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.
Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.
We are recruiting to fill the position below:
Job Title: Analyst, Financial Risk and Capital Management
Job ID: 18295
Location: Lagos Island
Job Sector: Banking
Region/State/Province/District: Lagos
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
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.
- 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
How to Apply
Click here to apply online
Deadline: 12th August, 2016.
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