Identifies and executes short term initiatives to drive product performance;

• Manages and co-ordinates product projects;

• Looks for new ways to improve the business and new products and services to grow the business;

• Understands payments and platforms

• Manages the day-to-day business of the product portfolio;

• Analysis’s product information to model and understand trends, behaviours and profitability;

• Understands the environment and business within which the product portfolio operates.


KEY RESPONSIBILITIES

• Business growth & sustainability

• Product performance & profitability (financial performance)

• Product target setting (budgeting)

• Product alignment with customer value propositions and the business operating model

• Development & implementation of product and funding strategies

• Conceptualisation & implementation of new products/services

• Identification of new business, revenue and cost reduction opportunities

• Effective product interest rate management and product pricing

• Product process enhancements/re-engineering

• Development of product sales / service tools

• Product support to network

• Customer and branch query resolution

• Conceptualisation and drive of business campaigns

• General product management

• Delivery of key projects

• Monitoring, understanding and reacting to business/competitive environment

• Provision of appropriate management information


Key performance measures Financial

• Liabilities deposit balance growth

• Effective Margin Management

• Account management

• Product revenues (net interest income and non-interest income)

• Product costs

• Optimisation of profit


Customer

• Develop and understand core customer insights

• Sales/cross sell strategies aligned to overall customer offerings

• Customer Information

• Product training material


Product management

• Grow the deposit base

• Support sales and distribution across segments

• Retention and management of existing deposits

• Product Insights and analysis by segment

• Tactical marketing initiatives

• Competitor Analysis

• New Product Development


Improve Efficiencies and Effectiveness

• End to end processing across all channels

• Account maintenance and management

• Legal and compliance


CLICK HERE TO APPLY


DUE DATE: 7 September, 2015



Stanbic IBTC Bank Latest Job, Tuesday, 25, August 2015
Thursday, August 13, 2015
no image

Current Job at Stanbic IBTC Bank

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.

Job Title: Team Lead – Loan Booking Unit

Job Field
Banking

Job Purpose 
To carry out credit procedures, maintain a tight control over all aspects of advance administration, with the primary objective to contain credit risk within acceptable parameters by ensuring accurate and timely booking of all Business Banking deals while ensuring compliance with all conditions as stipulated in the sanction.
Ensure consistent service delivery, meeting the needs of both existing and new business clients


Key Responsibilities 
Review conditions precedent checklist  to approve for  draw down of all Personal Banking facilities once satisfied that all terms and conditions of sanction, covenants have been met and all required collateral have been obtained and are in legal order
Ensure the Covenant tracker is updated with all covenants as stated on the sanction document by the CEM before signing off for disbursement.
Ensure proper follow-up on deferrals items to ensure same are regularized within the stipulated time frame and escalate deviations to Team Lead BB CRM for inclusion in the watch-list report.
Authorize disbursement of all Personal Banking deals on the Core Banking software.
Ensure CBN CRMS reporting on all customers with a cumulative exposure of N1 million
Ensure PAS take-up of all UPLs, VAF and Home loans deal
Ensure that Credit files are kept in perfect order in line with the CBN’s basic Credit Files requirement.
Ensure take up and actioning of issues raised on Remedy with respect to personal loans.
Ensure unverified record exception report is spooled on Cognos daily and loan repayment exception report spooled weekly.
Responding to queries and resolving issues pertaining to limits loaded on both the Core Banking software and HP&L
Ensure proper coordination of the team to achieve its objectives
Any other responsibility assigned by the Unit Head.


Key Performance Measures 
Risk Management
Maintain a high quality-lending book, through the judicious and effective management thereof.
Customer service, performance measurement
Add value to PBB Banking by delivering a prompt, efficient and professional risk management service.


APPLY HERE


Share this job now with friends on your Facebook, Twitter, Linkedin……Latest, most current jobs in Nigeria





Current Job at Stanbic IBTC Bank
Tuesday, August 11, 2015
no image

Managerial Job at Stanbic IBTC Bank

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.

