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Thursday, March 26, 2015

Stanbic IBTC Bank recruitment for Internal Control Officers, March 2015



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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.


Work with Standard Bank and join a dynamic team of

professionals proud to be voted the Best Bank in Africa for

three years running. Our core values of service and innovation

are at the heart of our business, and our global workforce

benefits from our unique culture of empowerment and

independence, enabling us to maintain competitive advantage in

the world’s premier financial markets



We are recruiting to fill the position below:



Job Title: Internal Control Officer



Job ID: 12808
Location: Kano and Kaduna

Division Group: Operations

Position Category Group: Operations Control

Employment Type: Full Time – Permanent



Position Description


  • Build a strong compliance environment to ensure zero level

    of policy, procedures and regulatory infractions.

  • Ensure prompt and effective call over of branch

    transactions.

  • Build strong awareness in branch staff on all policy and

    procedures issues; zero tolerance for open GL Items, unreviewed

    transactions and income leakages

Key Responsibilities


  • Call over of Transactions as per the approved threshold.

  • Review of expense and cash advances and ensure conformity

    with laid-down policies.

  • Carrying out security sweep at least once in a month.

  • Daily review of accounts closure and transfers.

  • Ensure complete and accurate recognition of all fees and

    charges on every relevant account.

  • Review of Fixed Asset Register

  • Review of Finacle users’ profile

  • Review KYC compliance.

  • Carrying out spot checks and review of activities in the

    branches under coverage, cash count and vault administration,

    funds transfer, Clearing processes and returned cheques, etc,

    ensuring adherence to policies and procedures

  • Review of system exception override message report.

  • Review of GL/P&L Movement Report.

  • Conduct Seriality checks /test on Managers Cheque/Bank

    draft in the branches under coverage.

  • Review of Suspense/Transit/Proxy Accounts.

Key Performance Measures:


  • Control Adequacy rating from Internal Audit.

  • Promptness and effectiveness of call over of transactions.

  • Integrity of the GL accounts in the Business offices of the

    region.

  • Promptness, Accuracy and Validity of Exception

    Reporting/Rendition of all Control Activity Reports

  • Effectiveness at follow up to ensure that Internal Audit

    recommendations are implemented

  • Quantum of undetected regulatory/statutory infractions from

    External Auditor and Regulators reports.

  • Quality and Timeliness of losses and loss events reporting

    in processing areas

  • Undetected Income leakage/P&L reversal arising from

    undetected processing errors

Qualifications


  • Must possess a minimum of second class lower in a numerate

    1st Degree and professional qualifications in Accountancy or

    Audit

Experience:


  • Work experience of between 4 and 6 years in banking

    operations

Required Competencies

Internal relationships:


  • The need to maintain a wide network with key stakeholders

    in the Bank such as Operational Risk, Risk Assurance, Group

    Internal Audit, and other appropriate divisions and associate

    companies to ensure operational effectiveness and enhanced

    customer service.

Technical Competencies:


  • Report writing/Investigation skill

  • Banking operations experience

  • Interpretation of ML (P) Act 2004 & CBN KYC Manual 2003

  • Ability to use Finacle, Microsoft packages & AML

    Software

Personal competencies:


  • Excellent interpersonal skills

  • Attention to details


Method of Application

Interested and qualified candidates should:

"https://careers.peopleclick.com/careerscp/client_standardbank/external/jobDetails.do?functionName=getJobDetail&jobPostId=26117&localeCode=en-us"

rel="nofollow" target="_blank">Click here to apply

online



Application Deadline  1st April,

2015





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