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New Job Vacancies at Stanbic IBTC Bank, 28th March, 2019

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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: Legal Officer – Personal & Business Banking

Job ID: 38305
Location: Lagos Island
Job Sector: Legal Services

Job Details

  • Governance: specialist advice about, and oversight of, the processes, laws and regulations governing our business, predominantly for directors, chief executives and executive committees.

Job Purpose

  • The Legal Officer is responsible for managing and reviewing legal documentation such as loan agreement, security agreement etc., before and after transactions on behalf of the PBB business units. The role will also be required to provide legal advisory in this regard

Key Responsibilities
Client transactions management and documentation:

  • Preparation/ Review of loan and security documentation for Client’s transactions.
  • Preparation  and review of all Bank Guarantees including Advance Payment Guarantees,  Bonds and  Indemnities
  • Review and Confirmation of Bank Guarantees, Bonds and Indemnities to be issued to the Bank and those issued by the Bank to counterparties.
  • Lien Placement and Release at the CSCS
  • Preparation of Deeds of Release for Mortgages, Debentures and other charges to be issued to Customers on satisfaction of their repayment obligations to the Bank.
  • Drafting of letters of instruction and following up with solicitors for perfection of the Bank’s security.

Legal documentation and advice:

  • Reviewing legal document and providing general legal opinion and advice to the branches and unit within the business.

Document management

  • Special duties

Preferred Qualification and Experience
Qualifications:

  • Bachelor in Law or related field required

Experience:

  • Independent Assurance
  • Minimum of 4 years post qualification experience in a similar or related position
  • Strong oral and written communication skills in English

Knowledge/Technical Skills/Expertise
Technical Competencies:

  • Legal Records and Related Systems
  • Legal Knowledge
  • Legal Advisory and Interpretation


Method of Application

Interested and qualified candidates should:
Click here to apply online

 

Job Title: Governance Consultant

Location: Lagos Island, Lagos
Job ID: 38346
Job Sector: Banking

Job Details

  • Governance: specialist advice about, and oversight of, the processes, laws and regulations governing our business, predominantly for directors, chief executives and executive committees.

Job Purpose

  • To work directly with the Company Secretary to fulfil his role. In addition to this, the incumbent is expected to ensure that the Company adopts the highest standards of corporate governance; that each subsidiary company board is properly constituted, functioning properly and recording its activities

Key Responsibilities

  • Ensure that each board and all board committees function in terms of their mandates.
  • Monitor all board papers and minutes. Maintain record of important agenda items such as dividends, changes in capital, appointment and resignation of directors, opening / closing points of representation, and special resolutions.
  • Follow up and make sure that all necessary governance processes are complied with in respect of the appointment and resignation of directors.
  • Provide induction and training to non-executive directors on their duties and responsibilities when serving on the board of the Company, in line with International Best Practice.
  • Ensure all mandates and policies with relation to Corporate Governance are in place, updated regularly and reviewed annually. Where necessary obtain group approval.
  • Reporting requirements
  • Ensure that annual reports are prepared and contain commentary on corporate governance, risk management; social and environmental issues and that they include reports by managing director and board chairman.
  • Research on corporate governance-related trends.
  • Maintain a register of correspondence from Regulator and other stakeholders; monitoring and follow up to ensure that all requirements are met / complied with.
  • Administration
  • Act as Secretary to the Board and Board Committees as may be assigned to me by the Group Company Secretary.
  • Assist with the preparation of Section 52 and 55 Applications for submission to Registrar of Banks covering the formation of any new subsidiary companies and ensure that correct governance processes are followed and all necessary board and regulatory approvals are received and recorded. Once approved follow up and ensure compliance of all conditions of sanction.
  • Maintain record of, and update information regarding capital; shareholders etc.; and ensure that copies of regulatory documents are held such as Memorandum and Articles of Association; Certificates of Incorporation; Certificates of Increase in Share Capital; Particulars of Directors; and Annual Returns etc.
  • Attend to other specific projects as requested by the Company Secretary.

Key Performance Measures:

  • Proper functioning of boards and their committees within their mandates.
  • Committee secretarial services for executive committees are efficient and effective, and comply with the requirements of policy and standards.
  • All reporting requirements are handled timeously and are of a high standard.
  • Significant matters are brought to the attention of the Group Company Secretary; and Ad-hoc projects are completed as per project deliverables.

Important Relationship:

  • Executive management
  • Members of Executive Committees
  • Immediate team members
  • Individuals within business areas that provide input for the executive committees; and Board Meetings Group Sustainability Reporting,
  • Group Secretarial Services and company secretaries.
  • Chairmen and Non-Executive Directors of Boards of the Holding Company and subsidiaries.

Preferred Qualification and Experience

  • Bachelor’s in Law required or relevant tertiary qualification with a comprehensive understanding of principles of corporate governance practices and conduct.
  • 4 – 8 years in a banking or company secretarial environment
  • Able to communicate both verbally and in writing. Good writing skills essential for minute taking

Knowledge/Technical Skills/Expertise
Problem solving:

  • The ability to source information, interpret facts and reach a conclusion with minimum supervision
  • The ability to recommend and implement solutions
  • The job requires the incumbent to be able to handle authority expediently, be orientated towards immediate accomplishments and to be a firm decision-maker
  • The incumbent is expected to conduct research within the legislative framework both locally and within other jurisdictions with a view to enhancing and adopting best practices
  • Needs to be independent, innovative and pragmatic
  • And the incumbent will be required to adapt process and standards within a dynamic environment.

Planning:

  • The ability to demonstrate that planning is outcomes based and has a structured approach
  • The job requires significant attention to detail.

Decision making:

  • Decisions and conclusions should be reached independently prior to escalation to the Group Company Secretary
  • Decisions made are based on a consultative approach with executive management, however it is expected that solutions are recommended prior to consultation.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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