Job Title: Manager, Resourcing


Job Field
Administration, Secretarial, Human Resources, HR

Position Description
Achieve staffing objectives for the business through effective workforce planning, proactive candidate sourcing, candidate evaluation, advisory and market intelligence aligned to business needs.


Key Responsibilities 
Review resourcing needs of the business and develop recruitment strategies for the organization and define sourcing strategies.
Managing and driving the resourcing governance process, review all job adverts to ensure audit
readiness and they are in line with statutory requirements.
Continually review the resourcing process to ensure they align with best practice and serve as a guide to interviewers and others involved in the recruitment process.
Participate in interviews for candidates as necessary, providing other members of the panel with required information and relevant rules and ensuring procedures are adhered to accordingly.
Oversee the conduct of the pre-employment assessments.
Monitor recruitment activities through the online recruitment portal and external recruitment agencies, to ensure service level agreements are being adhered to.
Assist in the streamlining and continuous improvement of internal and external recruitment and selection methods and approaches.
Ensuring recruitment deadlines from Human Capital (HC) Business Partners and other Business Partners are met
Provision of regular reports detailing recruitment and selection activities in the business.
Ensures there is an annual approved Workforce plan in place; viz-a-viz, supporting the BUHs and HCBPs planning, preparing and deploying according to the Workforce plan.


Key Performance Measures
Improved process and Turn Around Time
Reduced vacancy factor across business area
Monthly recruitment metrics
Prompt feedback to Business/Line Managers on recruitment process
Operational excellence i.e. zero audit findings


APPLY HERE





Managerial Job at Stanbic IBTC Bank
no image

Managerial Job at Stanbic IBTC Bank

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.

Job Title: Manager, Resourcing

Job Field
Administration, Secretarial, Human Resources, HR

Position Description
Achieve staffing objectives for the business through effective workforce planning, proactive candidate sourcing, candidate evaluation, advisory and market intelligence aligned to business needs.


Key Responsibilities 
Review resourcing needs of the business and develop recruitment strategies for the organization and define sourcing strategies.
Managing and driving the resourcing governance process, review all job adverts to ensure audit readiness and they are in line with statutory requirements.
Continually review the resourcing process to ensure they align with best practice and serve as a guide to interviewers and others involved in the recruitment process.
Participate in interviews for candidates as necessary, providing other members of the panel with required information and relevant rules and ensuring procedures are adhered to accordingly.
Oversee the conduct of the pre-employment assessments.
Monitor recruitment activities through the online recruitment portal and external recruitment agencies, to ensure service level agreements are being adhered to.
Assist in the streamlining and continuous improvement of internal and external recruitment and selection methods and approaches.
Ensuring recruitment deadlines from Human Capital (HC) Business Partners and other Business Partners are met
Provision of regular reports detailing recruitment and selection activities in the business.
Ensures there is an annual approved Workforce plan in place; viz-a-viz, supporting the BUHs and HCBPs planning, preparing and deploying according to the Workforce plan.


Key Performance Measures 
Improved process and Turn Around Time
Reduced vacancy factor across business area
Monthly recruitment metrics
Prompt feedback to Business/Line Managers on recruitment process
Operational excellence i.e. zero audit findings


APPLY HERE


Share this job now with friends on your Facebook, Twitter, Linkedin……Latest, most current jobs in Nigeria





Managerial Job at Stanbic IBTC Bank
Monday, August 10, 2015
no image

Fresh Job Vacancy at Stanbic IBTC Bank


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.


Manager, Resourcing



 



Position Description


Achieve staffing objectives for the business through effective workforce planning, proactive candidate sourcing, candidate evaluation, advisory and market intelligence aligned to business needs.

