Analyst, Financial Risk and Capital Management at Stanbic IBTC

Job Details

• Group Finance: budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.

Job Purpose

• Providing support in the administration of best practices in capital management.
• Capital management planning and forecasting, ensuring both local and SARB requirements are met.
• Providing support in the administration of effective risk management processes in the department

Key Responsibilities/Accountabilities

• Conduct stress testing on an ongoing basis
• Preparation of stress test result for requisite GovCos and presentation where applicable
• Preparation of annual ICAAP in line with regulatory requirements.
• Preparation of Capital Management Pack for requisite GovCos and presentation where applicable
• Proactively manage Economic Capital and SARB Regulatory Capital within SIBTC
• Manage the risk appetite framework and regular monitoring
• Keep up to date on regulatory changes especially those impacting capital management.
• Prepare required regulatory reports (CBN and SARB) accurately and meet all regulatory deadlines.
• Develop and maintain strong working knowledge of the regulatory reporting requirements including Basel principles.
• Attend to all queries coming from the submitted returns, and other ad-hoc requests from the regulators.
• Prepare and supply information required for annual internal financial control (IFC) and liquidity and capital management (LCM) audits as well as CBN/NDIC annual routine examinations.

Key Performance Measures:

• Quality and relevance of ALCO/Board and other GOVCO packs
• Implementation of best practices in capital management.
• Implementation of best practices in risk management
• Ensure that all external reporting requirements are timeously met, including preparation of periodic regulatory returns in compliance with regulations.

Internal and External Relationships
Internal relationships:

• Risk Management (Credit , Market, Operational, Risk Governance, Credit MIS and Chief Risk Officer), Compliance,  Information Technology, ROA TCM Team

External relationships:

• Regulators, Auditors

Preferred Qualification and Experience

• A Business or other Degree  with a highly numerate bias
• Minimum of 4 years post qualification experience in Finance/ Risk/ Treasury within a busy commercial environment

Knowledge/Technical Skills/Expertise:

• Strong knowledge of Basel II/III regulations;
• Appreciation of financial analysis and risk issues;
• Comprehensive knowledge of treasury products and good general knowledge of retail, corporate and capital markets products;
• Working knowledge/understanding of International Financial Reporting Standards.