Stanbic IBTC Bank Fresh Recruitment 5th April 2017

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: Officer, Expense Control
Job ID: 22606
Location: Lagos Island
Job Sector: Logistics and Supply Chain

Job Details

  • Group Operations: a range of essential and complex services to ensure processes across the bank work as effectively and efficiently as possible

Job Purpose

  • Improving the bank cost to income (CTI).
  • Ensuring value for money and efficiency without comprising quality
  • Conducting market research and price control.

Key Responsibilities/Accountabilities

  • Market Research & Price Control
  • Carry out price control and market survey
  • Monitoring of actual expenditures to approved budget.
  • Review and analysis contract/services in line with the pegged cost.
  • Monitoring of market prices/cost of item for ease of comparison with contractor s’ price.
  • Cost Containment initiatives
  • Obtaining and review of prices or cost on constant basis to ensure the bank maximizes its expenditures
  • Benchmarking cost reduction techniques with the industry.
  • Ensure compliance of payments to approved budget/pledges
  • Verify payments due to vendors in line with agreed price
  • Achieve cost savings target set by  Head, Expense Control
  • Review of all extra-budgetary expenditures propose by the business units.
  • Updating and Publishing Pricelist.

Key Perfomance Measures:

  • Cost Optimization
  • Improved  in CTI
  • Improved service delivery-Internal service survey
  • Improved Turnaround time(TAT)

Preferred Qualification and Experience

  • B.Sc in a relevant degree (at least a 2.2)
  • Associate Chartered Accountant(ICAN)
  • Minimum of 2 years of experience in Procurement Unit.

Knowledge/Technical Skills/Expertise

  • In-depth knowledge of cost drivers of the bank.
  • Possess analytical skills
  • Knowledge market research/Price control
  • Effective negotiation skills
  • Problem solving oriented
  • Cost Reduction initiatives
  • Assertive in all engagement.
  • Proficiency in Excel and SAP


How to Apply

Click here to apply online




Job Title: Head, Information Technology – SIPML

Job ID: 22629
Location: Lagos Island

Job Details

Group Information Technology: systems development, business analysis, architecture, project management, data warehousing, infrastructure, maintenance and production

Job Purpose

  • To provide overall strategic guidance and direction for IT comprising of the following units ( Project management, E Business & Application support, Infrastructure, Testing, Security, Service support and IT Consulting)
  • The alignment of IT investments with the strategic direction of the business to achieve business goals.
  • Responsible for creating and maintaining an enabling and secure IT platforms for the smooth execution of business transaction for all staff and customers

Key Responsibilities/Accountabilities
Manage Project Management Team:

  • The management of projects to ensure delivery on time, within budget and with the required quality.
  • To plan, initiate, execute, control and close projects related to a relevant function
  • To compile documents, schedule meetings, update project plans, coordinate feedback and organise project related records
  • To create financial reports as well as execute financial entries to monitor project financial progress and performance.

Manage E-Business & Application Support:

  • The specification and design of information systems, their components and architecture to meet defined business needs.
  • The planning, design, management, execution and reporting of tests, using appropriate testing tools and techniques and conforming to agreed standards, to ensure that new and amended systems, together with any interfaces, perform as specified.
  • Knowledge and application of various design patterns to provide solution based alternatives to address software and system functionality challenges.

Manage IT Operation:

  • To ensure provision of application maintenance and support services. Support typically takes the form of investigating and resolving problems and providing information about the systems. It may also include monitoring their performance.
  • To manage the capability and functionality of hardware, software and network components to meet current and predicted needs in a cost-effective manner.
  • To manage all changes to the components of a live infrastructure, from requests for change (RFC) through implementation and review, to support the continued availability, effectiveness and safety of the infrastructure.

IT Planning and Management:

  • Monitoring for the emergence of anticipated benefits to optimize the business impact of individual and combined benefits.
  • The identification of new and emerging hardware, software and communication technologies, products, methods and techniques and the assessment of their relevance and potential value to the organization.
  • The promotion of emerging technology awareness among staff and business management.
  • The management of, and provision of expert advice on, the selection, design, justification, implementation and operation of information security controls and management strategies to maintain the confidentiality, integrity, availability, accountability and relevant compliance of information systems.

Manage IT Infrastructure Team:

  • To manage the Data center operations.
  • The management of the inventory of IT assets (hardware, software, network and user knowledge) held within an organization.
  • To manage IT networks.

Oversee Risk Management & Controls:

  • The planning and implementation of organization-wide processes and procedures for the management of operational risk.
  • Ensure proper functioning of day to day controls, periodic monitoring activities ( KRI, RCSA, Dashboard etc..) and timely resolution of risk issues

Oversee Regulatory, Audit & Compliance:

  • Ensure overall process compliance with established policies and controls as well as regulatory guidelines.
  • Develop and maintain effective working relationships with compliance, legal and risk management to enable effective governance
  • Ensure compliance with regulatory guidelines i.e. PENCOM, SEC, NAICOM, NSITF, NHF
  • Ensure zero regulatory fines and consistent satisfactory audits

Internal Relationships:

  • Executive committee, Group IT Steering committee etc

External Relationships:

  • Regulatory authorities, Customer (Employers in the Wealth space), IT solution vendors

Preferred Qualification and Experience

  • First Degree, Master’s or MBA in Computer Science or any of the numerate field of study eg Mathematics, Physics, Economics, Engineering
  • Certifications in IT related fields eg Databases, Operating Systems, CISA, CISM, Prince 2
  • Minimum 10 years post qualification experience with at least 4 years spent in the Financial Sector and 4 years in top management position

Knowledge/Technical Skills/Expertise:

  • Information Services: 7-10 yrs experience in the coordination of relationships with and between key stakeholders, during the design, management and implementation of business change.
  • Talent Mgmt: 3-4 yrs knowledge and practical skills in the identification of talented individuals, assessment of potential, creation of develop plans and developing retention and engagement activities for these individuals.
  • Financial Mgmt: 3-4 yrs knowledge and understanding of costing, budgeting and finance concepts and the understanding and application of related processes and procedures.
  • Vendor Mgmt: 3-4 yrs knowledge and application of tools and methods to monitor the effective delivery of suppliers and to gain maximum value from supplier services.

Technical Competencies (Advanced proficiency in the following):

  • Strategy and Planning
  • Project Management
  • Quality Management
  • Quality Management



How to Apply


Click here to apply online

Deadline: 18th April, 2017.


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