Key responsibilities
• Review resourcing needs of the business and develop recruitment strategies for the organization and define sourcing strategies.
• Managing and driving the resourcing governance process, review all job adverts to ensure audit readiness and they are in line with statutory requirements.
• Continually review the resourcing process to ensure they align with best practice and serve as a guide to interviewers and others involved in the recruitment process.
• Participate in interviews for candidates as necessary, providing other members of the panel with required information and relevant rules and ensuring procedures are adhered to accordingly.
• Oversee the conduct of the pre-employment assessments.
• Monitor recruitment activities through the online recruitment portal and external recruitment agencies, to ensure service level agreements are being adhered to.
• Assist in the streamlining and continuous improvement of internal and external recruitment and selection methods and approaches.
• Ensuring recruitment deadlines from Human Capital (HC) Business Partners and other Business Partners are met
• Provision of regular reports detailing recruitment and selection activities in the business.
• Ensures there is an annual approved Workforce plan in place; viz-a-viz, supporting the BUHs and HCBPs planning, preparing and deploying according to the Workforce plan.


Key performance measures
• Improved process and Turn Around Time
• Reduced vacancy factor across business area
• Monthly recruitment metrics
• Prompt feedback to Business/Line Managers on recruitment process
• Operational excellence i.e. zero audit findings




Method of Application
Interested and suitably qualified candidates should click here to apply online.




Fresh Job Vacancy at Stanbic IBTC Bank
Thursday, August 6, 2015
no image

Several Job Vacancies at Stanbic IBTC Bank



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.



Manager, Financial Integrity



 



Position Description



Job purpose
• Create direction and focus for effective operation of the regulatory reporting function of Finance.
• Implement effective risk management processes in the department
• Drive the implementation of best practices in capital management.

Key responsibilities
• Take responsibility for the completion of all aspects of the regulatory returns.
• Understand the requirements for regulatory reporting for the Bank and keep the bank up to date on regulatory changes.
• Coordinate CBN annual routine examinations.
• Attend to all queries coming from the submitted EFASS returns, and other ad-hoc requests from the regulators.
• Develop a financial risk dashboard and compliance framework for the department.


Key performance measures
• Ensure that all external reporting requirements are timeously met, including preparation of periodic regulatory returns in compliance with CBN/NDIC/FRCN guidelines.
• Ensure that all regulatory ratios are complied with.
• Zero
• Prompt resolution of all regulatory audit issues.
• Implementation of best practices in capital management.
• Implementation of best practices in risk management.





Asset Custodians





  • LocationAdamawa, Borno, Kaduna, Kano, Katsina, Taraba




 



Position Description



Purpose of Job
Ensure the availability of treasury cash, reserve and blank forms. Ensure the availability of a fully functional cash service to tellers including the custody and balancing of Vault cash, processing of vault deposits, withdrawal and handling of related reports. Control treasury cash, blank forms, safe custody items and duplicate keys .Understand and manage the risks associated with the custody of these items as well as the changes in the custody of assets through an effective system of controls. Maintain a high level of integrity and ethical standards. Ensure that the correct security procedures are adhered to when cash is moved to agencies and delivered to/collected from Cash Management Unit. Effectively manage cash to ensure vault approved limits are not exceeded.

Key Functions:


Asset Custodianship
• Ensure that laid-down instructions for the handling and movement of treasury cash to and from tellers and SBV are adhered to
• Ensure that current stock of blank forms received is recorded and signed for according to laid-down procedures
• Ensure that record keeping is carried out according to laid-down instructions for treasury cash, blank forms and safe custody items
• Ensure that swept deposits are correctly handled in terms of the laid down instructions
• Ensure that all Irregular Items have been handled before the end of the day


Monitoring of cash holdings
• Ensure that cash holdings do not exceed prescribed limits
• Ensure that sufficient cash levels are maintained to meet customer requirements


ATM up-time
• Ensure that Auto Bank and Auto Cash terminals are always adequately stocked with cash and stationery
• Maintain close liaison with the Auto Bank Control Center to ensure that equipment problems are dealt with promptly
• Ensure that potential faults that could cause equipment to malfunction are identified and resolved on time
• Ensure that all ATM terminals are kept clean and maintained in good condition.


