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  • Posted: Apr 26, 2016
    Deadline: Not specified
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    In 1965, the Standard Bank of South Africa merged with the Bank of West Africa acquiring businesses including a banking operation in Nigeria, which dated back to 1894. The name was then changed to Standard Bank of West Africa. Four years after the merger, Standard Bank Nigeria was incorporated locally to take over the business in Nigeria. In 1971, 13% of the...
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    Dealing Room Manager, Financial Markets

    Job description

    To be the single focus point for governance and control, and dealing room environment maintenance.

    PRUPOSE:
    * Perform Dealing Room Administrative activities for Financial Markets
    * Assist the business Manager in updating and maintaining key business specific MIS and Database
    * Manage the administrative process in the dealing room to ensure smooth running of the business
    * Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of risk issues
    * Provide general operational excellence/control, business planning, coordination and project management for the Head of Financial Markets

    Key Roles and Responsibilities

    * Work with Business Manager in ensuring FM is adhering to Local/Group policies and procedures, including performing relevant KCSA/CST checks
    * Assist in Annual revenue and cost budget process
    * Drive implementation of business plans and associated projects
    * Managing the Regional Product Forum. Work with business, control functions and cross border compliance in ensuring products addendums (country Addendum) for Nigeria are reviewed by all stakeholders and approved within set timelines.
    * Drive and monitor FM adherence to relevant procedures, group policy and compliance requirement (e.g.: Block leave policy, code of conduct, gift policy etc.)
    * Manage, distribute, monitor and file correspondences within FM, including communication and other relevant information dissemination and maintain up-to-date filling system
    * Ensure all Delegated Authorities are current, maintained & adhered to and maintain & amend the dealing room policies and procedures manual. Ensure this document is always available for inspection and contains latest guidelines
    * Responsible for user administration for local trading system and perform relevant system user ID control. E.g. Reuters Dealing, etc.
    * Work with BORM to undertake periodic business monitoring (self-assessment) activities within the business unit and escalate findings and or breaches to Business Unit Head and BORM, when they occur
    * Ensure that FM has robust Business Continuity/Disaster recovery plans in place - Act as Departmental Contingency Coordinator (DCC) for FM. Coordinate all BCP activities as per Group guidelines and ensure a BCP reporting is completed. Ensure BCP site is maintained in full working order by conducting regular tests to ensure all equipment is in good working order.
    * Ensure the appropriate physical and system access is granted to the relevant FM staff and responsible for the dealing room visitation policy compliance.

    Method of Application

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