Career Opportunities at Stanbic IBTC Bank

Job ID: 43764
Location: Kano  Application  Link

Location: Kaduna  Application  Link
Job Sector: Banking

Job Purpose

• To ensure an in-depth understanding of all customers in his/her portfolio, using the Customer Value Chain Analysis (CVCA) tool, in order to effectively meet the needs of the customers.
• To execute the Commercial Banking Customer Value Proposition (CVP) and Industry Value Propositions (IVPs) initiatives and activities aimed at optimising both customer experience and profitability for the Bank.
• To execute an effective relationship management strategy in line with overall Commercial Banking strategy of leading with Transactional Banking.
• To ensure that close personal attention is given to providing a full array of customised financial solutions and services tailored to meet the growth needs and potential of the portfolio.
• To grow and retain a portfolio of high value Commercial Banking relationships by performing proactive and value adding portfolio management.
• To achieve financial and non-financial targets for the portfolio.

Key Responsibilities/Accountabilities

• In-Depth understanding of all Clients in the portfolio
• Execution of the Commercial Banking Customer Value Proposition (CVP), Industry Value Propositions (IVPs), and other agreed initiatives
• Relationship and Portfolio Management
• Grow and retain a portfolio of High Value Commercial Banking relationships
• Deliver the financial and non-financial targets for the portfolio

Preferred Qualification and Experience

• A good first degree from a reputable university (minimum of second class lower).
• A professional qualification or 2nd degree will be an added advantage.
• 3 – 5 years cognate experience in relationship management, in a Business Banking or CIB environment.
• Practical direct exposure to lending principles/previous working experience in Credit Risk Management is an added advantage.

Knowledge/Technical Skills/Expertise
Financial targets:

• Portfolio profitability as measured by income after impairments, total revenue, ARPC, CoF, average assets yield, LTD ratio.
• Net balance sheet growth (liabilities as measured by CASA and performing risk assets).
• Quality of risk assets as measured by level of impairments.

Non-financial targets:

• DTF ratio.
• Quality of relationship management as measured by clients’ positive experiences/level of clients’ satisfaction/client retention.
• TAT on client’s transactions.
• Effective utilization of Salesforce.
• Quality of CVCAs.
• Quality of Credit structuring and documentation.
• Quality of call reports, promptness of annual reviews, etc.
• Accurate segmentation, mapping and tiering of clients in the portfolio.
• Acquisition of profitable NTB clients.

go to method of application »

Job ID: 43778
Location: Lagos
Job Sector: Banking

Job Details

• 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

• Provision of an efficient Accounts Payable service to the Stanbic IBTC Group (Head office, Branches and intercompanies)
• To oversee the fixed asset management function to ensure proper recording and safeguarding the group fixed assets.

Key Responsibilities/Accountabilities

• Operationally responsible for account payable functions
• Manage the accounts payable function to ensure sound internal controls are in place within the accounts payable process.
• Ensure payments are adequately supported and appropriately authorized in line with policies and guidelines.
• Ensure payments processed and supporting documentation complies with the Income Tax Act and VAT Act.
• Ensure up-to-date Intercompany balance review & billing and follow closely on payment on a monthly basis.
• Monitor, prepare and post accruals for unpaid invoices where services have been rendered as advised by business units and ensure adequate provisions and month end allocations are made as applicable before close of each month

Monitoring and review of processes:

• Review and post all transactions for team members for payments for items or services procured on behalf of Stanbic IBTC group.
• Review of the fixed asset register to the general ledger, ensuring correctness of depreciation and asset classification.
• Monthly reconciliation of major vendor accounts
• Suspense account reconciliations - ensure that outstanding items are timeously cleared, resultant entries processed, and the amounts reflected in the general ledger appropriately supported.
• Review and reconcile the prepayment accounts while ensuring accurate amortization and that there are no un-amortised amounts.

Leadership:

• Ensure smooth run of month end activities, support and manage/monitor team in all month-end processes to ensure deadlines are met and there are no disruptions to day to day and month end activities.
• Playing a leading role in coaching and developing his/her team
• Effectively execute any other duties that may be assigned from time to time.

Qualifications and Experience

• Minimum of first degree in Economics, Finance or Accounting
• ACCA, ACA, CIMA, Dip IFRS or relevant Accounting/Finance qualification is required
• Minimum of 5 years’ experience in Finance, Internal Audit/Control
• In-depth understanding of International Financial Reporting Standards
• Working knowledge of SAP, Finacle, and GBM will be an added advantage

Knowledge/Technical Skills/Expertise
Technical Competencies:

• Financial and Accounting Control
• Interpreting Financial Statements
• Preparing Financial Statements
• Understanding IFRS
• Financial Consolidation
• Reconciling Financial Records

go to method of application »

Job ID: 43777
Location: Lagos
Job Sector: Banking

Job Details

• 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

• To ensure the overall integrity and accuracy of the General Ledger as a basis for the preparation of financial and management reports.
• Custodian of the General Ledger and Chart of Accounts.
• Preparation of financial reports

Key Responsibilities

• Being the custodian of the General Ledger, Chart of Accounts, and the repository for all Financial and Management information for the Bank.
• Stakeholder management & policy review
• Preparation of financial reports, coordination of external and regulatory audits
• Provide technical accounting support to business
• Leadership and people development

Qualifications and Experience

• Minimum of first degree in Finance, Accounting or Mathematical Sciences
• ACCA, ACA, CIMA, Dip IFRS or relevant Accounting/Finance qualification is required
• Minimum of 7 years’ experience in Financial / Statutory Accounting
• In-depth understanding of International Financial Reporting Standards.
• Working knowledge of SAP, Finacle, and GBM will be an added advantage.
• Good communication and presentation skills at a senior level

Knowledge/Technical Skills/Expertise
Technical Competencies:

• Financial and Accounting Control
• Interpreting Financial Statements
• Preparing Financial Statements
• Understanding IFRS
• Financial Consolidation
• Reconciling Financial Records