ATM Cash Management
• Control ATM cash according to laid-down instructions
• Balance cash at the required intervals
• Report and action differences in ATM cash promptly
• Ensure that ATM cash is safeguarded against unnecessary and preventable loss


Reports
• Action ATM reports as listed on the Duty List promptly in terms of laid-down instructions
• Reconcile ATM cash daily
• Action Care Suspects accurately and on time, resulting in reduced operating losses


Problem Solving
• Follow standardized routine procedures for control purposes
• Draw on experience of branch cash requirements and cyclical impacts on cash resources to plan for fluctuating cash demands and optimize cash holdings
• Plan and execute regular maintenance requirements for ATM terminals, and deal with day to day unexpected interruptions to service in order to maximize productivity
• Ability to attend to customer queries in a timely manner.
• Sound recall of procedures and previous experiences, in order to recognize the appropriate solution to each situation
• Resourceful, finding practical ways to efficiently deal with voluminous workloads, and remain focused on priority issues


Planning
• Planning is on a daily to weekly basis within regular activity cycles


Decision making
• Understand the impact of ATM services provided, the interrelatedness of the services provided to branch staff, and the impact on customers.
• Work within set policy, procedures, system parameters and internal controls. Able to respect authority and take instructions





Method of Application



Interested and suitably qualified candidates should click on preferred job titles to apply online.




Several Job Vacancies at Stanbic IBTC Bank
Monday, July 27, 2015
no image

Stanbic IBTC Bank Recruiting


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.


Position: E-business Risk Analyst




Job purpose


The E business, risk analyst role is part of an integrated group wide organization dedicated to bring the organization’s information risks under explicit management control in order to prevent significant reputational, financial or other loss to Stanbic IBTC and its clients. This is being achieved through the efficient and effective application of risk and information systems business (electronic business) expertise to identify risk areas within existing and proposed solutions. The role performs the following activities:

• Review effectiveness of control implementation of Key Controls and Business Specific Control 

• Support Business lines, e-business, Operational Risk and the SBG Information Risk Office for the successful treatment of risks across all information system platforms.


Key responsibilities


Review effectiveness of control implementation of Key Controls and Business Specific Control

• Tracking and monitoring of control gaps and action plans.

• Provide Information Risk specific content to business partners and IR stakeholders

• Provide insight to the dynamic threat landscape across relevant e-business (i.e. payments and collection) platforms positioning the banks’ risk posture against these trends

• Analyse, correlate and reconstruct events where business operations related risk incidents have occurred within the Bank, determining the root cause, and proposing alternatives to prevent recurrence.

• Define the necessary procedures to drive information risk management on major business initiatives / projects, providing control advice and measuring control effectiveness and efficiency.

• Awareness of Technology and electronic business risk threat landscape as it relates to the Bank

• Identify trends and mitigation approaches to business challenges in business operations.

• Advise on information system risks and threat trends to new business opportunities in the e-business world.

• Provide a holistic view of the risks to the bank’s e-business platforms introduced by personnel, processes, technology and external events.


Support Business lines, e-business, Operational Risk and the SBG Information Risk Office for the successful treatment of risks across all information system platforms.

• Support the ongoing knowledge management and formalization of what risks and threats the group faces and how they are being addressed. 

• Support incident response planning and investigation of customer data breaches, and assist with disciplinary and legal matters associated with such breaches as necessary.

• Initiate, facilitate, and promote activities to create risk awareness within the organization, including awareness of information risk related regulatory issues that have a potential impact to the environment in alignment with group wide awareness activities. 

• Support the engagement process of risk assessments and acts as a liaison with business lines to deliver value to the business.

• Establish cooperative dialogue between Operational Risk, e-business, Financial Crime Control, and IT Security by visible and consistent action.

• Promote self-compliance to information risk governance standards, policies and standards.

• Develop business personnel knowledge to ensure better information protection and management

• Support relationship with vendors and suppliers to ensure full value of contracts is realised.

• Promote a continuous awareness of information risk value to ensure timely engagement by business managers.


• Highlight effectiveness of risk identification and implementation of key and business specific controls 

• Monitor external and internal compliance requirements on all payments and collection platforms as well as other related systems

• Assessment of the control environment with specific reference to high risks identified and key controls implemented by 3rd parties. 

