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  • Posted: Nov 10, 2014
    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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    Branch Manager

    • Job Type
    • Qualification
    • Experience None
    • Location Ondo
    • Job Field Banking 

    Job Description
       
    BM FOR AKURE BRANCH
           
    In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required

    go to method of application ยป

    Product Delivery Officer

    Job Description
       
    This role will be responsible for the end to deal processing, settlements, confirmation, and record keeping of all Derivative, commodity and Interbank Money Market transactions
       
    Key Roles & Responsibilities
       
    1.Ensure prompt and accurate settlement of all Derivatives and Commodity trades
    2.Track all outstanding confirmation letters and provide adequate MIS in line with approved procedure
    3.Matching incoming confirmation letters for derivatives and commodity trades.
    4.Follow up with counterparties for all outstanding confirmation letters related to derivatives and commodity transactions.
    5.Ensure compliance with all relevant laws & regulations, and that documented procedures are up-to-date at all times.
    6.Ensure that all required analysis, statistics and returns are completed accurately and on a timely basis as it relates to Money Market and Derivative transactions
    7.Manage relationships between the FMO and GSSC Chennai FX/MM Settlement team and internal customers to ensure excellent interfaces between sales, trading and operations.
    8.Ensure timely settlement of all Interbank Money Market deals.
    9.Ensure prompt confirmation and settlement of all Corporate term deposit transactions
    10.Render timely all regulatory returns required on ALM and derivative business to relevant stakeholders.
    11.Assist the ALM desk by monitoring and reporting timely, all late and failed payments from counter parties.
    12.Prompt settlement of all secured interbank placements/takings via the Central Bank of Nigeria Depo/x (S4) system.
    13.Ensure prompt review and investigation of derivative, commodity and Money Market related transactions and items cleared from internal suspense and nostro accounts within the stipulated timeframe.
    14.Maintain required standards of customer service quality, efficiency and productivity; and where necessary, analyze, review and develop methods of working to improve efficiency and reduce TAT.
       
    Qualifications & Skills
       
    1.University degree with a minimum of a second class qualification
    2.Good knowledge of Treasury products and local money market practices.
    3.Sound analytical and business process knowledge
    4.Good communication and interpersonal skills
    5.High degree of responsibility and integrity
    6.Good knowledge of Opics and eBBS system and related reports
    7.Sound knowledge of Risk control and reporting.

    In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required

    Method of Application

    To apply for any of these positions, follow these steps

    • Click here to apply
    • On the form, Select "Nigeria" under location.
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    • Click on any of the positions to apply.

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