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Monday, August 25, 2014

Fresh 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.

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:

Risk Governance Manager


  • Job TypeFull Time

  • Qualification                BA/BSc/HND  
  • Job FieldBanking  
Position Description
To support the Head of Risk Governance in providing assurance on the effectiveness of the risk governance architecture in Stanbic IBTC Holdings.



Key Responsibilities
Generic to All Risk Types
- Support the Head of Risk Governance in embedding Risk Standards; Policies and Procedures, Mandates and other related governance documentation.
- Facilitate the quarterly attestation framework.
- Provide an effective custodial service (maintenance, review and management) of the risk suite of governance documents in terms of defined review cycles.
- Ensure that reviews and actioning of waivers, dispensations and carve-outs granted under the policies are conducted and progress made to resolve the dispensations.
- Ensure that procedures are reviewed and updated annually.

Risk Governance Architecture Optimisation
- Support the Head of Risk Governance in conducting ongoing assessments of the entities Risk Governance architecture to ensure it remains relevant and efficient and is aligned to the Group Standards and industry / best practice.
- Analyse quarterly Risk type key risk indicators (KRI) trends to gauge the potential impact on the appropriateness of the architecture.
- Recommend improvements and provide solutions based on the outcome of assessments.
- Any other activity as assigned by the HoR

Key performance measures
- Accuracy of reports/risk analytics to aid decision making
- Timely resolution to problems, queries
- Well organized and accessible information from folders and databases
- Quality of presentation slides
- Timely submission of deliverables with minimal errors

Key dimensions of the job

- Supports Head of Risk Governance.
- Ensure accuracy of reports and timely conclusion of assigned projects / tasks


 

Audit Manager - CIB


  • Job TypeFull Time

  • Qualification                BA/BSc/HND  
  • LocationLagos

  • Job Field
  • Finance / Accounting / Audit  
Position Description
• To ensure that the internal audit function of the Bank provides quality services that complies with internal and international auditing standards and management expectations.
• To effectively and efficiently carry out planned assignments approved by the Head of Internal Audit.

Key responsibilities
•  Having strong understanding of the business.
• Developing and executing a robust Audit Plan by business entity, in accordance with internal policies, government regulations and Internal Audit professional practice standards.
• Performing/leading audits in accordance with Group Internal Audit (GIA) methodology and professional practice standards; drafting of audit reports; presenting issues to the business; and discussing practical solutions.
• Managing audit activities for a product line, process/function or legal entity.
• Applying in-depth level of expertise in several of the Bank’s functions including: corporate and investment banking, transactional products and services, and the treasury.
• Understanding the interconnectedness of products and support units throughout the Bank and how they impact on the area of responsibility.
• Delivering timely high quality audit reports; all reports emanating from the department should be checked for correctness.
• Managing a small to medium sized team of audit professionals; recruiting staff; developing talent; building effective teams and leading their professional development.
• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties.
• Maintaining mutually beneficial relationships with business line management, external auditors, regulators and Group Internal Audit and providing them with periodic reports when required.
• Maintaining the use of best practices by researching and adopting new audit techniques where relevant.
• Monitoring staff performance standards for purposes of motivation, disciplining, counselling and rewarding.
• Reporting monthly and quarterly and annual audit results; issues validation;
• Participating in major Bank initiatives and proactively providing advice and assistance on change initiatives.

Key performance measures

• Meeting quarterly audit plan targets.
• Submission of monthly, quarterly and annual reports to GIA and senior management.
• Budgetary expenditure variances to be positive.
• Level of legitimate complaints from customers and team to be nil or minimum.
• Positive feedback from Head, Internal Audit.
• Positive feedback from Internal Auditors

Internal relationships
• Continuous communication with the Head, CIB/Wealth Audit to get advice and guidance.
• Consult with the Head, CIB/Wealth Audit to get ad hoc assignments and to obtain feedback on work done.
• Hold regular Portfolio Management discussions with auditee/stakeholder management to assess inherent risks and to obtain feedback on work carried out.
• Maintain close communication with Internal Audit team to provide guidance and enhance team spirit.
• Communication with the Head, CIB/Wealth Audit on progress with regard to 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.
• Relate with labour unions where necessary


Internal Auditor


  • Job TypeFull Time

  • QualificationBA/BSc/HND  

  • LocationLagos

  • Job FieldFinance / Accounting / Audit  
Position Description
• To ensure that the internal audit function of the Bank provides quality services that complies with internal and international auditing standards and management expectations.
• To effectively and efficiently carry out planned assignments approved by the Head of Internal Audit.

Key responsibilities
• Having strong understanding of bank operations.
• Performing/leading audits in accordance with Group Internal Audit (GIA) methodology and professional practice standards; drafting of audit reports; presenting issues to the business; and discussing practical solutions.
• Applying in-depth level of expertise in branch banking operations including: ATM/Vault management, Credit, blank forms handling, physical security, etc.
• Understanding the interconnectedness of products and support units throughout the Bank and how they impact on the area of responsibility.
• Delivering timely high quality audit reports
• Upholding the highest possible quality of services through various quality control checks and appropriate allocation of duties.
• Maintaining the use of best practices by researching and adopting new audit techniques where relevant.
• Reporting monthly and quarterly and annual audit results; issues validation;
• Participating in major Bank initiatives and proactively providing advice and assistance on change initiatives.

Key performance measures
• Meeting quarterly audit plan targets.
• Submission of monthly, quarterly and annual reports to GIA and senior management.
• Budgetary expenditure variances to be positive.
• Level of legitimate complaints from customers and team to be nil or minimum.
• Positive feedback from Head, Internal Audit
• Positive feedback from Internal Auditors.

Internal relationships
• Continuous communication with the Team Lead or Head, PBB/Business Support Audit to get advice and guidance.
• Consult with the Team Lead or Head, PBB/Business Support Audit to get ad hoc assignments and to obtain feedback on work done.
• Hold regular Portfolio Management discussions with auditee/stakeholder management to assess inherent risks and to obtain feedback on work carried out.
• Communication with the Team Lead or Head, PBB/Business Support Audit on progress with regard to the annual audit plan.

External relationships
• Relate with labour unions where necessary.
• Develop and maintain relationships with External Audit Institutions and Regulators to receive guidance and keep abreast with changes and developments.


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

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