• Recommendations on process and control gaps.


 


How to Apply 






Stanbic IBTC Bank Recruiting
Sunday, July 26, 2015
no image

Fresh Opportunities at Stanbic IBTC Bank



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.



Manager: Business Solution and Recoveries



 



Position Description



To assume full responsibility and accountability of the portfolio (as per attached) of potential and existing non-performing loans under the control of PBB Credit of Stanbic IBTC Bank Plc to ensure deployment of effective recovery strategies through the introduction of best practice and maintaining appropriate and uniform recovery policies and practices across all portfolios. To work with the appropriate Business Units and Credit team to establish and implement strategies to minimize NPLs and maximise on recoveries on Written off accounts. This is achieved through the establishment of the Country Watchlist Committee and thereafter through the Watchlist Process where BS&R actively assists and oversee the Watchlist strategy with the Business Unit.

Manage and lead staff to ensure the minimisation of loss to the Stanbic IBTC Bank (Nigeria) by constantly improving the collections on NPLs, written off accounts as well as managing the rehabilitation and retention policy, so as to have the accounts redefined as performing. Ensure that appropriate collection tactics are implemented and security items are timeously and efficiently repossessed and realised; that adequate provisions are kept and that impairment charges comply with policy guidelines; expedite recoveries on the Post Write Off portfolio to enhance profits and ultimately develop and maintain and sustain good working relationships with the other business units within the Standard Bank as well as external stakeholders.


Key responsibilities


Risk Management


• Compliance with statutory, regulatory and supervisory requirements, to protect the reputation of the Group and to avoid legal action/sanction in respect of regulatory compliance matters.
• Utilizing effective recovery strategies to recover money on assigned NPLs and Written off accounts either in-house or by out-sourcing.
• Ensure compliance to credit policies and procedures.
• Report to Head of BB Evaluation/Recovery on changes and results on NPL accounts.
• Liaise with business partners on monitoring of accounts in early stages of delinquencies.
• Increasing awareness amongst staff of legislation and developments applicable to the business.
• Rendition of periodic reports on allocated NPLs and Written off accounts.
• To liaise with relevant units in ensuring adequacy of loan loss provisions in line with CBN regulations and Group standard.
• Comply with all the necessary systems and controls put in place to properly manage the NPL book, and maximise the rehabilitation of watchlist accounts in arrears.
• To manage and control collection strategies and campaigns within the NPL and written off environment with the aim of maximizing collection effectiveness and efficiency.
• Ensure effective and efficient repossession and disposal processes, secure storage facilities to be in place, and realising any attributable security on assigned accounts.
• Control and manage regularisation of accounts.
• Continuously participate in re-evaluating collection process in the country.
• Resolve all customer queries that arise on accounts in the NPL (as allocated) category.


Relationships


• Liaise with relevant business units on developments within PBB Credit and their needs.
• Co-operative relationships between the various participants in the credit recovery processes.


People Management
• Participate in an effective Business Solution and Recoveries structure and team, ensuring that all the required functions are adequately and timeously addressed.
• Keep abreast of statutory governance and legislation applicable to the Credit Control environment.


Regulatory


• Comply with statutory, regulatory and supervisory requirements, to protect the reputation of the Group and to avoid legal action / sanction in respect of regulatory compliance matters.
• Adherence to internal controls and regulatory requirements and enhance procedures, in need.
• Report any breaches and exposures to the unit head and / or the division’s Regulatory Compliance Officer.
• Maintain high ethical standards to prevent market abuse.
• Provide relevant MI information to Head of BS&R.
• Control and manage all records on action taken on accounts assigned.


Operational Management
• Implement collection strategies and campaigns.
• Maintain a high level of customer service.
• Control and monitor assigned NPL and Written off accounts outsourced e.g Court Orders for Repossession.
• Manage and maintain workflow.
• Any delegated ad-hoc function from Head of BS&R.


Key performance measures


• NPL not to exceed agreed target as per KPI.
• Manage the impairment charges.
• Timely and accurate submission of all required returns / reports.
• To provided Customer Service to internal and external customers to ensure that queries/issues are resolved expeditiously.
• Co-operative relationships between the various participants in the credit recovery processes, inclusive of attorneys, liquidators, auctioneers, trustees and debt collections agencies.


Key dimensions of the job


• Total Number of accounts accountable for as per approved organisational structure.
• NPL not to exceed agreed target as per KPI.
• Recoveries rate.
• Continuous staff development.


Important relationships


Internal
• Credit Risk Management: Credit Evaluation and Credit Support Units (collaterals and account management) – for assistance on facility and security details
• Personal and Business Banking: Account Executives – for background information on new clients defaulting on payments
• Personal and Business Banking: Manager, New Business – for background information on new clients defaulting on payments
• Legal Department: legal advice on the most plausible method of recovery


External
• Tracing agents: for assistance where internal tracing has been unsuccessful
• Attorneys, auctioneers, and debt collections agencies in terms of Service Level Agreements





E-business Risk Analyst



 



Position Description



Job purpose



The E business, risk analyst role is part of an integrated group wide organization dedicated to bring the organization’s information risks under explicit management control in order to prevent significant reputational, financial or other loss to Stanbic IBTC and its clients. This is being achieved through the efficient and effective application of risk and information systems business (electronic business) expertise to identify risk areas within existing and proposed solutions. The role performs the following activities:
• Review effectiveness of control implementation of Key Controls and Business Specific Control
• Support Business lines, e-business, Operational Risk and the SBG Information Risk Office for the successful treatment of risks across all information system platforms.

Key responsibilities





Review effectiveness of control implementation of Key Controls and Business Specific Control



• Highlight effectiveness of risk identification and implementation of key and business specific controls
• Monitor external and internal compliance requirements on all payments and collection platforms as well as other related systems
• Assessment of the control environment with specific reference to high risks identified and key controls implemented by 3rd parties.
• Recommendations on process and control gaps.
• Tracking and monitoring of control gaps and action plans.
• Provide Information Risk specific content to business partners and IR stakeholders
• Provide insight to the dynamic threat landscape across relevant e-business (i.e. payments and collection) platforms positioning the banks’ risk posture against these trends
• Analyse, correlate and reconstruct events where business operations related risk incidents have occurred within the Bank, determining the root cause, and proposing alternatives to prevent recurrence.
• Define the necessary procedures to drive information risk management on major business initiatives / projects, providing control advice and measuring control effectiveness and efficiency.
• Awareness of Technology and electronic business risk threat landscape as it relates to the Bank
• Identify trends and mitigation approaches to business challenges in business operations.
• Advise on information system risks and threat trends to new business opportunities in the e-business world.
• Provide a holistic view of the risks to the bank’s e-business platforms introduced by personnel, processes, technology and external events.



Support Business lines, e-business, Operational Risk and the SBG Information Risk Office for the successful treatment of risks across all information system platforms.
• Support the ongoing knowledge management and formalization of what risks and threats the group faces and how they are being addressed.
• Support incident response planning and investigation of customer data breaches, and assist with disciplinary and legal matters associated with such breaches as necessary.
• Initiate, facilitate, and promote activities to create risk awareness within the organization, including awareness of information risk related regulatory issues that have a potential impact to the environment in alignment with group wide awareness activities.
• Support the engagement process of risk assessments and acts as a liaison with business lines to deliver value to the business.
• Establish cooperative dialogue between Operational Risk, e-business, Financial Crime Control, and IT Security by visible and consistent action.
• Promote self-compliance to information risk governance standards, policies and standards.
• Develop business personnel knowledge to ensure better information protection and management
• Support relationship with vendors and suppliers to ensure full value of contracts is realised.
• Promote a continuous awareness of information risk value to ensure timely engagement by business managers.



Method of Application



Interested and suitably qualified candidates should click on preferred job titles to apply online.




Fresh Opportunities at Stanbic IBTC Bank
Copyright © 2014 Jobs in Lagos- Recent and current Lagos jobs All Right Reserved